Devolver Digital (DEVO) Trading update summary

Financial performance and trading update

• Revenue for 1H 2026 is expected to be at least 60% higher than 1H 2025, with adjusted EBITDA projected in the mid single-digit US$ millions.

• Strong year-on-year growth partly driven by the Devolver Steam Publisher sale and three Top 10 Global Best Sellers on Steam in January.

Product and pipeline developments

• STARSEEKER: Astroneer Expeditions launched into Early Access with a significant platform deal, though initial unit sales have been disappointing; review scores are improving and content updates are planned through year-end.

• Stronghold 4 announcement generated 250,000 wishlists in two weeks, while Warhammer 40,000: Boltgun 2 and Shroom and Gloom have 260,000 and 220,000 wishlists, respectively.

Outlook and upcoming events

• Strong 1H 2026 performance and positive game pipeline expected to support profitability, though offset by slower STARSEEKER launch.

• Further details on 1H 2026 performance and full-year guidance will be provided with half-year results in late September 2026.

• 2026 Annual Meeting scheduled for 26 June 2026 at 4:00 pm BST; 2025 Annual Report available on the investor website.