Tinybuild Inc.

0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Tinybuild Inc. LSE:TBLD London Ordinary Share COM SHS USD0.001 (DI) (REG S, CAT 3)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 46.50 86,613 07:31:20
Bid Price Offer Price High Price Low Price Open Price
46.00 47.00 46.50 46.50 46.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Hobby, Toy, And Game Shops 52.15 8.26 4.20 11.63 94.17
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:55 O 2,000 46.40 GBX

Tinybuild (TBLD) Latest News (2)

Tinybuild (TBLD) Discussions and Chat

Tinybuild Forums and Chat

Date Time Title Posts
07/6/202318:04Tiny Build Games124

Add a New Thread

Tinybuild (TBLD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type

Tinybuild (TBLD) Top Chat Posts

Top Posts
Posted at 09/5/2023 13:48 by epicwarlock
Hi all - anyone have any data on the overhang? The price seems really static at the moment....
Posted at 25/4/2023 09:12 by johndoe23
Share price looking stable now, dare I say it. Just need that overhang to clear...
Posted at 17/4/2023 11:43 by se81

Interesting potential takeover of Rovio by Sega

I'd think Rovio are almost a playbook for TBLD if they are to be successful

Posted at 04/4/2023 16:04 by a day in the life
He banked £56million at IPO, so I doubt he really cares about the share price. Luke Burtis pocketed £23million also. Hes probably selling the rest of his holding now.

None of the board have bought any shares, even down here. That tells a story.

Posted at 31/3/2023 14:58 by disc0dave45
Why was Alex's wife paid a dividend of £148k in H1?.....appreciate she owns controlling share (51%) of Devgamm but why is Tinybuild paying a subsidiary CEO a dividend?, don't get it and more to the point Tinybuild shareholders aren't getting any such return.I'm beginning to doubt the way the business is being managed. Not an expert on the takeover code (Rule 9) but I noticed the other day founders of Shoe Zone made a waiver not to takeover the business as their share buyback increased their percentage stake which would have triggered an offer, so the process and voting sign off can't be that time consuming......Alex has had two years to think about buying shares as theyve continued to fall - perhaps his capital diminishing isn't his priority, don't know but syphoning off £148k to his wife suggests otherwise.
Posted at 29/3/2023 17:10 by sev22
In the Investors Chronicle today:

TinyBuild needs to start generating real cash.

The games developer is difficult to understand because of all the adjustments to its profit.

March 29, 2023
By Arthur Sants

*Management says net cash will increase next year
*Q4 2022 “most successful quarter ever”

There is no obvious reason for TinyBuild’s (TBLD) dramatic share price decline in the past year. One broker said its failure to publish organic growth figures was limiting confidence, while another blamed the poor reviews for recent game Hello Neighbour 2. There is also the company’s tendency to capitalise its game development costs so that they don't hit the profit line.

The area that causes most concern is how quickly the company capitalises development costs. Capitalised software development rose from $15.1mn to $35.8mn due to investment in new games. Normally, these would be amortised over several years, with an exception made for products that become commercially viable very quickly. The short-term impact is to improve the profit line by not expensing those costs through the income statement, but this contributed to the net cash position falling from $48.8mn to $26mn.

TinyBuild may yet see a return on this development expenditure. After all, it said that back-catalogue sales represented 80 per cent of revenue last year, which suggests the assets have a long shelf life. Management promises that the net cash position will rise above $26.5mn by the end of December 2023.

Investors will be waiting for the day it brings in more cash than it spends. The flipside is that TinyBuild trades at a big discount to its peers – broker Numis has it on a forward price/earnings ratio of just six times. TinyBuild generated a 1.9 times return on its game releases last year and Numis thinks this can rise to over two times in 2023. At this valuation, we are happy to believe the story. BUY.

Last IC View: Buy, 110p, 27 Sep 2022.

Posted at 29/3/2023 11:45 by melody9999
thanks john. I've read the RNS this am and like the company and their approach. I worry about the cost control - especially the increase in General Admin from $14.4M to $34.4M. I assume this is explained by increased development $15m to $35.7M but the CFO should have commented on this specifically in his report.

On the flip side I am comforted by back catalogue sales representing c 80% of total revenue....so accept that, as the CEO states... on aggregate we are able to predict quite accurately our yearly revenues.

They also say "the net cash position is expected to dip lower in the first half of 2023 and to improve in the second half of 2023 to rise above $26.5m by the end of December 2023", excluding potential unannounced M&A. So it is good that they are flagging this now; and also good that they hold a $35M RCF with Bank of America.

Clearly costs have increased more than forecast....but on the other hand despite an extremely difficult year, they deliver a 21% increase in revenue, EPS up 32% and have cash to continue growing. They comment "the fourth quarter 2022 delivering our most successful quarter ever"
Meanwhile the share price has been decimated making TBLD cheap. So on balance I think this looks like a good entry point.

Posted at 08/2/2023 15:52 by 74tom
If they were happy to take them the share price wouldn’t be 20% down and counting! They were dumped at 50p without a buyer, market makers have been selling at 60p but not enough interest so have started to drop the ask, now down to 59.35p. If the seller has more then it continues lower.
Posted at 08/2/2023 13:18 by maddox
These transactions this morning - 1.45m shares at 50p - hopefully these are a rump sale of whomever has been selling down - clearing them out of their remaining shares. If that's the case, we may see the share price start to recover.
Posted at 09/1/2023 10:45 by disc0dave45
FDEV issued a profit warning today and mentions that sales over the holiday period were also below expectations, the share price has dropped 36% and read across to others in the sector.
Tinybuild share price data is direct from the London Stock Exchange
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: D: 20230607 17:08:46