Retail & Consumer Services

tinyBuild Inc

  • Market Cap (£m) 27.2
  • Listing AIM

Analysts

Company Description

tinyBuild is a leading video game publisher and developer primarily focused on AA and premium indie games. It distributes games primarily on PC and consoles, including Steam, Xbox, PlayStation, Nintendo and Epic Games. The company's mission is to build long-lasting, sustainable franchises across multiple media formats. tinyBuild has 80+ games in the back-catalogue and looks to own the IP of titles to maximise long-term value creation. Founder and CEO Alex Nichiporchik is well-versed in the video game industry as a life-long gamer. Founded in 2013, tinyBuild operates in the US and Europe, and listed on the London Stock Exchange in 2021.

Investment Summary

tinyBuild retains a strong focus on organic growth supported by in-house developers and a good network of existing partnerships. As well as investing in new technologies, it has a strong pipeline with new larger-budget games for release in the near future. The company's focus on own-IP maximises the expected returns and aligns incentives between publisher and developer. The diversified portfolio approach (across genres, target audience, price points, technology etc.) minimises the risk attached to any single game. Its franchise model and multimedia ambitions contribute to additional growth potential as the company extends the lifespan of back-catalogue and provides predictable cash flows.

Recent Content

    Initiating coverage: Building for the future

    27/07/2023 tinyBuild Inc

    In an attractive video games market, tinyBuild is investing to accelerate growth, including new technologies and larger-budget Games-as-a-Service […]

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Company Management Team

  • Alex Nichiporchik

    Chief Executive Officer

    Alex founded tinyBuild in 2013, with Luke Burtis. Alex has over 18 years of experience working in the video games and marketing sectors. Having started out as pro-gamer, Alex then moved to become a games journalist, then games producer and finally a marketing executive. This combination of experience enabled Alex to kickstart tinyBuild. Prior to, and since, founding tinyBuild, Alex has accumulated invaluable expertise in games development and publishing. Alex’s proficiency in selecting and enhancing IP has been imperative in tinyBuild’s success to date.

  • Giasone (Jaz) Salati

    Chief Financial Officer

    Jaz has over twenty years' experience as an equity research analyst in the TMT space previously working at Credit Suisse, Redburn and Macquarie, and was ranked #1 Stock Picker in 2019. Alongside his career in finance, he worked on innovation and reorganisation for the CEOs of media and tech companies, more recently at Ascential (LSE: ASCL). Jaz read economics at La Sorbonne and attained a master’s degree in Finance from LBS.

Key Dates

Jun 2022
7th
CMD
Actual
Jul 2022
12th
Q2 TU
Actual
Sep 2022
27th
Interims
Actual
Jan 2023
23rd
Q4 TU
Actual
Mar 2023
29th
Finals
Actual
Jun 2023
29th
Q2 TU
Actual
Sep 2023
26th
Interims
Actual
Jan 2024
23rd
Q4 TU
Estimate
Mar 2024
29th
Finals
Estimate
Jun 2024
29th
AGM
Estimate