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G5 Entertainment — Earnings Release 2015
Oct 6, 2015
3051_rns_2015-10-06_c76e5583-d268-4422-bf25-df5632d587f6.pdf
Earnings Release
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Preliminary results July-September 2015
Based on the information available for the period July-September 2015, G5 forecasts quarterly revenue of approximately SEK 96 M, which corresponds to achieving 50 per cent revenue growth versus comparable figures for the same period 2014.
For the interim period January-September 2015, G5 forecasts revenue of approximately SEK 283 M, which corresponds to achieving 59 per cent revenue growth versus comparable figures for the same period 2014.
From the first quarter of 2015 G5 reports its revenue including application store commissions, which may represent up to 30% of end user price. The comparison figure for 2014 has been adjusted accordingly. Reported revenue for Q3 2014 was SEK 45 M.
The group's interim report for the period January-September 2015 will be released on November 6, 2015.
More information about the Company can be found on www.g5e.se/corporate.
For further information, please contact:
Vlad Suglobov, CEO, [email protected]
Stefan Wikstrand, CFO, +46 8 4 11111 5
The G5 Entertainment group is a developer and publisher of high quality casual and free-to-play games for tablets and smartphones, that are distributed through iPhone, iPad, Android, Mac and Windows application stores. G5 Entertainment´s portfolio includes popular games like Mahjong Journey, Farm Clan, The Secret Society, Virtual City Playground and Supermarket Mania. G5 Entertainment AB is listed on Nasdaq Stockholm since 2014.