Gold Town Games (GTG) investor relations material

Executive summary

• Net revenue increased by 26.3% year-over-year to 3.45 MSEK, driven by strong growth in Pocket Hockey and improved user activity.

• Operating result improved by 3% to -0.81 MSEK, and result after financial items improved by 16% to -0.83 MSEK year-over-year.

• Pocket Hockey saw a 40% sequential revenue increase, surpassing four million matches played and benefiting from new events and LiveOps.

• The company continues to focus on long-term growth, product development, and expanding its user base, especially for Pocket Hockey.

Financial highlights

• Net revenue: 3.45 MSEK (up 26.3% YoY); operating result: -0.81 MSEK (improved from -0.84 MSEK YoY).

• Cash flow from operations: 0.66 MSEK (0.55 MSEK YoY); cash at period end: 1.04 MSEK (0.39 MSEK YoY).

• Investments in intangible and tangible assets: 0.98 MSEK (0.91 MSEK YoY); depreciation: -1.34 MSEK (-1.23 MSEK YoY).

• Equity at period end: 19.2 MSEK (9.7 MSEK YoY); equity ratio: 79.6% (43.2% YoY).

• Result per share: -0.05 SEK (-0.18 SEK YoY).

Outlook and guidance

• Pocket Hockey is expected to drive future growth, with significant untapped user potential and plans for expansion to other platforms.

• Baseball Franchise Manager and World Hockey Manager also identified as growth opportunities, with targeted marketing and feature enhancements.

• Continued product development and new multiplayer sports titles are planned, leveraging the WXM platform for faster time-to-market.