Hugo Games A/S Provides Earnings Guidance for the First, Second, Third, Fourth Quarter and Full Year of 2016
January 06, 2016 at 02:00 am
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Hugo Games A/S provides earnings guidance for the first, second, third, fourth quarter and full year of 2016. For the first quarter, the company expects net revenue to be in the range of DKK 2.887 - DKK 3.528 and LBITDA of DKK 3,165,000 to DKK 2,544,000.
For the second quarter, the company expects net revenue to be in the range of DKK 6,751,000 - DKK 8,252,000 and LBITDA of DKK 1,310,000 to EBITDA of DKK 89,000.
For the third quarter, the company expects net revenue to be in the range of DKK 11,008,000- DKK 13,454,000 and EBITDA of DKK 3,239,000 to DKK 5,563,000.
For the fourth quarter, the company expects net revenue to be in the range of DKK 14,778,000- DKK 18,062,000 and EBITDA of DKK 6,305,000 to DKK 9,371,000.
For the year, the company expects net revenue to be in the range of DKK 35,424,000- DKK 43,296,000 and EBITDA of DKK 5,069,000 to DKK 12,479,000.
5Th Planet Games A/S, formerly Hugo Games A/S is a Denmark-based game development company that creates, develops and publishes online and offline mobile games globally. The Company focuses on casual mobile games, where a play session takes up to 15 minutes, and can be picked up quickly and easily. It also focuses on semi-casual games are often characterized by being multi-player games and yet multiplayer games tend to see a higher retention and monetization per active user. 5Th Planet Games A/S has a portfolio of games available on iOS and Android, including Hugo Troll Race 2, Cristiano Ronaldo: KickânâRun, Before Your Eyes, Snakebite as well as Tintin Match. The Company has two offices in Copenhagen and Berlin.