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Epic Games lost almost $181 million & $273 million on EGS in 2019 and 2020, respectively

A new court filing has revealed some interesting new details about Epic Games and Epic Games Store. According to the filling, Epic has lost around $181 million & $273 million on EGS in 2019 and 2020, respectively.

This basically means that Epic Games Store has not been profitable these past two years. Epic expects its store to turn a profit in 2023, though this sounds like an optimistic scenario. Furthermore, Epic’s exclusives are not that profitable for the company.

Additionally, EGS has currently more than 160 million registered users and more than 56 million monthly active users.

Lastly, the 12% distribution amount charged by EGS is sufficient to cover the operating costs of EGS.

It will be interesting to see whether EGS will become profitable in 2023. It will also be interesting to see whether Epic will keep signing up new exclusive deals in order to further increase its market share.

Stay tuned for more!