everplay group (EVPL) Trading Update summary

Trading performance and outlook

• Strong H1 2025 trading driven by successful new game launches and robust back catalogue performance.

• Date Everything! achieved excellent sales, high concurrent users, and strong review scores.

• Sworn and Nice Day for Fishing also delivered encouraging starts since launch.

• Full year results now expected to be slightly ahead of current market expectations.

• Adjusted EBITDA anticipated to be H2 weighted due to timing of new releases.

Strategic acquisitions and portfolio expansion

• Acquired all rights and assets for the Hammerwatch franchise, supporting first-party IP expansion.

• Hammerwatch integration aims to optimize lifecycle management and explore sequels.

• Niklas Myrberg, Crackshell co-founder, to oversee Hammerwatch within the creative team.

• Secured exclusive publishing rights for Settlement Survival and Operation Tango, enhancing the back catalogue.

• Total initial cash consideration for acquisitions is under £8.0 million, reflecting disciplined capital deployment.

Business divisions and market positioning

• Operates through Team17, astragon, and Story Toys divisions, covering indie games, simulation, and children's edutainment.

• Team17 known for iconic IPs like Hell Let Loose, Worms, and Overcooked!

• astragon specializes in working simulation games for a broad audience.

• Story Toys develops educational entertainment apps for children under eight, featuring major licensed brands.

• Strategy focuses on expanding evergreen franchises and leveraging lifecycle management expertise.