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Wednesday, November 1, 2023

CIG Sees $14.7 Million In Sales For October 2023

The Cloud Imperium Games marketing machine was running on all cylinders last month. In October, Cloud Imperium Games, makers of Star Citizen and Squadron 42, earned $14.7 million in sales according to the CCU Game - Star Citizen dashboard. The total was $6.8 million, or 87.5%, more than the sales recorded in October 2022. Overall, CIG's sales total for 2023 so far is $80.7 million, a 2.1% decrease from the first ten months of 2022's total of $82.4 million.

Overall, CIG has raised $702.6 million from confirmed sources (the funding page & the 2021 financial report). The income breaks down as follows:

  • Sales/Pledges: $620.6 million (through 31 October 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 confirmed funding of the project up to $765.8 million. Of the total through the end of 2021, $1.4 million was paid out to investors as dividends.

Sales began to pick up the week before CitizenCon as CIG held a rather controversial event involving the F8 Lightning. Apparently players were able to purchase the fighter, which up until now had been a perk for those who had spent thousands of dollars to reach Concierge level.

CitizenCon really drove sales, however. The two-day event featured the debut of server meshing for Star Citizen on day 1 and the announcement Squadron 42 was feature complete on day 2.  While a marketing speak way of announcing the single player game was in an alpha state after 11 years of pre-alpha work, the announcement did spark excitement. Overall, in the final 11 days of October, the funding page recorded $8.1 million in sales.

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