G5 Entertainment AB Announces Preliminary Earnings Guidance for the Fourth Quarter and Full Year Ended December 2016
January 03, 2017 at 02:30 am
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G5 Entertainment AB announced preliminary earnings guidance for the fourth quarter and full year ended December 2016. For the period October-December 2016, the company forecasts quarterly revenue of approximately SEK 184 million, which corresponds to achieving 82% revenue growth compared to the same period of 2015.
For the full year 2016, the company forecasts revenue of approximately SEK 516 million, which corresponds to achieving 34% revenue growth compared to 2015.
G5 Entertainment publ AB is a Sweden-based developer and publisher of downloadable casual and free-to-play games for smartphones and tablets. The Company offers a range of game genres, such as Adventure & Hidden object and Strategy & Time management. Its product portfolio comprises two types of games: Free-to-play, providing The Secret Society, Virtual City, and Doomsday Preppers, among others, that are games based on a pay as you go model; and Unlockable, which supplies a try before you buy game model, included in Special Enquiry Detail, Supermarket Mania, as well as Stand OâFood. The Companyâs games are available on Appleâs iPhone and iPad, Mac, devices powered by Google Android and Windows 8, tablets and e-readers, such as Kindle Fire from Amazon. Furthermore, the Company is a parent of G5 Holdings Limited, G5 Holding RUS LLC, G5 Entertainment Inc and G5 Holding UKR LLC.
G5 ENTERTAINMENT AB 
