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Final results for the year ended 31 December 2021

XP Factory is pleased to announce its audited final results for the year ended 31 December 2021.


  • Group revenue up 163% at £7.0m (2020: £2.7m)

  • Adjusted EBITDA of £2.7m (2020: loss £1.4m) inclusive of £2.6m R&D credits, net of associated costs

  • Pre-IFRS 16 Adjusted EBITDA profit of £0.5m in the six months to 31 December 2021 (2020: loss £0.9m demonstrating critical mass achieved

  • Escape Hunt™ owner-operated revenue up 189% to £6.0m (2020: £2.1m)

  • £3.4m positive Site Level EBITDA from owner-operated sites (2020: £0.4m) was driven by a strong bounce back in trade post lifting of Covid restrictions in mid-May 2021

  • Franchise EBITDA of £0.3m (2020: £0.3m)

  • Group operating loss of £0.5m (2020: loss of £6.4m) helped by strong H2 trading and £2.6m R&D credits (net)

  • £16.1m net of expenses raised through an equity placing and open offer to fund acquisition of Boom Battle Bar in November 2021

  • Cash at year end £8.2m (2020: £2.7m) and £6.9m on 30 April 2022

See here for full details.


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