Take-Two Interactive’s 2015 profits show Grand Theft Auto’s power

You have a great year when you launch a new Grand Theft Auto. You can still have a good year when you just port it to new platforms.

The company reported today a GAAP (generally accepted accounting principles) net revenue of $1.083 billion for fiscal year 2015, which ended on March 31. That’s down from $2.351 billion for fiscal year 2014. Non-GAAP net revenue was at $1.669 billion, down from $2.414 billion for fiscal year 2014. Non-GAAP revenues got help from digital sales, which were up 42 percent year over year at a record $616 million for the company. Revenue for recurrent consumer spending, which means in-game purchases and downloadable content in titles like Grand Theft Auto Online and Evolve, grew 45 percent year-over-year.