Everplay Group Plc (EVPL) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Speaker 1: Good morning everyone and thank you for joining Everplace's 2026 Speaker 1: Interim Results presentation. Speaker 1: I am joined today by Rashid Varasha, our CFO and COO. Speaker 1: I'll start out with an overview of the group's operational and strategic progress in the 1st 0.5. Then Rashid will take you through the financial review, and finally I'll return to cover our strategy and the outlook. Speaker 1: The 1st 0.5 of 2026 Speaker 1: was a period of solid progress within the company, preparing for a very strong 2nd 0.5 of the year. Speaker 1: We had no large launches during the 1st 0.5, as well as a delay in the launch of Hell Let Loose Vietnam, which naturally impacted the results. Speaker 1: Excluding Speaker 1: the impacts of our exit from physical distribution, Speaker 1: group revenues declined 5% year-on-year Speaker 1: to £67 million, Speaker 1: which we think was a very respectable performance Speaker 1: leading up to all our big launches in the 2nd 0.5. Speaker 1: Our resilient back catalog yet again delivered very strongly, with revenues growing in the 0.5, which we of course are very happy about. Speaker 1: We released 6 smaller new games in the 1st 0.5, which were mostly well-received Speaker 1: but didn't quite match the hugely successful breakout Speaker 1: Date Everything in H1 last year. Speaker 1: The key focus during the 1st 0.5 was preparing for and investing in our major new releases in the 2nd 0.5, Speaker 1: foremost Hell let loose Vietnam Speaker 1: and war dogs. Speaker 1: This of course resulted in a very significant Speaker 1: H2 rating this year, which was as expected and already communicated. Speaker 1: As a result, Adjusted EBITDA came in lower than last year at 9 million pounds. Speaker 1: We progressed with several strateg...