Xbox Empire

[crissindahouse]

shikamaru317 said:

crissindahouse said:

GOG is pretty "small". The whole revenue of CDP was only 85 million euros in 2018 and 110 million in 2017. GOG had a revenue of around 30 million euros in 2018 and made pretty much nothing in profits. This will obviously change with the release of Cyber Punk but yeah... not sure where you get from that GOG is such a huge money printer. 

CDP is worth a lot for how small the company is compared to other developers worth the same or even less. 

Their financial statement for 2018:

https://www.cdprojekt.com/en/wp-content/uploads-en/2019/03/consolidated-financial-statement-of-cd-projekt-capital-group-in-2018-1.pdf

(much of it only in Zloty but some key numbers are also in euro)

If GOG is that sure I'm really baffled by how valuable their shares are. That $7.2b market cap is massive considering their last big release was nearly 5 years ago. Supposedly Gwent and Thronebreaker both performed under expectations for CD Projekt, and they are cancelling support for Gwent on consoles because it is just too expensive to keep it running for the low amount of players on console. Could the promise of Cyberpunk alone really be keeping CD Projekt's value at roughly double that of Capcom, Sega, and Koei Tecmo? 

Well, might be like with Tesla. Tesla is also just a fraction of what the big car manufacturers are. Especially if it comes to profits (which are still rare and not even close to what Tesla lost already) but they are still worth more than BMW, Ford, General Motors and almost even more than Volkswagen (which they might overtake in some weeks/months)

Volkswagen is the biggest car manufacturer right now and has profits almost as high as Tesla's revenue is. 

It's just the dream/expectation that it might be something huge in years. Sure, it can happen but it's not for certain that Tesla will ever be as big as some other car manufacturers. 

CDP's future looks bright right now. That's probably already a huge part of their worth.