StoryToys
CompanyIreland · Founded 2011
Documents about StoryToys
Team17 Group Full Year Results Presentation: 2022
Team17 Group’s 2022 full-year results demonstrate significant financial and operational expansion, characterized by a 52% increase in total revenue to £137.4 million.
- Team17 Group reported a 52% increase in total revenue to £137.4 million for 2022, driven significantly by the acquisitions of astragon Entertainment and Team17 USA.
- Adjusted EBITDA rose by 37% to £48.8 million, supported by a 108% cash conversion rate and a year-end net cash position of £50.8 million.
- The company’s strategic shift toward owned intellectual property resulted in it accounting for 41% of total revenue, bolstered by titles such as Hell Let Loose and the Construction Simulator series.
Team17 Group H1 2023 Results
Team17 Group reported strong financial growth for the first half of 2023, achieving total revenues of £69.7 million, a 31% increase compared to the previous year.
- Team17 Group achieved £69.7 million in H1 2023 revenue, representing a 31% year-over-year increase.
- Adjusted EBITDA declined to £16.5 million from £18.2 million, driven by higher administrative and marketing costs, royalty payments, and shifts in sales mix.
- The back catalogue remains the company's primary revenue driver, accounting for 79% of total earnings.
Team17 FY23 Results Presentation
The Team17 Group fiscal year 2023 results presentation outlines the company’s operational performance and strategic roadmap within the global indie gaming sector.
- Team17 achieved £159 million in organic revenue for FY23, representing a 12% year-over-year increase.
- Adjusted EBITDA fell to £29.9 million from £48.8 million in the previous year, primarily due to non-cash impairment charges.
- The company's back catalogue remains a core revenue driver, accounting for 71% of total FY23 income.
Team17 Interim Results Presentation: 6 Months Ending 30 June 2024
The Team17 interim results for the six months ending June 30, 2024, demonstrate a period of robust financial growth and operational discipline.
- Team17 reported an 11% increase in organic revenue to £80.6 million and an 18% rise in adjusted EBITDA to £19.4 million for the six months ending June 30, 2024.
- The Games Label segment remains the primary revenue driver at 64% of group sales, fueled by a 54% surge in back-catalogue performance.
- First-party intellectual property now accounts for 42% of total group sales, reflecting a strategic shift toward internal franchise development.
Annual Report and Financial Statements 2021: Team17 Group
Team17 Group’s 2021 annual report outlines a period of robust financial expansion and strategic diversification within the global video game industry.
- Team17 achieved a 9% revenue increase to £90.5 million and an 18% rise in adjusted EBITDA to £35.8 million during the 2021 fiscal year.
- The company successfully diversified its portfolio across PC, console, and mobile platforms by acquiring StoryToys and securing the Hell Let Loose intellectual property.
- A successful share placement in early 2022 raised £78.6 million, providing the group with significant capital for future inorganic growth and acquisitions.
