everplay group plc, the Wakefield-based parent of Worms developer and publisher Team17, has announced an £8m swoop for new IP alongside positive half-year results.
The Yorkshire developer and publisher said it had traded strongly across H1 2025, with new game releases performing positively. As a result of the group’s performance in H1 2025, the continued robust performance from the back catalogue and positive momentum going into H2, the board now expects full year results to be slightly ahead of current market expectations. As in previous years, adjusted EBITDA is expected to be H2 weighted, due to the timing of new game releases.
The recently launched Date Everything! has been particularly well received, it said, with excellent sales, concurrent users and review scores to date. Sworn and Nice Day for Fishing have also delivered encouraging starts since launch.
“As a result of the group’s performance in H1 2025, the continued robust performance from the back catalogue and positive momentum going into H2, the board now expects full year results to be slightly ahead of current market expectations,” it stated in a notice to the London Stock Exchange.
The group expects to announce its interim results in early September.
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everplay has also completed the acquisition of all rights and assets for Hammerwatch, an action-adventure franchise consisting of four existing titles, for £8m from Swedish studio Crackshell.
Following the integration of Hammerwatch within the Team17 division, the team will seek to optimise the lifecycle management of the existing games, while exploring commercial opportunities and sequels to drive the long term creativity, growth and value of the franchise.
Niklas Myrberg, Crackshell co-founder, will personally oversee the Hammerwatch franchise within Team17.
The group had previously announced a new focus on acquiring exclusive publishing rights of previously released third-party games – a policy which is now gaining traction. This new revenue stream allows the group to further strengthen its back catalogue, while leveraging everplay’s best-in-class life cycle management skills.
The first two games that have joined the group’s portfolio under the policy, across multiple platforms, are today revealed as Settlement Survival and Operation Tango.
