Q1 Financial Update: Another Record-Breaking First Quarter for Trophy Games

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[{"type":"text","content":"COPENHAGEN, DENMARK / ACCESS Newswire / May 5, 2025 / Trophy Games Development (CPH:TGAMES)","length":91,"tagName":"p"},{"type":"text","content":"Company Announcement no. 22/2025 (May 05, 2025)","length":47,"tagName":"p"},{"type":"text","content":"Q1-2025 Update","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was DKK 21.7m, a 9% YoY increase.","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"EBITDA was DKK 6.1m, a 25% YoY increase.","length":40,"tagName":"p"}]},{"val":[{"type":"text","content":"EBT was DKK 4.0m, a 31% YoY increase.","length":37,"tagName":"p"}]},{"val":[{"type":"text","content":"Total installs were 9.1m, a 201% YoY increase.","length":46,"tagName":"p"}]},{"val":[{"type":"text","content":"Unique paying users were 119,211, a 34% YoY increase.","length":53,"tagName":"p"}]},{"val":[{"type":"text","content":"Total payments were 291,302, a 24% YoY increase.","length":48,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":265,"olType":false},{"type":"text","content":"Another Record-Breaking First Quarter for Trophy GamesAnother best Q1 in Trophy Games history. We have incredible strength in installs with an increase of 201% and EBT up 31% compared to Q1 2024. Installs are driven by organic traffic on Truck Manager and the Tivola portfolio, and EBT by a 13% increase in gross profit. Our revenue mix has changed a bit to consist of a higher amount of ad revenue, for which we do not pay the average 27% in payment fees. This, together with a higher revenue, leads to the strong EBT growth. In Q1, Truck Manager, while still in early access and with no marketing spend, was very close to becoming our second-largest game by revenue; it already is by daily active users, and it will pass Shipping Manager and Energy Manager in Q2, if the trends continue. In Q2, we will also start the marketing of Truck Manager, and it will be very exciting to follow its potential.","length":902,"tagName":"p"},{"type":"text","content":"We are looking at a first half of the 2025 roadmap on which we have delivered to perfection and managed to complete several key milestones that will set the foundation for a strong second half of the year. Our primary focus remains on finalising Truck Manager, which will allow us to initiate its marketing campaign, and on preparing for the highly ant...

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