Second Wind - Q2 2025 Financial Report + Upcoming Plans

Hey folks!

It's time for yet another quarterly report and I'm happy to say it's pretty much all good news this time around!

/ REPORT BREAKDOWN

Note: We've added unpaid contracts to the report which means these are contracts we've already signed, but have yet to complete and be paid for. These amounts are marked with ( ) in their columns and listed in the summary. They are not included in the net profit, loss, or warchest in the report.

I'm very happy to report that Second Wind is back to being profitable as of Q2 2025! This was the goal I set for us at the end of last year and I'm proud that we've been able to achieve it.

This was achieved in part by the entire team taking some pay cuts to adjust for our current Patreon income, but we've also continued to see strong sponsor performance, our YouTube revenue has stayed consistent, and of course Lost & Found has quickly become a big revenue driver for us.

If you notice a drop in Patreon income on the report compared to Q1, this was expected as we have a lot of annual resigns in January that give us a nice big boost at the start of the year.

Our goal is still to get back to $45,000 a month here on Patreon, and we've made a sizable dent in achieving that goal over the last few months. Thanks to everyone that has signed up or upgraded this year to help us move in that direction.

The big change you'll notice in this report is our Lost & Found income, which is our new work for hire arm of Second Wind. We kicked things off with The Darkest Files at the start of the year as a pro-bono project to get us on the map. Our first paid client was The Horror at Highrook, and now we're currently wrapping up work on the next game from Surgent Studios, Dead Take.

We're also excited and honored to announce today that we've been commissioned to produce a documentary for ArenaNet to help celebrate the 20th Anniversary of the Guild Wars franchise. We leave for Seattle this weekend to get that filmed and it will be out later this year.

Lastly, we're working on getting some additional revenue streams going by FINALLY getting our audio podcasts monetized through Spotify (monetizing podcasts is a pain), and doing some experimenting with TikTok by creating specific channels for some of our Shorts series.

We have two ready to go now with a channel specific to Have You Seen This Game? and another for Dungeons and Dragons shorts by Jack and Jesse. We are planning to port Fully Ramblomatic episodes to the platform as well, that channel will be available soon.

It has been a lot of hard work to undo the damage to our business from last year, but I'm extremely proud of the team and the community for pushing through it and we're back on solid ground with a steady path forward for the business.

/ UPCOMING PLANS

For the rest of the year, we're going to be mostly focused on continuing to refine our current shows, merchandise, and some other aspects of the business like our collaborations and audio podcasts which we've finally gotten monetized through Spotify, so you'll see that on our next report as a new revenue stream.

I think we have an extremely steady and solid line-up of shows right now and we want to focus on those for the time being rather than trying to launch anything new right now.

However, we've been having a lot of fun with the experimental videos perk that we now offer here on Patreon each month, and the team is excited to continue doing those, and who knows, maybe some of those will become regular stapes of the channel.

As for shows you've been waiting to see more of.

We have a new episode of Storycraft from Jess Hoops dropping this Thursday, and on Monday you'll have a new episode of Game Arcadia from Jenna Stoeber. The goal is to get one of these out a month, so expect more consistency from those shows going forward.

Season 4 of Adventure is Nigh just wrapped as well, which means we're now in the planning stages of Season 5. We'll have more updates to share on that later this year!

We're also deep in editing on the Adventure is Nigh x Balatro one-shot we announced earlier this year. We plan to have that out to you before the end of the Summer.

The interview podcast I have been working on as a Patreon exclusive is getting proper branding soon and will be released publicly on audio platforms. No plans to have it as a weekly release or anything like that, but will do episodes when I have a good idea and subject for an interview.

We also have a ton of events planned for the rest of the year. Here's some upcoming dates to put on your calendars:

• 8 More Hours of Persona 5 - August 2nd

• Second Wind Mid-Year Fundraiser - August 16th

• Gamescom Opening Night Live - August 19th

• Second Wind Night of Horror - October 30

Plenty to look forward to on Second Wind for the rest of the year.

As always, thank you for sticking with us and supporting us, and we welcome your feedback, ideas, or suggestions!

Until next time,

Nick Calandra

Editor-in-Chief