everplay group (EVPL) Trading Update summary

Trading performance and outlook

• Achieved strong trading in H2 2024, with improved new releases and robust back catalogue performance.

• Christmas period trading was strong, with momentum continuing into January 2025.

• FY 2024 revenues and adjusted EBITDA expected to be slightly ahead of market expectations.

• Full year results to be reported in March 2025, with further insights into operational and financial performance.

Strategic initiatives and rebranding

• Company rebranded from Team17 Group plc to everplay group plc, reflecting business evolution since IPO.

• New name supports distinct brand identities for Team17, Story Toys, and astragon while maximizing synergies.

• Strategic focus remains on accelerating growth, improving profitability, and maximizing return on investment.

• Emphasis on launching new games, driving back catalogue sales, and adopting innovative publishing models.

• Trading under new TIDM "EVPL" begins 24 January 2025; shareholdings and ISIN remain unchanged.

Business divisions and market positioning

• Operates three divisions: Team17 (indie games), astragon (working simulation), and Story Toys (children's edutainment).

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

• astragon specializes in simulation games such as Construction Simulator and Police Simulator.

• Story Toys develops educational apps for children under eight, including Disney and LEGO® titles.

• Rebrand aims to foster cross-collaboration and expand reach in complementary sectors.