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RNS Number : 3615V tinyBuild, Inc. 13 December 2021
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13 December 2021
tinyBuild, Inc
("tinyBuild" or the "Company")
Hello Neighbor 2 pre-order and portfolio strategy update
tinyBuild, Inc. (AIM: TBLD), a leading video games publisher and developer
with global operations, is pleased to announce that Hello Neighbor 2, the next
game in its best selling franchise, will be available for pre-order on 7 April
2022.
Based on the proven model developed for the first Hello Neighbor title, the
launch strategy for Hello Neighbor 2 is designed to maximise the visibility of
the game and to realise its full potential in terms of consumer following, and
subsequently, sales on the actual launch date. Players who pre-order the game
will get access to a beta version on PC and Xbox. The original Hello Neighbor
had a similar strategy, allowing players who pre-order to participate in an
in-development build and supply feedback. With Hello Neighbor 2, however, the
beta version will be for the first time available on Xbox
Since its launch in 2017, the Hello Neighbor franchise, which includes Hello
Neighbor, Secret Neighbor, and Hello Engineer, has grown in popularity, giving
the Company high levels of confidence ahead of the launch of Hello Neighbor 2.
The Company's strategy is to create long-lasting IP that results in multi-game
and multimedia franchises. As well as new games across multiple platforms,
tinyBuild looks to expand game-based IP into graphic novels, books, TV, film,
merchandise and more. Hello Neighbor is a successful example of this approach.
Over the last four years, the franchise has reported:
● Over 80 million downloads of all Hello Neighbor titles, up from 60
million in March 2021
● 8 million Hello Neighbor 2 alpha downloads (up from 4 million in
March 2021)
● Over 3 million downloads of Secret Neighbor on iOS alone since June
2021
As well as announcing the next instalment in the Hello Neighbor franchise, the
Company is pleased to report that its recent game launches are progressing as
expected. These games have added to tinyBuild's well-diversified portfolio of
titles. Highlights includes:
● Potion Craft has passed 400,000 downloads after topping the Steam
top sellers charts at launch in September 2021 (100,000 downloads in the first
three days)
● Despot's Game and Undungeon both had strong launches with "Very
Positive" users reviews on Steam
● Happy's Humble Burger Farm also had a positive reception among key
influencers and reviewers ("a genius game", according to Destructoid)
● Trash Sailors will be released on 16 December 2021, and the
critically-acclaimed Not For Broadcast will move to version 1.0 in Q1 2022
Strong relationships with partner platforms have further enhanced the
Company's revenue diversification strategy. A number of tinyBuild titles
available as part of subscription services have been renewed this year,
increasing the Company' revenue visibility, and allowing tinyBuild to
accelerate its investment in recently acquired IP, such as Deadside
(acquihired in September 2021).
Finally, to show appreciation to our staff members' continued hard work, the
Board has recently announced that all staff members have been granted an extra
week of holiday at the end of December.
Alex Nichiporchik, Chief Executive Officer of tinyBuild, commented:
"We are excited about the release of the much-anticipated Hello Neighbor 2,
adding to a successful franchise across multiple games and platforms as well
as books and graphic novels, with a TV pilot in the works. Alongside new
titles such as Potion Craft, Despot's Game and Happy's Humble Burger Farm, it
further contributes to the diversification of our portfolio, while our close
relationship with partner platforms increases the resilience of our business
overall.
"Our goal is to expand our position as a leading global developer and
publisher, focusing on IP ownership while creating a diversified portfolio of
long-term scalable franchises. The accretive M&A deals recently announced
are supporting our ambitious growth strategy and we are actively looking at a
number of potential acquihires and larger scale acquisitions to enhance our
strategic and operational position. We are confident about delivering on our
strategy for this year and beyond."
Enquiries:
tinyBuild, Inc investorrelations@tinybuild.com (mailto:investorrelations@tinybuild.com)
Alex Nichiporchik - Chief Executive Officer and co-founder
Luke Burtis - Chief Operating Officer and co-founder
Antonio Jose Assenza - Chief Financial Officer
Giasone (Jaz) Salati - Head of M&A and IR
Zeus Capital (Nominated Adviser and Joint Broker) +44 (0)20 3829 5000
Nick Cowles, Richard Kauffer (Corporate Finance); Benjamin Robertson (Equity
Capital Markets)
+44 (0)20 3207 7800
Berenberg (Joint Broker)
Ben Wright, Mark Whitmore, Alix Mecklenburg-Solodkoff,
Milo Bonser
SEC Newgate(Financial PR) tinybuild@secnewgate.co.uk (mailto:tinybuild@secnewgate.co.uk)
Robin Tozer, Bob Huxford, Megan Kovach +44 (0)7540 106366
About tinyBuild:
Founded in 2013, tinyBuild (AIM: TBLD) is a leading premium AA-rated and indie
video games publisher and developer. tinyBuild strategically secures access to
IP and partners with developers to establish a stable platform on which to
build multi-game and multimedia franchises. tinyBuild has a strong portfolio
of over 70 titles, and its upcoming pipeline includes c.30 new titles
currently in development.
Headquartered in Seattle, Washington, USA, the Company has key operations
worldwide, with employees, contractors or partners in multiple locations
across five continents. tinyBuild's geographic diversity enables it to source
high-potential IP, cost-effective development resources and a loyal customer
base through innovative grassroots marketing.
tinyBuild was admitted to the AIM index of the London Stock Exchange in March
2021.
For further information, visit: www.tinybuildinvestors.com
(http://www.tinybuildinvestors.com) .
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