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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
G5 Entertainment Ab (publ) | LSE:0QUS | London | Ordinary Share | SE0001824004 | G5 ENTERTAINMENT ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 96.60 | 94.20 | 99.00 | 269 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Prepackaged Software | 1.32B | 127.57M | 15.2164 | 0.63 | 809.89M |
STOCKHOLM, Nov. 5, 2021 /PRNewswire/ --
July - September 2021
"The third quarter is behind us, and it is reassuring to see players continue to enjoy the games our developers worked so hard on," said Vlad Suglobov, CEO of G5 Entertainment. "Already after September, we are close to topping the full year results from 2020. Revenue during Q3 in USD terms rose 1% year-over-year and slipped 1% in SEK due to FX. Underpinning this performance, in USD terms, is the 36% year-over-year growth in our new generation of games and 7% rise in own games. The new generation of games, those titles released during the last two years (since summer 2019), made up half of the revenue during the past quarter after growing 1% sequentially from the second quarter, while own games accounted for 66% - both new records for G5 and a clear indication of just how compelling these games are. EBIT for the first nine months of 2021 was 160 MSEK, up 16% year-on-year and on track to exceed last year's EBIT when we close the fourth quarter. The company has shifted to a higher gear thanks to the great game titles the G5 development team has produced and excellent work of our marketing team, so we look forward to seeing how we perform in the seasonally strong Q4 and Q1."
For additional information, please contact:
Vlad Suglobov, CEO, investor@g5e.com
Stefan Wikstrand, CFO, +46 76 00 11 115
This disclosure contains information that G5 Entertainment AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 05-11-2021 07:30 CET.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/g5-entertainment-ab/r/interim-report-january---september-2021,c3447734
The following files are available for download:
https://mb.cision.com/Main/10169/3447734/1491875.pdf | G5E_Q3_2021_EN |
View original content:https://www.prnewswire.com/news-releases/interim-report-january--september-2021--g5-entertainment-ab-301417432.html
SOURCE G5 Entertainment AB
Copyright 2021 PR Newswire
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