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everplay Group PLC on Tuesday said it expects new release revenue to be much higher in the second half of 2025 than in the first half amid a ‘strong’ line-up of titles. The Wakefield, England-based app and video game company said pretax profit jumped 16% to £14.3 million from £12.4 million a year ago. Adjusted pretax profit grew a milder 2.6% to £19.7 million from £19.2 million. Revenue fell 10% to £72.4 million from £80.6 million, while adjusted earnings before interest, tax, depreciation and amortisation fell 1.0% to £19.2 million from £19.4 million. The company declared an interim dividend of 1 pence per share, compared to none a year ago. Looking ahead, everplay expects full year adjusted Ebitda to be slightly higher than current market expectations of £49.6 million, and higher compared to £43.5 million a year ago. Market consensus for 2025 revenue is £173.6 million, up 4.2% from £166.6 million in 2024. The company anticipates that the second half of 2025 will bring much higher new release revenue than in the first half, after the launch of new titles such as sandbox dating simulator ‘Date Everything!’, Lego Bluey, and Firefighting Simulator: Ignite, as well as the full launch of co-op action game Sworn. Furthermore, everplay said its first dedicated products for the Switch 2 console have their ‘debut’ planned for the second half. Interim Executive Chair Frank Sagnier said: ‘It has been a strong start to the year. The improved performance of our new releases shows the progress we have made continually enhancing our internal procedures, such as our greenlight process, the quality of our production, and our marketing approach. ‘I am delighted by the strategic progress we have made across the business, with the group already benefitting from new revenue streams from our recent IP and back catalogue acquisitions.’ He added: ‘Looking ahead, we have a busy second half to deliver, but the team remains laser-focused on performance and delivering on our strategic priorities to ensure continued long-term growth for the group and our shareholders.’ everplay said the search for a new chief executive officer is progressing, with the successful candidate likely to start in 2026. Back in May, the company had announced the immediate resignation of CEO Steve Bell, and named Frank Sagnier as interim executive chair. everplay shares were down 1.7% at 399.00 pence each on Tuesday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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