Everplay Group (formerly Team17) AIM:EVPL
- Founded
- 1990 · Wakefield, England
- Incorporated
- United Kingdom
- Chief executive
- Mikkel Weider
- Employees
- 373
- Reports in
- GBP
- Companies House
- 11205116
Video games group combining the Team17 indie games label (Worms, Overcooked publishing, Hell Let Loose), StoryToys educational apps for children, and astragon working simulation games (Construction Simulator). Renamed from Team17 Group in 2025 to reflect the multi-label structure.
Read straight from the annual reports
427p at close on 2 Oct 2026 · 9 reported years, 2017–2025
| Line | FY201712/17 | FY201812/18 | FY201912/19 | FY202012/20 | FY202112/21 | FY202212/22 | FY202312/23 | FY202412/24 | FY202512/25 | FY2026unreported |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | later 142.3 | |||||||||
| Gross profit | ||||||||||
| Operating profit | ||||||||||
| Exceptional items | — | — | — | — | — | — | ||||
| Net finance cost | ||||||||||
| Profit before tax | ||||||||||
| Adjusted profit before tax | — | — | — | |||||||
| Tax charge | ||||||||||
| Profit for the year | ||||||||||
| EBITDA | ||||||||||
| Adjusted minus statutory PBT | — | — | — | |||||||
| Basic EPS | ||||||||||
| Diluted EPS | ||||||||||
| Adjusted EPS | ||||||||||
| Dividend per share | — | — | — | — | — | — | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
9 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Back catalogue sales
75% (Chair's statement/CEO Q&A) to 76% (Investment Case) of Group sales come from the back catalogue, providing dependable mid-term revenue visibility
page 17New releases / first-party IP
New games contributed 25% of revenue breakdown; first-party IP accounted for 34% of FY25 sales (FY24: 37%), targeted to grow as a proportion over time
page 12Gross margin expansion
Gross margin increased sharply by 4.4 points to 46.0% (FY24: 41.6%), predominantly due to exit from astragon's physical distribution business and lower royalty payments
page 41Reduced impairments
Development cost impairment reversed to a net credit of £259,000 (FY24: £4.7m charge); goodwill impairment nil (FY24: £991k)
page 88£11.7m charge: Amortisation of acquired intangible assets (excluded from adjusted EBITDA)
page 42Our teams have built momentum, strengthened their performance, and created a more agile and opportunity-led organisation.
page 16Distributable reserves issue identified: dividends totalling £3.9m (26 March 2025) and £1.4m (2 September 2025) were declared and paid ahead of the Company having requisite distributable profits at parent level under the Companies Act 2006. The Company took remedial action, receiving £20.0m dividend from subsidiary Team17 Digital Limited, and as at 17 March 2026 held distributable reserves in excess of amounts required. Resolutions to confirm distributable profits will be proposed to shareholders and Directors will enter into deeds of release.
page 106Directors recommended a final dividend of 1.9 pence per fully paid ordinary share (FY24: 2.7 pence), aggregate £2,771,000 (FY24: £3,890,000), payable 19 June 2026, subject to shareholder approval at the AGM (record date 21 May 2026). An interim dividend of 1.0 pence (£1,440,000; FY24: £nil) was paid 10 October 2025. Distributable reserves issue arose during the year requiring remedial Board resolutions (see post balance sheet events).
page 50Directors adopted the going concern basis after producing a Group forecast to 31 December 2027, sensitised to reflect a severe but plausible downside scenario, reviewed by the Board, demonstrating the Group is forecast to generate profits and cash for a period of at least 12 months. Auditor PricewaterhouseCoopers LLP issued an unqualified/unmodified opinion (true and fair view) with no material uncertainty related to going concern. Key audit matters: (1) impairment of capitalised development costs specifically for unreleased non-legacy titles (group), and (2) impairment of investments (parent). Overall group materiality £1,829,000 (5% of profit before tax, adjusted for impairments in 2024); overall company materiality £1,500,000 (1% of total assets, capped at group materiality allocation).
page 51- Market growth, disruption and competition — dynamic, competitive industry with new entrants and platform consolidation potentially disrupting growthp.44
- Technological change (including Artificial Intelligence) — advances in AI and platform/distribution technology could disrupt products, processes and business modelsp.45
- Dependence on key games — revenues supported by a relatively small number of popular back-catalogue titles and first- and third-party new gamesp.45
- Commercial launch pipeline — new game/app launches subject to delays, cost increases, competition and reduced barriers for developers to self-publishp.45
Read from C000442-AR-2025-ch.
9 annual reports read, FY2018 to FY2025
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (8), Company website (1)
FY2026Next report expected 24 May 2027