Quick lesson in decoding: try and see what's missing. Let's start with this, "Fiscal 2012 was a year of creative, operational and strategic achievement by our Company," said Strauss Zelnick, Chairman and CEO of Take-Two.
Yes, you got it, whereas "creative, operational and strategic " are mentioned "Financial" isn't. This is because Take 2's GTA-less fiscal 2012 (March 31st 2011 to March 31st 2012), with no benefit from games like Red Dead Redemption nor a GTA, this has resulted in the following figures:
"For the fiscal year ended March 31, 2012, net revenue was $825.8 million, as compared to $1,136.9 million for the fiscal year ended March 31, 2011, which had benefited from the release of Red Dead Redemption."
This is thrown into sharper view by the fact that, "loss from continuing operations was $107.7 million... as compared to income from continuing operations of $53.8 million for the prior fiscal year."
So, what did well? According to Take 2, "The strongest contributors to net revenue in fiscal year 2012 were L.A. Noire, NBA 2K12, the Grand Theft Auto franchise, Duke Nukem Forever and Red Dead Redemption.
"Digitally delivered content accounted for 13% of net revenue, as compared to 9% in fiscal year 2011, driven by offerings for the Grand Theft Auto franchise, Red Dead Redemption, the Sid Meier's Civilization franchise, Borderlands and L.A. Noire."
So, that's every game then. Although the company made a loss. That's finance for you... or that's financial press releases.
Still and all, Max Payne 3 has sold three million copies, and it seems as if 2013 will have a GTA V release. So Fiscal 2013 is already looking better.