LogInAnd they didn't even release a single game.
Remedy managed to double its operating profit in 2020 in a record financial year and the biggest thing is that they didn't release any games. The company’s latest financial report for the 12 months ending December 31, 2020, states that full-year revenue increased by 30% reaching €41.1 million. Operating profit reached €13.2 compared to €6.5 million in 2019.
The main factor is the continued sales of Control. In 2020, Remedy launched the title on additional platforms including Steam, Xbox Game Pass, and cloud services, and also released Ultimate Edition with a next-gen upgrade for console players.
As for the team's plans, they have recently announced a deal with Epic Games’ new publishing label to develop an AAA game and a smaller scale project, for console and PC. They also teamed up with Smilegate to produce a single-player campaign for Xbox exclusive shooter, CrossfireX.
Don't forget to join our new Telegram channel, our Discord, follow us on Instagram and Twitter, where we are sharing breakdowns, latest news, awesome artworks, and more.