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#G5 Entertainment: Rankings point towards sequential increase in Q4

newlogo G5 Entertainment will soon release its preliminary Q4 revenue numbers. Usually, G5 reports  preliminary numbers 3-4 working days after the end of the quarter, which this time most likely means on January 3rd 2014.

With two new F2P games released in recent weeks and several Christmas-updates for its most successful games such as Secret Society, G5 Entertainment has done its utmost to be well positioned going into the prime time of app sales.

As you can see in the graph below, the improvement in Q4 compared with Q3 2013 is pretty obvious. In Q3 2013, G5 recorded revenues of SEK 21,9m and looking at the trend in Q4 we think it is reasonable to expect a higher number than that in Q4. In Q4 2012, G5 recorded revenues of SEK 20,7m, so the company seems back on track to deliver significant year-over-year growth.

Elsewhere, we note that a member of the Board has continued to buy shares throughout December, with the latest transaction made on December 27th (http://www.aktietorget.se/InstrumentInsider.aspx?Language=2&InstrumentID=SE0001824004). Insider buying is always a good sign and might in this case be an additional indicator that Q4 numbers will look good indeed.

Number of G5 Entertainment games among the top grossing charts for iPad:

(We are screening the app markets of Australia, Brazil, Canada, China, France, Germany, Italy, Japan, Netherlands, Russia, South Korea, Spain, Sweden, UK and USA)

G5iPadrankings

Nordic Investor

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One Comment

  1. Nordic InvestorAuthor December 30, 2013 Reply

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