Creepy Jar summarises the third quarter of 2024

In the third quarter of 2024, Creepy Jar generated PLN 7.9 million in sales revenues, PLN 3.6 million in EBITDA and PLN 3.5 million in net profit. The studio is fully focused on the production of its second, original IP, called StarRupture.

In the third quarter of 2024, the Company achieved net revenues from the sale of Green Hell in the amount of PLN 7.9 million compared to PLN 9.1 million y/y. The decrease in sales revenues by 13% y/y is primarily due to the natural aging cycle of the product. Gross sales by volume in the third quarter of 2024 on the PC/Steam, PlayStation Store and Microsoft Store platforms (versions of the
game to which the Company holds publishing rights) amounted to 497.5 thousand copies, with 56.5 thousand copies on PlayStation and Xbox consoles.

 

The net profit in the third quarter of 2024 was PLN 3.5 million (a decrease by 44% y/y), while the net margin was 45% (a decrease by 24 p.p. y/y). The decrease in profitability is mainly related to achieving lower sales revenues.
Green Hell debuted on PlayStation 5 and Xbox Series X|S on 14 August 2024.

 

The game included expansion packs available so far only on PC – Storage&Transportation, #18 Fortifications and #19 Flamekeeper. For owners of Green Hell in the version for previous generation of consoles the studio has prepared a free upgrade. At the beginning of September 2024, #21 Decorations was released on PC/Steam, which significantly expands existing and adds new possibilities for decorating the built base. This was the last update to expand the content of Green Hell, but the production will continue to be supported technically by the studio.

 

In August 2024, it has been 6 years since the premiere of Green Hell in Early Access on Steam. The total net revenues of Creepy Jar S.A. from this IP to date from the beginning of sales to the end of July 2024 amounted to PLN 205 million, with total expenditure on the production and development of the title amounting to approx. PLN 20.5 million (in the period from the beginning of production to 31 July 2024).

 

The company continues its production work on StarRupture. At the end of August 2024, the Company released for the first time the StarRupture gameplay teaser presenting one of the main pillars of the game – fighting opponents while defending the base. At present, the team is preparing a trailer that will show all the most important pillars of the game. The Company's Management Board, after having internally analysed the quality of the project and its readiness for release, as well as the time required for marketing activities, decided to prolong the work on the early access version until at least mid-2025.

 

The StarRupture’s estimated production budget is PLN 35 million. The total value of expenditures incurred on the production of the game as at 30 September 2024 amounted to PLN 23.5 million.

Facebook
Twitter