Red Square Games Achieves 2.5M PLN Sales Revenue, Announces Major Projects and Licensing Agreement with Asmodee

After three quarters of the business year, Red Square Games, a company listed on the NewConnect market and a producer and publisher of games, generated over 2.5 million PLN of net sales revenue. The Krakow-based studio is currently working intensively on new projects, including external ones, which will significantly contribute to the company’s growth. Recently, the company showcased a demo of its new game Sancticide, produced for Sylen Studio, and signed a crucial licensing agreement with Asmodee to create a digital version of a famous board game. Its debut game – SlavicPunk: Oldtimer, also made its console premiere.

Red Square Games steadily increases its revenue structure. The company noted a 33% increase in product sales to over 2.5 million PLN in 2024, compared to almost 1.9 million PLN a year earlier. In the third quarter, the Krakow studio focused primarily on the production activities of new titles, resulting in a loss of 116,000 PLN compared to over 944,000 PLN profit in the same period in 2023. In the management’s assessment, the expenditures made on product development and new contracts will have a measurable impact on the company’s future financial results.

– Red Square Games’ end of the year involves intensive work both on the business and development fronts. We are currently in the production phase, which is reflected in the financial results for this year’s third quarter. We are working on the next titles, and we have completed porting the “SlavicPunk: Oldtimer” game, which is now available on consoles. In addition, we recently provided the first public demo of the “Sancticide” title, a game we’re producing for Sylen Studio. The aforementioned activities show that we value both our own and external projects. Our team is capable of creating games of a very high standard, and our portfolio so far has been helpful in obtaining a license from Asmodee, a global leader in the board games industry, enabling us to produce and release a digitized version of one of the world’s most popular board games from our new partner’s extensive portfolio, – says Krzysztof Wolicki, President of the Board of Red Square Games.

In recent weeks, Red Square Games showcased its latest title produced for Sylen Studio. Sancticide is a dynamic, dark TPP slasher from the indie premium segment with rogue-lite elements. The game continues the story of Michal Gołkowski’s literary universe called Komornik. At this stage, the producers’ main goal is to present a part of what they will show in the full version while building a gaming community around the title. The creators plan to launch an early access premiere in early 2025.

Following last year’s PC premiere of the isometric twin-stick shooter – SlavicPunk: Oldtimer, the Krakow developer has launched this debut game on Xbox and PlayStation. The game, published by Gaming Factory, has been available in Microsoft and Sony stores since November 6. The regular game price is set at 17.99 USD. It is also available for PC distribution on Steam, GOG, the Epic Games Store, and STOVE Indie platforms.

On November 5, the company signed a licensing agreement with its new partner, Asmodee, a leader in the entertainment industry, international publisher, and board games distributor with an extensive network of studios and intellectual properties (IP). The Red Square Games team will develop a digitized version of one of the world’s most popular board games from Asmodee’s extensive portfolio. The game’s title will be announced in a separate press release at the appropriate time.