tinyBuild says will meet full-year outlook but notes Kingmakers delay
tinyBuild Inc on Monday maintained it was ‘is on track to deliver results at least in line with expectations,’ whilst noting its recent share price movement.
The Seattle, Washington-based video game developer and publisher was down 24% at 8.00 pence per share on Monday afternoon in London, but the stock has more than doubled in the last 12 months.
This follows an announcement on Friday that one of its subsidiaries has delayed an upcoming product release.
Kingmakers was originally due for release by Redemption Road Games on October 8, but tinyBuild said ‘the team needs more time to polish content and optimise performance.’
The company stressed that Kingmakers is an ‘ambitious, uncompromising game,’ and aims for ‘even a mid-range PC [to] achieve true 60 [frames per second] without the need for fake frames.’
tinyBuild noted a strong start to 2025 and said it retains a ‘high-potential’ pipeline, ‘but uncertainty remains about the second part of the year in a crowded market’.
The firm also pointed to ‘caution and vigilance’ amid the ongoing conflict in Ukraine.
Still, tinyBuild insisted that solid first-half trading ‘gives management greater flexibility both in terms of development budget and release schedule to achieve the full potential for each title’.
Last month, the firm reported that it swung to an interim pretax profit of $3.6 million from a $6.6 million loss a year earlier. First-half revenue rose 1.3% to $17.0 million from $16.8 million.
At the time, tinyBuild forecast adjusted earnings before interest, tax, depreciation and amortisation ahead of expectations.
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