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Steam made an estimated $1.7 billion in September, an all-time new record (www.tweaktown.com)
submitted 1 month ago by to c/pcgaming@lemmy.ca
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[–] 3 points 1 month ago (7 children)

Profit margin is company wide metric, calculated from financial statements. It includes all the products&services company produces

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  • [–] 2 points 1 month ago* (last edited 1 month ago) (6 children)

    They don’t release financial statements, that 40% is entirely fabricated lol. Everything is estimates, it’s stated only about 100 times in the link.

    Hardware has higher profit ratio, it’s not 40%. Most is 30% from game sales, but hardware is almost 100%. That average is not even an estimate, it’s completely made up dude. It’s not 40%, I was asking them a question so the would rethink or provide the source, but clearly people believe the fake data they presented.

    There’s absolutely no way it’s only 40%. Games alone are 30% for third party, their own games is close to 100%. So those two alone average far over 40% and that’s not including hardware that’s almost solely profit.

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  • [–] 2 points 1 month ago (3 children)

    Profit margin % means share of revenue you get to keep after all the expenses

    Example: Say a game sold for 100€, revenue of valve is 30€, valve expenses on that sale is 18€, so actual profit is 12€.

    Data of private companies isn't required to published regularly but same as in the article, it can be voluntarily shared by the company.

    Calling it fabricated implies accounting fraud, which is serious legal offense (equivalent of accusing a person of murder). So, being skeptical of the numbers is a good investor mindset but throwing baseless accusations is punishable offense in itself

    Let's be civil, people

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  • [–] 3 points 1 month ago (2 children)

    I think they're saying you came up with that 40% number yourself. Did steam ever reveal that info?

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