Wyplay continues its expansion
February 11, 2021
Wyplay – a global TV Professional Services and Video Platform Solutions provider – announces an increase in its net profit to more than K€500 compared to 2019. Over the past year, Wyplay generated a turnover exceeding €10 million and an EBITDA of €1.8 million.
In 2020, 4 new TV operators joined Wyplay’s customer base, respectively for two Android TV and two RDK projects. In addition, Wyplay strengthened its international coverage in February 2020 with the creation of its Wyplay Americas subsidiary. In order to meet customer needs and deadlines, Wyplay maintained its recruitment efforts over the year.
In the meantime, Wyplay has consolidated its Professional Services offer and strengthened its positioning as a System Integrator. Throughout the year, Wyplay has realized 4 consulting missions to support operators in porting their applications to connected TV and video game consoles. In addition, Wyplay helped 3 operators by bringing product definition missions on Android TV and on RDK. Moreover, in 2020, Wyplay has integrated and certified several OTT/top tier applications such as Netflix, Disney+, YouTube and Amazon Prime Video.
“Despite a year impacted by the COVID-19 pandemic, Wyplay managed to secure its financial results.” said Jacques Bourgninaud, CEO of Wyplay. “In these times of crisis, our employees have shown great adaptability and have successfully changed their way of working to improve both our development capacity and our business relationships. I am pleased to welcome on board 4 new TV operators. We will do our best to deliver the services and solutions they are looking for and create the strong relationship and confidence we are used to have with all our customers.”