Team17 parent company Everplay reports 10% profit increase in 2025
Everplay, the parent company of Team17, reported a 10% increase in gross profit to £76.3 million for its 2025 fiscal year, despite flat revenue of £166 million. The company attributed the profit growth to a shift away from low-margin physical game distribution, with new releases boosting revenue by 80% and the back catalogue contributing significantly. CEO Mikkel Weider expressed confidence in future profitable growth, citing a strong lineup of new releases and acquisitions for FY 2026.
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