Ten Square Games rallies on Q4 beat, dividend

Ten Square Games

25/03/2025 09:04

** Shares in Ten Square Games TENP.WA jump as much as 13.5% after its Q4 adjusted EBITDA beat expectations and the company recommended a record-high dividend payout

** The Polish mobile game producer reported on Monday Q4 adjusted EBITDA of 28.4 million zlotys ($7.34 million), which exceeded consensus by 6.3%, according to Erste Group

** The company also recommended a dividend of 15.73 zlotys per share for 2024

     ** At 0853 GMT shares are up around 9%, outperforming Poland's mid-cap mWIG40 .mWIG40 index; if gains hold they will see their best day since September 2023

($1 = 3.8666 zlotys)

 (Reporting by Anna Banacka)

 ((Anna.banacka@thomsonreuters.com; +48 58 769 65 65))