Finance and sales

Shares of Polish company 11 bit studios have plummeted to the lowest level in seven years. Investors are concerned that the studio is allegedly planning to cancel a game currently in development and write off its assets

Despite the recent success of Frostpunk 2, 11 bit studios has been struggling on the stock market. The fact that the Polish company may potentially cancel one of its projects in development has caused panic among investors.

2024 has been a big year for indie games, with two major releases — Balatro and Buckshot Roulette — recently hitting new sales milestones.

The developer LocalThunk and publisher Playstack have announced that the card game Balatro has reached a new milestone. It has sold 3.5 million copies worldwide

Nintendo has completed its acquisition of Monolith Soft by purchasing the remaining shares, after initially holding a 96% stake in the studio.

Grinding Gear Games has achieved another milestone. Path of Exile 2 topped the list of highest-grossing products on Steam for the week of December 3 to 10.

Wishlists are one of the key metrics that developers pay attention to when preparing to launch their games. Here’s an interesting new analysis of how wishlists are converting to sales, and what that says about the state of Steam in general.

The new mobile puzzle game from the Turkish studio Dream Games had a strong start. According to the analytics service AppMagic, two weeks after its release, Royal Kingdom earned $1.83 million in net IAP revenue, after deducting store commissions and taxes.

Nintendo’s stock has been on the rise for more than a week. Several positive factors are helping Japanese publisher reach a new all-time high.

Dungeon Clawler is a turn-based card strategy game with roguelike elements where players draw items for their deck using a claw from an arcade machine. The game debuted on Steam and mobile devices on November 21, 2024, and to date, it has sold over 100,000 copies

On the morning of December 5, Nintendo set a new record for its stock price. At the start of trading on the Tokyo Stock Exchange, one share of the company was priced at 9,332 yen ($62.3)

Byterunners studio and publisher Movie Games have reported that more than 200,000 people worldwide have purchased Drug Dealer Simulator 2. The game reached this milestone just over five months after its release.

The marketing company AppsFlyer published a report on mobile app monetization for the third quarter of 2024

In October 2024, Newzoo's analysis identified Call of Duty: Modern Warfare 2/3/Warzone/Black Ops 6 as the highest-earning game in six markets, namely France, Germany, Italy, Spain, the UK, and the US

The Polish publisher PlayWay released a financial report for January-September 2024. The company reported that House Flipper remains its main hit even six years after its release

PlayWay has released its financial report for the third quarter ended September 30, 2024. The Polish publisher posted significant growth across key business metrics.

According to estimates from AppMagic, the Pokémon Trading Card Game Pocket has reportedly generated $208 million in revenue during its initial month.

The Royal National Institute of Blind People (RNIB) has introduced the Design for Every Game initiative to assist developers in creating games that are accessible to individuals with sight loss.

The American company Motorsport Games announced that on December 31, 2024, it will cease sales of a whole range of its games. It will remove all its NASCAR-branded projects and their DLCs from the shelves of digital stores

Casual games remain one of the largest segments in the mobile market. Here are the top publishers by in-app revenue generated in 2024.

The analytics service AppMagic compiled a list of mobile casual game publishers that earned the most from IAP* from January to November 2024. Scopely took the first place in the ranking

Many gaming companies today are publicly traded. Their stocks are traded, and dividends are earned from their securities. But how actively are the employees of these gaming companies themselves involved in this?

The PlayStation 2 has achieved global sales of 160 million units, holding its record as the best-selling console in history

On the evening of November 26, CD PROJEKT released its financial report for the third quarter of 2024. The Polish group of companies reported a decrease in revenue and profit along with increased spending on game development. They also boasted about the sales of Cyberpunk 2077

CD Projekt Group unveiled its third-quarter financial results for 2024, highlighting "strong sales" of Cyberpunk 2077 and The Witcher 3. However, the company's sales revenue experienced a significant decline, falling 49% from a year ago, decreasing from €102.7 million ($107.5 million) to €52.8 million ($55.2 million)

CD Projekt has released its financial report for the third quarter ended October 31, 2024. The Polish company faced an expected decline in both revenue and profit following last year’s success of Cyberpunk 2077: Phantom Liberty.

It has been almost a week since the release of S.T.A.L.K.E.R. 2: Heart of Chornobyl. GSC Game World has already reported impressive launch sales, but here is some data from analytics platform Video Game Insights.

Larian Studios has recently filed accounts for its Irish office in Dublin. The report sheds light on the company’s financial success following the 1.0 launch of Baldur’s Gate 3.

The analytical service VG Insights shared its sales statistics for S.T.A.L.K.E.R. 2: Heart of Chornobyl on the social network X. It conducted a detailed analysis of the game's performance on Steam

In October, consumer spending on games in the United States increased, driven by the launch of Call of Duty: Black Ops 6

Ju Heng, an associate professor at the Shanghai University of Finance and Economics business school, studied the revenues of the App Store in China. The figures turned out to be astronomical

The Finnish company Remedy Entertainment held a presentation for investors, during which it discussed its financial plans for the upcoming years. Additionally, it shared new information about its games.

Since its release on October 30, 2024, the Pokémon Trading Card Game Pocket has amassed $120.8 million in revenue

The year 2024 has already become the best in history for 11 bit studios in terms of revenue. The Polish company reported that from January to September 2024, it earned more than in its record-breaking year of 2020.

11 bit studios has released its financial report for the nine-month period ended September 30, 2024. Thanks to the strong performance of Frostpunk 2, the Polish company achieved impressive growth across all key operating metrics.

From July to September 2024, Wargaming paid 4.3 million euros into Lithuania's treasury. This is 20% more compared to the previous year. This was reported by the portal dev.by, citing data from the Lithuanian tax service

Embracer Group has released its financial report for the second quarter ended September 30, 2024. The Swedish holding company continues to divest its assets, also posting declining video game revenues.

Embracer Group has announced its financial results for the second quarter, revealing decreases across various areas, with a notable drop in its console and PC games segment

Embracer has reached a deal valued at SEK 12.9 billion ($1.2 billion) to sell mobile game developer Easybrain to the digital entertainment company Miniclip

Embracer Group reported for the second fiscal quarter ending September 30, 2024. The company announced a decline in sales across all business segments

According to a recent report by the trade organization Dataspelsbranschen, the Swedish gaming industry has seen a 6.4% increase in domestic revenue in 2023, reaching SEK 34.6 billion, equivalent to $3.17 billion.

The Saudi Arabian sovereign wealth fund, the Public Investment Fund (PIF), continues to divest from Nintendo shares. As Bloomberg noted, the fund's controlled stake in Nintendo recently decreased to 6.3%

CD PROJEKT reported that Korean gamers have purchased The Witcher 3: Wild Hunt over one million times in the nearly 10 years since its release

Nexon announced its financial performance for the third quarter, revealing an increase in revenue compared to the same period last year, while net income saw a decline.

The financial reporting season continues. Nexon has now reported the results for the third quarter of 2024 (July-September). For the second time in a row, the company has posted record revenues

Australian gambling company Aristocrat has decided to divest one of its core assets, Plarium. The Raid Shadow Legends developer will be sold to Modern Times Group (MTG) for up to $820 million.

Shift Up Studio has announced its financial results for the third quarter of 2024, which spanned from July 1 to September 30. We've highlighted the main points from the report.

The market has reacted negatively to Square Enix’s latest financial report. The Japanese company recorded a significant decline in both revenue and profit.

According to data from a new survey by XYZ School, Russian users may have spent 65 billion rubles on in-game purchases from July to September 2024

Sega has released its financial report for the six-month period ended September 30, 2024. Despite a lack of new hits, the Japanese publisher saw strong growth in its video game business.