G5 Entertainment: Growth rates as expected
Research Note
2017-10-04
14:09
In our last research update we had estimated a 6% quarterly growth. The Q/Q growth estimate was spot on, with one little problem, it was in USD and our estimate was in SEK. 70% of the company’s revenues are in USD which means the weaker dollar has a high impact on revenues exchanged in SEK. We think this is solid numbers with the background of the explosive growth in the last 12 months.
TO
Tomas Otterbeck
Disclosures and disclaimers