20.5 million less profit in 2023 (2022 49 mil, 2023 28 mil)

cool story bro
(سಥ益ಥ)س (سಥ益ಥ)س (سಥ益ಥ)س (سಥ益ಥ)س (سಥ益ಥ)س (سಥ益ಥ)س (سಥ益ಥ)س
Why are you looking into someone else's pocket, watch yours.
GGG's expenses and investments are 100% well-thought-out, i'm sure of that.
"Path of Exile's engine is currently modern, lean and fast." - Chris Wilson, September 19th, 2019
[Removed by Support] but in my point of view the skins are so expensive , same for the battlepass make it cheaper and maybe more people will buy it ..
Last edited by ShaunB_GGG on Mar 9, 2024, 1:09:41 AM
"Battlepass" is very cheap if you consider that you get 4 mystery boxes from it (whuch would cost 20$) and entire MTX armor set, which normallly would cost 42$ going with GGG prices.
Any link to the full balance sheet? Footnotes in particular tend to be interesting. In the absence of any other info, this looks like what should be expected. flat revenue. increased costs for poe2.
Why would anyone care tho?
AS someone already said, these results are quite good, most of the decrease in profit comes from exchange rate which GGG cannot do anything about.

The only negative item I see in these financials is the lack of sales growth, but to some extent this only validates the need to get PoE2 live asap and the associated rise in expenses and investment.
Lol that’s an insane amount of profit no matter how you slice it
"
dontpanic1582 wrote:
Lol that’s an insane amount of profit no matter how you slice it


Not insane in any sort of way. Remember that barely pays the wages for 1 boss in Activision (if even) xD Also with how many people thay have hired it means they cannot afford any big drops over time so they need to keep it at that level or higher going forward. It is decent considering their investments but not insane.
Last edited by arknath on Mar 9, 2024, 3:16:03 PM
"
arknath wrote:
"
dontpanic1582 wrote:
Lol that’s an insane amount of profit no matter how you slice it


Not insane in any sort of way. Remember that barely pays the wages for 1 boss in Activision (if even) xD Also with how many people thay have hired it means they cannot afford any big drops over time so they need to keep it at that level or higher going forward. It is decent considering their investments but not insane.


Just shows why AAA studios are failing. Keep paying people who do nothing insane amount of money instead investing it into games and the gap between AAA games and indie will grow bigger and bigger (just look at numbers of Palworld or Helldivers 2 f.e. vs another "quadruple A" game we will get in near future)
Last edited by Aynix on Mar 9, 2024, 5:35:15 PM

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