A financial report from Remedy Games released this morning has confirmed that the Max Payne remake – a modern combination of Max Payne 1 and 2 – is in “full production”. This report reveals that the game entered this state within the quarter spanning April – June 2024.
In addition, Control 2 has entered its production readiness stage, pointing towards that game’s gradual development towards its release. CEO Tero Virtala noted as well that “development fees increased from the comparison period due to higher development fees from Max Payne 1&2 remake”. What this essentially means is that its full steam ahead on the remake’s development, and those loses stem from the money faucet being turned and cash flowing towards its creation.
As for the wider financials for the company, things are looking better than last year, with revenue increasing 16%. Operating loss is still 3.2 million euros, which sounds a bit nasty, but that’s a 1.6 million euro improvement from last year too. So for Remedy, things appear to be moving in a positive direction.
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