tinyBuild has finally reached an inflection point
The company turned a profit in the first half, and having stabilised its cash flows, is in a strong position to realise the potential of its upcoming releases.
It's been a long time coming, but tinyBuild seems to have finally reached an inflection point: returning to profit; lowering its cost base to a level largely sustained by the back catalogue; and balancing its cash flows. All while continuing to invest in a very promising pipeline of new projects - four of which are now in the top-100 most wishlisted games on Steam.
In the following sections, I will go through the results for the first half of 2025, where we stand in terms of valuation given the recent share price rise, the outlook for the remainder of the year (with and without the release of any headline titles), and some promising recent additions to the pipeline.
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