Video games developer anticipates second half momentum
Wakefield and Nottingham-based video games developer, everplay group, said it has achieved a resilient half one revenue performance as it releases unaudited results for the six months ended 30 June 2026.
The group said it made an increased investment in its pipeline during the period, with capitalised development expenditure up 14 per cent to £16.4m (H1 2025 £14.3m).
Mikkel Weider, group chief executive officer, said: “Our back catalogue posted another resilient performance in a half in which there were no major new releases, underpinning the solid foundations upon which everplay is built.
“At the same time, the teams have been laser focused on preparing for our key releases in the second half. We have entered the period with real momentum, and feel confident in materially exceeding market expectations for the full year.
“I am pleased to share that our major new releases, including Hell Let Loose: Vietnam and Wardogs, are performing well ahead of our expectations, breaking many sales and player number records.
“With a strong balance sheet, resilient catalogue, growing portfolio of first-party IP and innovative third-party games, we are well positioned to deliver accelerated growth.”
everplay adds it has maintained a strong balance sheet, with £57.1m worth of cash and cash equivalents at the period end (H1 2025: £59.5m), providing capacity to fund organic growth initiatives and selective mergers and acquisitions.
Since the period end the group has exercised its option to increase its stake in Super Media Group, owners of Wardogs developer Bulkhead, to 28 per cent, further strengthening their partnership within the first-person shooter genre.
In its outlook statement, everplay said it now expects FY 2026 revenue and adjusted EBITDA to be materially ahead of current market expectations of £175.2m revenue and £50.7m adjusted EBITDA.
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