Friday, December 1, 2023

Cloud Imperium Games Posts Record Sales Of $28.4 Million In November 2023

Cloud Imperium Games recorded a record amount in sales in November 2023. Last month the makers of Star Citizen and Squadron 42 set a single-month sales record of $28.4 million in sales according to the CCU Game - Star Citizen dashboard. The total surpassed the year-over-year sales compared to November 2022 by $5.3 million, or 23.2%. Overall, CIG's sales total for 2023 so far is $109.1 million, a 3.4% increase from the first eleven months of 2022's total of $105.5 million.

Overall, CIG has raised $731.0 million from confirmed sources (the funding page & the 2021 financial report). The income breaks down as follows:

  • Sales/Pledges: $649.0 million (through 30 November 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 $794.2 million. Of the total through the end of 2021, $1.4 million was paid out to investors as dividends.

With the monster sales powered by the Intergalactic Aerospace Expo in the final 2 weeks of the month, CIG will most assuredly surpass 2022's sales figure of $113.6 million. If the company matches the December sales of 2019, the possibility exists of reaching $120 million in sales for 2023. 

Next month is a big month for those watching Cloud Imperium's finances. The company will publish its financial report for 2022, giving observers a look at spending and income other than the sale of virtual goods. The amount displayed on the funding tracker does not cover the day-to-day operations so the report will show exactly how healthy CIG's financial situation truly is. 

No comments:

Post a Comment