Year-end Report 2023
“The fourth quarter was weaker than we had hoped for, but it was another financially strong quarter for G5 despite the turbulent times facing the industry. The company continued to generate stable cash flow during the period, while our G5 Store gained additional traction and the new game release got off to a good early start,” said Vlad Suglobov, CEO of G5 Entertainment. “Revenue for the quarter slipped 13% to SEK 317 M. In USD terms the performance was -12% compared to a year earlier and -2% sequentially from the previous quarter. Adjusted for the revaluations EBIT was SEK 24.6 M