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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 15
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