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Almost 90% of Games Workshop’s royalty income is from PC and console Warhammer games

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July 30, 2019 This article has been updated to include Games Workshop’s financial report.

Games Workshop – the company behind the Warhammer tabletop games – is having a pretty good year. In fact, it’s had a pretty good three years in a row, with a sizeable increase in royalty income, almost all of which comes from Warhammer videogames. In its latest annual financial report (available via Games Workshop), the wargaming company announces record-breaking financial growth for those last three years, and a £1.7 million increase in royalty income to £11.4 million. 87% of this is from PC and console videogames, with a further 7% from mobile games. CEO Kevin Rountree attributes this especially “to the strong performances of Total War: Warhammer II and Warhammer: Vermintide 2”. In a statement given to PCGamesN, Kate Heseltine, analyst at Edison Investment Research, says “few retailers can boast three consecutive years of record-breaking growth in the current climate. Games Workshop, the global leader for tabletop miniature gaming, has reported FY19 sales growth of 16% to £256.6m”.

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