Take-Two FY24: Net Loss $3.74 bn ; FY25 Outlook: Net Loss $674 to $606m; GTA V 200 m units, Franchise 425 m; RDR 2 64 m, Series 89 m; NBA 2K 149m

[John Elden Ring]

Take-Two Reports Results for Fourth Quarter and Fiscal Year 2024
FY24 Net Loss was $3.74 bn
Q4 Net Loss was $2.90 bn

Outlook for FY25
Net Loss $674 to $606 m

GTA Series
GTA V 200 m units
Franchise 425 m units


RDR Series
RDD 2 64 m units
Series 89 m units


NBA 2K Franchise 149 m units

 

[Gamernyc78]

Take-Two Reports Results for Fourth Quarter and Fiscal Year 2024
FY24 Net Loss was $3.74 bn
Q4 Net Loss was $2.90 bn

Outlook for FY25
Net Loss $674 to $606 m

GTA Series
GTA V 200 m units
Franchise 425 m units


RDR Series
RDD 2 64 m units
Series 89 m units


NBA 2K Franchise 149 m units

*Crédit to gaf

 

[Bryank75]

Ouch, that's a brutal loss.

 

[Plextorage]

Take 2 is toasted. M$, step in and finish them

 

[Gamernyc78]

Take 2 is toasted. M$, step in and finish them

Yeah thy lost alot.

 

[Gods&Monsters]

So much loss and nobody is crying about them like Square. They can't blame exclusivity in this case.

 

[Gediminas]

So much loss and nobody is crying about them like Square. They can't blame exclusivity in this case.

Yeah, of course not. PS and especially SE are targeted on purpose.

 

[saltyashell]

I definitely see a GTA6 PS5 bundle in the works. They're gonna need to milk every penny of revenue, especially with the PC/Steam release not coming for a long time.

 

[Yobo]

What an inept company

Take note of putting all your eggs in the GAAS basket, Sony

 

[anonpuffs]

They spend twice as much money on "administrative" costs as they did on the actual software development, maybe they should address that

also lol@spending 1.5b in a year on marketing. and the depreciation of their acquisitions' value by $2b, that must be due to Zynga

 

[Cool hand luke]

A full multiplatform strategy is a massive failure. They should make exclusives for Sony.

 

[Gamernyc78]

A full multiplatform strategy is a massive failure. They should make exclusives for Sony.

There's definitely strengths and weaknesses in both. Best to diversify and do a little of both.

 

[ethomaz]

That is a huge net loss.

What happened? GTAVI development costs?

 

[Danja]

Are these losses a consequence of the recent acquisitions?? That's really worrying