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[boskee]

CD Projekt's share price continues to soar after the company has published their financial results for the 1st half of the year. They were significantly better than the consensus, thanks to strong sales of The Witcher 3 and income generated by Gwents card packs.

The company is now valued at just over $3 billion. To put this in perspective, that's almost twice the value of Capcom ($1.6 billion), $800 million more than Gamestop ($2.22 billion), and around $800 less than Square Enix ($3.8 billion).

 

[MatrixMan.EXE]

"Can't stop won't stop" comes to mind.

 

[Enter The 36 Chambers]

Can someone explain why it's such a successful company?

Can't just be developing games right?

 

[@ShenmueGuru]

They deserve it too. Could have played it safe with more Witcher titles (outside of Gwent) so fair play for going in a new direction with Cyberpunk. I just hope it doesnt flop because it's "not The Witcher".

 

[DrKelpo]

Can someone explain why it's such a successful company?

Can't just be developing games right?

They're also behind the biggest drug ring in Eastern Europe.

 

[orochi91]

Can someone explain why it's such a successful company?

Can't just be developing games right?

I believe they own a digital store and make mobile games too.

 

[Isotropy]

Can someone explain why it's such a successful company?

Can't just be developing games right?

They also have a big online game sales presence don't they?

 

[Spinluck]

Holy hell.

 

[Blizzard]

They're also behind the biggest drug ring in Eastern Europe.

Since this is the internet I have to ask: Is this a joke? Or is there a source reference to read about it?

 

[ZombieFred]

Jesus, talk about going in the empire business and already passing Capcom and other fronts. Such smart moves and strong titles they have, among with their digital front GOG.

Kudos to you you rich mofos. Now go and keep hiring the best talent and tech out there. Pump it all into Cyberpunk 2077 and make the best open world RPG to date!

 

[liquidtmd]

The Witcher 3

Spoiler

Billion

 

[dex3108]

I wanted to buy some CDPR shares but I still don't know how even after I did some research.

 

[KonradLaw]

Great. I just hope goverment won't try to somehow take foothold inside the company.

 

[Alexander DeLarge]

I'm really glad they're such a successful company and they're able to bring attention to a DRM-free storefront. Competition is always great but a DRM-free alternative is superb, especially as the conversation behind things like Denuvo becomes increasingly negative with each release.

 

[Heckler456]

That's amazing. I really hope their success directly translates into bigger and better video games, instead of them going the way of Valve, and divesting themselves of videogames.

 

[Auctopus]

This is pre-Gwent as well. I'm assuming they'll have a financial boon from selling card packs (which seems very unlike CD Projekt RED to do but it's pretty integral to TCGs) once the full game releases.

 

[JustinBB7]

Let's hope they use that money to actually pay their staff if this video is to be believed:

https://www.youtube.com/watch?v=wBuoexbVEFE

Lots of core people leaving makes me worried about Cyberpunk. At least Gwent seems in a good spot right now.

This is pre-Gwent as well. I'm assuming they'll have a financial boon from selling card packs (which seems very unlike CD Projekt RED to do but it's pretty integral to TCGs) once the full game releases.

They already sell packs, I've bought plenty already lol.

 

[Exentryk]

They deserve every bit of it. The heart, soul and love they put in their games is paying dividends now.

I wanted to buy some CDPR shares but I still don't know how even after I did some research.

Lol, same.

 

[Coreda]

Since this is the internet I have to ask: Is this a joke? Or is there a source reference to read about it?

The infamous -iński's are no joke my friend

 

[shark sandwich]

Time for EA to buy them and suck the life out of them, then discard the empty husk.

 

[xuchu]

Let's hope they use that money to actually pay their staff if this video is to be believed:

https://www.youtube.com/watch?v=wBuoexbVEFE

Lots of core people leaving makes me worried about Cyberpunk. At least Gwent seems in a good spot right now.



They already sell packs, I've bought plenty already lol.

Yeah saw this yesterday and was disappointed. Very happy for CDprojectred but seems like they've grown way too quickly and middle management is very poor according to employees. Hope the programmers get treated better.

 

[_Ryo_]

"Never seen it cooooooming, you'll see they're too fast for eyes"

Anyway, great job, CD Projekt.

 

[kraspkibble]

great for them!

i need Cyberpunk 2077 but i am worried about how much i see them advertising for people to work on it. it won't be here for a long time yet it seems (no 2077 jokes pls they're not funny anymore)

 

[MUnited83]

I believe they own a digital store and make mobile games too.

They also have a big online game sales presence don't they?

IIRC GOG in general is a small portion of it. They have their financials available online.

 

[Barrel Cannon]

My brain can't wrap how they blew up so huge but I'm happy for them. Well deserved success

 

[UrbanRats]

Since this is the internet I have to ask: Is this a joke? Or is there a source reference to read about it?

I can stop playing Witcher 3 whenever i want!

--
The pressure for Cyberpunk 2077 to deliver, must be pretty fucking high, right now.

 

[MetalliCabombination]

Hire expensive combat designers pls

 

[Bricky]

Fantastic. Their rise both as a developer and as a business has been a wonderful thing to witness and they deserve all of the praise and money.

If they keep commiting to their good business practices and Cyberpunk lives up to its massive potential (considering the jumps in quality they have made previously) it will cement them as one of the greats in the industry. Dare I say a replacement of the Valve of yesteryear people so fondly remember, one that did not forget its real passion and ambition just because it noticed Heartstone is profitable.

Spoiler

I dread the day they live to see themselves become the villain already.

 

[Blade30]

CD Projekt's share price continues to soar after the company has published their financial results for the 1st half of the year. They were significantly better than the consensus, thanks to strong sales of The Witcher 3 and income generated by Gwents card packs.

The company is now valued at just over $3 billion. To put this in perspective, that's almost twice the value of Capcom ($1.6 billion), $800 million more than Gamestop ($2.22 billion), and around $800 less than Square Enix ($3.8 billion).

Who would have thought this would happen? This is unbelievable (and that Capcom sunk so low) but congratz to CD Projekt for the success.

 

[Randomizer123454444]

GZ to CD Projekt!

I hope they can keep their soul intact as they grow up.

 

[sublimit]

I can stop playing Witcher 3 whenever i want!

--
The pressure for Cyberpunk 2077 to deliver, must be pretty fucking high, right now.

Yup.I don't think any other company in this industry has as much pressure as them right now.It must be very exciting and also very scary at the same time.

 

[Fluloco]

Can they be what Valve didn't want to be? An amazing developer supported by millions and millions of dollars coming in from their storefront?

Cyberpunk 2077 is going to be incredible, I just know it

 

[KonradLaw]

That's amazing. I really hope their success directly translates into bigger and better video games, instead of them going the way of Valve, and divesting themselves of videogames.

They actually sold their publishing buisinesses recently, so yeah, they're in it to make games

 

[boskee]

They actually sold their publishing buisinesses recently, so yeah, they're in it to make games

That was 3 years ago GOG recently published few games, so they'd certainly like to emulate Valve's business model to some extent.

 

[Falchion]

That's incredible, I want to see Cyberpunk with all those resources brought to bear.

 

[Triggerhappytel]

IIRC GOG in general is a small portion of it. They have their financials available online.

As I recall their profits from GOG last year was something comparatively small like $20 million odd. So while it's a boon, it's not close to being their main profit driver.

 

[Stiler]

They actually sold their publishing buisinesses recently, so yeah, they're in it to make games

Where did you hear this?

As far as I know Cd Projekt (the parent company) still runs both GoG and then Cd Projekt Red, which is the development side, still makes games like Witcher/Gwent/Cyberpunk..

 

[Dictator93]

 

[boskee]

Where did you hear this?

As far as I know Cd Projekt (the parent company) still runs both GoG and then Cd Projekt Red, which is the development side, still makes games like Witcher/Gwent/Cyberpunk..

He's talking about CD Projekt blue or cdp.pl - their distribution business that was once the biggest game distributor in CEE.