Chrysalis Games exceeds expectations and delivers solid growth, enterprise value increases to over 70 percent year-on-year.
According to the study, the english game developer has boosted its business value by more than 70 percent to more than US $ 300,000 in direct comparison to the company rating from 2020.
Despite the ongoing CoVid-19 pandemic and a shaky economy, the London-based company managed to generate a positive and solid increase in turnover from business activities outside of game development in the past financial year.
Unlike many other game developers in the industry, Chrysalis Games mainly generated income from licensing other game developers‘ computer games, as well as a large part from B-2-B development and licensing costs.
For the current year 2022, industry experts are forecasting further growth for Chrysalis Games. The company already announced at the end of 2021 that a major focus for 2022 would be on further 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 by game insiders and experts for some time now, 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 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 has already confirmed that it will establish another location in the Spanish metropolis of Malaga in the current business year and thus create new capacities, which, according to the company, will mainly be in the area of next-gen games and animation technology.
Chrysalis Games is a London (UK) based game developer and publisher. In addition to its headquarters in London, the company has smaller development studios in Germany and Spain. In addition to its core activity of game development, Chrysalis Games is also active in the fields of motion pictures and virtual reality solutions for institutions.
Chrysalis Games Inc.
3 Marshalsea Road
SE1 1EP London
Telefon: +49 (202) 26156820
https://chrysalisgameworks.com
E-Mail: ID@chrysalisgameworks.com