G5 Entertainment (STO:G5EN) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr287.9m (down 13% from 2Q 2023).
- Net income: kr23.5m (down 41% from 2Q 2023).
- Profit margin: 8.2% (down from 12% in 2Q 2023).
- EPS: kr3.02 (down from kr4.96 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
G5 Entertainment Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 5.2%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Entertainment industry in Sweden.
Performance of the Swedish Entertainment industry.
The company's shares are down 14% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with G5 Entertainment.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OM:G5EN
G5 Entertainment
Develops and publishes free-to-play games for smartphones, tablets, and personal computers in Sweden.
Flawless balance sheet, undervalued and pays a dividend.
