CD Projekt SA ( (OTGLF) ) has released its Q1 earnings. Here is a breakdown of the information CD Projekt SA presented to its investors.
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CD Projekt SA is a prominent video game developer and publisher based in Poland, known for its critically acclaimed titles such as The Witcher series and Cyberpunk 2077. The company operates primarily in the gaming industry, with a unique focus on creating immersive, story-driven experiences for players worldwide. CD Projekt also manages the digital distribution platform GOG.COM, which offers a wide range of games from various developers.
In its latest earnings report for the first quarter of 2025, CD Projekt SA reported stable sales revenue compared to the same period last year, driven by continued strong sales of Cyberpunk 2077 and its expansion, Phantom Liberty. Despite a slight decline in net profit, the company maintained a solid financial position, with a notable increase in operating profit and profit before tax.
Key financial highlights include net sales of PLN 226,305 thousand, with operating profit rising to PLN 95,594 thousand, and profit before tax reaching PLN 113,311 thousand. However, the net profit attributable to owners of CD Projekt SA decreased by 14.1% to PLN 86,003 thousand, primarily due to higher income tax expenses. The company’s equity also saw an increase, reflecting a robust financial standing.
Looking ahead, CD Projekt SA remains focused on its strategic initiatives, including ongoing development projects and technological advancements. The management is optimistic about future growth, supported by a strong pipeline of upcoming releases and continued investment in its core franchises.