Streamplay Studio Ltd Noodlecake Signs Harpooner Publishing Deal in Brazil

Streamplay Studio's Noodlecake Studios has signed a publishing deal for Harpooner with Brazilian indie studio Mango Salad Games, marking the publisher's first move into Latin America ahead of a targeted PC/Steam release in Q1 2027.
By Josua Ferreira -
  • Noodlecake Studios has signed a publishing agreement with Brazilian indie studio Mango Salad Games for Harpooner, an action-driven incremental fishing game targeting a PC/Steam release in Q1 2027.
  • The deal marks Noodlecake's first publishing partnership in Latin America, expanding its developer network beyond its established regions of North America, Australia, MEA and the Pacific Islands.
  • Harpooner is structured under Noodlecake's recoupment-first publishing model, under which the publisher recoups its investment before transitioning to ongoing revenue participation — the same framework that generated A$5.7 million in cumulative gross revenue for prior title Winter Burrow.
  • As a shorter-cycle project, Harpooner complements the larger-scale Tiebreakers and Project DS titles already in Noodlecake's pipeline, broadening the slate across genres, development stages and release timelines.
  • The company cautions that revenue outcomes from Harpooner cannot be reliably estimated at this stage, with any material financial contribution to be reflected in Streamplay's ordinary financial reporting.

Noodlecake pushes into Latin America with new Harpooner publishing deal

Streamplay Studio (ASX: SP8), through its wholly owned subsidiary Noodlecake Studios, has signed a new publishing agreement for Harpooner, a title being developed by Brazilian indie studio Mango Salad Games. The deal expands Noodlecake’s footprint into Latin America, marking a new developer market for the publisher.

Harpooner is an action-driven incremental fishing game currently in development for PC, targeting a Steam release in Q1 2027, subject to development progress and final scheduling.

The agreement adds a shorter-cycle project to Noodlecake’s forward slate, broadening the pipeline with a comparatively focused title while opening access to Brazil’s emerging indie development scene.

Deal highlights at a glance

  • Publishing agreement signed with Brazilian indie studio Mango Salad Games

  • Title: Harpooner, an action-driven incremental fishing game for PC

  • Expands Noodlecake’s footprint into Latin America

  • Structured under Noodlecake’s established recoupment-first publishing model

  • Targeting a PC/Steam release in Q1 2027, subject to development progress and final scheduling

What Harpooner brings to the slate

Harpooner is set following an extraterrestrial meteor crash, where players use progressively upgraded equipment to hunt increasingly unusual alien fish. The design combines active gameplay with incremental progression systems, offering a focused concept aimed at PC audiences.

Noodlecake first connected with the Mango Salad team at gamescom latam 2026 in Brazil, where Harpooner featured as part of the regional indie development showcase. Following subsequent discussions, Noodlecake entered the agreement to provide publishing and development support, with the scope later expanded to introduce additional gameplay depth and content ahead of commercial release.

Strategically, Harpooner represents a shorter-cycle project that complements Noodlecake’s larger premium PC and console publishing titles. These include the recently announced Tiebreakers (ASX: 4 June 2026) and Project DS (ASX: 16 June 2026), both involving larger-scale development programmes. The addition broadens the portfolio across genres, development stages and release timelines, helping to smooth the overall release cadence.

The Tiebreakers publishing deal, signed with French developer Tiecorp Studio, targets a worldwide mobile, PC and console release in Q4 2027 and attracted more than 175,000 views within the first 24 hours of its reveal, signalling early audience traction for the title.

Ryan Holowaty, CEO of Noodlecake

“Meeting the Mango Salad team at gamescom latam gave us the chance to see Harpooner early, and it grabbed us straight away. It has a strong hook and focused scope, and we’re excited to work with the team while also building our developer network into Latin America.”

How Noodlecake’s recoupment-first model works

The agreement is structured under Noodlecake’s established publishing framework. Under this recoupment-first structure, Noodlecake provides agreed development and publishing support, then recoups its investment and associated costs before transitioning to ongoing revenue participation with Mango Salad Games.

For investors, this structure helps de-risk Noodlecake’s investment by reducing upfront capital exposure while retaining exposure to the title’s longer-term commercial performance. The table below outlines how the model’s core features translate into potential investor benefits.

Noodlecake's Recoupment-First Publishing Model

Winter Burrow, a prior Noodlecake release, crossed A$5.7 million in cumulative gross revenue across Steam, Xbox and Nintendo Switch before expanding to mobile, offering a concrete reference point for how the recoupment model can perform once a title reaches commercial release.

Model Feature Investor Benefit
Recoups investment before profit share Reduces upfront capital exposure
Ongoing revenue participation after recoupment Retains long-term upside
Shorter development cycle Faster path to commercial release versus multi-year titles
New Latin American developer network Access to emerging indie talent pool

What comes next for Streamplay investors

Harpooner is currently listed on Steam for a Q1 2027 release, subject to development progress and final release scheduling. Investors should track this timeline as the key near-term milestone for the title.

The Company believes the agreement has the capability to deliver material revenue, citing Mango Salad’s talent as a developer and the prospect of expanding into a new market. However, revenue outcomes cannot be reliably estimated at this stage. Any outcome will depend on factors including development progress, release timing, platform performance, pricing, user uptake and any future platform or distribution arrangements, with any material financial contribution reflected in Streamplay’s ordinary financial reporting as applicable.

For context on scale, Noodlecake has over 60 published titles and more than 270 million downloads worldwide, operating across North America, Australia, MEA and the Pacific Islands. The growing pipeline of Harpooner, Tiebreakers and Project DS points to a broadening publishing strategy that spans multiple genres, timelines and platforms.

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Frequently Asked Questions

What is the Noodlecake Harpooner Latin America publishing deal?

Noodlecake Studios, a wholly owned subsidiary of ASX-listed Streamplay Studio (SP8), has signed a publishing agreement with Brazilian indie studio Mango Salad Games for Harpooner, an action-driven incremental fishing game targeting a PC/Steam release in Q1 2027. The deal marks Noodlecake's first publishing partnership in Latin America.

What is Harpooner and what kind of game is it?

Harpooner is an action-driven incremental fishing game set after an extraterrestrial meteor crash, where players use progressively upgraded equipment to hunt alien fish. It is being developed by Brazilian studio Mango Salad Games for PC, with a Steam release targeted for Q1 2027.

How does Noodlecake's recoupment-first publishing model work?

Under Noodlecake's recoupment-first model, the publisher provides agreed development and publishing support, then recoups its investment and associated costs before transitioning to ongoing revenue participation with the developer. This structure reduces Noodlecake's upfront capital exposure while retaining long-term commercial upside.

When is Harpooner expected to release on Steam?

Harpooner is currently listed on Steam targeting a Q1 2027 release, though the company notes this is subject to development progress and final release scheduling.

How does the Harpooner deal fit into Noodlecake's broader publishing pipeline?

Harpooner is a shorter-cycle project that complements Noodlecake's larger-scale titles including Tiebreakers and Project DS, broadening the portfolio across genres, development stages and release timelines. Noodlecake has over 60 published titles and more than 270 million downloads worldwide.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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