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Remedy Entertainment

Remedy Entertainment: Financial Results Q1 2021

Today Remedy Entertainment Plc ($REMEDY) announced the financial results of the fiscal year 2021 ending March 31, 2021.

  • Revenue 8.1 (7.8) mln €, +3.4% YoY
  • Operating profit 0.9 (1.1) mln €, 10.5% (13.7%) of revenue
  • 41.5 mln euros with a directed offering of new shares
  • Cash flow 4.0 mln €

In anticipation of the next financial quarter, the Company has provided a series of information:

  • AAA game project with Epic Games is soon moving into full production, and the second, smaller-scale game continues in full production mode
  • CrossfireX and Crossfire HD ready to launch in 2021
  • The development of Vanguard is in a good place

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