Paradox Financials [Feb 10, 2025, 9:25 pm ET] – Post a Comment
The
Paradox Interactive Year-end report January – December 2024 is here with the
company's latest financial reporting (thanks
Game Developer). It states revenues were down, but profits were up, and word
is: "Revenues in the quarter are mainly attributable to Cities: Skylines,
Cities: Skylines II, Crusader Kings III, Hearts of Iron IV and Stellaris."
Perhaps most interesting is the statement from Fredrik Wester, CEO of Paradox
Interactive, who doesn't want us getting caught up in the whole quarterly
results hype cycle:
We close the year with a period of high revenue and good margins, supported by strong releases, successful marketing activities and a currency tailwind. While we are proud of the quarter's results and our financial position, we should not overly focus on any one period. There is a lot of variation between quarters, depending on what and how much we have released as well as which marketing activities we have carried out. This makes the persistent work over time most important, especially as the successes of any given quarter are driven by efforts that have been ongoing for a longer period.
Current Headlines:
- Epic Games Spring Sale
- F1 25 Announced
- Spilled! Spills Forth
- Game of Thrones: Kingsroad Early Access
- GeoGuessr Steam Edition
- More Game Releases
- Demos and Freebies
- Release Dates
- Announcement Announcements
- Rumor Mill
- Quoteworthy
- On Sale
- Business and Finance
- Issues and Activism
- Game Crossovers
- Evening Patches
- Subscriptions, Clouds, and Streams
- Evening Multiplex
- Evening Interviews
- Evening Previews
Copyright © 1996-2025 Stephen Heaslip. All rights reserved.
All trademarks are properties of their respective owners.
Privacy Policy. Manage Cookie Settings.
News CGI copyright © 1999-2025 James "furn" Furness & Blue's News. All rights reserved.
Chatbear v1.5.0/blue++: Page generated 27 March 2025, 05:51.