G5 Entertainment: High Growth in Match 3

Research Note

2021-05-05

09:02

The year-over-year growth rate (22% vs 22%) and EBIT margin (18% vs 19%) were in line with our estimates during the quarter. However, the weak dollar compared with the Swedish Krona had a negative impact. The new generation of games, mostly in the Match 3 genre is now the largest segment of total revenue (43%) and grew almost 200% year-over-year.

TO

DZ

Tomas Otterbeck

Danesh Zare

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