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Madword on 22 March 2018
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jason1637 said:
Madword said:

Do you know why they are profitable though? Due to assets and recharges (providing services to other MS studios), they are not profitable due to games as far as I can see.

Their Kinect games sold over 10m iirc and rare replay and viva pinata were modest success. 

Kinect was years ago. Sea of Thieves is actually the first game in a long time. I suspect that will show up in profits from June 2018.

"Going concern"

The company generates income predominantly from recharges made to other MS group companies. Therefore the future profitability of the company is dependent on the company and grounds ability to continue to develop video games software and market these successfully.

The company is showing strong net current asset and net asset positions.

They go on about how they have a letter of support from MS to guarantee the solvency of the company and have sufficient financing for 12 months from the date of signing.



Making an indie game : Dead of Day!