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Remedy Issue Profit Warning ‘Due to Weak Sales of FBC: Firebreak’

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Entertainment Remedy Issue Profit Warning 'Due to Weak Sales of FBC: Firebreak'

by
William D’Angelo
, posted 13 hours ago / 899 Views

Remedy Entertainment, the studio best known for developing the Alan Wake, Control, and Max Payne series, has issued a profit warning to investors due to lower than expected sales of PvE first-person shooter, FBC: Firebreak.

The studio has adjusted its long-term sales forecast for FBC: Firebreak, as well as lowering its 2025 outlook.

“Due to weak sales of FBC: Firebreak, Remedy lowers its long-term sales forecast for the game,” reads the press release. “Consequently, the company recognizes a non-cash impairment of EUR 14.9 million, representing a majority of the game’s capitalized development costs and allocated purchased publishing and distribution rights. The impairment has no effect on Remedy’s cash position.”

Remedy Entertainment CEO Tero Virtala stated, “Remedy is recognizing a non-cash impairment of capitalized development costs and allocated purchased publishing and distribution rights related to FBC: Firebreak. While we balance future investments to the title, we continue developing and improving the game in line with our updated long-term sales forecast.”

FBC: Firebreak released on June 17 for the PlayStation 5, Xbox Series X|S, PC via Steam and Epic Games Store, Xbox Game Pass, and PlayStation Plus Game Catalog. The game had surpassed one million players in its first 10 days on the market.

The first major update – Breakpoint – for FBC: Firebreak released on September 29. It “brought significant changes to the game’s core experience.” This did cause improved player and sales metrics, however, it has failed to reached Remedy’s internal targets.

A life-long and avid gamer, William D’Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky.

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