TinyBuild full-year revenue slightly ahead of forecasts

5th Feb 2026 13:03

(Sharecast News) - TinyBuild said on Thursday that revenue for the year ended 31 December was slightly ahead of expectations, supporting positive EBITDA in the second half and leaving cash balances marginally above forecasts, despite a challenging market backdrop.

The AIM-traded video games publisher said its performance was driven by contributions from both new releases and its back catalogue, with cash and cash equivalents of more than $4m at the end of December, broadly unchanged from mid-year levels.

It reported no borrowings.

Management said disciplined cash management and a diversified catalogue of more than 100 titles continued to underpin predictable cash generation.

TinyBuild said established franchises such as Hello Neighbor, alongside more recent titles including Deadside and VOIN, continued to perform well, while recent launches The King is Watching and Of Ash and Steel delivered results ahead of expectations.

Cash flows from the catalogue are being used to support selective investment in new intellectual property, including Kingmakers, SAND and The Lift, as well as the expansion of existing franchises such as SpeedRunners 2 and Streets of Rogue 2.

Looking ahead, the firm said its 2026 pipeline was strong, with release schedules weighted to the second half of the year.

Wishlist momentum on Steam was described as encouraging, with Kingmakers ranked seventh most wishlisted, while SAND, Streets of Rogue 2 and The Lift reportedly featured prominently.

Management said cost control and audience validation remained a priority, particularly given longer development cycles for higher-quality releases.

"The longevity of our catalogue increases with every year that goes by - Hello Neighbor into the end of last year was insane," said chief executive Alex Nichiporchik.

"That's down to a great team and amazing partners, and together we've delivered strong results through both new titles and evergreen franchises.

"I'm excited about 2026 and beyond and I want to thank all the people that make this possible."

TinyBuild cautioned that the evolving global macroeconomic environment and the ongoing conflict in Ukraine continued to warrant vigilance, particularly in assessing staff welfare, revenue exposure and broader operational risks.

At 1234 GMT, shares in tinyBuild were up 6.67% at 8p.

Reporting by Josh White for Sharecast.com.