Investor Presentation
BALANCE SHEET
$'000
2020
2021
1H 2021
1H 2022
Non-Current Assets
Intellectual property
23,254
53,382
40,117
49,640
Capitalised developments costs
28,319
44,441
56,829
52,960
Goodwill
159
66,820
40,117
66,820
Deferred tax assets and others
1,708
2,639
1,820
237
Total Non-Current Assets
53,440
167,281
122,639
169,657
Current Assets
Cash in bank
43,529
86,239
66,801
Accounts Receivable & prepaid expenses
16,208
19,355
9,712
74,176
19,989
Prepaid Income tax
8,512
569
4,705
Total Current Assets
59,737
114,106
77,072
TOTAL ASSETS
113,177
281,387
199,711
98,870
268,527
Current Liabilities
Trade, other payables and accrued expenses
18,305
17,835
9,479
Deferred revenue
599
4,482
1,913
13,956
5,047
Amounts due to shareholders
20,837
Deferred Tax Payable & Other
983
1,434
6,916
Total Current Liabilities
40,744
23,751
18,308
19,003
Non-Current Liabilities
TOTAL LIABILITIES
920
10,883
10,406
10,883
41,664
34,634
28,714
29,866
TOTAL EQUITY
71,513
246,753
170,997
238,641
TOTAL EQUITY & LIABILITIES
113,177
281,387
199,711
268,527
Devolver Digital
Investor Presentation
• The Group's net asset position was
$238.6 million at 30 June 2022
reflecting:
Capitalised development costs of
US$53.0 million reflecting ongoing
development of the games pipeline.
。 IP balances of US$49.6 million,
reducing due to amortisation of IP.
Goodwill from acquisitions recorded
at US$66.8 million.
Cash holdings of US$74.2 million
after 1H development expense of
US$15.6 million.
Accounts payable and accounts
receivable largely balanced
throughout the year, dependent on
cash collection timing.
Deferred Revenue increased to
US$5.0 million, reflecting revenues
from bundled deals not yet released.
D
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