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REMEDY Business progressed as planned , outlook unchanged Remedy Entertainment Plc | Company announcement 09:00 am ( EET ) 12 November 2021 BUSINESS REVIEW January- September 2021 ( unaudited ) Alan Wake Remastered announced and completed for launch HIGHLIGHTS IN JULY - SEPTEMBER 2021 Revenue was 7 398 ( 9 914 ) thousand euros and decreased -25.4 % year - on - year primarily due to a decline in Control royalties and reduced development fees from our Smilegate partnership . Operating profit ( EBIT ) was 290 ( 3 443 ) thousand euros . The decrease was mainly due to a very strong comparison period thanks to high - margin royalties from Control . Operating profit margin was 3.9 % ( 34.7 % ) . ● ● In September , the game Alan Wake Remastered was announced and its launch was confirmed to take place in October 2021 . The larger of two Epic Games Publishing projects entered full production . Strengthening Remedy's presence in Sweden progressed . HIGHLIGHTS IN JANUARY - SEPTEMBER 2021 Revenue 24 931 ( 26 885 ) thousand euros , change -7.3 % . Operating profit ( EBIT ) 3 445 ( 6 604 ) thousand euros , 13.8 % ( 24.6 % ) of revenue . In June , Remedy signed a co - publishing and development agreement with 505 Games for a multiplayer spin - off game of the award - winning Control . Collaboration terms for a future , bigger budget Control - game were also agreed . In February , Remedy raised 41 500 thousand euros through a directed offering of new shares to a limited number of domestic and international institutional investors in an accelerated book - building process . In February , Control Ultimate Edition was released on PlayStation 5 and Xbox Series X | S .