Devolver Digital We’ve had a difficult but stable year. After a big loss of $92 million the year before, it saw it fall 86% to $12.6 million in 2023. Revenue, which fell 31% year-on-year to $92 million, was achieved by the publisher in the second half of the year.
Devolver attributes the low sales to the nature of the eleven games released, of which only three are called “big” – Terra Nile, Wizard with a pistol And Talos Principle 2. This also resulted in an unusually high share of revenue (83%) from older games such as Cult of the Lamb and Inscryption. The publisher rejected offers to include its publications in subscriptions due to undervaluation of brands.
The company spent a lot of money restructuring the Good Shepherd team and purchasing the studio. System era, which is behind the popular survival game Astroneer. She probably paid for it $24 million.
From last year, Devolver moved the games to this year Brave Squire, Anger Leg, Pepper mill And Stick it to Stickman. An atmospheric adventure game will also be released. Neva by Gris. A total of ten games should appear this year, and more than twenty more in 2025 and 2026. Devolver Digital expects financial growth this year.
Source :Indian TV