Without naming it directly, Take-Two seemed to evoke something specific GTA VI I recently spoke of “revolutionary” titles coming out in the next fiscal year. The surprise might even come from the other games that fit this definition.
How are the finances of Take-Two, Rockstar Games’ parent company? Rather very good, because for the current fiscal year, which is expected to end on March 31, 2024, the expected revenues are between 5.45 and 5.55 billion dollars, compared to 5.28 billion last year.
Rockstar Games
With those revenues projected to top $8 billion in the next fiscal year, which runs from April 2024 through March 2025, there’s bound to be an eel or more under the rock. Such a big difference from previous forecasts that it can only indicate the introduction of large cartridges.
GTA V has passed the 180 million mark
Strauss Zelnick, CEO of Take-Two, turned the tone on Wednesday as he spoke about this particularly remarkable fiscal year ahead:
“As far as fiscal 2025 is concerned, it is a highly anticipated year for our company. For several years we have been preparing our company to release an incredibly large pipeline of projects that we believe will take our company to even higher levels of success.”
“In fiscal 2025, we plan to usher in this new era by releasing several breakthrough titles that we believe will set new standards in our industry and allow us to exceed $8 billion in net sales and an adjusted to achieve unrestricted revenue in excess of $1 billion.” Operating cash flow.”
“We expect to maintain this momentum by delivering even higher operating results in fiscal 2026 and beyond.”
Does LEGO 2K Drive count as a “breakthrough title” here? The CEO obviously decided not to decide whether the target of 8 billion net sales could also be achieved without GTA VI. However, he gave hints about GTA V, which left with 175 million units sold in the previous quarter. We know it’s better and as of March 2023 we have 180 million sales across all platforms. It’s nice to be healthy again.
Source: VGC