Space Ape Games (UK) Limited

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Space Ape Games (UK) Limited - overview

Established

2012

Location

London, England, UK

Primary Industry

Software

About

Space Ape Games is a mobile game development company that creates engaging and entertaining gaming experiences for a global audience, focusing on interactive gameplay and user-generated content. Founded in 2012, Space Ape Games is headquartered in London, UK, and specializes in developing mobile games. The company has made 9 deals to date, with the most recent deal occurring on November 4, 2024. Space Ape has raised a total of USD 37.


00 mn, with the latest funding round attracting investment from Supercell. The firm was established by Emery Bishop, Jackson Griese, John Earner, and Radu Caracaleanu, with Emery Bishop and John Earner currently serving as the CEO. Space Ape Games specializes in developing mobile games designed to engage and entertain a global audience. Their core product offerings include 'Beatstar,' a music game that integrates popular tracks and artists into an interactive gaming experience, and 'Chrome Valley Customs,' a game that allows users to design and customize vintage vehicles.


These products cater to a diverse clientele, including casual gamers and music enthusiasts, and are available in various international markets, such as North America, Europe, and Asia. By focusing on user-generated experiences, Space Ape aims to provide engaging and immersive gameplay that resonates with a wide range of players, reflecting years of industry experience. In 2022, Space Ape Games reported a revenue of USD 49. 27 mn and an EBITDA of USD -9.


08 mn. The company generates revenue primarily through direct-to-consumer transactions within their mobile gaming platforms. Players can access their flagship products, such as 'Beatstar' and 'Chrome Valley Customs,' through free downloads that often include in-game purchases for additional content, features, or virtual goods. The company also explores partnerships with music labels and artists, enhancing their product offerings while driving revenue through collaborations.


The transaction structure typically involves users making one-time purchases or recurring payments for premium content, offering a sustainable revenue model that aligns with the dynamic nature of mobile gaming, thereby attracting a loyal user base. The acquisition of Space Ape Games by Supercell Oy, announced on November 4, 2024, aims to enhance Supercell's expansion efforts. Future plans include the development of new products and expanding into additional markets to leverage the resources and strategic advantages provided by Supercell. The specifics of upcoming game releases have not been disclosed, but the acquisition is expected to bolster the company's capabilities in reaching new audiences and enhancing its product offerings.


Current Investors

Supercell Oy, Sega Networks, Supercell

Primary Industry

Software

Sub Industries

Gaming

Website

www.spaceapegames.com

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Space Ape Games (UK) Limited - timeline of key events

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Space Ape Games (UK) Limited - financials

Fiscal Year EndedJun 30, 2016Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)15,958,21612,699,08526,700,13231,737,43119,792,21325,360,535---
% Revenue Growth (YoY)---18.9%(37.6%)28.1%---
EBITDA (USD)(274,764)3,644,6973,072,3431,202,042(1,034,055)72,452---
Operating Income (USD)(1,904,310)2,406,893698,971(620,469)(1,128,375)17,430---
Operating Margin(11.9%)19.0%2.6%(2.0%)(5.7%)0.1%---
% EBITDA Margin(1.7%)28.7%11.5%3.8%(5.2%)0.3%---
NET Income (USD)(1,261,743)5,225,9744,009,528933,072(1,221,678)(126,482)---
% Net Margin(7.9%)41.2%15.0%2.9%(6.2%)(0.5%)---

Space Ape Games (UK) Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSpace Ape Games (UK) Limited -
Secondary Stock PurchaseCompletedSpace Ape Games (UK) Limited -

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Space Ape Games (UK) Limited - employee data

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