CD Projekt had PLN 208.91 million net profit, PLN 232.9 million EBIT profit in 2021

CD Projekt recorded PLN 208.91 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to PLN 1,150.15 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 232.9 million versus PLN 1,157.08 million profit a year earlier.

Consolidated sales revenues amounted to PLN 888.17 million in 2021 compared to PLN 2,138.88 million a year earlier.

"The total sales revenues of the CD Projekt Red segment in 2021 amounted to PLN 701,739 thousand. PLN and was 63.0% lower than the value generated in 2020. The difference between the current and the previous year is the result of the premiere sale of the game 'Cyberpunk 2077', released in the fourth quarter of 2020. Compared to 2019, it is the last financial year before with the premiere of Cyberpunk, revenues from sales of CD Projekt Red in 2021 were higher by 332,407 thousand PLN, that is by 90% ”- we read in the management's report.

“Despite the payment of the highest dividend in our history in the amount of over PLN 500 million and the implementation of further works on the released and new games, at the end of last year, our financial reserves in the form of cash, deposits and treasury bonds increased by nearly PLN 280 million. In recent years, we have built a solid financial base that supports our independence and secures the possibility of further development of the group, ”said Piotr Nielubowicz, vice-president for financial affairs, quoted in the release.

On a standalone basis, the net profit in 2021 was PLN 240.11 million compared to PLN 1,128.06 million in profit a year earlier.

The CD Projekt group includes: CD Projekt RED - a developer of RPG video games and GOG - a global platform for digital game distribution. The publishing house's flagship game is the "The Witcher" series, currently work is underway on "Cyberpunk 2077". 

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