Hopefully, IO Interactive will be able to weather the long production cycles for both games, especially Project 007 since it looks like a fantastic marriage between the Hitman gameplay and an iconic agent. So from the developer’s standpoint, both of these games may not see an official release until 2025. It would be higher if the games it’s working on, including Project 007 and Project Dragon, were released during this time, but that’s not the current projection.
To parse this, IO Interactive anticipates lower revenue for both Fiscal Year 20, which ends on March 25, 2025. More precisely fiscal 24 and 25 estimates show a significant decrease.” This is due to long production phases ahead, before the next releases hit the market. There is a risk the next couple of calendar years, the EBITDA and profits will drop. “We had a couple of years with solid revenue and profits, due to the launch of a title. Near the middle of the developer’s annual report for 2021-22 (as spotted by DarkDetective on Twitter), a management review paints a sobering but realistic outlook for the next few years for the company: IO Interactive’s financial report expects “long production phases” for upcoming games While Project 007 was revealed in November 2020, no official release date or window for the game has been set since then. This may also apply to another game in the works codenamed Project Dragon, a fantasy RPG that could be an Xbox exclusive.
The latest financial report from IO Interactive, the developers of the Hitman series, suggests that its new James Bond game codenamed Project 007 may not release before 2025.
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