Epic Games Store is still unprofitable
On November 6, court hearings began in the case of Epic Games and Google: the subject of the proceedings was the removal of Fortnite from Google Play in August 2020. During the meeting, Epic Games mentioned that it still spends more on the Epic Games Store than it earns.
Steve Allison, General manager of the Epic Games Store, explained that the company is still ready to put up with losses because it wants to increase the store's market share.
Earlier, it became known from documents in the framework of proceedings with Apple that in 2019-2020 Epic Games lost $ 454 million on the Epic Games Store. According to the company's forecast, the store will start to make a steady profit only from 2025. However, she expected to be able to make a small profit in 2023 in the amount of $ 16 million.
