"As we conclude the first quarter of 2024, we are pleased to report another period of financial stability. Our performance in Q1 underscores the resilience of our business model, with a strong EBIT margin, robust cash conversion, and a record cash position of SEK 256 M," said Vlad Suglobov, CEO of G5 Entertainment. These achievements reflect our dedication to driving profitability and creating long-term value for our shareholders. Revenue from G5 Store grew 55 percent year-over-year and 2 percent sequentially. The continued growth of our G5 Store remains a cornerstone of our success, accounting for 13.5 percent of revenue compared to 7.9 percent the same period last year. This increasing share of revenue not only improves our gross margin but also continues to boost our overall profitability. EBIT was SEK 39 M, corresponding to an EBIT margin of 13.2 percent. Our largest games, including Sherlock, the Jewels family of games, and Hidden City, demonstrated stable, even though slightly declining, performance sequentially in Q1. These core titles continue to resonate with our audience, providing a solid foundation for sustained success. As we navigate the remainder of 2024, our primary objective remains to deliver another financially stable year. While we pursue this goal, we are concurrently focused on developing new games that have the potential to reshape our top-line dynamics and drive future growth."
January - March 2024

• Revenue for the period was SEK 297.4 M (345.4), a decrease of 14 percent compared to the same period in 2023 in SEK terms. In USD terms revenue decreased 14 percent year-over-year.
• Gross margin increased to 68.1 percent (67.4 percent), as a larger share of revenue is coming from G5's direct to consumer channel.
• EBIT for the period was SEK 39.2 M (39.8), a decrease of 2% corresponding to an EBIT-margin of 13.2% (11.5). EBIT was positively impacted by revaluations related to fx, primarily the USD, recorded in other income and expense amounting to SEK 9.4 M (1.1). Adjusting for the positive impact from other income and expense the EBIT margin would be 10.0 (11.2) percent.  
• Net result for the period was SEK 37.5 M (47.8), positively impacted by the finance net of SEK 2.4 M (10.1).
• Earnings per share for the period, before dilution, was SEK 4.76 (5.85).
• Cash flow amounted to SEK 71.4 M (26.3), negatively impacted by repurchases of own shares of SEK 12.9 M (13.9).
• Average Monthly Active Users (MAU) was 5.1 million, a decrease of 11 percent compared to the same period in 2023. Average Daily Active Users (DAU) was 1.5 million, a decrease of 10 percent compared to the same period in 2023. Average Monthly Unique Payers (MUP) was 147.4 thousand, a decrease of 17 percent while Average Monthly Average Gross Revenue Per Paying User (MAGRPPU) was USD 63.5, an increase of 3 percent compared to the same period last year.