Cyberpunk 2077
GameBy CD Projekt RED · Released Dec 10, 2020
Documents about Cyberpunk 2077
CD PROJEKT Q3 2020 Financial Results
CD PROJEKT demonstrated strong financial growth during the third quarter of 2020, characterized by a 60 percent year-over-year increase in consolidated net profit, which reached 23 million PLN.
- CD PROJEKT reported a 60% year-over-year increase in consolidated net profit, reaching 23 million PLN for Q3 2020.
- Total sales revenue for the quarter was 105 million PLN, driven by the continued performance of The Witcher franchise, GWENT, and Thronebreaker.
- The GOG.com platform experienced a nearly 25% increase in sales compared to the same period in 2019.
CD PROJEKT Q3 2020 Financial Results: Transcript of Audio Webcast
CD PROJEKT’s Q3 2020 financial results webcast centers on the company’s final preparations for the launch of Cyberpunk 2077.
- CD PROJEKT reported a Q3 2020 net profit of over 23 million PLN, representing a 57% increase compared to the same period in 2019.
- Deferred revenues grew by over 77 million PLN, driven primarily by strong pre-order performance for Cyberpunk 2077.
- Cyberpunk 2077 achieved gold status and full certification across all target platforms, including next-generation consoles, despite remote work challenges.
CD PROJEKT Group Condensed Interim Consolidated Financial Statement: Q3 2020
The CD PROJEKT Group’s financial performance for the third quarter of 2020 reflects a period of robust growth and strategic transition, characterized by a 13% year-over-year increase in quarterly sales revenue to 104.5 million PLN and a 57% rise in net profit to 23.4 million PLN.
- CD PROJEKT Group reported a 13% year-over-year increase in Q3 2020 sales revenue to 104.5 million PLN and a 57% rise in net profit to 23.4 million PLN.
- The company maintained a strong liquidity profile with 634.9 million PLN in total financial reserves, despite executing a 214.3 million PLN share buy-back program.
- GOG.com segment revenue grew by 23% year-over-year, supported by improved net profitability and the GOG GALAXY 2.0 technology platform.
CD PROJEKT H1 2020 Financial Results: Chat Session with Individual Investors
This investor chat session, held on September 4, 2020, serves as a platform for CD PROJEKT leadership to address shareholder inquiries regarding the company’s H1 2020 financial performance, operational strategy, and the highly anticipated launch of Cyberpunk 2077.
- CD PROJEKT confirmed the November 2020 launch of Cyberpunk 2077 remains on track despite the challenges of remote work.
- Cyberpunk 2077 represents the company's largest investment activity, with development costs qualifying for IP Box tax relief.
- Current-generation console owners will receive a free upgrade to the dedicated next-gen version of Cyberpunk 2077 upon its release.
CD PROJEKT H1 2020 Financial Results
CD PROJEKT experienced significant financial growth during the first half of 2020, driven by the sustained popularity of its established intellectual properties and a surge in global demand for digital entertainment.
- CD PROJEKT reported 364 million PLN in sales revenue for H1 2020, a nearly 70% increase compared to the same period in 2019.
- Net profit nearly tripled year-over-year to reach 147 million PLN, driven by increased demand for digital entertainment during the COVID-19 pandemic.
- The company invested 114 million PLN into development projects during H1 2020, bringing cumulative expenditures on future titles—primarily Cyberpunk 2077—to 483 million PLN.
CD PROJEKT Group H1 2020 Financial Results: Transcript of Audio Webcast
CD PROJEKT experienced significant financial expansion during the first half of 2020, achieving 364 million PLN in revenue and 147 million PLN in net profit.
- CD PROJEKT reported strong H1 2020 growth with 364 million PLN in revenue, a 70% year-over-year increase, and 147 million PLN in net profit.
- Financial performance was driven by the sustained commercial success of The Witcher 3 and the Gwent franchise, which funded the development and marketing of Cyberpunk 2077.
- Cyberpunk 2077 is scheduled for a November 2020 launch with preorder volumes currently outpacing those of The Witcher 3 at the same stage in its lifecycle.
CD PROJEKT Group H1 2020 Earnings Presentation
The CD PROJEKT Group H1 2020 earnings presentation outlines the financial performance and operational status of the company during the first half of 2020.
- CD PROJEKT Group reported H1 2020 sales revenues of 363,998k PLN, representing a 69% increase compared to the same period in 2019.
- Net profit for the first half of 2020 reached 146,757k PLN, achieving a net profitability margin of 40%.
- The company increased expenditures on development projects by 25% during H1 2020, primarily to fund the upcoming launch of Cyberpunk 2077.
Management Board Report on the Activities of the CD PROJEKT Group: H1 2020
The CD PROJEKT Group demonstrated exceptional financial and operational performance during the first half of 2020, characterized by significant revenue growth and a robust expansion of its core franchises.
- CD PROJEKT Group reported a net profit of 146.8 million PLN in H1 2020, marking a 184.7% increase compared to the same period in 2019.
- Consolidated sales reached 363.9 million PLN, driven by the sustained popularity of The Witcher franchise, the cross-platform release of GWENT, and increased digital sales on GOG.com.
- The company maintains a debt-free balance sheet with 1.597 billion PLN in total assets and a liquidity position of 642.3 million PLN in cash and treasury bonds.
Condensed Interim Consolidated Financial Statement of the CD PROJEKT Group: H1 2020
The CD PROJEKT Group experienced substantial financial growth during the first half of 2020, characterized by a significant surge in profitability and revenue compared to the same period in 2019.
- CD PROJEKT Group’s net profit nearly tripled in H1 2020, rising to 146.76 million PLN from 51.54 million PLN in H1 2019.
- Total sales revenue for the first half of 2020 reached 363.99 million PLN, with over 96 percent of this total derived from digital distribution and international exports.
- The Witcher 3: Wild Hunt and its expansions remained the primary revenue drivers, while the company simultaneously capitalized 601.8 million PLN in ongoing development projects, primarily for Cyberpunk 2077.
CD PROJEKT Q1 2020 Financial Results
CD PROJEKT’s financial results for the first quarter of 2020 represent the strongest opening quarter in the company’s history.
- CD PROJEKT recorded its strongest Q1 in history with 193 million PLN in consolidated revenue, a 2.4-fold increase year-over-year, and a fivefold increase in net profit to 92 million PLN.
- The Witcher series reached a cumulative 50 million units sold, serving as a primary revenue driver alongside the release of Thronebreaker on Nintendo Switch and Gwent on mobile.
- Cyberpunk 2077 remains on track for its September 17, 2020 release date despite the transition to remote work caused by the COVID-19 pandemic.
CD PROJEKT Group Condensed Interim Consolidated Financial Statement: Q1 2020
The CD PROJEKT Group achieved its strongest first-quarter performance to date during the opening three months of 2020, characterized by substantial year-over-year growth in both revenue and profitability.
- CD PROJEKT Group achieved record Q1 2020 results, with revenue rising 138.6% year-over-year to 192.97 million PLN and net profit surging 418.7% to 91.98 million PLN.
- Financial growth was driven by licensing royalties from The Witcher franchise, the Android launch of GWENT, and the return to profitability of the GOG.com digital distribution platform.
- The company maintains a strong financial position with 695.50 million PLN in financial assets and 1.17 billion PLN in total equity.
CD PROJEKT FY 2019 Financial Results: Chat Session with Individual Investors
This investor chat session, held in April 2020, serves as a formal update from CD PROJEKT leadership regarding the company’s 2019 financial performance and its strategic outlook amidst the global COVID-19 pandemic.
- CD PROJEKT maintained the September 2020 release date for Cyberpunk 2077 despite the transition to remote work caused by the COVID-19 pandemic.
- The company prioritized organic growth over dividends, reinvesting capital into development and future projects rather than establishing a stable dividend policy.
- As of the end of 2019, the CD PROJEKT Group employed 1,111 total staff, including 697 developers.
Companies behind it
CD Projekt REDdeveloper, owner35
CD Projektdeveloper, publisher, owner92- Xbox Game Studiospublisher13
Asmodeepublisher43
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