Frostpunk 2 sales have surpassed 500k copies in just 10 days, but 11 bit's stock continues to plummet

Studio 11 bit published the financial report for the third quarter of 2024, which ended on 30 September and showed a surprising situation.

Here's What We Know

20 September saw the release of Frostpunk 2 - an ambitious strategy game that received the highest marks from critics and was liked by many gamers. At the same time, recall, the company's share price fell by 42% in three days.

The report showed that at the end of September, more than 511 thousand copies of Frostpunk 2 were sold, of which 48.7% were sold in the expensive extended edition. The studio's revenue soared 211% year-on-year, with the 11 bit share price dropping even lower to PLN 259 ($63), while a few days before the release it corresponded to PLN 635 ($155).

Such sales figures would be considered a success for almost any game, and certainly for a complex strategy game - this is an excellent result. Investors' expectations were clearly overestimated many times over, while the developers reported in the first week that the game had recouped its production and marketing budget and started to make a profit.

Frostpunk 2 is only available on PC (Steam, GOG and EGS), but they promise to port it to PlayStation 5 and Xbox Series in 2025.

Source: Biznes.Pap