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Team17 owner Everplay increases shareholding in Wardogs dev Bulkhead, touts strong FY26 results

Team17 owner Everplay increases shareholding in Wardogs dev Bulkhead, touts strong FY26 results

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Team17 owner Everplay increases shareholding in Wardogs dev Bulkhead, touts strong FY26 results

Wardogs surpassed one million copies after entering early access on September 10

Image credit: Bulkhead News by Sophie McEvoy Staff Writer Published on Sept. 15, 2026, 9:43 a.m. Follow Everplay Team17 owner Everplay expects strong full-year results, as Bulkhead's Wardogs and Expression Games' Hell Let Loose: Vietnam are outperforming expectations.

Everplay has also increased its stake in Bulkhead following Wardogs' success since entering early access on September 10.

Tencent previously owned Bulkhead , which was sold last December to a consortium including Everplay, Super Media Group, and Hiro Capital.

In its unaudited half-year results for the six months ended June 30, 2026, Everplay reported an 8% decrease in revenue to £66.9 million and a 29% drop in profit to £23.9 million.

Despite these declines, Everplay's back catalogue revenue increased 1.2% to £64.3 million across more than 150 titles.

Four new titles launched in the first half, including Lumentale: Memories of Trey, Sintopia, Wardrum, and Rogue Point.

Subsidiary StoryToys saw revenue grow by 43%, active subscribers increase by 22% to 408,000, and total downloads surpass 18 million.

Everplay raised its game development investment by 14% to £16.4 million, enabling work on 20% more titles than last year.

Currently, 65% of games in development are based on original concepts and first-party IP.

"Our back catalogue posted another resilient performance in a half in which there were no major new releases, underpinning the solid foundations upon which Everplay is built," said CEO Mikkel Weider.

"With a strong balance sheet, resilient catalogue, growing portfolio of first-party IP and innovative third-party games, we are well positioned to deliver accelerated growth."