Cd Projekt S.a. · GPW:CDR
Cd Projekt — H1 2024 Earnings Presentation
11 slides from Cd Projekt's earnings presentation, Aug 28, 2024
Slide 1: CD PROJEKT GROUP H1 2024 Earnings
CD PROJEKT GROUP H1 2024 Earnings 28 AUGUST 2024 Michał Nowakowski | J O I N T C H I E F E X E C U T I V E O F F I C E R , M E M B E R O F T H E B O A R D Piotr Nielubowicz | C H I E F F I N A N C I A L O F F I C E R , M E M B E R O F T H E B O A R D
Slide 2: H1 2024: Back catalogue sales triggers
H1 2024: Back catalogue sales triggers …supported by franchise flywheel activities 2
Slide 3: Development teams engaged in ongoing projects
Development teams engaged in ongoing projects No. of developers April 30, 2024 407 56 39 20 February96 29, 202412 17 630 July 31, 2024 410 60 42 20 99 8 639 Polaris Orion Sirius Hadar Shared Services* Other projects *General Development Services (e.g. Localization, Quality Assurance), Data, Insights
Slide 4: Financial Results
Financial Results OF THE CD PROJEKT GROUP 4
Slide 5: CD PROJEKT GROUP — Profit and loss account
CD PROJEKT GROUP — Profit and loss account CD PROJEKT GROUP RED GOG eliminations H1 2024 vs. H1 2024 vs. H1 2023 H1 2024 H1 2024 H1 2024 H1 2024 H1 2023 [PLN] H1 2023 [%] Sales revenue 325 214 424 812 344 946 87 669 -7 803 99 598 31% Sales of products and services 238 883 344 530 341 154 306 3 070 10
Slide 6: CD PROJEKT GROUP – assets
CD PROJEKT GROUP – assets Assets 31.12.2023 30.06.2024 change change % Non-current assets 1 450 685 1 525 159 74 474 5% Expenditure on development projects 527 182 586 630 59 448 11% – New development during H1 2024 112 365 – Depreciation during H1 2024 -52 917 Other financial assets * 455 907 426 04
Slide 7: CD PROJEKT GROUP – equity and liabilities
CD PROJEKT GROUP – equity and liabilities Equity and liabilities 31.12.2023 30.06.2024 change change % Equity 2 403 223 2 484 354 81 131 3% Liabilities 210 277 175 653 -34 624 -16% Liabilities 103 914 95 186 -8 728 -8% Deferred income 15 485 15 812 327 2% Provisions 90 878 64 655 -26 223 -29% Total
Slide 8: CD PROJEKT RED
CD PROJEKT RED Research, development & product maintenance costs 100 000 75 000 50 000 25 000 0 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 Cost of product maintenance - released products (P&L - Selling costs) Research works costs - new projects (P&L - G&A costs) Development expenditures - new p
Slide 9: CD PROJEKT GROUP – Changes in cash, deposits & bonds
CD PROJEKT GROUP Changes in cash, deposits & bonds 61 061 -36 953 9 027 -45 918 59 817 -107 139 45 918 170 006 -99 911 308 831 1 365 322 1 309 459 Total outcome from ongoing business during H1 2024: 308 831 Total increase after R&D costs/expenses and dividend pay out during H1 2024: 55 863 Cash, dep
Slide 10: Thank you
Thank you ir@cdprojekt.com karolina.gnas@cdprojekt.com 10
Slide 11: Legal Disclaimer
Legal Disclaimer This presentation was created by CD PROJEKT S.A. (“CD PROJEKT”). Data contained in this presentation is valid as of the day of its preparation. Consequently, this presentation will not be subject to changes, updates or modifications to account for events which might occur after this