Everplay, the now Swedish-owned Yorkshire indie games developer formerly known as Worms creator Team 17, has announced it has a bumper 15 new games lined up for FY 2026 as it posted an impressive rise in pre-tax profit ahead of an ambitious growth phase.
The Wakefield-based developer and publisher reported a 44% jump in profit before tax to £36.6m for the year to 31 December 2025, as margin expansion and a surge in new release revenues helped offset flat overall sales.
Revenue remained fairly static at £166m, the strategic decision to exit low-margin physical distribution proved a game changer, lifting gross margins to 46%.
Revenue for new releases was up 80%, and although everplay’s back catalogue didn’t match the blockbuster levels recorded in 2024, it delivered double-digit growth on 2023 and continued to account for three-quarters of total revenues.
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The group ended the year with £51.9m in cash, slightly down thanks to investment in acquisitions and game development, but still a solid bank balance by most metrics.
CEO Mikkel Weider, who took over from interim CEO Frank Sagnier at the turn of the year, said: “My first three months at everplay have been hugely exciting and reinforced my confidence in the group’s long-term potential,” he said.
“FY 2025 again showed the benefit of the group’s portfolio strategy. The teams have worked exceptionally hard to deliver an impressive double-digit profit growth, and I thank them all for their dedicated commitment.”
Among the new titles in the pipeline over the next year are Hell Let Loose: Vietnam and Golf With Your Friends 2, alongside a mix of third-party titles and established simulation franchises.
With new platform partnerships spanning Netflix Games, Apple Arcade and Nintendo’s next-generation console, Everplay is widening its reach and tapping into new audiences.
Weider added: “FY 2026 has one of the busiest and highest quality new release line-ups in several years, packed with first-party IP and exciting third-party titles such as Wardogs.”
“Combined with the new partnerships and acquisitions made in the previous year, I am confident that we are on track for a strong FY 2026.”
