Brief: Trophy Games Updates 2021, 2022 Guidance

Trophy Games Development A/S

22/12/2021 08:27

Dec 22 (Reuters) - TROPHY GAMES Development A/S  TGAMES.CO :
    * UPDATED GUIDANCE 2021 AND 2022 FOR TROPHY GAMES DEVELOPMENT A/S
    * 2021: FULL YEAR REVENUE GROWTH 2021 VERSUS 2020 FOR GAME PORTFOLIO EXPECTED TO BE BETWEEN
33-36%, CORRESPONDING TO DKK 41.0-42.0M COMPARED TO LATEST GUIDANCE OF DKK 44.7M
    * 2021: FULL YEAR EBITDA OF DKK 1.7-2.3M, COMPARED TO LATEST GUIDANCE OF DKK 6.2M.
    * SEES 2022 REVENUE VERSUS 2021 TO BE BETWEEN DKK 70.0-80.0M COMPARED TO DKK 77.9M FROM
COMPANY
DESCRIPTION
    * 2022: SEES FULL YEAR EBITDA OF DKK 4.0-8.0M, COMPARED TO DKK 12.3M FROM COMPANY
DESCRIPTION.
    * ON WARHAMMER AOS: SOUL ARENA RELEASE IS NOW EXPECTED TO BE RELEASED IN LATE JANUARY 2022,
PUSHING REVENUE STREAM FROM Q4 2021 TO 2022
    * HAS TAKEN CONSERVATIVE APPROACH TOWARDS WARHAMMER AOS: SOUL ARENA FOR RAMP-UP YEAR IN
2022,
EXPECTING ABOUT DKK 10M IN YEARLY REVENUE

Source text for Eikon:  ID:nWkr8zGRw0 
Further company coverage:  TGAMES.CO 

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