Remedy Report: Revenue Growth and Control Expectations

Remedy Report: Revenue Growth and Control Expectations
Published by 13 May, 2022 0 likes

Remedy has published interim financial reports for the period from January 1 to March 31. Compared to the same period last year, revenue increased by 55.9%, amounting to 12.6 million euros. Operating profit - 2.76 million euros.

As far as games are concerned, the bulk of sales fell to Control, which fully lived up to the studio's expectations. But things are worse with the Alan Wake remaster - so far, Remedy has not received any royalties from sales on the Epic Games Store, since the game has not yet recaptured production and marketing costs.

The studio also reminded that it is working on five major projects that will be released between 2023 and 2025: Vanguard (the codename for a cooperative shareware shooter), a sequel to Control and its multiplayer spin-off, as well as remakes of two Max Payne and Alan Wake 2.

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