19-2024 5th Planet Games downgrades financial outlook for the 2024 financial year

19-2024 5th Planet Games downgrades financial outlook for the 2024 financial year

Issuer

5th Planet Games A/S

COPENHAGEN - August 22nd, 2024 - 5th Planet Games A/S (OAX: 5PG) following a
board resolution executed this morning, 5th Planet Games updates its guidance
for financial performance in the current year.

Based on the latest projections, the updated guidance is summarized as follows
(DKKm)

Total net revenue 14.23m
EBITDA 2.95m

Commenting on the updated guidance, Mark Stanger CEO of 5th Planet Games
offered,
"The Board and I are taking this opportunity to adjust to a more conservative
projection for the current year as we, and the rest of the global games
industry, continue to battle significant headwinds.
The fundamentals of our business remain solid, we are set on delivering another
profitable year and continue to take steps in securing truly exciting growth
opportunities for the longer term"

More information:
Access the news on Oslo Bors NewsWeb site

626018_19-2024 Updated 5PG guidance Aug24.pdf