Interim Report January – September 2024
“The challenges we face with a mature portfolio continue as we balance our top-line and profitability. At the same time, we continue to develop the potential in our new games pipeline and are optimistic about our future prospects,” said Vlad Suglobov, CEO of G5 Entertainment. “Revenue for the quarter was SEK 270 M and our gross margin rose to an all-time high of 68.8 percent from 68.1, thanks to an increasing amount of revenue coming from our direct-to-consumer channel, the G5 Store. Revenue through this channel grew 27 percent in USD terms over the past year and made-up 17 percent of our