Baby Steps

Devolver Digital 2025 Investor Presentation

Devolver Digital achieved robust financial growth throughout 2025, characterized by a 39% increase in Adjusted EBITDA and a successful transition to positive free cash flow during the second half of the year.

• Devolver Digital achieved a 39% increase in Adjusted EBITDA in 2025 and transitioned to positive free cash flow in the second half of the year.
• The company maintains a stable cash position of US$36.6 million to support its strategy of high-quality indie releases and IP portfolio management.
• The 2026 release pipeline is anchored by five major first-party titles, including new entries in the Serious Sam series and Astroneer Expeditions.