Company Announcement No. 5-2023
Highlights
Q1
- Revenue was
DKK 11.3m , a 17% YoY decrease. -
EBITDA was
DKK 1.9m , a 40% YoY increase. -
EBT was
DKK 0.5m , a 134% YoY increase. - Unique paying users was 44,295, a 17% YoY decrease.
- Total transactions were 118,409, a 34% YoY decrease.
- Total installs were 2.3m, a 30% YoY increase.
CEO comment
Q1 2023 is the first quarter where Trophy Games' new growth strategy is reflected in the numbers - a strategy different from the previous years' approach. In 2022, we said we would focus on a balanced revenue and profit strategy. Leading into Q1 2023, the team was laser-focused, and we are now excited to share that we achieved EBT of
However, within the Transport Series, the release of Shipping Manager, and the upcoming release of Train Manager in June, Trophy Games expects to see steady growth for the rest of the year. Shipping Manager is already performing well with monthly revenue expected to exceed
The focus for Trophy Games until the release of The Ranchers in H1 2024 is to continue scaling the Transport Series and acquiring new companies.
Additionally, there are upcoming updates for Airline Manager and
We have a cash reserve of
Thank you for your continued support.
Sincerely,
Søren Gleie
CEO, Trophy Games
Contact Information
TROPHY GAMES Development A/S
Søren Gleie, CEO
Office (+45) 7172 7573
Email: soren@trophy-games.com
Mikkel Bryggers Gade 4, 2. sal, 1460 Copenhagen K,
Certified Adviser
Norden CEF
Email: jn@nordencef.dk
A/S Kongevejen 365, 2840 Holte,
About Trophy Games
Trophy Games is an innovative,
https://news.cision.com/trophy-games/r/q1-update--trophy-games-generates-a-positive-ebt,c3770557
https://mb.cision.com/Main/20400/3770557/2063950.pdf
https://mb.cision.com/Public/20400/3770557/b2d5368fc0e2bef8.pdf
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