The Witcher 3 still sells great - CD Projekt turns a profit for the last six months

Although Geralt’s story came to an end more than a year ago, CD Projekt is still making a lot of money from the sales of The Witcher 3: Wild Hunt and its two add-ons: Hearts of Stone and Blood and Wine (all included in the Game of the Year Edition). According to the Polish company’s most recent financial raport, CD Projekt had an income of about $72 million (PLN 254.8 million) in the first half of 2017, which translated to net profit of $33.5 million (PLN 118.6 million). The lion’s share of that money comes from the sales of The Witcher 3 and its expansions and some of it is credited to Gwent: The Witcher Card Game.

Geralt’s adventures are still very profitable for CD Projekt.

CD Projekt also runs the online store GOG.com, which generated a profit of $3.5 million (PLN 12.5 million) in the first six months of 2017. The store’s catalogue of games has been expanding steadily and now contains over 2100 titles.

Of course, in year-over-year evaluation CD Projekt’s financial result wasn’t as high this time as it was in 2016 – when it was $38 million (PLN 134.5 million) – but that is mainly due to the release of the Blood and Wine expansion in May 2016. CD Projekt’s solid financial standing translated to the company’s market value, which is now over $2.25 billion – this is also the most valuable Polish company related to video games.

Apart from the free-to-play Gwent, which is now in open beta, CD Projekt is preparing another big RPG: Cyberpunk 2077. Interestingly, according to the aforementioned raport, the company’s game production cycle usually lasts about 2-4 years, which means that Cyberpunk 2077 is likely to launch in 2019 or earlier.