Everplay lifts annual expectations after two games outperform

Everplay ($EVPL) expects full-year revenue and adjusted EBITDA to finish materially above market expectations after stronger-than-anticipated sales of Wardogs and Hell Let Loose: Vietnam. The latter has exceeded one million copies across PC and console, while Wardogs has sold approximately three million copies through its PC Early Access release. Sales from the established catalogue have also remained resilient.

The company-compiled consensus referenced in the update was £197.6 million of revenue and £57.2 million of adjusted EBITDA. Everplay did not replace those benchmarks with a precise new range, so the scale of the upgrade remains unquantified. Stronger game sales improve the earnings outlook, but the company cautioned that the final quarter includes prominent competing releases from major studios. Early Access sales also should not be described as the completed launch of a finished game.

Sources:

• Company RNS reproduced by Investegate