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Versus Evil

Company

Documents about Versus Evil

Cover of FY 2025 Results Presentation
Financial report27 pages

FY 2025 Results Presentation

tinyBuild's FY 2025 results mark a return to growth and a swing to positive profitability, driven by its shift toward owned intellectual property and tighter cost control.

  • tinyBuild achieved a financial turnaround in FY 2025, reporting an adjusted EBITDA of $5.6 million compared to a $6.1 million loss in the previous year.
  • Consolidated revenues grew 19% year-over-year to $35.5 million, with 86% of that total generated by the company's own-IP portfolio.
  • Software development investment was reduced to $11.8 million from $19.3 million in FY 2024, reflecting a more disciplined focus on a 40-project pipeline.
tinyBuildMar 2026
Cover of Shareholder Circular
Regulatory notice64 pages

Shareholder Circular

TinyBuild, Inc. is undertaking a critical fundraising initiative to raise approximately $14.16 million (£10.3 million) to address a severe liquidity crisis.

  • TinyBuild faces a critical liquidity crisis and potential Chapter 11 insolvency if it fails to secure $14.16 million (£10.3 million) in new capital by January 2024.
  • The fundraising strategy includes a share issuance priced at 5 pence, a $2 million private placement from Atari, and an open offer for existing stockholders.
  • CEO Alex Nichiporchik is underwriting up to $10 million of the raise, a move that could increase his ownership stake from 37.8% to 59.1% and requires a regulatory 'whitewash' waiver.
tinyBuildMar 2024
Cover of Annual Report and Consolidated Financial Statements for the Year Ended 31 December 2021
Financial report66 pages

Annual Report and Consolidated Financial Statements for the Year Ended 31 December 2021

The 2021 fiscal year marked a transformative period for tinyBuild as it successfully transitioned to a public company via a March IPO on the London Stock Exchange’s AIM market.

  • In 2021, tinyBuild achieved record financial performance following its March IPO, with consolidated revenue increasing 39% to $52.2 million and Adjusted EBITDA growing 46% to $22.2 million.
  • The company’s revenue is heavily driven by its own-IP portfolio and back-catalogue, which accounted for 81% and 83% of total sales, respectively.
  • Operational capacity was expanded through seven acquisitions, including Versus Evil and Red Cerberus, which bolstered internal publishing, QA, and development capabilities.
tinyBuildApr 2022