All-time high revenues reached at video games developer
Independent video games developer, everplay, has reported a “strong bounce back in profitability” in its unaudited final results for the year ended 31 December 2024.
The group, which was previously called Team17 and has bases in Wakefield and Nottingham, has recorded its highest ever revenues of £166.6m (2023: £159.1m) and pre-tax profits of £25.3m (2023: £1.1m loss).
Steve Bell, group chief executive officer, said: “I am extremely pleased with the group’s performance during 2024, a clear return to the quality business for which we have been known.

“As we begin our first year under the new name of everplay, I am excited about the incredible slate of games we have lined up for 2025, and some important innovations in our business model. Allied with stringent cost controls, we are confident these will deliver results our shareholders expect.
“I’d like to thank Ann, Julia, Tim and Emmet for their support in leading each part of our group that yet again has delivered a great year in gaming, and our people and development partners for their creativity and dedication.
“Our new group roles will ensure we remain efficient and focused on being the best games company that gives back to creators and shareholders while supporting our people.”
everplay adds that it has a strong balance sheet, with £62.9m of cash and cash equivalents as of 31 December 2024 (31 December 2023: £42.8m), placing it in a robust position for future growth.
It says the independent video games market continues to grow, with more titles released in 2024 than any other year in history.
In light of this competitive new release market, everplay notes the strength of its back catalogue continues to be vital to the company’s success.
It says that over the last six years, the back catalogue has on average accounted for 76 per cent of total revenues.
For 2025, the business says it has a pipeline of at least 10 new games and apps.
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