Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

TruFin reports major milestone at subsidiary Playstack

(Sharecast News) - TruFin updated the market on its UK-based games publishing subsidiary Playstack on Monday, reporting a significant milestone with its latest release, Balatro, surpassing one million unit sales. The AIM-traded firm said Balatro, launched across multiple platforms including PC, PlayStation 5, PlayStation 4, Xbox Series X/S, and Nintendo Switch on 20 February, was Playstack's fastest-selling game to date.

It said anticipation among both players and critics preceded the game's release, and in less than a month, Balatro had garnered over one million sales and boasted an average playtime of 18 hours among PC gamers.

It had has earned an 'Overwhelmingly Positive' rating on gaming platform Steam, with more than 17,000 positive reviews, and a rating of 90 on the critic aggregator Metacritic.

"We're incredibly grateful for the support and enthusiasm from players worldwide," said Playstack chief executive officer Harvey Elliott.

"The game's success is a testament to the quality and creativity that the indie sector can deliver, proving that even in uncertain times, innovative games can thrive.

"We extend our deepest thanks to every player who has joined us on this adventure."

Playstack had plans for five more game releases in 2024, including survival crafting game Abiotic Factor, slated for launch in May.

"The Playstack team have, yet again, found another unique game to engage and entertain gamers across the globe," said TruFin CEO James van den Bergh.

"Playstack is process-driven, with a repeatable and scalable business model. Balatro is yet another release which proves the success of that model."

At 1319 GMT, shares in TruFin were up 2.73% at 62.15p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Agronomics investee Solar Foods raises EUR 8m
(Sharecast News) - Cellular agriculture investor Agronomics announced on Friday that its portfolio company Solar Foods had raised an additional €8m through Finnish investment organiser Springvest.
Berenberg hikes target price on Greggs
(Sharecast News) - Analysts at Berenberg raised their target price on bakery chain Greggs from 3,550.0p to 3,990.0p on Friday as it noted that customer appeal had broadened as its market share was expanding.
Thousands of UK firms fighting for survival - Begbies Traynor
(Sharecast News) - More than half a million UK business are fighting for survival, according to an industry research published on Friday, weighed down by the weak economy.
Thruvision FY24 adjusted underlying losses widen
(Sharecast News) - Security technology business Thruvision said on Friday that adjusted underlying losses had widened in FY24 as revenues fell.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.