PlaySide Studios reported revenue of AUD 54.9 million for the fiscal year ended June 30, 2026, beating its guidance range of AUD 50 million to AUD 53 million and marking an 11% increase from the prior period. Net profit after tax totaled AUD 5.4 million, returning the company to profitability after restructuring, while operating cash flow reached AUD 10.7 million and the year-end cash balance stood at AUD 15.4 million.
The company raised AUD 13.9 million net through a share placement, share purchase plan and debt facility, with AUD 7.8 million contributed by the recently acquired DGTO business. PlaySide also reduced annualized overheads by AUD 12 million following two restructuring rounds, including an April 2025 initiative, and expects an additional AUD 5 million in annualized savings in FY2027. Headcount now totals 214 employees, with office consolidation planned from Port Melbourne to Docklands.
MOUSE: P.I. for Hire emerged as the company’s breakout title, generating AUD 24 million in revenue and surpassing 1.1 million units sold. The game launched simultaneously across six platforms, achieved a 94% “very positive” Steam review score and accumulated 3.3 million wishlists. Gross sales exceeded USD 30 million, with nearly USD 28 million recognized in the financial year. PlaySide’s back catalog now accounts for roughly 30% of original IP revenue, including franchises such as Kill Knight, Age of Darkness: Final Stand and the Dumb Ways series.
The company’s flagship title, Game of Thrones: War for Westeros, remains on track for a PC launch in early 2027. A teaser trailer released August 14 garnered over 15 million views and surpassed 300,000 wishlists, while a gameplay reveal is scheduled during Opening Night Live at gamescom. PlaySide holds a two-title agreement with Warner Bros. with no performance gate between projects. Separately, Dumb Ways to Build is set for release on PC and console on September 10, 2026, priced in the single-digit to mid-single-digit U.S. dollar range.
PlaySide lost the Horizon Worlds contract with Meta late in the financial year but has since secured new work-for-hire agreements with Meta, Epic Games and Zero Latency, targeting mid-size contracts in the AUD 5 million to AUD 10 million range. The company also completed the Civilization project for 2K in September 2025. Share price rose 4.55% to USD 0.12, though shares remain down 66.67% over the prior six months, with a market capitalization of USD 35.58 million and a debt-to-equity ratio of 0.01.
