DUST Search - CCP Games' Consolidated Financial Statements for the year 2013

Syeven Reed wrote:

Iron Wolf Saber wrote:

SgtDoughnut wrote:

Sete Clifton wrote:

They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices.

So yeah, take that for what you will. I'm guessing getting Dust up and running was a factor in the higher operating cost.

From what I can see this is a good thing, yes they are down on profits for one year but they have 2 projects in the running that both got started during that financial staement. Dust went into release state and valkerie became so popular it went from proof of concept to full blown game. The fact they are willing to invest at all shows that they are confidant in their earning potentials.

+2 more titles yet to to be concepted fully.

And a possible TV Concept!

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Maken Tosch DUST University Ivy League 7400	Posted - 2014.03.16 23:34:00 - [1] - Quote Source: http://www.ccpgames.com/en/company/corporateinformation/financial-information As of December 2013 For those of you here are happen to be real-life savvy accountants and auditors, what do you think? Dedicated Scout // Ninja Knifer Everything I know about the Caldari I learned at Nouvelle Rouvenor
Sete Clifton PSU GHOST SYNDICATE DARKSTAR ARMY 339	Posted - 2014.03.16 23:43:00 - [2] - Quote They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices. So yeah, take that for what you will.
Aikuchi Tomaru Subdreddit Test Alliance Please Ignore 2008	Posted - 2014.03.16 23:50:00 - [3] - Quote Dust makes about as much money as it costs. So well: Sorry to break it to the haters, but it seems like Dust isn't dying. Sign up for Caldari FW and defeat the evil Gallente Overlords!
Pvt Numnutz R 0 N 1 N 965	Posted - 2014.03.16 23:51:00 - [4] - Quote Cool
Arkena Wyrnspire Fatal Absolution 11203	Posted - 2014.03.16 23:51:00 - [5] - Quote Aikuchi Tomaru wrote: Dust makes about as much money as it costs. So well: Sorry to break it to the haters, but it seems like Dust isn't dying. wtf no impossible You have long since made your choice. What you make now is a mistake.
SgtDoughnut DUST University Ivy League 496	Posted - 2014.03.16 23:53:00 - [6] - Quote Sete Clifton wrote: They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices. So yeah, take that for what you will. I'm guessing getting Dust up and running was a factor in the higher operating cost. From what I can see this is a good thing, yes they are down on profits for one year but they have 2 projects in the running that both got started during that financial staement. Dust went into release state and valkerie became so popular it went from proof of concept to full blown game. The fact they are willing to invest at all shows that they are confidant in their earning potentials.
Iron Wolf Saber Den of Swords 13419	Posted - 2014.03.16 23:56:00 - [7] - Quote SgtDoughnut wrote: Sete Clifton wrote: They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices. So yeah, take that for what you will. I'm guessing getting Dust up and running was a factor in the higher operating cost. From what I can see this is a good thing, yes they are down on profits for one year but they have 2 projects in the running that both got started during that financial staement. Dust went into release state and valkerie became so popular it went from proof of concept to full blown game. The fact they are willing to invest at all shows that they are confidant in their earning potentials. +2 more titles yet to to be concepted fully. CPM 0 Secretary Omni-Soldier, Forum Warrior, Annoying Artist \\= Advanced Caldari Assault // Unlocked
Necandi Brasil DUST BRASIL S.A Proficiency V. 814	Posted - 2014.03.17 00:00:00 - [8] - Quote Losses are always bad, but how bad is operating with 21 million debt ? DUST BRASIL S.A (DBSA) *DIRECTOR* We have ringers available (Contact: Sadashi or Necandi Brasil)
Syeven Reed RETR0 PR0 GAMERS 467	Posted - 2014.03.17 00:02:00 - [9] - Quote Iron Wolf Saber wrote: SgtDoughnut wrote: Sete Clifton wrote: They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices. So yeah, take that for what you will. I'm guessing getting Dust up and running was a factor in the higher operating cost. From what I can see this is a good thing, yes they are down on profits for one year but they have 2 projects in the running that both got started during that financial staement. Dust went into release state and valkerie became so popular it went from proof of concept to full blown game. The fact they are willing to invest at all shows that they are confidant in their earning potentials. +2 more titles yet to to be concepted fully. And a possible TV Concept! Gÿé Syeven 514 Application for CPM1
Iron Wolf Saber Den of Swords 13420	Posted - 2014.03.17 00:03:00 - [10] - Quote Syeven Reed wrote: Iron Wolf Saber wrote: SgtDoughnut wrote: Sete Clifton wrote: They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices. So yeah, take that for what you will. I'm guessing getting Dust up and running was a factor in the higher operating cost. From what I can see this is a good thing, yes they are down on profits for one year but they have 2 projects in the running that both got started during that financial staement. Dust went into release state and valkerie became so popular it went from proof of concept to full blown game. The fact they are willing to invest at all shows that they are confidant in their earning potentials. +2 more titles yet to to be concepted fully. And a possible TV Concept! TV concept likely to not take funding from the studio itself but the tv studio in question. CPM 0 Secretary Omni-Soldier, Forum Warrior, Annoying Artist \\= Advanced Caldari Assault // Unlocked

Sete Clifton PSU GHOST SYNDICATE DARKSTAR ARMY 340	Posted - 2014.03.17 00:05:00 - [11] - Quote Iron Wolf Saber wrote: SgtDoughnut wrote: Sete Clifton wrote: They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices. So yeah, take that for what you will. I'm guessing getting Dust up and running was a factor in the higher operating cost. From what I can see this is a good thing, yes they are down on profits for one year but they have 2 projects in the running that both got started during that financial staement. Dust went into release state and valkerie became so popular it went from proof of concept to full blown game. The fact they are willing to invest at all shows that they are confidant in their earning potentials. +2 more titles yet to to be concepted fully. Yeah, I just want to clarify that I'm not necessarily saying that it's a bad thing. Most products/businesses have to spend and take losses to make money in the long run. Good or bad, this financial statement isn't really capable of giving the whole picture, though (at least not to someone like me).
Reav Hannari Red Rock Outriders 3246	Posted - 2014.03.17 00:21:00 - [12] - Quote Income was up 11 mil with generally consistent operating expenses. It looks like they are taking a risk by rapidly developing Valkyrie and possibly putting more into their other projects to expand their business. If this works out next years R&D should drop to something more reasonable to be replaced with higher income. I wish them luck. Adapt or Die // Republic Lance Commander // @ReesNoturana
TechMechMeds SWAMPERIUM 2860	Posted - 2014.03.17 00:27:00 - [13] - Quote Juicy. Level 2 forum warrior. Dust on the ps4 asap please Weed and bjs are my spinach
Rogue Saint Science For Death 1021	Posted - 2014.03.17 01:09:00 - [14] - Quote Necandi Brasil wrote: Losses are always bad lol, not true, less profit = less tax. It's how all businesses deal with their tax burden! GôêGÆ+GÆ+GÆ¦ - Causes headaches, it's official +1 for Infantry Skills Refund in 1.8 or I win DUST514
Disturbingly Bored Forum Warfare 2044	Posted - 2014.03.17 01:17:00 - [15] - Quote Rogue Saint wrote: Necandi Brasil wrote: Losses are always bad lol, not true, less profit = less tax. It's how all businesses deal with their tax burden! Indeed. Amazon.com shifts investments and development projects around like crazy, and in 20+ years they've technically never made a "profit." It's all about them taxes. I used to own the FAT GAT until this --> [ASCII Art removed - *draconian forum overlord* CCP Logibro]
Michael Arck Onuoto Uakan Huogaatsu Lokun Listamenn 3528	Posted - 2014.03.17 01:26:00 - [16] - Quote TechMechMeds wrote: Juicy. Beefy Hnolai ki tuul, ti sei oni a tiu. Are you OUKH?
Maken Tosch DUST University Ivy League 7408	Posted - 2014.03.17 01:29:00 - [17] - Quote Disturbingly Bored wrote: Rogue Saint wrote: Necandi Brasil wrote: Losses are always bad lol, not true, less profit = less tax. It's how all businesses deal with their tax burden! Indeed. Amazon.com shifts investments and development projects around like crazy, and in 20+ years they've technically never made a "profit." It's all about them taxes. Amazon.com launched in 1995 when there were only 230,000 sites available on the web. They never made a profit until 2001. Dedicated Scout // Ninja Knifer Everything I know about the Caldari I learned at Nouvelle Rouvenor
Fraceska Sinq Laison Gendarmes Gallente Federation 568	Posted - 2014.03.17 01:49:00 - [18] - Quote Maybe we can get people to finally stop the posts about Eve/Dust dying already? It shows that they believe their products will succeed by investing so much now for a (potential) future reward in higher profits. A bit risky by that's how you succeed in business. All the power to you CCP (+1).
Maken Tosch DUST University Ivy League 7410	Posted - 2014.03.17 01:54:00 - [19] - Quote Fraceska wrote: Maybe we can get people to finally stop the posts about Eve/Dust dying already? It shows that they believe their products will succeed by investing so much now for a (potential) future reward in higher profits. A bit risky by that's how you succeed in business. All the power to you CCP (+1). As the old saying goes. "You have to spend money to earn money." Dedicated Scout // Ninja Knifer Everything I know about the Caldari I learned at Nouvelle Rouvenor
TechMechMeds SWAMPERIUM 2862	Posted - 2014.03.17 02:09:00 - [20] - Quote Maken Tosch wrote: Fraceska wrote: Maybe we can get people to finally stop the posts about Eve/Dust dying already? It shows that they believe their products will succeed by investing so much now for a (potential) future reward in higher profits. A bit risky by that's how you succeed in business. All the power to you CCP (+1). As the old saying goes. "You have to spend money to earn money." I buy aurum to save isk lol. Level 2 forum warrior. Dust on the ps4 asap please Weed and bjs are my spinach

MINA Longstrike 2Shitz 1Giggle United Brotherhood Alliance 344	Posted - 2014.03.17 02:43:00 - [21] - Quote Necandi Brasil wrote: Losses are always bad, but how bad is operating with 21 million debt ? Not that bad actually, eve pulls in a lot of money, dust more or less pays for itself through microtransactions, they're working on Valkyrie, they've (I believe) signed a deal for eve online comic books based on player stories, they're working on a tv series and iirc still working on world of darkness. 21m debt isn't that bad when you have assets to cover it and money generating things that can pay off that debt well.... Now if ccp had 4 years like that without good gains anywhere there'd be a problem. TL;DR watch a few shows on how businesses operate and you'll realize ccp is doing fine for the next couple of years.
Krixus Flux Kang Lo Directorate Gallente Federation 101	Posted - 2014.03.17 02:44:00 - [22] - Quote ^Dude, your name is so bad ass!! Saying what's on people's minds
Disturbingly Bored Forum Warfare 2046	Posted - 2014.03.17 05:10:00 - [23] - Quote Maken Tosch wrote: Disturbingly Bored wrote: Indeed. Amazon.com shifts investments and development projects around like crazy, and in 20+ years they've technically never made a "profit." It's all about them taxes. Amazon.com launched in 1995 when there were only 230,000 sites available on the web. They never made a profit until 2001. You always have to be "that guy", don't you, Maken? I used to own the FAT GAT until this --> [ASCII Art removed - *draconian forum overlord* CCP Logibro]
DootDoot Da Short Buss 272	Posted - 2014.03.17 05:13:00 - [24] - Quote Sete Clifton wrote: They lost about 21 million (USD) in 2013 compared to 2012 where they made about 2 million. This difference seems to be mainly from significantly higher R&D costs compared to 2012 (56 vs 16 million, respectively). They're currently sitting at around 104 million in total assets. They also started the year with a total of 506 employees and ended with 530. That's across all their offices. So yeah, take that for what you will. I'm guessing getting Dust up and running was a factor in the higher operating cost. And they invested into a jump starter company with Occulus Rift. Along with EVE Valkyrie starting up and getting a whole office dedicated to the project.
Maken Tosch DUST University Ivy League 7416	Posted - 2014.03.17 05:16:00 - [25] - Quote Disturbingly Bored wrote: Maken Tosch wrote: Disturbingly Bored wrote: Indeed. Amazon.com shifts investments and development projects around like crazy, and in 20+ years they've technically never made a "profit." It's all about them taxes. Amazon.com launched in 1995 when there were only 230,000 sites available on the web. They never made a profit until 2001. You always have to be "that guy", don't you, Maken? I'm never one to disappoint. Dedicated Scout // Ninja Knifer Everything I know about the Caldari I learned at Nouvelle Rouvenor
8213 BIG BAD W0LVES Canis Eliminatus Operatives 1779	Posted - 2014.03.17 05:19:00 - [26] - Quote That was far to simplistic to be a full yearly FCP Report. I ain't got time for dat sh!t
Soraya Xel Abandoned Privilege Top Men. 1721	Posted - 2014.03.17 06:37:00 - [27] - Quote Pretty clear they're investing heavily in DUST and Valkyrie development, but had an overall very successful year. Moving from a one-hit wonder company to one with multiple products is a painful transition, and a loss the year it happens isn't a shock at all. I'd like to be your CPM1 candidate


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