Remedy Financials Reveal Unannounced Game

A financial statements release from Remedy covering their 2019 full year results is now online. They say their growth strategy is bearing fruit, saying full-year 2019 revenue is up 57%, and that Control "launched to great critical acclaim." They report revenue of 31.6 million euros, which is up 57%, and operating profits of 6.5 million euros. They also say they are working on three projects: Vanguard, a collaboration on a second Crossfire project, and an unannounced game. Word is:
Remedy has continued work on the second Crossfire project in good collaboration with Smilegate, the game’s owner and publisher. Smilegate announced at the E3 2019 conference that they are teaming up with Microsoft on CrossfireX, which will be the first Crossfire title ever to be released on a console platform. The game will include Remedy’s single player campaign when it launches on Xbox One in 2020. Remedy was included in the Crossfire presentation at X019, a major Xbox consumer event held in London in November.

Our third, as yet unannounced game project is proceeding well. The team working on our fourth project, Vanguard, has reached the stage of having the first internally playable development version of the game. The goal of Vanguard is to create a game that combines long-term service-based multiplayer experiences with some of Remedy’s unique game features. Both projects are preparing for pre-production. Overall, we have continued to systematically develop Remedy’s production competences, processes and ways of working. A special focus has been on extending our capabilities of distributed development, including wider external development projects, co-developments with partners and outsourcing specific parts of the project.