This quarter’s key observations
Newsflow: Recent results announcements from UK publishers and developers have, in general, been positive. The period of significant game write downs appears to be over and the sector is recovering. UK company announcements, plus our analysis of Steam data, reveals multiple high potential releases for the second half of the 2025 calendar year. On pages 9 and 10 we discuss the H2 weightings of Devolver, everplay, Frontier and tinyBuild, and the high-potential game ....

03 Oct 2025
Zeus Video Games Sector Quarterly review – October 2025

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Zeus Video Games Sector Quarterly review – October 2025
tinyBuild Inc. (TBLD:LON), 9.8 | Devolver Digital, Inc. (DEVO:LON), 27.0 | Frontier Developments Plc (FDEV:LON), 457 | Everplay Group Plc (EVPL:LON), 381
- Published:
03 Oct 2025 -
Author:
Bob Liao, CFA | Carl Smith, CFA -
Pages:
22 -
This quarter’s key observations
Newsflow: Recent results announcements from UK publishers and developers have, in general, been positive. The period of significant game write downs appears to be over and the sector is recovering. UK company announcements, plus our analysis of Steam data, reveals multiple high potential releases for the second half of the 2025 calendar year. On pages 9 and 10 we discuss the H2 weightings of Devolver, everplay, Frontier and tinyBuild, and the high-potential game ....