Sales record of Vivid Games.


The successful release of Knight Fight 2 will affect the results of the fourth quarter.

Sales record of Vivid Games.

More than 23.6 million PLN of sales revenues was generated by Vivid Games cumulatively until the end of October this year, it results from the preliminary financial results published by the company. It is over 160 percent more than in the same period last year. The profit of the developer and publisher from Bydgoszcz increased to 2.15 million PLN after 10 months.

Only in October, Vivid Games generated over 2.14 million PLN in sales revenues and 130 thou. net profit. Cumulatively, the sales of the company reached 23.6 million PLN, and the net profit exceeded 2.15 million PLN. For comparison, the forecast for 2020 assumed the development of 19 million PLN of revenues and 3 million PLN of net profit. - We are close to the forecast also on the net profit level. Whether it will be a level close to the expectations or slightly below depends to a large extent on the marketing campaigns Knights Fight 2 and Real Boxing 2. - says Remigiusz Kościelny, CEO of Vivid Games.

Let us recall that Vivid Games' strategic goal for the coming years is to expand the game portfolio by 2-3 high-quality mid-core games and a large number of casual games annually. Titles in both tiers will be produced in-house, outsourced to external producers or acquired through a publishing program. It is already known that next year three mobile titles will hit the market: mid-corp RPG "Amusing Heroes", as well as "The Cash" and "Right Swipes".

The key in the company's further development will be the search for new game concepts while focusing on the best titles in terms of increasing player satisfaction and engagement metrics, as well as monetization and increasing the reach (number of downloads) through marketing activities (called: user-acquisition), which in turn leads to will be to constantly increase sales revenues. - Problems seem to be a thing of the past. We started the sixth quarter in a row with positive financial results. This year will be the best ever in terms of sales. - sums up Kościelny.