Tinybuild Inc. (DI) (Reg s, CAT 3) (TBLD)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

 47.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 191.00
  • 52 Week Low: 47.00
  • Currency: UK Pounds
  • Shares Issued: 203.88m
  • Volume: 33,549
  • Market Cap: £96.84m

TinyBuild performs 'slightly ahead' of first-half expectations

By Josh White

Date: Tuesday 12 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Video games developer and publisher tinyBuild described a first-half performance "slightly ahead" of expectations in a trading update on Tuesday.
The AIM-traded firm, which was holding its annual general meeting, said its catalogue performance was "strong", including the Deadside, Potion Craft and Not For Broadcast titles.

It added that it announced a record number of new titles in the first six months of 2022, adding that it anticipated delivering full-year 2022 results "at least in line" with expectations.

TinyBuild said that, while it continued to "carefully review" the impact of Russia's ongoing invasion of Ukraine and the "fluid" macroeconomic situation, early indicators of consumer traction across its pipeline, including key performance indicators for Hello Neighbor 2, were "very encouraging".

The board said it remained confident the company was on track to deliver full-year results at least in line with expectations, plus accretive acquisitions.

"We are really excited about tinyBuild's progress in terms of organic growth, with new titles in our pipeline showing strong key performance indicators ahead of launch and back catalogue games such as Potion Craft reaching the largest number of Steam wishlists in our portfolio," said chief executive officer Alex Nichiporchik.

"The changing economic situation imposes caution, but it also offers interesting opportunities that we are working hard to capitalise on as we continue to evaluate new games at different stages of development and a number of merger and acquisition targets to help accelerate growth.

"2022 started well, and we look at the future confidently."

At 1502 BST, shares in tinyBuild were up 4.16% at 126.55p.

Reporting by Josh White at Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


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

 

TBLD Market Data

Currency UK Pounds
Share Price 47.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 191.00
52 Week Low 47.00
Volume 33,549
Shares Issued 203.88m
Market Cap £96.84m

TBLD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
92.59% below the sector average92.59% below the sector average92.59% below the sector average92.59% below the sector average92.59% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average

TBLD Dividends

No dividends found

Trades for 24-Mar-2023

Time Volume / Share Price
16:10 21,138 @ 47.00p
14:56 535 @ 47.10p
13:46 4,783 @ 48.00p
13:29 3,968 @ 47.00p
13:24 1,500 @ 47.50p

TBLD Key Personnel

CEO Alex Nichiporchik
CFO Antonio Assenza

Top of Page