11 Bit Studios Producing Seven Games; A Total of $21 Million Investment

Frostpunk and Children of Morta developers 11 Bit Studios are working on a total of seven games worth $21 million.

Following are the games 11 bit studios are investing in –

• Project Vitriol with the company Fool’s Theory
• Project Botin
• Project Foxhole with the company Digital Sun Games (developers of Moonlighter)
• Another game with companies  Spanish studios Chibig and Inverge Studios

The total investment in these four projects is around $6.3 million. Apart from these, the developer is spending $15.1 million on three first-party projects. These projects are –

• Project 8
• Eleanor
• Dolly

In Q1 2020, 11 bit studios S.A. crossed one more nine-digit threshold. The cumulative revenue from the sales of Frostpunk and its paid DLCs in the period from the release of the game (in April 2018) to the end of March 2020 added up to more than PLN 100m, surpassing the cumulative revenue from This War of Mine, which had its debut in November 2014.

The robust financial performance of 11 bit studios S.A. in Q1 2020 is attributable to the very successful release (on January 21st, 2020) of a paid DLC for Frostpunk (Frostpunk: The Last Autumn). It had an additional effect of boosting sales of the basic version of Frostpunk and older games in the Company’s portfolio, especially This War of Mine.

The games marketed by the publishing division, Moonlighter and Children of Morta, were important contributors to the Q1 performance. The revenue from the two games in the first three months of 2020 accounted for 24% of the Company’s total revenue.

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