Remedy lost 4.3 million euros in fiscal 2024, and there is another unannounced new work

2025-02-12 23:25:54|Myriagame |source：minecraft skins

Today, Remedy released its financial report for the 2024 fiscal year last year. The financial report confirmed that "Spirit Killer 2" sales exceeded 2 million sets. CEO Virtala revealed that the work has recovered the development and publicity costs and started to earn royalties at the end of last quarter last year (it started to make profits.).

Virtala said they continued to support the game after the release of "Mind Killer 2", launching two expansion packs - "Night Springs" and "Lake House", PS5 Pro update, RTX Mega Geometry update, and of course "The physical version of Mind Killer 2, all of which helped drive the sales of this horror game, especially during the recent Christmas holidays.

Remedy's revenue grew by 49.3% in 2024 to 50 million euros. Although its operating profit also increased compared to the previous fiscal year, it was still a loss (4.3 million euros).However, Remedy maintains hope for fiscal year 2025, which the company believes 2025 will mark a new era of sustained and stable growth of the company.

The Finnish developer also sets an ambitious plan to double revenue by 2027 as of fiscal 2024, while maintaining a 30% EBITDA (earnings before interest, tax, depreciation and amortization) margin.

After the release of "Mind Killer 2", Remedy is working hard to develop multiple works:

"FBC: Firebreak" will be released in 2025

"Control 2", just entered full development

"Max Payne 1&2 Remake" is "steadily advancing"

It is worth mentioning that Remedy also showed an unannounced game (New Project) in the official PPT. Remedy has not shared any news yet and should be in the early stages of development.

600,000 sets sold in 2024 "Control 1"

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