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Tuesday, August 1, 2023

Cloud Imperium Games Records $4.4 Million In Sales In July 2023

In July, Cloud Imperium Games, makers of Star Citizen and Squadron 42, earned $4.4 million in sales according to a API used by a fan-created website that tracks sales. The total was a 26.4% year-over-year decrease in sales compared to July 2022's $5.9 million in sales. So far in 2023, CIG has recorded $58 million in sales, a 10.2% decline compared to the first seven months of 2022's $64.7 million.

Overall, CIG has raised $679.9 million from confirmed sources (the funding page & the 2021 financial report). The income breaks down as follows:

  • Sales/Pledges: $597.9 million (through 31 July 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 $743.2 million.

The big financial news from was the purchase of Turbulent in mid-July. The Montreal-based company has a long history with Cloud Imperium Games and has performed everything from web-based services at the beginning of CIG's history to in-game development today.

In other news, patch 3.20 is in Evocati testing. At one point last year information coming out of the company indicated that patch 4.0 and server meshing would occur and eliminate the possibility of deploying a patch 3.20. At this point, talk exists of a patch 3.21. Whether the delay in the implementation of server meshing is affecting CIG's revenue is speculation.

And finally, Squadron 42 is still no longer for sale on the cash shop. At this point one has to wonder just how much money did Squadron 42 sales contribute to CIG's income stream.

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