Interim Report January - September 2021: : G5 Entertainment AB
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
- Revenue for the period was SEK 327.6 M (332.4), a decrease of 1 percent compared to the same period in 2020 in SEK terms. In USD terms revenue grew 1 percent year-over-year.
- Gross margin increased to 64 percent (59 percent), as larger share of revenue is coming from own games together with the lowered store fees on the Microsoft platform that went from
30% to12% from August 1, 2021. - EBIT for the period was SEK 56.5 M (53.7).
- Net result for the period was SEK 47.5 M (48.5).
- Earnings per share for the period, before dilution, was SEK 5.82 (5.59).
- Cash flow amounted to SEK -39.2 M (32.1), affected negatively by share repurchases of SEK -88.8 M (-4.6).
- Average Monthly Active Users (MAU) was 6.7 million, a decrease of 2 percent compared to the same period in 2020. Average Daily Active Users (DAU) was 1.8 million, an increase of 2 percent compared to the same period in 2020. Average Monthly Unique Payers (MUP) was 197.7 thousand, a decrease of 7 percent while Average Monthly Average Gross Revenue Per Paying User (MAGRPPU) was USD 68.1, an increase of 13 percent compared to the same period last year.
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.
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SOURCE G5 Entertainment AB