Hutch Games
Development studio that's dedicated to making the best racing games for mobile.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
$275m Valuation: $275m 5.6x EV/Revenue 141.1x EV/EBITDA | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 247 % | 24 % | 30 % | 146 % | 9 % | - | (18 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (5 %) | (3 %) | 7 % | 4 % | 10 % | 6 % | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 5 % | 16 % | 26 % | 14 % | 12 % | (4 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Hutch is a mobile gaming company that specializes in creating car-themed games designed to entertain and engage players. The company operates in the mobile gaming market, targeting car enthusiasts and casual gamers alike. Hutch's business model revolves around the development and distribution of free-to-play games, monetized through in-app purchases and advertisements. The company is known for its transparency, providing clear access to players, finances, and decision-making processes. Hutch's flagship game, Top Drives, features a unique card racing system with over 4,000 officially licensed cars, offering players hundreds of campaign challenges and daily competitive events. The company emphasizes a work environment where teams have the freedom and responsibility to make decisions that best serve the players. Hutch also complies with data protection regulations, ensuring the privacy and security of user data.
Keywords: mobile gaming, car games, free-to-play, in-app purchases, player engagement, transparency, racing strategy, licensed cars, data protection, casual gamers.