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Paradox Interactive Financials

An Interim Report January – June 2019 from Paradox Interactive has the latest financial results from the publisher. Word is revenue was SEK 387.2 million, an increase by 30% year-on-year and operating profit was SEK 154.2 million, a 55% increase. Word is: "Revenues in the quarter are mainly attributable to Cities: Skylines, Hearts of Iron IV, Imperator: Rome, Stellaris and Surviving Mars." Here's more on their quarterly financial performance:

As always, our quarterly financial outcome de­pends on the new games and expansions we release during the quarter. During the second quar­ter we released an entirely new game, Imperator: Rome. Imperator: Rome is the latest addition to our portfolio of grand strategy games and is developed by our Stockholm-based Paradox Development Studio. The game was well received by industry media, but the reception from our players has not been as positive as we had hoped for. We are grateful for our active player community and take all feedback from our players very seriously. Positive as well as negative opinions have, after thorough analysis, helped shape the three free updates we have delivered so far to Imperator: Rome and will continue to do so going forward. Both the released and the upcoming updates that are currently being tested by our players have improved the game’s experience and have been met with a positive response. We have also published our development plan for the game for the coming year.

During the quarter, we also released six expan­sions to existing games. Last year’s new games BATTLETECH and Surviving Mars received new expansions through Urban Warfare and Green Planet, respectively. We released the Campus expansion to our top seller Cities: Skylines while the popular expansion Industries made its way to Cities: Skylines – Console Edition. Stellaris celebra­ted a three-year anniversary during the quarter and received two new Story Packs; Ancient Relics for PC players and Leviathans for console players.

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