Trophy: Preliminary Q1 results indicate 76% revenue growth
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Preliminary Q1 results indicate 76% revenue growth - Trophy Games Raises Guidance
4. april 2024
RegulatoryCompany Announcement no. 4/2024 (April 04, 2024)
*Contains inside information
In preparation for the Q1 report, we have preliminary unaudited Q1 numbers indicating:
Q1 2024 Q1 2023 Difference
Revenue: DKK 19.9m DKK 11.3m +76%
EBITDA: DKK 4.8m DKK 1.9m +153%
EBT: DKK 3.0m DKK -0.5m + DKK 3.5mThe full Q1 report is expected to be released on April 25th, 2024.
As a consequence of the preliminary numbers, Trophy Games raises its guidance for the financial year 2024, posted back in November 2023:
New Guidance:
Revenue: DKK 63m-71m
EBITDA: DKK 14m-18m
EBT: DKK 5m-8mOld Guidance (November 2023):
Revenue: DKK 59m-68m
EBITDA: DKK 11m-15m
EBT: DKK 2m-6mCEO Comment:
We have experienced a very strong Q1 and managed to raise the profitability of the games by introducing ad monetization and increasing our marketing performance.Contacts
Trophy Games Development A/S
Søren Gleie, CEO
Office (+45) 7172 7573
Email: [email protected]
Mikkel Bryggers Gade 4, 2. sal, 1460 Copenhagen K, DenmarkTrophy Games har en betalt digital IR-aftale med Proinvestor.com
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