Cd Projekt S.a. · GPW:CDR
Cd Projekt — Q3 2023 Earnings Presentation
19 slides from Cd Projekt's earnings presentation, Nov 28, 2023
Slide 1: CD PROJEKT Group Q3 2023 Earnings
CD PROJEKT GROUP Q3 2023 Earnings 28 NOVEMBER 2023 Adam Kiciński | C H I E F E X E C U T I V E O F F I C E R , M E M B E R O F T H E B O A R D Piotr Nielubowicz | C H I E F F I N A N C I A L O F F I C E R , M E M B E R O F T H E B O A R D Michał Nowakowski | C H I E F C O M M E R C I A L O F F I C E
Slide 2: 4.3M copies sold
4.3M COPIES SOLD since the launch of the game 20% ATTACHMENT R A T I O* *Estimate 2
Slide 3: Very Positive reviews
VERY “ POSITIVE 92% reviews from last 30 days are positive ” 3
Slide 4: Very Positive reviews
VERY “ POSITIVE 92% reviews from last 30 days are positive ” 4
Slide 5: Best Game expansion trailer
BEST GAME BEST GAME EXPANSION TRAILER 5
Slide 6: Nominations
NOMINATIONS Best Best Performance Players' Idris Elba as Solomon Reed Narrative Voice Best Ongoing Best Community Support 6
Slide 7: Ultimate Edition 5 December
ULTIMATE Lesiticn | 5"DECEMBER
Slide 8: Development teams engaged in ongoing projects
Development teams engaged in ongoing projects *At the end of July 2023, “The Witcher: Monster Slayer (SPOKKO)” & “W3 next-gen version” were included in “Other projects” due to small number of devs in its own categories (<10) 8
Slide 9: Financial Results
Financial Results OF THE CD PROJEKT GROUP 9
Slide 10: CD PROJEKT Group — Profit and loss account
CD PROJEKT GROUP — Profit and loss account CD PROJEKT GROUP RED GOG Q3 2023 vs. Q3 2023 vs. Q3 2022 Q3 2023 Q3 2023 Q3 2023 eliminations Q3 2022 [PLN] Q3 2022 [%] Sales revenue 245 514 442 682 382 042 83 700 -23 060 197 168 80% Sales of products 203 189 390 534 380 646 0 9 888 187 345 92% Sales of se
Slide 11: Depreciation scheme of Cyberpunk projects
CD PROJEKT RED Depreciation scheme of Cyberpunk projects Expenditures on development of Cyberpunk 2077 base game that have not yet been depreciated 178m PLN ……(including edition for newest-gen consoles) Expenditures on development of Phantom Liberty 273m PLN The value of expenditures on development
Slide 12: Revenues, profit vs. costs and expenses
CD PROJEKT GROUP Revenues, profit vs. costs and expenses 12 All figures in PLN thousands
Slide 13: CD PROJEKT Group – assets
CD PROJEKT GROUP – assets Assets 30.06.2023 30.09.2023 change change % Non-current assets 1 300 586 1 274 924 -25 662 -2% Expenditure on development projects 600 099 575 418 -24 681 -4% – New development during Q3 2023 70 903 – Depreciation during Q3 2023 -94 026 Other financial assets * 242 203 254
Slide 14: CD PROJEKT Group – equity and liabilities
CD PROJEKT GROUP – equity and liabilities Equity and liabilities 30.06.2023 30.09.2023 change change % Equity 2 030 808 2 208 144 177 336 9% Liabilities 153 699 204 587 50 888 33% Liabilities 89 814 117 551 27 737 31% Deferred income 28 364 15 176 -13 188 -46% Provisions 35 521 71 860 36 339 102% –
Slide 15: Product research, development & service costs
CD PROJEKT RED Product research, development & service costs 15 All figures in PLN thousands
Slide 16: Changes in cash, deposits & T-bonds
CD PROJEKT GROUP Changes in cash, deposits & T-bonds 97 206 -64 831 60 080 -198 161 202 864 -13 163 1 014 652 Total increase of cash, deposits and T-bonds during Q3 2023: 83 995 930 657 16 All figures in PLN thousands
Slide 17: "
CD PROJEKT" 7
Slide 18: Thank you
Thank you [email protected] [email protected] 18
Slide 19: Legal Disclaimer
Legal Disclaimer This presentation was created by CD PROJEKT S.A. (“CD PROJEKT”). Data contained in this presentation is valid as of the day of its preparation. Consequently, this presentation will not be subject to changes, updates or modifications to account for events which might occur after this