Earnings Release • Jul 9, 2024
Earnings Release
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Report Content The Management Board of Vivid Games S.A. (hereinafter referred to as:the _quot;Company_quot;, _quot;Issuer_quot;), informs that on July 9th, 2024, the Issuermade an estimated determination of the Company's preliminary financialresults for June 2024.
Sales revenue for June 2024 is expected at PLN 1.13 million. The grossresult at PLN 0.04 million, net result at the level of PLN 0.04 million.The cash balance in the Company's bank accounts at the end of June 2024amounted to PLN 0.7 million. In connection with the overdraft agreement(ESPI No. 5/2024), the level of credit utilization was PLN 3.6 million.
Cumulatively, for the first half of 2024, the Issuer expects thefollowing results: sales revenues at the level of PLN 7.4 million, grossresult at the level of PLN -0.3 million, net result at the level of PLN-0.3 million and EBITDA at the level of PLN 1.1 million.
The Management Board informs that this report contains preliminary data,which may differ from the final data. Data for 2024 will be verifiedboth internally and in the audit process by a statutory auditor, and thefinal information on the result and sales revenues, taking into accountthe data for the indicated period, will be presented in periodicreports, including the annual report for 2024.
Disclaimer: This English translation, including all attachments, hasbeen prepared solely for the convenience of English-speaking readers.Despite all efforts devoted to this translation, there may be somediscrepancies, omissions or approximations. In the event of anydifferences between the Polish and English versions, the Polish versionshall prevail. Vivid Games S.A., its representatives and employeesdisclaim all liability in this regard.
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