Team17 Group (TM17)

Sector:

Leisure Products

Index:

FTSE AIM 100

 385.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 870.00
  • 52 Week Low: 370.00
  • Currency: UK Pounds
  • Shares Issued: 145.59m
  • Volume: 3,284,607
  • Market Cap: £560.53m

Acquisitions underpin full-year growth for Team17

By Josh White

Date: Wednesday 30 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Video games developer, creative partner and label Team17 reported a 9% improvement in revenue in its unaudited final results on Wednesday, to £90.5m.
The AIM-traded firm said its gross profit was ahead 16% year-on-year in the 12 months ended 31 December, at £45.5m, as its gross profit margin rose to 50% from 47%.

Its adjusted EBITDA was 18% firmer at £35.8m, while its profit before tax was ahead 11% at £29.1m.

Cash and cash equivalents narrowed 10%, however, to £55.3m.

Basic earnings and diluted earnings per share were both 8% higher year-on-year, at 18.3p and 18.2p respectively, while they were both 16% firmer on an adjusted basis at 22.1p.

Operating cash conversion came in at 101% for the year, compared to 109% in 2020.

"Our group now has its most diverse range of owned intellectual property, third-party and licensed IP targeting the broadest audiences across multiple platforms," said chief executive officer Debbie Bestwick.

"We have made great strides over the last few years to build out our portfolios, laying strong foundations for future years.

"The acquisitions have enabled us to expand not just our content portfolio but also our skillset and customer reach, taking us into new territories and markets, and enabling us to leverage the group collectively in a way we could never have imagined a few years ago."

At 1031 BST, shares in Team17 Group were down 6.78% at 550p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Team17 Group Market Data

Currency UK Pounds
Share Price 385.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 870.00
52 Week Low 370.00
Volume 3,284,607
Shares Issued 145.59m
Market Cap £560.53m

Team17 Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.41% below the market average92.41% below the market average92.41% below the market average92.41% below the market average92.41% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
80.33% below the market average80.33% below the market average80.33% below the market average80.33% below the market average80.33% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Income Not Available
Growth
53.90% above the market average53.90% above the market average53.90% above the market average53.90% above the market average53.90% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 2
Sell 0
Strong Sell 1
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Team17 Group Dividends

No dividends found

Trades for 01-Jul-2022

Time Volume / Share Price
16:27 206,462 @ 377.50p
16:27 206,462 @ 377.50p
15:49 176,617 @ 377.50p
15:49 176,617 @ 377.50p
16:27 333,547 @ 377.50p

Team17 Group Key Personnel

CEO Deborah Jayne Bestwick
Chair Christopher Bell
CFO Mark Crawford

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