Updated Mar 17, 2026 by tinyBuild
tinyBuild narrowed its net loss significantly in 2024 compared to the previous year's $62.9 million, despite a 22% revenue decline to $34.7 million and an operating loss of $20.4 million.
The company has shifted its strategy to focus on 'Own-IP,' which now generates 77% of total revenue, supported by a back catalogue that accounts for 87% of sales.
The Group maintains a debt-free balance sheet with $3.1 million in net cash, bolstered by an $11.4 million capital raise and a reduction in impairment charges from $48.1 million to $13.7 million.
Risk management is centered on a policy where no single project exceeds 10% of the development budget, though the top five titles still account for 42% of total sales.
Marketing relies on a data-centric influencer network that has generated over 5 billion YouTube views, serving as a cost-effective alternative to traditional advertising.
CEO Alex Nichiporchik maintains a 57.9% stake in the company following a $10 million personal investment, signaling strong leadership alignment with long-term shareholder value.
Operational stability is being managed through staff relocations and a cautious M&A approach, with the company identifying 'Kingmakers' and 'Streets of Rogue 2' as key pipeline titles for 2025.
tinyBuild narrowed its net loss significantly in 2024 compared to the previous year's $62.9 million, despite a 22% revenue decline to $34.7 million and an operating loss of $20.4 million.
The company has shifted its strategy to focus on 'Own-IP,' which now generates 77% of total revenue, supported by a back catalogue that accounts for 87% of sales.
The Group maintains a debt-free balance sheet with $3.1 million in net cash, bolstered by an $11.4 million capital raise and a reduction in impairment charges from $48.1 million to $13.7 million.
Risk management is centered on a policy where no single project exceeds 10% of the development budget, though the top five titles still account for 42% of total sales.
Marketing relies on a data-centric influencer network that has generated over 5 billion YouTube views, serving as a cost-effective alternative to traditional advertising.
CEO Alex Nichiporchik maintains a 57.9% stake in the company following a $10 million personal investment, signaling strong leadership alignment with long-term shareholder value.
Operational stability is being managed through staff relocations and a cautious M&A approach, with the company identifying 'Kingmakers' and 'Streets of Rogue 2' as key pipeline titles for 2025.