CI Games, the developer of Lords of the Fallen, has had its “best year” ever in terms of revenue, making over $60 million during fiscal 2023.
This revenue is a huge increase of 400 percent compared to the previous year. Lords of the Fallen, which sold around 1.3 million copies in less than three months, played a big part in this success.
During the 12 months, CI Games made a gross profit of about $6.48 million and a net profit of approximately $3.57 million. Their EBITDA (a measure of a company’s operating performance) was around $24 million.
Marek Tymiński, the CEO of CI Games Group, described the fiscal year 2023 as a time of strong progress due to the launch of Lords of the Fallen. This game, the most expensive in the company’s history, made up 83 percent of its sales revenue for the year.
However, it’s important to note that CI Games laid off 10 percent of its workforce in January, which affected employees at Lords of the Fallen studio Hexworks, Sniper Ghost Warrior developer Underdog, and the majority of the company’s marketing team.
Currently, CI Games employs over 180 people. Hexworks has 82 team members, and Underdog has 53.
Tymiński commented on the successful year, highlighting Lords of the Fallen‘s sales and their plans for future games in the series. He mentioned that CI Games is working on two new projects internally, codenamed Project Survive and Project 3, expected to be released in 2025 and 2026 respectively.