Cyberpunk 2077
GameBy CD Projekt RED · Released Dec 10, 2020
Documents about Cyberpunk 2077
Management Board Report on the Activities of the CD PROJEKT Group and CD PROJEKT S.A. in 2019
The 2019 activities of the CD PROJEKT Group were defined by robust financial growth, significant workforce expansion, and intensive preparation for the launch of its flagship title, Cyberpunk 2077.
- CD PROJEKT Group achieved a net profit of 175.32 million PLN in 2019, representing a 60.3% increase over the previous year.
- The company’s market capitalization grew by 92% year-over-year, reaching 26.9 billion PLN by the end of 2019.
- Financial stability was maintained through a debt-free balance sheet with 1.106 billion PLN in equity and reliance on internal cash reserves.
CD PROJEKT Group Condensed Interim Consolidated Financial Statement: Q3 2019
The CD PROJEKT Group’s financial performance for the third quarter of 2019 demonstrates a period of robust revenue growth fueled by its core intellectual properties and digital distribution channels.
- CD PROJEKT Group reported 92.87 million PLN in Q3 2019 sales, a 38% year-over-year increase driven by The Witcher franchise and GOG.com.
- Net profit remained stable at 14.9 million PLN as the company prioritized aggressive capital allocation toward the final development of Cyberpunk 2077 and GOG GALAXY 2.0.
- The group maintains a strong liquidity position with 593.6 million PLN in cash and bank deposits, supporting strategic investments like Warsaw real estate and new merchandise operations.
CD PROJEKT Q3 2019 Financial Results
CD PROJEKT experienced a period of robust financial growth during the third quarter of 2019, characterized by a 38% year-over-year increase in sales revenues.
- CD PROJEKT reported a 38% year-over-year increase in sales revenue for Q3 2019, totaling 92.9 million PLN with a net profit of 14.9 million PLN.
- The company invested 43 million PLN in development during the quarter, primarily focused on the final stages, testing, and localization of Cyberpunk 2077, bringing the cumulative development balance to 333 million PLN.
- The mobile launch of GWENT on iOS was highly successful, with iOS devices generating 68% of the game’s total revenue within the first three weeks of availability.
CD PROJEKT H1 2019 Financial Results: Chat Session with Individual Investors
This investor chat session, held on August 30, 2019, serves as a platform for CD PROJEKT management to address financial performance for the first half of 2019 and provide strategic updates regarding the company’s development pipeline.
- CD PROJEKT scheduled the release of Cyberpunk 2077 for April 16, 2020, with digital PC editions driving the majority of early preorder sales.
- The company employed 953 staff members by mid-2019, including a development team of over 600 people.
- Management decided to halt development of titles similar to Thronebreaker after the game failed to meet internal sales projections, despite recouping its development costs.
CD PROJEKT H1 2019 Financial Results
CD PROJEKT maintained a strong financial position during the first half of 2019, driven primarily by the sustained commercial success of The Witcher 3: Wild Hunt.
- CD PROJEKT recorded 214.4 million PLN in sales revenue and 51.7 million PLN in net profit for H1 2019, supported by the continued commercial success of The Witcher 3: Wild Hunt.
- The company maintained a strong liquidity position with 530 million PLN in cash and bank deposits, while distributing 101 million PLN in dividends to shareholders.
- Investment in Cyberpunk 2077 reached 60 million PLN during the period, bringing the project's cumulative development and technology expenditure to 292 million PLN.
Management Board Report on CD PROJEKT Capital Group Activities: H1 2019
During the first half of 2019, the CD PROJEKT Capital Group demonstrated robust financial health and operational growth, centered on the dual pillars of high-profile game development and digital distribution.
- CD PROJEKT’s market capitalization grew by 33% in H1 2019, reaching 22.1 billion PLN by the end of June.
- Sales revenue increased by 27.3% to 214.4 million PLN, with 96% of earnings generated from international exports.
- The company maintained a strong liquidity position with over 529 million PLN in cash and deposits, supported by a debt-free balance sheet and equity representing 86% of total liabilities.
Condensed Interim Consolidated Financial Statement of the CD PROJEKT Capital Group: H1 2019
The CD PROJEKT Capital Group demonstrated robust financial growth during the first half of 2019, characterized by a significant rise in sales revenues to 214.4 million PLN, compared to 168.4 million PLN in the same period of 2018.
- CD PROJEKT Capital Group reported H1 2019 sales revenue of 214.4 million PLN, an increase from 168.4 million PLN in H1 2018 driven by digital distribution and Cyberpunk 2077 preorders.
- Net profit for H1 2019 was 51.7 million PLN, a slight decrease from the 52.4 million PLN recorded in the same period of 2018.
- Operating expenses rose to 155.4 million PLN, impacted by higher employee compensation, product costs, and a 15.2 million PLN charge related to the 2016–2019 incentive program.
CD PROJEKT Group Q1 2019 Financial Results
The CD PROJEKT Group recorded 81 million PLN in consolidated sales revenues and 17.8 million PLN in net profit during the first quarter of 2019.
- CD PROJEKT Group reported 81 million PLN in consolidated sales revenues and 17.8 million PLN in net profit for Q1 2019.
- The company invested 25 million PLN in research and development during the quarter, bringing total R&D expenditures to 264 million PLN.
- Development of Cyberpunk 2077 remained the primary operational focus, supported by a dedicated team of over 400 professionals.
CD PROJEKT Group Q1 2019 Financial Results: Audio Webcast Transcript
The CD PROJEKT Group’s first-quarter 2019 financial results reflect a period of sustained operational activity focused on long-term development and infrastructure expansion.
- CD PROJEKT Group reported Q1 2019 sales revenues of nearly 81 million PLN, with a net profit of approximately 18 million PLN impacted by development expenditure depreciation for GWENT and Thronebreaker.
- Development expenditures for Q1 2019 totaled 21.5 million PLN, driven primarily by the ongoing production of Cyberpunk 2077.
- As of March 31, 2019, the company held 622 million PLN in cash reserves following significant investments in development, property, and pre-production costs for Cyberpunk 2077.
Condensed Interim Consolidated Financial Statement: CD PROJEKT Capital Group Q1 2019
The CD PROJEKT Capital Group’s financial performance for the first quarter of 2019 reflects a period of strategic investment and operational transition.
- CD PROJEKT generated 80.9 million PLN in revenue for Q1 2019, an increase from 75.4 million PLN in the same period of 2018.
- Net profit declined to 17.8 million PLN from 22.9 million PLN in Q1 2018, driven by higher operating expenses related to Cyberpunk 2077 development and GOG Galaxy 2.0 maintenance.
- The company maintains a strong financial position with total assets exceeding 1.1 billion PLN.
Chat Session with Individual Investors: 27 March 2019
The investor chat session held on March 27, 2019, served as a platform for CD PROJEKT leadership to address shareholder inquiries regarding the company’s strategic direction, financial performance, and product roadmap.
- CD PROJEKT confirmed that Cyberpunk 2077 will launch as a multi-platform release for PC, Xbox, and PS4, with E3 identified as a critical milestone for the title.
- The company is expanding into the mobile market through a new version of GWENT and an independent project currently in development by its subsidiary, Spokko.
- Strategic growth is shifting toward diversification into mobile gaming and e-sports, specifically the GWENT Masters series, while maintaining narrative-driven RPGs as the core business.
CD PROJEKT FY 2018 Financial Results
CD PROJEKT concluded the 2018 fiscal year with strong financial performance, driven primarily by the sustained commercial success of The Witcher 3: Wild Hunt and the expansion of the GWENT franchise.
- CD PROJEKT achieved a financial milestone in 2018, with total assets and equity exceeding 1 billion PLN for the first time.
- The company reported 363 million PLN in annual revenue and 109 million PLN in net profit, driven by The Witcher 3 and the GWENT franchise.
- R&D investment reached nearly 100 million PLN in 2018, bringing the company's cumulative expenditure on new technologies and game production to over 250 million PLN.
Companies behind it
CD Projekt REDdeveloper, owner34
CD Projektdeveloper, publisher, owner92- Xbox Game Studiospublisher13
Asmodeepublisher43
As the documents state it.