In June, Cloud Imperium Games, makers of Star Citizen and Squadron 42, earned $6.8 million in sales according to a fan-created website that tracks sales. The total was a 34.1% year-over-year decrease in sales compared to June 2022's $10.3 million in sales.
For the second quarter of 2023, CIG posted sales of $32.8 million, a 15.4% decrease from 2022's total of $38.7 million. The sales total for the first half of the year, $53.7 million, is down $5 million from the same period of 2022. And for the 12 months running from July 2022 to June 2023, CIG recorded sales of $102.9 million.
Overall, CIG has raised $675.4 million from confirmed sources (the funding page & the 2021 financial report). The income breaks down as follows:
- Sales/Pledges: $593.4 million (through 30 June 2023)
- Subscriptions: $27.8 million (through 31 December 2021)
- All other sources: $54.2 million (through 31 December 2021)
In addition, CIG received $63.25 million in investor funding in 2018 and 2019, bringing the total funding of the project up to $738.6 million.
While a game company posting $53.7 million in sales without a released game would otherwise mark a successful 6 month period, CIG is not just any company. But anyone who thinks the walls are finally closing in on Chris Roberts should think again. In 2021, the company recorded a $6.2 million year-over-year decline in sales before recording a $38.8 million fourth quarter to finish the year up 9.6% over 2020.
Will CIG manage to record a $45-$50 million fourth quarter? Anything is possible, especially since most Star Citizen content creators expect some sort of big announcement at CitizenCon in October. I just can't help but wonder if CIG will experience cash-flow problems in the meantime.
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