ABOUT US
A LIFETIME OF PLAY
Team17 Group is a leading global indie games label developer and publisher of premium video games and apps.
The Group was founded in 1990, and Team17’s Games Label successfully launched in 2014. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.
Today, the Company employs over 350 people across 8 locations in 5 countries, and operates across three divisions – Team17 Games Label, StoryToys and astragon.
The business generates 73% of sales from its back catalogue, with 35% of sales come from its owned first-party IP. Our games appeal to a wide range of gamers, from 2 to 60 years of age and across over 100 games.
In FY2023, the Group delivered revenues of £159.1m (2022: £142.3m), gross profit of £57.5m (2022: £69.5m) and adjusted EBITDA (excluding title impairments) of £41m (2022: £48.8m),alongside launching 17 new games and apps in the period.