blotunga: On the other hand GOG is still in the red :(
Yeah...
Looks like GoG lost 1,905,000 PLN which is a little more than $490,000 at the current exchange rate.
This eliminates all the profit from the year so far with losses for the year of 1,262,000 PLN (~$325,000)
This compares to a 561,000 PLN (~$144,000) loss in the same quarter in 2018
and 1,739,000 PLN loss (~$450,000) for last year's first 3 quarters.
(Pages 26-30 of the Consolidated Financial Report)
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They have lost less overall than last year over this span where they managed to make a minor profit by year end.
They claim Q3 2019 was the most profitable 3rd quarter in their history in terms of taxable sales revenues from external suppliers. But sales volumes are down for GWENT and Thronebreaker in part because this quarter didn't have an expansion release.
Pre-orders not reportable in the 3rd quarter (mainly Cyberpunk 2077) increased by 4,032,000 PLN (~$1,000,000).
They seem to give two main reasons for the decrease in profit:
1) Depreciation of past development expenses for GWENT and Thronebreaker amounting to 1,447,000 PLN (~$372,000).
2) An increase in selling costs, saying most of the 1,111,000 PLN (~$285,000) is the result of GWENT in the form of maintenance, development costs and work on a mobile version. Don't we all have phones...
(Page 31 of the Consolidated Financial Report)