During tonight's Take-Two financial report, we were all eagerly waiting to see if there was any kind of hint about Grand Theft Auto 6 appearing in the report. In the end, we got what we wanted. There has been a profit of approximately 5.35 billion dollars reported by Take-Two in its previous fiscal year, but what is of more significance to us is what this company has planned for the future as we move forward.
It is expected that Take-Two's financial results will be about the same in the current fiscal year, which ends at the end of March 2024, however, this American company expects that its earnings will increase dramatically starting on April 1, 2024.
"We believe we will enter the next phase of the company's development in fiscal year 2025, when we plan to deliver several revolutionary titles that we expect will set new quality standards in the industry and enable us to generate over $8 billion in net earnings," Take-Two executives said.
GTA 6: Take-Two explains
In the context of GTA 6, which has been in development since 2018, and will ultimately shift at least half a billion dollars in development costs, Take-Two explained that from April 2024 the company will begin reaping the benefits of years of huge investments.
This is certainly understandable given the amount of time taken to develop GTA 6. It is not surprising to find that Take-Two was able to maintain enviable financial results year after year despite producing some of the most expensive productions ever seen in the gaming industry, most notably GTA Online and NBA 2K.
It is true that Take-Two shows its future potential through several gaming titles that are considered to be monumental in the future, but it is impossible to ignore GTA 6. There is only a few days left until the countdown begins. During the next 11 to 23 months, we may be able to play GTA 6 at any given time.