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#G5 Entertainment: Strong preliminary Q1 numbers

As we have come to expect, mobile gaming developer and publisher G5 Entertainment has published its preliminary Q1 revenue number today, beating our expectations.

G5 management forecasts quarterly revenue of approximately SEK 96m (according to the new accounting practice), which corresponds to achieving 72% revenue growth versus Q1 2014. As of Q1 2015, G5 is reporting revenue including application store commissions, which may represent up to 30% of end user price.

The company will report its Q1 2015 report on May 8th, 2015.

Nordic Investor

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