In the first half of 2022 CD PROJEKT focused on expanding and supporting its key products. The Company is also laying the groundwork for future development projects. The Studio has unveiled a trailer of the upcoming Cyberpunk expansion and revealed its title: Phantom Liberty. The Cyberpunk: EDGERUNNERS anime series is scheduled to launch on 13 September.
The first six months of 2022 were a busy period for CD PROJEKT, both businesswise and in terms of operations. The release of the next-gen edition of Cyberpunk brought a wave of positive feedback from gamers, and was followed by satisfactory sales figures, especially for the console version. The core development team continued with its intensive work on further updates, as well as on the storyline expansion titled Phantom Liberty. Its release, scheduled for 2023, marks an important milestone in the process of building a strong brand and supporting long-tail sales of Cyberpunk 2077.
A highlight of the first half of the year, affecting the Company’s future releases, was the conclusion of a strategic partnership agreement with Epic Games. Under the agreement, future CD PROJEKT RED games will be developed with Unreal Engine, enabling more efficient creation of virtual worlds, and making it easier for the Company to attract new talent. The Studio announced that the new engine would power its previously announced game which begins the new Witcher saga.
– We are revisiting a world which is an integral part of CD PROJEKT’s history. Thus, as announced last year, CD PROJEKT RED has begun parallel work on two AAA projects – remarks Adam Kiciński, CEO of the CD PROJEKT Group.
The CD PROJEKT Group posted 378 million PLN in H1 revenues. Its consolidated net profit for this period reached 114 million PLN, which is 8% more than the year before.
Cyberpunk: EDGERUNNERS, a 10-part anime series co-produced by the Studio, is set to launch on Netflix on 13 September. In the fourth quarter of 2022 the Company also plans to release an updated edition of The Witcher 3, taking advantage of the capabilities of next-generation consoles.
The full financial statement of the CD PROJEKT Group can be found at https://www.cdprojekt.com/en/investors/result-center/.