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Chrysalis Games records excellent results, company value doubles within one year!

02-17-2022 11:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: GigDigital

Company Headquarters of Chrysalis Games in London

Company Headquarters of Chrysalis Games in London

The British software company Chrysalis Games has had an excellent financial year in 2021, according to both its own information and data provided by the Dun & Bradstreet credit rating agency.
According to the reports, the London-based game developer has more than doubled its cumulative revenues and corporate wealth to a value of more than U.S. $ 350,000.
Despite the ongoing pandemic of COVID-19 and a fragile global economy, the company managed to generate a positive and substantial increase in revenue from business activities outside of game development in the last financial year.

Unlike many other game developers in the industry, Chrysalis Games generated revenue primarily licensing from other game developers such as Animations, 3D-Modelling and much more, as well as a large portion of B-2-B development and licensing costs.
For the current year 2022, industry experts forecast further growth for Chrysalis Games.
The company already announced at the end of 2021 that its focus for 2022 will be on expansion and establishing its own computer games on the market.

The two flagship games "Kingdom Sieges" and "This Ain't Us" have been considered insider tips among game insiders and experts for some time, and both games are scheduled for release this year.
According to independent expert and insider estimates, "Kingdom Sieges" alone has so far cost around half a million dollars in development costs. However, Chrysalis Games has at no time confirmed or even come close to confirming these estimates and thus the actual development costs.

In addition to establishing itself in the field of video games, the company says it plans to make massive investments and expansions in the field of motion arts films, animation and special effects over the next few years.

Chrysalis Games confirmed that a new Corporate site will be operated in the Spanish metropolis of Málaga in the current business year, thus creating new capacities which, according to the company, will be primarily in the area of next-gen games and animation technology.

GigDigital Media & Consulting LP
First Floor, Swan Buildings, 20 Swan Street, City Centre, Manchester, Greater Manchester M4 5JW
europe@indigitalprecision.com

GigDigital is a is a media company headquartered in Manchester. The company's core areas include business consulting as well as new media and advertising.

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