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.
02
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.
03
Operational capacity was expanded through seven acquisitions, including Versus Evil and Red Cerberus, which bolstered internal publishing, QA, and development capabilities.
04
The Hello Neighbor franchise remains a core asset, surpassing 70 million total downloads and successfully transitioning into a broader multimedia brand.
05
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.
06
The company ended 2021 with a strong liquidity position of $48.8 million in cash and total assets of $122.4 million.
07
The current development pipeline includes over 30 titles supported by a data-centric marketing strategy that utilizes thousands of influencers.
Insights
01
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.
02
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.
03
Operational capacity was expanded through seven acquisitions, including Versus Evil and Red Cerberus, which bolstered internal publishing, QA, and development capabilities.
04
The Hello Neighbor franchise remains a core asset, surpassing 70 million total downloads and successfully transitioning into a broader multimedia brand.
05
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.
06
The company ended 2021 with a strong liquidity position of $48.8 million in cash and total assets of $122.4 million.
07
The current development pipeline includes over 30 titles supported by a data-centric marketing strategy that utilizes thousands of influencers.