Revenue increased by a quarter, but market capitalization decreased — the main points from Remedy's report

The Finnish company Remedy Entertainment has published its financial report for the first quarter of 2025, boasting strong revenue growth.

Alan Wake 2

Remedy reported that it achieved an operating profit for January-March 2025. While last year the company reported losses of 2.1 million euros for the same period, it ended this quarter with a profit of 1.3 million euros.
Remedy’s revenue grew by 24.1% compared to the beginning of 2024, totaling 13.4 million euros.
2.64 million euros of the 13.4 million euros were royalties from the company's game sales, marking a 44.4% increase from the previous year.

Breakdown of Remedy's revenue by category

Alan Wake 2 continues to sell steadily and generate royalties. The current sales figures and revenue generated by the game are not specified. As a reminder, it was reported in February that over 2 million copies were sold.
Recently, Remedy made the final payment to 505 Games for the rights to Control — the companies entered into a deal totaling 17 million euros in February 2024.
This summer, Remedy will release its first self-published game, the shooter FBC: Firebreak, which will be launched on June 17.
As of March 31, 2025, Remedy's market capitalization was 190.2 million euros, which is 30.66 million euros less than at the end of March last year. However, according to Google Finance, by the time of this news, Remedy has nearly recovered the decline, with its stock market valuation currently at 219.3 million euros.

Dynamics of Remedy’s stock price over the last month

Remedy’s staff has grown over the year — from 360 employees in March 2024 to 373 in March 2025.