Brief: Trophy Games Development says Delay Of Ranchers Increases Project's Financial Potential For Trophy Games With No Additional Expenditures

Trophy Games Development A/S

27/04/2023 16:50

April 27 (Reuters) - TROPHY GAMES Development A/S
 TGAMES.CO :
    * THE RANCHERS DELAY - GUIDANCE DOWNGRADE
    * DELAY OF RANCHERS INCREASES PROJECT'S FINANCIAL POTENTIAL
FOR
TROPHY GAMES WITH NO ADDITIONAL EXPENDITURES
    * RANCHERS, WHICH TROPHY GAMES IS PUBLISHING, HAS BEEN
DELAYED
FROM Q3 THIS YEAR TO Q1 2024
    * TROPHY GAMES DEVELOPMENT  - SUBSEQUENTLY, BUDGETED
RANCHERS
REVENUE OF DKK 10M, EBITDA OF DKK 3.5M, AND EBT OF DKK 3.5M WILL
FIRST BE RECOGNIZED NEXT YEAR
    * CO GIVES NEW GUIDANCE OF DKK 46-55M REVENUE, 4.5-10.5M
EBITDA,
AND -0.5-+4.5M EBT

Source text for Eikon:  ID:nWkrb9tm61 
Further company coverage:  TGAMES.CO 

 ((Reuters.Briefs@thomsonreuters.com;))