DUST Search - Financial info

Avallo Kantor wrote:

It should be also noted that most of this conversation on how much DUST is making / losing is all speculation.

We have no solid numbers on the cost of DUST, nor any numbers on it's actual profit.
In that respect it's impossible to say if DUST is financially gaining, stable, or losing profit.

Making claims to any of the above would be based on no solid evidence, and is no better than
making guess work. What we do know is that CCP is profitable, and so long as they make money every year,
then they are free to chase after any long term projects they wish to, especially if they are working under the
assumption that these projects (such as the TV show) will yield high profits in a few years time.

Companies (that plan on lasting) always put large chunks of money into R&D, as this is generally the expense filed for any work that is done to ensure the future of the company, and the design of new features / expansions /products.

Seeing as they announced a TV show, a Comic series, and are releasing a new game it makes sense that most of the expenses related to meetings, development, planning, making the appropriate deals, would all be filed away in R&D costs, thus citing the number in the report. Especially since they probably got the director for it ahead of time.

Another thing to consider is that CCP IS donating money to such institutions as Planetary Industries, and these things, while a bit unorthodox could also be filed into R&D costs as well. But that's just wild speculation on my part.

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Avallo Kantor DUST University Ivy League 105	Posted - 2013.06.25 17:35:00 - [31] - Quote It should be also noted that most of this conversation on how much DUST is making / losing is all speculation. We have no solid numbers on the cost of DUST, nor any numbers on it's actual profit. In that respect it's impossible to say if DUST is financially gaining, stable, or losing profit. Making claims to any of the above would be based on no solid evidence, and is no better than making guess work. What we do know is that CCP is profitable, and so long as they make money every year, then they are free to chase after any long term projects they wish to, especially if they are working under the assumption that these projects (such as the TV show) will yield high profits in a few years time. Companies (that plan on lasting) always put large chunks of money into R&D, as this is generally the expense filed for any work that is done to ensure the future of the company, and the design of new features / expansions /products. Seeing as they announced a TV show, a Comic series, and are releasing a new game it makes sense that most of the expenses related to meetings, development, planning, making the appropriate deals, would all be filed away in R&D costs, thus citing the number in the report. Especially since they probably got the director for it ahead of time. Another thing to consider is that CCP IS donating money to such institutions as Planetary Industries, and these things, while a bit unorthodox could also be filed into R&D costs as well. But that's just wild speculation on my part.
A'Real Fury D.A.R.K L.E.G.I.O.N D.E.F.I.A.N.C.E 214	Posted - 2013.06.25 18:29:00 - [32] - Quote Avallo Kantor wrote: It should be also noted that most of this conversation on how much DUST is making / losing is all speculation. We have no solid numbers on the cost of DUST, nor any numbers on it's actual profit. In that respect it's impossible to say if DUST is financially gaining, stable, or losing profit. Making claims to any of the above would be based on no solid evidence, and is no better than making guess work. What we do know is that CCP is profitable, and so long as they make money every year, then they are free to chase after any long term projects they wish to, especially if they are working under the assumption that these projects (such as the TV show) will yield high profits in a few years time. Companies (that plan on lasting) always put large chunks of money into R&D, as this is generally the expense filed for any work that is done to ensure the future of the company, and the design of new features / expansions /products. Seeing as they announced a TV show, a Comic series, and are releasing a new game it makes sense that most of the expenses related to meetings, development, planning, making the appropriate deals, would all be filed away in R&D costs, thus citing the number in the report. Especially since they probably got the director for it ahead of time. Another thing to consider is that CCP IS donating money to such institutions as Planetary Industries, and these things, while a bit unorthodox could also be filed into R&D costs as well. But that's just wild speculation on my part. You are right this is all highly speculative and I doubt we will ever gain access to the kind of figures that could answer our questions conclusively but the correlation in the increase in R&D costs in 2012 and the introduction of the closed beta is interesting. But how much of that budget went to Dust as compared to the other projects you have mentioned will currently remain unknown. Likewise how much revenue Dust is generating is guesswork but it is based on approx player count so it is not a completly wild guess. To your last point CCPs goodwill payments remains unchanged between 2011 and 2012 so does not contribute to the increase in R&D costs.
Atikali Havendoorr HERBGROWERS 28	Posted - 2013.06.27 00:49:00 - [33] - Quote Probably best thread Iv'e ever read on the Dust forums so far. Kevall Longstride wrote: Actually the wages of any company's staff is always their biggest cost. It's why they're the first to go if a company wants to save money. Sad but true. That actually looks like a healthy financial report. Good work CCP. Yup. But i still think that they, out of a corporate perspective, could restrain their costs a little bit. Maken Tosch wrote: PonyClause Rex wrote: http://www.ccpgames.com/media/47002/ccp%202012%20consolidated%20financial%20statements.pdf Someone tell me what is wrote on the bottom left hand side of page 8 lol made me chuckle CCP Financial Report 2012 wrote: Each share is 1 ISK http://en.wikipedia.org/wiki/Icelandic_kr+¦na Maken Tosch wrote:* That's about $60,000. Keep in mind that this is in USD, not in Icelandic Kronos (ISK). Since 1 USD = 122 ISK, that amounts to 7,320,000 ISK. Keep in mind that the economy over there in Iceland is still recovering from the economy recession of 2008. You know what's funny about Iceland's economy? off topic Iceland arrested their bankers and threw them into jail and let their own economy tank while the US bailed out its own bankers. Guess which country recovered faster. Hint: It's not the US. Absolutely stunning, amazing andGÇª I can't find words for it - that the US, the foremost capitalist country in the world _bailed out_ their banks. Maybe not so amazing considering what the consequences would be. But after that, the US released the reins and more or less let things go on like before. business as usual. What message does that send? If you **** up big enough, you're gonna be saved. Meaning that taking the largest risks is always gonna be profitable. No consequences to face. The economic power have grown too strong...
Knightshade Belladonna WH0 G1VSA FL0CK GLOCKS 377	Posted - 2013.06.27 01:01:00 - [34] - Quote Guildo Crow wrote: Off topic. But seriously, 30 million in salaries for 500 people is expensive? what are you nuts!? That's pretty average, below average I'd say. honest. You would be surprised then at how many very hard working guys I know who make less than 20k. It ain't all sunshine and rainbows for everyone, hell I had to work 5 years making only 15k a year, one year it was only 12,500 , I was considered poor and in poverty. Then I found out other ways to get by with less work and more reward.. murica be proud!
Maken Tosch DUST University Ivy League 2912	Posted - 2013.06.27 01:51:00 - [35] - Quote @A'Real Fury We'll just have to wait until next year for the next financial report to see how it goes. Keep in mind that these reports are provided by third party auditors so that investors can trust that the company is doing well.


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