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And another 40,000 units sold in the last 24 hrs !!!!
...so that's about 10,000 sales a day, not a bad income stream.
Thanks Big Slick,
VGINSIGHTS now showing 317,000 sales
If they secured a really good deal for themselves that can hurt them in the future, a good business is a fair business you live and die on your reputation
It isn’t a fact I just used previous examples from the gaming industry, it’s possible they got up to 40% to start with tapered off to 20% after expenses are recovered.
It really depends how well the creators were represented in the negotiations
According to vginsights.com 296,000 units have been sold so that gives us a gross take of US D 4,144,000 @ 14 dollars a unit.
Does anyone know what Playstacks take is of this ?
Someone sugested 20 % but is that speculation or a fact?
Looking forward to the figures in a few weeks.
Net Revenue now $2.5M after 7 days......
Https://gamesensor.info/news/balatro_sales_first_three_days_steam
Since its launch on Steam on February 20, 2024, Balatro has taken the gaming community by storm, with astounding sales figures. According to GameSensor's forecast, Balatro sales raked in nearly $2 million within its first three days on the platform, a testament to its widespread appeal. What's more, Balatro has sold close to 100,000 copies during this brief period on Steam, solidifying its position as a top contender in the casual strategy genre.
Balatro's meteoric rise isn't just confined to its sales figures; the game has garnered praise from both players and critics alike. Boasting a stellar 5-star rating on Steam and an impressive 8.6 points out of 10 on Metacritic, Balatro has struck a chord with gamers worldwide. Critics have hailed its innovative gameplay mechanics, awarding it an impressive 88 points out of 100 possible, further cementing its status as a must-play title.
At its core, Balatro is a hypnotically addictive deathmatcher that seamlessly blends the thrill of illegal poker with the excitement of roguelike elements. Players are thrust into a high-stakes world where they must uncover game-changing jokers, unleash adrenaline-inducing combos, and outwit their opponents to emerge victorious. With each playthrough offering a fresh and exhilarating experience, Balatro promises endless hours of entertainment for players of all skill levels.
Whether you're a PC enthusiast or prefer gaming on consoles, Balatro has you covered. In addition to its availability on PC via Steam, the game is also playable on Nintendo Switch, PlayStation 4, PlayStation 5, Xbox One, and Xbox Series X/S consoles, ensuring that players can dive into the action no matter their preferred platform.
With its diverse player base spanning the globe, Balatro has transcended language barriers to become a true international sensation. While English-speaking players comprise the majority at almost 65%, the game's popularity extends to Chinese and French-speaking audiences as well. It's worth noting that while Balatro on Steam currently supports only English, its universal appeal knows no bounds.
“Cash at year end is no less than £9m, of which unrestricted cash is no less than £5.5m, and the Group is fully funded to profitability” looking good
Net Revenue for Balatro is already $2M in just one week......
It might slow the cash burn down for a bit so I’m happy with that
You do realise playstack are only the publishers so they take around 20% whilst the creators have the rest, not saying that isn’t significant but there’s plenty of games that cost more to publish than they ever return.
Agreed Madpad, I've just invested an initial amount in to Trufin based on the release of Balataro. It's generating significant income, and has only been out for a week, incredible....!
Balatro is now the 35 th most played game on Steam (there are over 7.000 )and is top of the trending list.
Let's hope future releases have this kind of success
Balatro sold over 250,000 copies in the first 72 hours
What's not to like ?
All looks good now for Satago,Oxygen and Playstack ,that was a nice surprize this morning.
What I fail to undertstand is this flurry of sales today ,if there are any sellers out there please could they give the reason for offloading?
Figures I believe at the end of March which should reveal more.
Impressed, one hour!
Whilst the losses are still massive i think they made a small EBITDA surplus in H2 as the loss in H1 was £3.8m and they have just reported a EBITDA full year loss of £3m.
Cash still seems to be burnt far too quickly. At end of H1 they had c£5m , in July they raised over £8m in a placing at 65p and later sold Vertus, although not sure if this money has been received yet.
They are now saying c£9m cash although a % of this is restricted. They burnt through c£5m in H1 and it appears maybe £4m in H2.
Nice to see Gresham increasing their stake. Maybe time to get back in here.
Since the fundraise at 65p and the SP at c70p this has drifted steadily lower over the last few months. now less than 50p.
Things do seem to be steadily improving however we need to see a profit. Thus far losses are still quite high
In the next few days I believe
Shouldn't there be interim results out about now?
… and now, exciting news from Playstack!
As i said back in Jan it looked likely TRU would need further funding and here it is.
On the positive a raise at 65p , only a few % off the current SP, is very good especially in the current climate.
My main concern is whether £8m is enough.
The cashburn has been quite high over the last couple of years and i suspect Playstack will need a fair bit more.
Oxygen and Satago seem really good businesses but are clearly not currently generating enough revenue to cover other costs across the business.