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Morganta
The Greater Goon
Clockwork Pineapple
2000
   |
Posted - 2014.09.08 00:38:00 -
[1] - Quote
there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
|
Ursula Thrace
Red Federation
RvB - RED Federation
261
|
Posted - 2014.09.08 00:40:00 -
[2] - Quote
rumor much?
eve online original intro
|
Morganta
The Greater Goon
Clockwork Pineapple
2000
|
Posted - 2014.09.08 00:44:00 -
[3] - Quote
Ursula Thrace wrote:rumor much?
not really, no
but this caught my attention and while I doubt its entirely accurate, these things usually have some basis in reality, So I'm askin
|
Felicity Love
Imperium Galactic Navy
2124
|
Posted - 2014.09.08 00:50:00 -
[4] - Quote
There was that big "write off " awhile back... perhaps thats part of what you're hearing ?
Otherwise, just look back at the various stupidities in the last few years.
"EVE is dying." -- The Four Forum Trolls of the Apocalypse.-á-á ( Pick four, any four. They all smell. -á)
|
Sibyyl
Gallente Federation
11024
|
Posted - 2014.09.08 00:52:00 -
[5] - Quote
I looked for links to articles or data in your post but all I found is your opinion.
Did you have anything more than your opinion to base this discussion off of?
Stop tolling me. Im jnot drunk...-áIm going to stop posti --Pepper the Penguin
~-áAnd when the seasons change ~-áWill you stand by me? ~ |
Abrazzar
Vardaugas Family
4626
|
Posted - 2014.09.08 01:02:00 -
[6] - Quote
Wasn't all the work done for World of Darkness written off under R&D?
Sovereignty and Population
New Mining Mechanics |
Kaarous Aldurald
ROC Deep Space
The ROC
9555
|
Posted - 2014.09.08 01:05:00 -
[7] - Quote
Abrazzar wrote:Wasn't all the work done for World of Darkness written off under R&D?
Yes. That is the bulk of the amount the OP is talking about.
When you look at it that way, they actually have a pretty decent net gain, once they cut out all the pork.
"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."
Clean Up Local 2014.-á |
Morganta
The Greater Goon
Clockwork Pineapple
2000
|
Posted - 2014.09.08 01:12:00 -
[8] - Quote
ok that makes sense, and this other article seems to back it up, so its just fallout from WOD
and to the person who was unable to find info about this
heres one mention with somewhat different numbers, im sure you can find more
http://www.gamespot.com/articles/eve-developer-closes-san-francisco-office-two-key-/1100-6421968/ |
Sibyyl
Gallente Federation
11030
|
Posted - 2014.09.08 01:15:00 -
[9] - Quote
The link says $22.8 million loss and your topic says $44 million.
"Somewhat different numbers" is a nice way of putting it.
Stop tolling me. Im jnot drunk...-áIm going to stop posti --Pepper the Penguin
~-áAnd when the seasons change ~-áWill you stand by me? ~ |
bacon lettuce tomato
31
|
Posted - 2014.09.08 01:17:00 -
[10] - Quote
I wouldn't me surprised if this websites 404'd tomorrow and never came back up. Most lemonade stands I've seen are managed better than CCP |
Kaarous Aldurald
ROC Deep Space
The ROC
9556
|
Posted - 2014.09.08 01:20:00 -
[11] - Quote
bacon lettuce tomato wrote:I wouldn't me surprised if this websites 404'd tomorrow and never came back up. Most lemonade stands I've seen are managed better than CCP
Considering that no one knows that they backed the National Socialist Party in the 30s and 40s, I would have to say that the Girl Scouts have a pretty damned good PR department.
"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."
Clean Up Local 2014.-á |
DaReaper
Net 7
The Last Brigade
920
|
Posted - 2014.09.08 01:20:00 -
[12] - Quote
In the 6 month finaical report, which was poste din another thread, and can be found here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf you need to translate that, and its not the offical ccpgames site that i am aware of, so boo knows.
and the TMC artical here:
http://themittani.com/news/ccp-reveals-mediocre-2014-financials-layoffs
Which the source is a reddit post.
So take that for what it is. Says roughly that ccp made 36,452,422 for the first 6 months of 2014, which is down from last year. (36.6m roughly)
They had a an operation loss according to the document of roughtly 28m.
Most in RnD which is the finaly parts of the WoD closing that they finished around fan fest.
So techically ccp is only down around 200k for the first 6 months. the rest is rnd and administration cost.
OMG Comet Mining idea!!! https://forums.eveonline.com/default.aspx?g=posts&t=331766 |
DaReaper
Net 7
The Last Brigade
920
|
Posted - 2014.09.08 01:25:00 -
[13] - Quote
its a combination of killing WoD which will cost money, it actually cost a lot to fire someone.
And the writing off of 8 years of RnD work (which cost a lot of money over time)
And the closing of an expessive office (lets face it, SF has HIGH rent, it was prolly rented for the marketing guy, and as he was quitting they dumped it)
And the tail end of closing un used depts.
Honestly, CCP is sitting on a decent ip in the form of WoD, and if they REALLY get in trouble, could prolly spin off white wolf or lease out the WoD ip.
But a 200k or so loss in game rev int he same 6 month period, really is not that big a deal
OMG Comet Mining idea!!! https://forums.eveonline.com/default.aspx?g=posts&t=331766 |
Chainsaw Plankton
IDLE GUNS
IDLE EMPIRE
625
|
Posted - 2014.09.08 01:30:00 -
[14] - Quote
300,000 users x $15 per month x 12 months = $54million per year.
there are a few simplifications and assumptions in there, but should be a decent ballpark figure.
also that seems like a high figure for a WoD and/or Dust 514 write off, but hey, probably helps them on the taxes in a nice way, and I have no idea what it really takes to finance a game on that level.
You can trust me, I have a monocole |
Nariya Kentaya
The Pulsar Innovation
Surely You're Joking
1511
|
Posted - 2014.09.08 02:10:00 -
[15] - Quote
Im just gonna say, as someone whos having to take Accounting as a supplementary class in college, that all you people who can stare at a balance sheet and make out whats going where, applause. That stuff gives me a migraine and I used to calculate math for trips to the moon/mars using an apollo-era rocket for fun. |
Scipio Artelius
The Vendunari
End of Life
7505
|
Posted - 2014.09.08 02:22:00 -
[16] - Quote
Well it seems the servers are still up, so I think I'll leave the financial issues to CCP and concentrate on playing the game.
When the server doesn't come up anymore, then I'll have a meltdown. The forums better still be open then. My thread-naught is going to be epic.
Come Win At Eve - Join The Vendunari
LAGL 4 LYF |
Kaarous Aldurald
ROC Deep Space
The ROC
9557
|
Posted - 2014.09.08 02:26:00 -
[17] - Quote
Nariya Kentaya wrote:Im just gonna say, as someone whos having to take Accounting as a supplementary class in college, that all you people who can stare at a balance sheet and make out whats going where, applause. That stuff gives me a migraine and I used to calculate math for trips to the moon/mars using an apollo-era rocket for fun.
Try working for an insurance company some day. Be prepared to hate yourself in fairly short order though.
"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."
Clean Up Local 2014.-á |
Morganta
The Greater Goon
Clockwork Pineapple
2000
|
Posted - 2014.09.08 02:27:00 -
[18] - Quote
Chainsaw Plankton wrote:300,000 users x $15 per month x 12 months = $54million per year.
there are a few simplifications and assumptions in there, but should be a decent ballpark figure.
also that seems like a high figure for a WoD and/or Dust 514 write off, but hey, probably helps them on the taxes in a nice way, and I have no idea what it really takes to finance a game on that level.
because every penny a business makes is profit
|
Mr Epeen
It's All About Me
5904
|
Posted - 2014.09.08 03:07:00 -
[19] - Quote
Morganta wrote:
should I just "not worry, it will be all right?"
That would be my advice.
Mr Epeen 
There are 86,400 seconds in a day. You just saved one of them by typing 'u' instead of 'you'.-á Congratulations, dumbass! |
Jarod Garamonde
Sardaukar Merc Guild
General Tso's Alliance
1950
|
Posted - 2014.09.08 03:36:00 -
[20] - Quote
Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
Your numbers are made-up and stupid. Your rumor-mongering deserves a lock.
Contract all your stuff to me, and biomass your toons.
That moment when you realize the crazy lady with all the cats was right... |
Slicr
30
|
Posted - 2014.09.08 05:38:00 -
[21] - Quote
Jarod Garamonde wrote:Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
Your numbers are made-up and stupid. Your rumor-mongering deserves a lock. Contract all your stuff to me, and biomass your toons.
I can see numbers being made up, but numbers being stupid?
I believe in being Pro-Active as Opposed to Reactive.
Reactive tends to be more costly in time and money.
|
Slicr
34
|
Posted - 2014.09.08 05:38:02 -
[22] - Quote
Jarod Garamonde wrote:Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
Your numbers are made-up and stupid. Your rumor-mongering deserves a lock. Contract all your stuff to me, and biomass your toons.
I can see numbers being made up, but numbers being stupid?
I believe in being Pro-Active as Opposed to Reactive.
Reactive tends to be more costly in time and money.
|
Ahost Gceo
Rolled Out
Triumvirate.
213
|
Posted - 2014.09.08 06:39:00 -
[23] - Quote
Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
By Jove you are fugly.
I'm a friggin' banana. |
Ahost Gceo
Rolled Out
Black Legion.
226
|
Posted - 2014.09.08 06:39:12 -
[24] - Quote
Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
By Jove you are fugly.
CCP ignore me please, I make too much sense.
|
Don Aubaris
135
|
Posted - 2014.09.08 06:55:00 -
[25] - Quote
I heared that new accounting rules forced CCP to subject all CCP DEVs to an IQ test.
This to have a better idea of their value to the company.
The write-off was a consequence of the results. 
And now serious : CCP just cleaned up their books. A lot of mismanagement and hot air got cleaned out.
It doesn't mean they actually spend that money. They just scrapped money that wasn't there anymore anyway.
Don't you just love bookkeeping. 
|
Don Aubaris
135
|
Posted - 2014.09.08 06:55:27 -
[26] - Quote
I heared that new accounting rules forced CCP to subject all CCP DEVs to an IQ test.
This to have a better idea of their value to the company.
The write-off was a consequence of the results.
And now serious : CCP just cleaned up their books. A lot of mismanagement and hot air got cleaned out.
It doesn't mean they actually spend that money. They just scrapped money that wasn't there anymore anyway.
Don't you just love bookkeeping.
|
Mithandra
Serene Vendetta
Brawls Deep
139
|
Posted - 2014.09.08 07:50:00 -
[27] - Quote
bacon lettuce tomato wrote:I wouldn't me surprised if this websites 404'd tomorrow and never came back up. Most lemonade stands I've seen are managed better than CCP
And yet, after more than 10 years , the servers are still up and the hamsters are happy.
Eve is the dark haired, totally hot emo gothchild of the gaming community
|
Mithandra
Serene Vendetta
Brawls Deep
222
|
Posted - 2014.09.08 07:50:10 -
[28] - Quote
bacon lettuce tomato wrote:I wouldn't me surprised if this websites 404'd tomorrow and never came back up. Most lemonade stands I've seen are managed better than CCP
And yet, after more than 10 years , the servers are still up and the hamsters are happy.
Eve is the dark haired, totally hot emo gothchild of the gaming community
|
Klyith
GoonWaffe
Goonswarm Federation
137
|
Posted - 2014.09.08 08:20:00 -
[29] - Quote
Slicr wrote:
I can see numbers being made up, but numbers being stupid?
I've always hated 9. It's just an upside down 6!  F off, nine, you're a stupid number.
OTOH 4 is the most underrated number. It doesn't get any hype, but four is cool with just sitting back and being the first square number. Very classy. More people should be down with 4. |
Klyith
GoonWaffe
Goonswarm Federation
159
|
Posted - 2014.09.08 08:20:02 -
[30] - Quote
Slicr wrote:
I can see numbers being made up, but numbers being stupid?
I've always hated 9. It's just an upside down 6! F off, nine, you're a stupid number.
OTOH 4 is the most underrated number. It doesn't get any hype, but four is cool with just sitting back and being the first square number. Very classy. More people should be down with 4. |
Amarr Citizen 1312151005
Royal Amarr Institute
Amarr Empire
48
|
Posted - 2014.09.08 10:31:00 -
[31] - Quote
Jarod Garamonde wrote:Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
Your numbers are made-up and stupid. Your rumor-mongering deserves a lock. Contract all your stuff to me, and biomass your toons.
http://www.gamesindustry.biz/articles/2014-04-15-ccp-drops-into-red-losing-USD21m-in-fy-2013
They spent 40 Million In R&D. So his numbers have some factual backing.
Stop being a CCP fan boy and getting mad when someone says something mean about "your game"
I know you live and breath EVE but I could never understand why people take it as a personal attack when someone says something bad about EVE.
https://www.ccpgames.com/media/47381/ccp%20financial%20statements%20june%2030%202013.pdf
CCP does not make much profit at the end of the day so even a loss of 23M is a huge deal.
and even after all the lay offs they were still in the RED.
Red means they had to spend money out of pocket to run the business for that year.
Do some damn research so someone else doesn't have to do it just to make you look like the idiot you are. |
Amarr Citizen 1312151005
Royal Amarr Institute
Amarr Empire
52
|
Posted - 2014.09.08 10:31:20 -
[32] - Quote
Jarod Garamonde wrote:Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
Your numbers are made-up and stupid. Your rumor-mongering deserves a lock. Contract all your stuff to me, and biomass your toons.
http://www.gamesindustry.biz/articles/2014-04-15-ccp-drops-into-red-losing-USD21m-in-fy-2013
They spent 40 Million In R&D. So his numbers have some factual backing.
Stop being a CCP fan boy and getting mad when someone says something mean about "your game"
I know you live and breath EVE but I could never understand why people take it as a personal attack when someone says something bad about EVE.
https://www.ccpgames.com/media/47381/ccp%20financial%20statements%20june%2030%202013.pdf
CCP does not make much profit at the end of the day so even a loss of 23M is a huge deal.
and even after all the lay offs they were still in the RED.
Red means they had to spend money out of pocket to run the business for that year.
Do some damn research so someone else doesn't have to do it just to make you look like the idiot you are. |
Mike Adoulin
Adolescent Radioactive Pirate Hamsters
856
|
Posted - 2014.09.08 10:36:00 -
[33] - Quote
Don't worry, when EVE dies we can all go play Elite Dangerous multiplayer....
Also, posting in a stealth Goon troll thread....:)
grrr goons!!!
Everything in EVE is a trap.
And if it isn't, it's your job to make it a trap...:)
You want to know what immorality in EVE Online looks like? Look no further than Ripard "Jester" Teg.
|
Mike Adoulin
Adolescent Radioactive Pirate Hamsters
1018
|
Posted - 2014.09.08 10:36:46 -
[34] - Quote
Don't worry, when EVE dies we can all go play Elite Dangerous multiplayer....
Also, posting in a stealth Goon troll thread....:)
grrr goons!!!
Everything in EVE is a trap.
And if it isn't, it's your job to make it a trap...:)
You want to know what immorality in EVE Online looks like? Look no further than Ripard "Jester" Teg.
Chribba is the Chuck Norris of EVE.
|
Destination SkillQueue
Are We There Yet
6573
|
Posted - 2014.09.08 10:46:00 -
[35] - Quote
Amarr Citizen 1312151005 wrote:Jarod Garamonde wrote:Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
Your numbers are made-up and stupid. Your rumor-mongering deserves a lock. Contract all your stuff to me, and biomass your toons. http://www.gamesindustry.biz/articles/2014-04-15-ccp-drops-into-red-losing-USD21m-in-fy-2013They spent 40 Million In R&D. So his numbers have some factual backing. Stop being a CCP fan boy and getting mad when someone says something mean about "your game" I know you live and breath EVE but I could never understand why people take it as a personal attack when someone says something bad about EVE. https://www.ccpgames.com/media/47381/ccp%20financial%20statements%20june%2030%202013.pdfCCP does not make much profit at the end of the day so even a loss of 23M is a huge deal. and even after all the lay offs they were still in the RED. Red means they had to spend money out of pocket to run the business for that year. Do some damn research so someone else doesn't have to do it just to make you look like the idiot you are.
You do realize they actually didn't spend or lose that money that year. What they did was scrap projects, that were a drain on their resources and marked the estimated value of those investments as a negative, since they weren't going to produce a profit. This reduces their expenses, their income stream didn't plummet and they get to put a big negative number on their balance sheet, which probably just allows them to reduce the amount of taxes they have to pay. So a stable amount of money still coming in and a reduction in expenses. All of it puts CCP in a much better position financially then they used to be. |
Spurty
V0LTA
Triumvirate.
1404
|
Posted - 2014.09.08 10:59:00 -
[36] - Quote
Destination skill queue with the best answer in my mind
EVE is broken but we carry on paying and playing as we know they have the talent to fix it.
As with all good love affairs, the the good times will outshine the bad.
*signature is not allowed on the EVE Online forums* |
Derrick Miles
EVENumbers
5965
|
Posted - 2014.09.08 11:16:00 -
[37] - Quote
I'm guessing you're referring to this financial statement, and mangling the facts horribly.
CCP spent 56.6 million in R&D last year and so their total loss for the year was 21.3 million. That was 40 million more in R&D than the year before, so if they had spent the same as last year on R&D, how much would they have made this year?
And for the record, spending money on R&D is not 'losing' money. It is important for any company to continue to expand and diversify in products and technologies. Even if their bid into World of Darkness didn't work, there are no guarantees in the game development business and rolling the dice in the first place is what counts. You'll notice that it hasn't stopped them from getting right back up and giving it another go with Valkyrie. |
Derrick Miles
EVENumbers
12411
|
Posted - 2014.09.08 11:16:29 -
[38] - Quote
I'm guessing you're referring to this financial statement, and mangling the facts horribly.
CCP spent 56.6 million in R&D last year and so their total loss for the year was 21.3 million. That was 40 million more in R&D than the year before, so if they had spent the same as last year on R&D, how much would they have made this year?
And for the record, spending money on R&D is not 'losing' money. It is important for any company to continue to expand and diversify in products and technologies. Even if their bid into World of Darkness didn't work, there are no guarantees in the game development business and rolling the dice in the first place is what counts. You'll notice that it hasn't stopped them from getting right back up and giving it another go with Valkyrie. |
Charax Bouclier
Emerald Drama Theatrics
66
|
Posted - 2014.09.08 13:41:00 -
[39] - Quote
Derrick Miles wrote:I'm guessing you're referring to this financial statement, and mangling the facts horribly. CCP spent 56.6 million in R&D last year and so their total loss for the year was 21.3 million. That was 40 million more in R&D than the year before, so if they had spent the same as last year on R&D, how much would they have made this year? And for the record, spending money on R&D is not 'losing' money. It is important for any company to continue to expand and diversify in products and technologies. Even if their bid into World of Darkness didn't work, there are no guarantees in the game development business and rolling the dice in the first place is what counts. You'll notice that it hasn't stopped them from getting right back up and giving it another go with Valkyrie.
Yep.
CCP still has 67M of development costs sitting on the balance sheet as asset. If a project doesn't work out, they write off that asset as an expense (like what they just did), which is why you saw that blip.
If they were writing off all their development costs, THEN you might be concerned, but hopefully so,e of their projects WILL hit, generating some solid long-term profitability. It's expected that you will see some write-offs in the interim when they cancel stuff they are working on. Better to fail sooner and write it off than to keep throwing cash at it.
Basically, this isn't much of a story except for people who cannot read financial statements and fixate on a non-cash flow bottom line loss number. I guess there are a few trolls who revel in the "sky is falling" mantra.
Edit: Just to give you guys some perspective:
Cash flow from operations: $23.1M
Cash spent on development: $26.6M
Cash spent on financing (largely repayments): $2.6M
If the company flat out stopped development on new projects, they'd be bringing in a nice chunk of cash each year. |
Charax Bouclier
Silvershield Universal
141
|
Posted - 2014.09.08 13:41:37 -
[40] - Quote
Derrick Miles wrote:I'm guessing you're referring to this financial statement, and mangling the facts horribly. CCP spent 56.6 million in R&D last year and so their total loss for the year was 21.3 million. That was 40 million more in R&D than the year before, so if they had spent the same as last year on R&D, how much would they have made this year? And for the record, spending money on R&D is not 'losing' money. It is important for any company to continue to expand and diversify in products and technologies. Even if their bid into World of Darkness didn't work, there are no guarantees in the game development business and rolling the dice in the first place is what counts. You'll notice that it hasn't stopped them from getting right back up and giving it another go with Valkyrie.
Yep.
CCP still has 67M of development costs sitting on the balance sheet as asset. If a project doesn't work out, they write off that asset as an expense (like what they just did), which is why you saw that blip.
If they were writing off all their development costs, THEN you might be concerned, but hopefully so,e of their projects WILL hit, generating some solid long-term profitability. It's expected that you will see some write-offs in the interim when they cancel stuff they are working on. Better to fail sooner and write it off than to keep throwing cash at it.
Basically, this isn't much of a story except for people who cannot read financial statements and fixate on a non-cash flow bottom line loss number. I guess there are a few trolls who revel in the "sky is falling" mantra.
Edit: Just to give you guys some perspective:
Cash flow from operations: $23.1M
Cash spent on development: $26.6M
Cash spent on financing (largely repayments): $2.6M
If the company flat out stopped development on new projects, they'd be bringing in a nice chunk of cash each year. |
Jarod Garamonde
Sardaukar Merc Guild
General Tso's Alliance
1958
|
Posted - 2014.09.08 14:43:00 -
[41] - Quote
Amarr Citizen 1312151005 wrote:
"spent" is totally different from "lost". It's not my fault his reading comprehension is bad.
Quote:Stop being a CCP fan boy and getting mad when someone says something mean about "your game"
I'm not "fanboy'ing", I'm correcting willfully stupid misinformation. You should see me when someone says "vaccines cause autism".... it's a thousand times worse.
Quote:I know you live and breath EVE but I could never understand why people take it as a personal attack when someone says something bad about EVE.
Actually, I spend more time wrenching on my project car and going to college than I do on EVE. So, insult fail.
Quote:https://www.ccpgames.com/media/47381/ccp%20financial%20statements%20june%2030%202013.pdf
CCP does not make much profit at the end of the day so even a loss of 23M is a huge deal.
and even after all the lay offs they were still in the RED.
Red means they had to spend money out of pocket to run the business for that year.
Are you an accountant? Furthermore, are you CCP's accountant? What are your qualifications to determine all of this? Right now, you sound like you just want to stir up a panic, which is what even makes me pissy to begin with. Stop rabble-rousing and either play the damn game, or leave.
Quote:Do some damn research so someone else doesn't have to do it just to make you look like the idiot you are.
My research begins and ends with "subscription numbers are up and I can still log into the game". What more do I need to know?
You mouthbreathers have been saying "EVE is dying" for 11 1/2 years, and it's going nowhere but up (except the Summer of Rage hiccup). So, kindly sit down, shut up, and leave the rest of us alone.
That moment when you realize the crazy lady with all the cats was right... |
Jarod Garamonde
Sardaukar Merc Guild
General Tso's Alliance
2281
|
Posted - 2014.09.08 14:43:14 -
[42] - Quote
Amarr Citizen 1312151005 wrote:
"spent" is totally different from "lost". And that number is still highly exaggerated. It's not my fault his reading comprehension is bad.
(Note: that written-off amount was accrued over the course of 5 years. Comprehension is your friend)
Quote:Stop being a CCP fan boy and getting mad when someone says something mean about "your game"
I'm not "fanboy'ing", I'm correcting willfully stupid misinformation. You should see me when someone says "vaccines cause autism".... it's a thousand times worse.
Quote:I know you live and breath EVE but I could never understand why people take it as a personal attack when someone says something bad about EVE.
Actually, I spend more time wrenching on my project car and going to college than I do on EVE. So, insult fail.
Quote:https://www.ccpgames.com/media/47381/ccp%20financial%20statements%20june%2030%202013.pdf
CCP does not make much profit at the end of the day so even a loss of 23M is a huge deal.
and even after all the lay offs they were still in the RED.
Red means they had to spend money out of pocket to run the business for that year.
Are you an accountant? Furthermore, are you CCP's accountant? What are your qualifications to determine all of this? Right now, you sound like you just want to stir up a panic, which is what even makes me pissy to begin with. Stop rabble-rousing and either play the damn game, or leave.
Quote:Do some damn research so someone else doesn't have to do it just to make you look like the idiot you are.
My research begins and ends with "subscription numbers are up and I can still log into the game". What more do I need to know?
You mouthbreathers have been saying "EVE is dying" for 11 1/2 years, and it's going nowhere but up (except the Summer of Rage hiccup). So, kindly sit down, shut up, and leave the rest of us alone.
(PS: reading conjecture-ridden biased blogs writ by basement-dwelling neckbeards who end their "journalism" entries with "#GamerGate", isn't research. That's called the rumor mill)
That moment when you realize the crazy lady with all the cats was right...
[#savethelance]
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Arla Sarain
73
|
Posted - 2014.09.08 14:48:00 -
[43] - Quote
WIS is coming! |
Arla Sarain
150
|
Posted - 2014.09.08 14:48:53 -
[44] - Quote
WIS is coming! |
Persifonne
Monkey Demons Of Narnia
39
|
Posted - 2014.11.29 06:02:26 -
[45] - Quote
What were they researching? How OP scorch is and that it needs a 2% nerf? |
Cristl
Perkone
Caldari State
217
|
Posted - 2014.11.29 06:07:30 -
[46] - Quote
It lives again! |
Herzog Wolfhammer
Sigma Special Tactics Group
5743
|
Posted - 2014.11.29 07:56:24 -
[47] - Quote
There are only two things that rise from the dead.
And threads are one of them.
Bring back DEEEEP Space!
|
Persifonne
Monkey Demons Of Narnia
40
|
Posted - 2014.11.29 07:58:10 -
[48] - Quote
It was accident. Mistake. Mishap. Error |
Akrasjel Lanate
Naquatech Conglomerate
Naquatech Syndicate
1606
|
Posted - 2014.11.29 08:40:17 -
[49] - Quote
Lost or maby invested in R&D
Akrasjel Lanate
General Director(CEO) of Naquatech Conglomerate
Executor of Naquatech Syndicate
Citizen of Solitude
|
Tarpedo
Incursionista
1414
|
Posted - 2014.11.29 08:51:13 -
[50] - Quote
Don't worry - literally every feature of EVE can be found in other spaceship MMO games now, often with higher quality. Except for territorial warfare - which isn't that much different from PvE grind.
Another reason not to worry - shutdown of WoD and Dust development has resulted in reanimation of EVE development. |
Gully Alex Foyle
Black Fox Marauders
Spaceship Bebop
2493
|
Posted - 2014.11.29 08:53:49 -
[51] - Quote
Don Aubaris wrote:And now serious : CCP just cleaned up their books. A lot of mismanagement and hot air got cleaned out. It doesn't mean they actually spend that money. They just scrapped money that wasn't there anymore anyway. Don't you just love bookkeeping. Basically, this.
Looking at the balance sheets from the outside, the impression is that CCP for the last years have made lots of money from EVE and spent it on other projects (WoD, Dust, etc.).
But WoD has been scrapped and Dust probably isn't making much money at the moment.
So, from the shareholders' point of view, they wasted money. That can happen to any company that is taking risks on new projects, especially in these troubled economic times. Only a high-level insider can know if, in CCP's case, it was more bad luck or bad management, or both.
OTOH, a large proportion of that money went to paying devs, so from the devs' point of view, it was money well spent while it lasted.
Make space glamorous!
Is EVE dying or not? Ask the EVE-O Death-o-meter!
|
Ocih
Space Mermaids
Somethin Awfull Forums
828
|
Posted - 2014.11.29 09:10:16 -
[52] - Quote
Maybe they should have invested in PI... |
Indahmawar Fazmarai
3323
|
Posted - 2014.11.29 10:09:19 -
[53] - Quote
Oh look, a necro.
The Greater Fool Bar is now open for business, 24/7. Come and have drinks and fun somewhere between RL and New Eden! Ingame chat channel: The Greater Fool Bar
|
Baneken
Arctic Light Inc.
Arctic Light
390
|
Posted - 2014.11.29 10:24:14 -
[54] - Quote
Indahmawar Fazmarai wrote:Oh look, a necro.
Yeah, nothing like a stale thread freshly dug from a grave. |
Serene Repose
1672
|
Posted - 2014.11.29 10:36:04 -
[55] - Quote
Yah, speaking Icelandic is my thing. After I learned that, I dove right into Icelandic corporate holdings reports!
It was either that or the Icelandic phone book. I'd look for Eric The Red first, and if het's not there...what's Icelandic for pizza? *checks notes*
I have sworn upon the altar of God eternal hostility toward every form of tyranny over the mind of man.-á
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Tollen Gallen
Glory of Reprisal Enterprise
8712
|
Posted - 2014.11.29 11:16:20 -
[56] - Quote
Kaarous Aldurald wrote:Abrazzar wrote:Wasn't all the work done for World of Darkness written off under R&D? Yes. That is the bulk of the amount the OP is talking about. When you look at it that way, they actually have a pretty decent net gain, once they cut out all the pork.
I like Bacon.
Zimmy Zeta - I f*cking love martinis. the original ones, with gin, not that vodka martini crap.
Your old Friends can use me for 7 days, free!!!
|
Tarpedo
Incursionista
1414
|
Posted - 2014.11.29 11:31:38 -
[57] - Quote
Indahmawar Fazmarai wrote:Oh look, a necro.
And I thought it's Morganta returned to the forum... |
Tear Jar
Emolgranlan Code Enforcement Branch
171
|
Posted - 2014.11.29 14:19:05 -
[58] - Quote
Morganta wrote:there appear to be reports circulating stating a new game has been scraped and in the last 18 months eve lost 44 million bucks on R&D yet only makes about 6 million or less a year???
is there an existing discussion about this? is there official news?
what got scrapped?
should I just "not worry, it will be all right?"
is this just propaganda from the RSI people?
Its accurate. You see, CCP is terrible at making games other than Eve(which itself has a ton of flaws, but no real competition). THey have lost(and continue to lose) a ton of money off of trying to make other games. |
Tear Jar
Emolgranlan Code Enforcement Branch
171
|
Posted - 2014.11.29 14:22:45 -
[59] - Quote
Scipio Artelius wrote:Well it seems the servers are still up, so I think I'll leave the financial issues to CCP and concentrate on playing the game.
When the server doesn't come up anymore, then I'll have a meltdown. The forums better still be open then. My thread-naught is going to be epic.
Even if CCP goes under its unlikely Eve is going to shut down(unless Eve itself starts losing serious money).
Most likely it will be sold off to another company like EA who will try to squeeze everything they can out of it. |
Tear Jar
Emolgranlan Code Enforcement Branch
171
|
Posted - 2014.11.29 14:27:55 -
[60] - Quote
Derrick Miles wrote:I'm guessing you're referring to this financial statement, and mangling the facts horribly. CCP spent 56.6 million in R&D last year and so their total loss for the year was 21.3 million. That was 40 million more in R&D than the year before, so if they had spent the same as last year on R&D, how much would they have made this year? And for the record, spending money on R&D is not 'losing' money. It is important for any company to continue to expand and diversify in products and technologies. Even if their bid into World of Darkness didn't work, there are no guarantees in the game development business and rolling the dice in the first place is what counts. You'll notice that it hasn't stopped them from getting right back up and giving it another go with Valkyrie.
Expanding and diversifying is only a good idea if you can actually make profitable projects. Otherwise you are better off focusing on current projects and giving the profits to shareholders. |
ISD Dorrim Barstorlode
ISD Community Communications Liaisons
3497
|
Posted - 2014.11.29 15:29:45 -
[61] - Quote
Quote:13. Spamming is prohibited.
Spam is defined as the repetitive posting of the same topic or nonsensical post that has no substance and is often designed to annoy other forum users. This can include the words GÇ£firstGÇ¥, GÇ£go back to insert other game nameGÇ¥ and other such posts that contribute no value to forum discussion. Spamming also includes the posting of ASCII art within a forum post, or the practice of GÇ£thread necromancyGÇ¥ which involved bumping of old threads for no justifiable reason.
Did you know when the rules got updated, there was a clear ruling on the practice of playing necromancer? Now you had the Necronomicon like a real one if you want to do it!
Thread closed.
ISD Dorrim Barstorlode
Captain
Community Communication Liaisons (CCLs)
Interstellar Services Department
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