Return to Monkey Island

Devolver Digital: 2022 Investor Presentation

The 2022 Devolver Digital investor presentation outlines a year of significant operational restructuring and financial recalibration, characterized by record revenue growth alongside substantial non-cash impairments.

• Devolver Digital reported a 37% increase in annual net revenue to $134.6 million, fueled by the successful launches of Cult of the Lamb and Return to Monkey Island.
• The company recorded $92.8 million in non-cash impairments, primarily at its Good Shepherd subsidiary, due to underperforming titles, cancelled projects, and an IP/goodwill review.
• Following significant impairments, the firm underwent a strategic reorganization that included leadership changes, workforce reductions, and a pivot toward high-potential publishing opportunities.