Remedy Entertainment has announced that Alan Wake 2 is finally profitable, having recouped its development costs and marketing fees by the end of last year.
According to a new financial report covering the full 2024 fiscal year, not only is Alan Wake 2 profitable, but it had also exceeded two million sales at the close of 2024, meaning it's picked up another 200,000 sales or so since November.
Back in April 2024, Remedy reported that Alan Wake 2 still hadn't earned back its budget, although the studio said it had "recouped a significant part" of its expenses (stopping short of elaborating on exactly how much).
The game was inching closer towards profitability as of November, at which point Remedy reported that it had earned back "most" of its development and marketing costs. That leads us to the present moment and Alan Wake 2's final crossing of that all-important finish line.
In terms of finances, Remedy says its revenue jumped by 49.3% in 2024 when compared to the previous year, although the company hasn't had a profitable year overall.
That could well be down to the fact that Remedy hasn't released any major games this year (although it did launch two DLC packs for Alan Wake 2), as well as the company's acquisition of the rights to Control from former owner 505 Games back in February last year.
With regards to the fourth quarter of 2024, Remedy says its revenue increased compared to last year's fourth quarter, although once again, profits are down compared to the same period the year prior.
When it comes to Remedy's future, the company says production is progressing smoothly on upcoming titles like FBC: Firebreak, Control 2, and the two Max Payne remakes.
FBC: Firebreak is still on track to launch this year, while Control 2 entered full production earlier this month and the Max Payne remakes are "making steady progress". Neither of the latter two have release dates yet, unfortunately.
You can see Remedy's full 2024 financial presentation here if you want to get some in-depth stats on how the iconoclastic Finnish studio is doing.
