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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
TROPHY GAMES Development
TROPHY GAMES Development (TGAMES) investor relations material
TROPHY GAMES Development Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
Q3 revenue rose 19% YoY to DKK 47.5m; EBITDA increased 31% to DKK 10.0m and EBIT rose 44% to DKK 7.2m, with both margins improving.
Full-year 2026 revenue guidance was raised to DKK 170–180m; EBITDA guidance is DKK 29–35m and EBIT guidance remains DKK 18–24m.
Playrion acquisition closed on September 30; its results will be consolidated from Q4 2026.
Financial highlights
Q3 revenue was DKK 47.5m vs DKK 40.1m; YTD revenue was DKK 133.5m vs DKK 85.4m, up 56%.
Q3 EBITDA was DKK 10.0m vs DKK 7.7m; EBIT was DKK 7.2m vs DKK 5.0m. YTD EBITDA reached DKK 26.1m and EBIT DKK 16.7m.
Q3 profit for the period was DKK 3.3m vs DKK 3.9m; YTD profit more than doubled to DKK 11.1m from DKK 4.8m.
Q3 gross profit rose to DKK 16.3m from DKK 13.2m; gross margin increased to 34% from 33%.
Outlook and guidance
2026 guidance: revenue DKK 170–180m, EBITDA DKK 29–35m and EBIT DKK 18–24m; revenue guidance rose from DKK 150–167m.
After nine months, revenue, EBITDA and EBIT represented 76%, 82% and 80% of their respective full-year guidance midpoints.
Q4 includes the first full quarter of Playrion; The Ranchers is expected to contribute less than in Q3, and marketing spend is expected to decline.
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Latest events from TROPHY GAMES Development
- Raised 2026 revenue guidance as portfolio and marketing scale, with strong cash reserves.TGAMES
Investor Day 2026 presentation - 90% revenue growth and strong EBITDA in H1 2026, driven by core titles and strategic scaling.TGAMESH1 2026
- Revenue nearly doubled year-over-year as scaling and new titles drove strong top-line growth.TGAMESQ1 2026
- 2025 saw record revenue and EBITDA growth, led by core game launches and ad monetization.TGAMESH2 2025
- Record Q3 revenue and user growth drive raised 2025 guidance and strong financial momentum.TGAMESQ3 2025
- Transport Series drives growth amid profitability pressures and industry headwinds.TGAMESInvestor Day 2025 presentation
- New game launches drove record installs and a raised 2025 outlook despite short-term profit pressure.TGAMESH1 2025
- Q3 revenue up 56% YoY, EBITDA up 67%, with strong user growth and new game launches.TGAMESQ3 2024
- Record revenue and profit growth in H1 2024, driven by Energy Manager and portfolio expansion.TGAMESH1 2024
Next TROPHY GAMES Development earnings date
H2 202610 Mar, 2027
TROPHY GAMES Development
Next TROPHY GAMES Development earnings date
H2 202610 Mar, 2027
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Frequently asked questions
TROPHY GAMES Development is a Danish video game developer focused on creating strategy and management simulation games. The company develops and publishes games across mobile and PC platforms, with a particular emphasis on sports management and tactical simulation genres. TROPHY GAMES offers titles that engage users in team management, strategy building, and competitive play, serving a global audience of gamers. The company is headquartered in Copenhagen, Denmark, and its shares are listed on the Copenhagen Stock Exchange.