Updated Mar 17, 2026 by tinyBuild
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.
The *Hello Neighbor* franchise remains a core asset, surpassing 70 million total downloads and successfully transitioning into a broader multimedia brand.
Management executed a large-scale staff relocation program from Ukraine to the Balkans and Western Europe to mitigate geopolitical risks, despite the region contributing less than 5% of annual revenue.
The company ended 2021 with a strong liquidity position of $48.8 million in cash and total assets of $122.4 million.
The current development pipeline includes over 30 titles supported by a data-centric marketing strategy that utilizes thousands of influencers.
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.
The *Hello Neighbor* franchise remains a core asset, surpassing 70 million total downloads and successfully transitioning into a broader multimedia brand.
Management executed a large-scale staff relocation program from Ukraine to the Balkans and Western Europe to mitigate geopolitical risks, despite the region contributing less than 5% of annual revenue.
The company ended 2021 with a strong liquidity position of $48.8 million in cash and total assets of $122.4 million.
The current development pipeline includes over 30 titles supported by a data-centric marketing strategy that utilizes thousands of influencers.