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Report: Assetto Corsa generated €21m in FY2021-2022

A press release by the Board of Directors of Digital Bros Group on the approved draft financial statements for the 2021-2022 fiscal year revealed on Thursday that Assetto Corsa reported sales of more than EUR 21 million.

The 2021-2022 financial year of Digital Bros Group ran from July 1, 2021 to June 30, 2022. Digital Bros is the owning company of 505 Games, which owns the development company Kunos Simulazioni, which developed both Assetto Corsa and Assetto Corsa Competizione.

This number could refer to the entire Assetto Corsa franchise, which would also include the titular Assetto Corsa simulator, released in 2014 on PC and in 2016 on PlayStation 4 and Xbox One. There is also Assetto Corsa Mobile for iPhone users, which was released in August 2021 in fiscal year 2021-2022.

#93 by Dominik Farnbacher/Ashton Harrison.

It probably also affects Assetto Corsa Competizione, the official video game of the GT World Challenge released for PC back in 2019, previous generation PlayStation and Xbox consoles in 2020 and the next generation consoles, the PlayStation 5 and Xbox Series X|S. earlier in 2022, as early as February.

The second page of the 14-page report reads: “The best-selling video game was that
Evergreen Assetto Corsa, group intellectual property that exceeded 21 million euros in sales.” Back in May, Ross reported that Assetto Corsa was also a leader in nine months of fiscal 2021-2022 at that point.

Looking at the full results, which are publicly available documents on Digital Bros’ corporate website for investors or anyone to access, the company as a whole appears to be down in gross income, EBITDA and net income/(loss) year over year . Operating margin and income / (loss) before tax were positive year-over-year changes.

Assetto Corsa, Vallelunga, Ferrari 488 Challenge-1

The Italy-based company also listed popular non-racing game titles like 2020’s Death Stranding for PC and 2019’s Control in its press release. Assetto Corsa’s racing sim managed to pull in more than both, which is a good thing for our beloved racing game genre.

While we don’t know of any planned Assetto Corsa properties for the upcoming 2022-2023 fiscal year, we do know that Assetto Corsa 2 is slated for release in 2024. Without new content for the brand, it may be rather unlikely that Assetto Corsa will continue to move forward in the next financial year, but again, who knows.

If you would like to take a look at the Board of Directors approved 14 page draft financial statements, they are available in the Digital Bros Financial News Releases section of the Investor Relations tab.

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