Digital Bros revenue drops 36% due to lack of new releases

Originally published on GamesIndustry.biz by Marie Dealessandri

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505 Games parent company Digital Bros has released its financial results for the quarter ended September 30, 2021, and reported a 35.8% drop in revenue year-on-year.

The company made €25 million during Q1 FY2022, compared to €38.9 million during the same period last year, a quarter which had seen the company release Death Stranding and Control on PC.

Revenues from Digital Bros’ back catalogue increased 35% year-on-year (representing €6.1 million), as it didn’t release any new game during this quarter. Assetto Corsa was the company’s best selling title, generating €4 million in revenue.

The company noted that

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