Overview of Everplay Group's Results#
Everplay Group announced its full-year results on Tuesday, revealing a stable performance for the fiscal year 2025 (FY25). The interactive entertainment company reported revenues of £166 million, which remained flat compared to the previous year. However, adjusted EBITDA, a measure of earnings before interest, taxes, depreciation, and amortization, increased by 11% to £48.5 million, aligning closely with market expectations.
Financial Highlights#
The company's profit margins improved, rising by 3.1 percentage points to 29.2%. Despite a decrease in cash balance from £62.9 million to £51.9 million due to dividend payments and merger activities, Everplay proposed a final dividend of 1.9 pence per share, totaling 2.9 pence for the year.
Future Expectations#
Looking ahead to fiscal year 2026 (FY26), Everplay's management remains optimistic, confirming expectations to meet current market forecasts. Analysts predict a 5% revenue growth to £174 million and a 4% increase in EBITDA to £50.5 million. The company plans to release at least 15 new games and apps, including five first-party titles, which are developed in-house.
Performance of Intellectual Properties#
The performance of Everplay's intellectual properties (IPs) showed mixed results. First-party IPs, which are created by the company, declined by 9% year-over-year, making up 34% of revenues. However, there was a notable 11% growth in the second half of FY25. In contrast, third-party IPs, which are developed by other companies, increased by 4%, driven by popular franchises like Team17 and StoryToys.
Overall, while back catalogue revenues fell by 13%, new releases saw an impressive 80% increase, particularly highlighted by the success of the game "Date Everything!"