By Sherif Saed
June 1, 2021 13:45 GMT
CD Projekt’s 2021 fiscal year is off to a bad start.
Cyberpunk 2077 And the wizard publisher CD project Published [PDF] Its earnings for the first quarter of fiscal 2021. Profit fell by 64.7% to approximately US$8.7 million, far below the US$21.8 million expected by analysts.
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This is the result of a 2% drop in revenue, but mainly because the company continues to develop and repair Cyberpunk 2077 and create DLC. Although CD Projekt did not specify how many copies of “Cyberpunk 2077” were sold this quarter, the publisher stated that the game accounted for 60% of total sales during the same period.
CD Projekt also pointed out that because Cyberpunk 2077 is still outside the PlayStation store, it continues to miss considerable revenue. The developer has previously stated that it is working to change this situation. Most of the revenue from games is generated digitally on the PC.
“As long as we don’t go back to the Sony store, the general situation remains the same.” CD Projekt said: “For us, one of the leading markets is not available, and we generate most of our sales on the PC/digital channel. “
Nonetheless, CD Projekt hopes to increase sales of “Cyberpunk 2077” when the game’s add-ons begin to arrive and the game returns to the PlayStation Store. The publisher also hopes that the next-generation update of “The Witcher 3: Wild Hunt” will have a similar effect later this year.
CD Projekt remains committed to launching parallel AAA development in 2022.
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