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tinyBuild – 2023 results argue “has the capability to deliver over the coming years”. Does it though?…

By Steve Moore | Tuesday 23 April 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Describing itself as “a premium video games publisher and developer with global operations”, tinyBuild (TBLD) has announced 2023 calendar year results including noting an “opening gap in release windows that is being created by the recent series of titles cancellations and teams' closures industry-wide: in the next 12 to 36 months, there should be fewer competing titles launched than otherwise across all platforms, creating more space for our games to be seen and experienced”. That sounds like good news for it, so why a share price currently more than 20% lower back below 5p?
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