Interim Report January – September 2025
“In the third quarter we have seen a sequential increase in USD revenue compared to Q2. It is the first time we have achieved stabilization and even sequential growth in many quarters. It was not by accident, but through systematic work to stabilize the performance of our portfolio during 2025,” said Vlad Suglobov, CEO of G5 Entertainment. “Changes that were identified and made to Sherlock during Q1 and Q2 allowed marketing to expand the user acquisition for the game with new energy: Sherlock revenue grew sequentially 2.4% from Q1 to Q2, and then 5.2% from Q2 to Q3. Year-over-year the game