The Ranchers Delay - Guidance Downgrade
Company Announcement No. 4-2023 Copenhagen, 27. April 2023 - This message contains inside information -The Ranchers, which Trophy Games is publishing, has been delayed from Q3 this year to Q1 2024. Subsequently, the budgeted Ranchers revenue of DKK 10m, EBITDA of DKK 3.5m, and EBT of DKK 3.5m will first be recognized next year. As a consequence of the delayed cash flow, we have to downgrade the 2023 guidance we announced in November last year of DKK 56-65m in revenue, 8-14m EBITDA, and 3-8m EBT to new guidance of DKK 46-55m revenue, 4.5-10.5m EBITDA, and -0.5-+4.5m EBT. The delay