- 01
tinyBuild achieved record 2020 financial results with revenue growing 35% to $37.6 million and adjusted EBITDA surging 99% to $15.3 million.
- 02
The company’s 'own-IP' strategy drove 70% of sales, with a resilient back catalogue contributing 75% of total annual revenue.
- 03
Operational efficiency is maintained by keeping marketing spend below 7% of revenue, supported by partnerships with over 10,000 influencers that generated 5 billion YouTube views.
- 04
Following a 2021 IPO that raised $50 million, the company is executing an 'acquihire' strategy to integrate development teams and build a pipeline of 21 upcoming titles.
- 05
The business faces significant concentration risk, with 70% of revenue derived from its top five titles and a heavy reliance on seven major third-party distribution platforms.
- 06
As of December 31, 2020, the company transitioned to a public entity on the London AIM, ending the year debt-free with a net cash position of $26.3 million.