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

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