G5 Entertainment Group: Interim Report January – June 2019
STOCKHOLM--(BUSINESS WIRE)--Jul 30, 2019--
G5 Entertainment Group (STO:G5EN):
April – June 2019
“We launched two new games during the second quarter and Jewels of Rome became our best game launch in the company’s history as the game became number four by daily revenue in our portfolio just a couple weeks after it was released on all major platforms. We also aim to release two more games before the end of the year. Thanks to the development capacity we grew over the past couple years we are on track to release the four new games in 2019 as promised,” said Vlad Suglobov, CEO of G5 Entertainment. “The company is in a strong financial position to execute on our strategy and we will continue to manage G5 this way while creating new growth drivers.”
This information is information that G5 Entertainment AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 07:30 CET on July 30, 2019.
About G5 Entertainment
G5 Entertainment Group develops and publishes high quality free-to-play games for both smartphones and tablets that are family-friendly, easy to learn, and targeted at the widest audience of both experienced and novice players. The group distributes their games through the Apple, Google, Amazon, and Windows application stores. The company’s portfolio includes popular games likeHidden City®, Mahjong Journey®, Jewels of Rome®, Homicide Squad®, Survivors: The Quest®, The Secret Society® and Pirates & Pearls (tm).
G5 Entertainment AB (Publ) is listed on Nasdaq Stockholm main market under trade symbol G5EN.ST. For the 6 th year in a row, G5 Entertainment is ranked in Deloitte’s Top 50 Fastest Growing Tech Companies of Sweden.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190729005753/en/
CONTACT: Vlad Suglobov, CEO,email@example.com
Stefan Wikstrand, CFO, +46 76 00 11 11 5
KEYWORD: SWEDEN EUROPE
INDUSTRY KEYWORD: ONLINE MOBILE ENTERTAINMENT ENTERTAINMENT GENERAL ENTERTAINMENT
SOURCE: G5 Entertainment Group
Copyright Business Wire 2019.
PUB: 07/30/2019 01:30 AM/DISC: 07/30/2019 01:30 AM