Devolver Digital he published his financial statement for the year 2023, showing declining revenues, but also a recovery in the second half of the year, which produced profits. There is also talk of many games arriving in the coming months and years, all naturally coming from the indie world.
Overall, revenues were $92 million (-31% year over year), with operating losses of $12.6 million. However, in the second half of the year there was a strong recovery compared to the first six previous months, with all the launches of the fourth quarterlike The Talos Principle 2, which did well.
Devolver is on the upswing
Five of the games launched by Devolver have had a mediacritic rating of 80+, a sign of the excellent quality of the publisher's games. Some games have been postponed until next year to ensure they are of the highest quality possible for players.
Revenues from catalog titles they grew by 25%. Demand for Cult of the Lamb and Inscryption in particular has been high.
What penalized Devolver was the end of some agreements related to subscription serviceswhich have reduced opportunities to monetize on games.
In 2024 Devolver will launch a total of ten games, while in the period 2024-2026 it will launch more than 30 games. Human Fall Flat 2 has been delayed to 2025. The first installment sold more than 50 million units.
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