Key insights
7 takeaways · ~3 min read- 01tinyBuild achieved record growth in 2021 through mergers and acquisitions and organically, and listed on the London Stock Exchange on March 9, 2021.See it on page 6
- 02The company's back catalog revenue has consistently grown, representing 51% of gaming revenue in FY17, increasing to 83% in FY19, and settling at 79% in FY21.See it on page 8
- 03tinyBuild has a strong focus on influencer marketing, having achieved over 5 billion content-related views on YouTube by December 31, 2021, and maintaining relationships with over 10,000 verified influencers.See it on page 12
- 04tinyBuild is actively relocating staff from Ukraine due to the war, setting up a temporary location in the Balkans and planning a third studio in Western Europe to assist with relocation and visa processes.See it on page 20
- 05The company has a policy against 'crunching' and provided an extra week of holiday to all direct employees in 2021 as appreciation for their work during the pandemic.See it on page 19
- 06Goodwill arising from business acquisitions is not amortized but is tested annually for impairment, while other intangible assets like brands and customer relationships are amortized over 15 and 7 years, respectively.See it on page 45
- 07Property, plant, and equipment had a carrying amount of $569,000 as of December 31, 2021, down from $760,000 in 2020, with additions of $537,000 and disposals of $1,091,000 during 2021.See it on page 44
Summary
ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Strategic Report 3 Highlights of the year 5 Chairman’s statement 6 History and background 7 Strategy 9 Business model 11 Chief Executive’s review 16 Chief ...
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