Business
FY 2025 results ahead of expectations
tinyBuild, Inc. reported its audited FY 2025 results, showing revenue from continuing operations of $35.5 million, a 17% year-on-year increase, and a positive adjusted EBITDA of $5.6 million, a significant improvement from a $6.1 million loss in FY 2024. Cash from operating activities more than doubled to $12.7 million, and the company ended the year with $4.6 million in cash and cash equivalents. The company's own-IP titles now represent 86% of gaming revenue, driven by the success of "Deadside" on console, and the pipeline includes several new titles, with the board confident in delivering results in line with expectations despite market uncertainties. Disclaimer*
About this update from Tinybuild Inc.
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Group's obligations under Article 17 of MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n19 March 2026\n \ntinyBuild, Inc\n \n(\"tinyBuild\" or the \"Group\")\n \nFY 2025 results ahead of expectations\n \ntinyBuild (AIM:TBLD), a premium video games publisher and developer with global operations, is pleased to announce its audited results for the twelve months ended 31 December 2025.\n \nFinancial highlights:\n● Revenue from continuing operations (excluding Red Cerberus) of $35.5m (FY 2024: $30.4m), 17% year‑on‑year growth driven by a solid contribution from both new releases and the back catalogue.\n● Adjusted EBITDA¹ from continuing operations of $5.6m (FY 2024: $6.1m loss), a strong improvement due to favourable revenue mix and lower operating costs.\n● Cash from operating activities increased to $12.7m (FY 2024: $6.3m), mirroring the earnings uplift from higher-margin mix and tighter operating spend.\n● Cash and cash equivalents of $4.6m at 31 December 2025 (31 December 2024: $3.1m), and it is anticipated to reduce towards the spring as the Company continues to invest in a disciplined manner in upcoming game releases.\n\n1 Includes amortisation of Development costs. Excludes impairment of Development costs ($1.1m) and share-based compensation expenses (see note 6).\n \nOperational highlights:\n● Contribution from own-IP (first and second party) titles increased to 86% of Gaming revenues2 (FY 2024: 77%), primarily due to the success of Deadside release on console.\n● Back catalogue3 sales remained broadly stable at 88% of Gaming revenue2 (FY 2024: 87%), again thanks to Deadside performance also helped by evergreen franchises like Hello Neighbor.\n● Release of new titles such as The King is Watching, FEROCIOUS, Kill it with Fire 2 plus additions to catalogue titles such as version 1.0 of ...