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TM17 Team17 Group Plc

310.00
24.00 (8.39%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Team17 Group Plc LSE:TM17 London Ordinary Share GB00BYVX2X20 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  24.00 8.39% 310.00 235,430 16:35:18
Bid Price Offer Price High Price Low Price Open Price
295.00 310.00 302.50 302.50 302.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 159.13M -3.75M -0.0257 -117.70 417M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:43:14 O 98,290 300.1759 GBX

Team17 (TM17) Latest News

Team17 (TM17) Discussions and Chat

Team17 Forums and Chat

Date Time Title Posts
17/7/202410:05Team17 Group Plc1,444

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Team17 (TM17) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:43:15300.1898,290295,042.93O
2024-07-26 15:38:17310.002,4297,529.90O
2024-07-26 15:36:43310.002,4297,529.90O
2024-07-26 15:35:18310.002,3297,219.90UT
2024-07-26 15:24:16296.22259767.21O

Team17 (TM17) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Team17 Daily Update
Team17 Group Plc is listed in the Prepackaged Software sector of the London Stock Exchange with ticker TM17. The last closing price for Team17 was 286p.
Team17 currently has 145,803,620 shares in issue. The market capitalisation of Team17 is £441,055,951.
Team17 has a price to earnings ratio (PE ratio) of -117.70.
This morning TM17 shares opened at 302.50p
Posted at 17/7/2024 10:05 by parob
Not a holder here but well done to those who bought in late 2023. Good to see an in-line trading update for you today. I do hold FDEV however, having initially bought in at the start of this year. Had a few top ups too. In terms of market cap:FDEV (£100M MCap with £29.5M cash May 24) is currently trading at just over X 1 sales. TM17 (£437M MCap with £42.7m cash Dec 23) are trading at just under 3 X sales.Just thought I'd mention they might be worth a look if you like this space. DYOR if you take a look.
Posted at 16/7/2024 06:54 by bigbigdave
*RBC STARTS TEAM17 WITH 'OUTPERFORM' - PRICE TARGET 360 PENCE
Posted at 17/5/2024 13:21 by aeonflux
BlackRock Smaller sells costly Team17

BlackRock fund manager Roland Arnold has reduced his position in Team17 (TM17) after the video game developer lost control of its cost base.

Arnold still holds the stock in his £684m BlackRock Smaller Companies (BRSC) investment trust but trimmed the position in Team17, which gave a profit warning last November.

‘The gaming industry had a tough year in 2023, with the demand for “triple A” games [high-budget and high-profile games] disappointing generally, and a number of revenue-related disappointments across the industry,’ Arnold said.

‘We spent a lot of time looking at Team17, analysing the bestseller lists to gain comfort that volumes would not disappoint.’

However, he noted that ‘sadly, volumes were not the issue, and revenue forecasts were achieved’ and in fact, the management had ‘lost control of the cost base leading to a warning on profitability’.

‘We have reduced the position but have maintained a small holding in the belief a cost problem can be fixed more easily when there isn’t a revenue issue,’ Arnold said.

Shares in Team17 have fallen 3.3% this week to 262p but are up 42% year-to-date.
Posted at 09/5/2024 17:16 by aeonflux
Deutsche Bank starts Team17 with 'buy' - price target 325 pence
Posted at 02/2/2024 11:44 by parob
Hopefully FDEV's turn to make a move like TM17 now. Moving up today.
Posted at 31/1/2024 06:16 by martywidget
Estimating The Fair Value Of Team17 Group plc
January 29, 2024 at 5:50 AM GMT

Using the 2 Stage Free Cash Flow to Equity, Team17 Group fair value estimate is UK£2.34

With UK£2.50 share price, Team17 Group appears to be trading close to its estimated fair value

Our fair value estimate is 36% lower than Team17 Group's analyst price target of UK£3.66
Posted at 11/12/2023 10:14 by strawberry alarm clock
Share price fallen over 7% since you reported those "chunky buys"You gotta larf
Posted at 05/12/2023 15:44 by philly cheesesteak
Has anyone actually done any proper research here? 4.25x EV/EBITDA is crazy for a company that has been strongly profitable every half since it's May 2018 IPO.

FDEV, DEVO & TBLD are utter basket cases, TM17 is a company that is profitable & has so many strands to it;

- Original own IP games from pre IPO that remain valuable; Worms, Overcooked & Overcooked 2, The Escapists, all of which have PC revenues of >$15m

- Own IP games which have been acquired since IPO; Golf with your friends & Hell Let Loose ($84m PC revenue since release in 2021, $22m in the last 12 months, unknown on PS5 +XBOX).

- IP owned via the €100m Astragon acquisition, financed via a placing of 11m shares at £7.14 - their only dilution since IPO. Given today's share price the decision to fund it via a placing looks very smart indeed. Astragon own the rights to dozens of popular simulator games + published rights to the most popular PC game in Germany, Farm Simulator.

- Many additional games which have had success like Marauders, Blasphemous & 2023 favourite Dredge.

- There also own Storytoys, which is a subscription service for children's 'edutainment', 320k subscriptions as of 30/06, these are ~£5 a month so annual recurring revenue is likely approaching £20m. Purchased a couple of years back when subscriptions were only 130k...

Headcount has got a little high post covid - from 265 at the end of 2021 to the 439 reported at 30/06/22, 53 of which were from acquisitions. Get this rightsized and EPS should benefit materially.

But overall this looks exceptionally good value down here, I expect we'll see >£2 in the near future once some sanity returns.
Posted at 01/12/2023 11:56 by wallywoo
With £45m in cash and a very cash generating business, we know the share price movement has nothing to do with the business continuing as a going concern. We also know that acquisition activity is still high in this sector. For these reasons, this is one to put on the shelf and forget about until it wakes up again, imho. Downtrend don't last forever in these scenarios.
Posted at 21/1/2021 13:34 by boozey
So we have SUMO and TM17 announcing on the same day and both were strong but received in different way by the market. The TM17 share price has drifted a little recently and I and wondering if they may be looking to raise cash for further acquisitions. This did not happen last year - whilst SUMO did raise cash for the Pipeworks acquisition and the share price took off as a result of that. We will see. I hold both.
Team17 share price data is direct from the London Stock Exchange

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