Heart Machine

Devolver Digital Unaudited Results: Six Months Ended 30 June 2024

Devolver Digital, Inc., an indie video game publisher and developer registered in Wilmington, Delaware, released unaudited results for the six months ended 30 June 2024, prepared under IFRS and presented on a group basis.

• Group revenue rose 18% to US$51.6 million in the first half of 2024, with gross profit up 62% to US$15.3 million.
• Back catalogue titles generated 89% of game sales revenues in 1H 2024, up from 87% a year earlier.
• Adjusted EBITDA before performance-related impairments was a US$4.7 million profit, compared with a US$2.5 million loss in 1H 2023.