Banishers: Ghosts of New Eden and Misplaced Information: Bloom & Rage developer Do not Nod has launched its monetary assertion for the 2024-25 fiscal yr, and issues are wanting slightly gloomy for the French studio.
The assertion reveals that revenues are down considerably; working revenues fell by 25% to €23.9 million, as in comparison with 2023’s €32.1 million determine. CEO Oskar Guilbert says this yr’s efficiency displays video games that “fell in need of our expectations” regardless of “a really constructive crucial reception”.
Regardless of the income drop, Do not Nod says gross sales had been up 14% on final yr, largely pushed by the studio’s again catalog, in addition to 2023’s Jusant and early 2024’s Banishers: Ghosts of New Eden (though each video games underperformed by the studio’s requirements).
In keeping with Do not Nod, future gross sales for Jusant and Banishers are “not anticipated to generate enough revenues to cowl the complete growth prices”, which primarily means each video games have made a loss.
Moreover, the “non permanent suspension” of the as-yet unannounced initiatives P12 and P13, in addition to the complete cancellation of initiatives P10 and P14 (these are all inner codenames, in fact), led to additional losses for Do not Nod.
With all of this stated, you could be questioning how the studio’s most up-to-date launch, Misplaced Information: Bloom & Rage, is performing. Do not Nod does not present gross sales figures for the sport, but it surely does say gross sales are “consistent with forecasts in an more and more selective market”.
The studio additionally factors to the “crucial acclaim” for Misplaced Information, which is mirrored by the sport’s Metacritic common and Steam evaluate rating. Our personal Tyler was moderately impressed by Misplaced Information as properly.
By way of Do not Nod’s future, the one main challenge on the studio’s slate proper now could be The Lonesome Guild, a publishing effort that is being developed by Italian outfit Tiny Bull Studios. That is scheduled for launch in late 2025.
You possibly can take a look at Do not Nod’s full monetary assertion right here if you wish to see all of the numbers.
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