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tinyBuild Inc. ( (GB:TBLD) ) has shared an announcement.
tinyBuild Inc. reported a trading update for the fiscal year ending December 31, 2024, indicating that revenue and adjusted EBITDA were broadly in line with expectations. The company is managing its cash resources carefully amidst challenging industry conditions, with a focus on launching new high-potential games in 2025, such as Kingmakers and Streets of Rogue 2. The pipeline for 2025 appears strong with several upcoming releases garnering significant interest on platforms like Steam. tinyBuild is maintaining discipline in its investment strategies and continues to assess strategic opportunities within its intellectual property portfolio. Despite the macroeconomic challenges and the conflict in Ukraine, the board remains confident in meeting performance expectations.
More about tinyBuild Inc.
Founded in 2013, tinyBuild Inc. is a global video games publisher and developer, known for its extensive catalogue of over 70 premium titles across various genres. The company focuses on creating multi-game and multimedia franchises by leveraging its own intellectual property in collaboration with developers. Headquartered in the USA, tinyBuild operates across the Americas and Europe, utilizing a broad geographical reach to source high-potential IP and cost-effective development resources.
YTD Price Performance: -7.14%
Average Trading Volume: 338,488
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £25.82M
For detailed information about TBLD stock, go to TipRanks’ Stock Analysis page.
