World of Adventures™

March 27, 2020

G5 Entertainment releases Jewels of The Wild West for worldwide pre-order

G5 Entertainment announces the availability of its new free-to-play Match-3 puzzle, Jewels of The Wild West for pre-order in the Apple App Store.

The game is a unique combination of city-building and Match-3 that features thousands of puzzle-matching levels with the aim of restoring and reconstructing Colinstown, a troubled outpost in the Old West. In this game, players can enjoy a captivating storyline and engage with charismatic townspeople set in an adventure-filled Western themed town inspired by the history and tales of the Wild West.

As with all new G5 games, Jewels of the Wild West will have the G5 Friends network built-in, making it possible to play with friends.

For additional information please contact:
Vlad Suglobov, CEO, investor@g5e.com
Stefan Wikstrand, CFO, +46 76 00 11 115

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March 27, 2020

The board of directors of G5 Entertainment utilizes authorization of repurchase of own ordinary shares

The board of directors of G5 Entertainment AB (publ) (the "Company" or "G5 Entertainment") has resolved to initiate repurchase of ordinary shares through authorization by the Annual General Meeting in the Company on 8 May 2019. The purpose with the authorization is to provide the Board with greater possibilities to adapt the capital structure of the Company to the capital requirement from time to time and thus be able to contribute to increased shareholder value. Further, the purpose of the authorization is to enable the Company to continuously adapt its capital requirements and enable the Board to transfer shares in connection with acquisitions of companies through payment in the form of the Company's own ordinary shares. 

Repurchase of ordinary shares may be executed, on one or several occasions, until the end of the next annual general meeting in the Company on 8 June 2020. However, the holding of own shares may not at any time correspond to more than ten (10) percent of the total number of shares in the Company. Since, the Company already holds 260,000 own class C shares, the Company may repurchase a maximum of 668,135 ordinary shares. Repurchase shall be made at a price per share within the price range of Nasdaq Stockholm at any given time, which means the interval between the current highest purchase price and the lowest selling price published on a regular basis by Nasdaq Stockholm. Payment for the shares shall be paid in cash.

G5 Entertainment has instructed ABG Sundal Collier AB to repurchase ordinary shares on behalf of the Company.

At the date of announcement of this press release, the Company holds 260,000 own class C shares and 0 own ordinary shares, corresponding to 2.8 percent of the total number of shares in the Company. 

For additional information, please contact: 
Stefan Wikstrand, CFO, +46 76 00 11 11 5

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March 10, 2020

G5 once again named one of Europe’s fastest-growing companies

G5 Entertainment has been named as one of Europe’s fastest growing companies for the fourth consecutive year, according to the Financial Times FT1000 2020 report.

The report, published by the Financial Times in partnership with Statista, one of the world’s leading statistics portals, lists the companies in 31 European countries that have achieved the highest annual growth rates in revenue between 2015 and 2018.

"It’s a privilege to once again make it into the FT1000 list and be recognized for the tremendous growth we have achieved over the years," said Vlad Suglobov, CEO of G5 Entertainment.

"G5 was included in Deloitte Technology Fast 50 Sweden for 6 years in a row and was most recently named the 2nd best share of the decade by Placera in Sweden. These ratings highlight long-term growth and long-term value creation, something that G5 has been consistently delivering with our portfolio approach. Our games provide low-cost entertainment to millions of players, which they can enjoy in the comfort of their homes. With the increased traction of our games at the end of the last year, a promising start of this year, and five upcoming new game released in 2020, we are well-prepared to continue delivering on our strategy in the years to come."

The latest FT1000 list of Europe’s fastest-growing companies is available here:
https://www.ft.com/reports/europes-fastest-growing-companies

For additional information please contact:
Vlad Suglobov, CEO, investor@g5e.com
Stefan Wikstrand, CFO, +46 76 00 11 115

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February 20, 2020

G5 Entertainment releases Jewels of Mahjong

G5 Entertainment announces the release of its new free-to-play mahjong solitaire game, Jewels of Mahjong, now available globally in the Apple App Store, Google Play and Microsoft Store.

Jewels of Mahjong features hundreds of tile-matching levels with the aim of restoring and reconstructing a Roman Empire settlement. In this game, players can enjoy a combination of innovative gameplay and adventurous captivating storyline full of twists and turns surrounded by scenic historical buildings and landmarks inspired by Ancient Rome.

As with all new G5 games, Jewels of Mahjong will have the G5 Friends network built-in, making it possible to play with friends.

For additional information please contact:
Vlad Suglobov, CEO, investor@g5e.com
Stefan Wikstrand, CFO, +46 76 00 11 115

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February 12, 2020

Year-end Report 2019

October – December 2019

"2019 was an important year for G5 as we continued to deliver on our strategy of a sustainable, healthy and self-funded development of the company. We achieved it by being profitable and cash flow positive, a base that gives us the ability to take managed risks in the business. This approach has produced the outstanding growth we have seen in the last 10 years," said Vlad Suglobov, CEO of G5 Entertainment. "In the fourth quarter our own games grew 8 percent year-over-year and almost 30 percent year-over-year in January, powered by Jewels of Rome, which we launched in June 2019. The year ahead will be an exciting year for us with so many new games recently released, and others set to hit the market. 2019 was about optimizing our larger development teams and in 2020 we will start to benefit from the hard work."

  • Revenue for the period was SEK 328.1 M (340.7), a decrease of 4 per cent compared to 2018.
  • Gross margin increased to 56% (53%), as a larger share of revenue is coming from own games.
  • EBIT for the period was SEK -4.1 M (18.6), the quarter was negatively impacted by write-downs of SEK -5.7 M and currency translation difference of operational assets and liabilities of SEK -4.1 M.
  • Net result for the period was SEK -4.4 M (17.1).
  • Earnings per share for the period, before and after dilution, was SEK -0.48 (1.90).
  • Cash flow amounted to SEK 23.8 M (40.7).
  • For the free-to-play games the average Monthly Active Users (MAU) was 5.8 million, a decrease of 28 per cent compared to the same period in 2018. Average Monthly Unique Payers (MUP) was 215.7 thousand, a decrease of 22 per cent and average Daily Active Users (DAU) was 1.6 million, a decrease of 18 per cent compared to the same period in 2018. Average Monthly Average Gross Revenue Per Paying User (MAGRPPU) was USD 52.3, an increase of 17 percent compared to the same period last year.
  • The Board intends to propose a dividend of SEK 2.5 (2.5) per share, equal to approximately SEK 22.6 M (22.5).

For additional information please contact:
Vlad Suglobov, CEO, investor@g5e.com
Stefan Wikstrand, CFO, +46 76 00 11 115

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