G5 Entertainment AB (publ) (G5EN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone. Whilst we're waiting for the attendee list to fill up, you all know that you will be in listen and view mode only when we start the presentation or when we go through the presentation. And then after we wrap up, we'll open up for questions. And then you can either raise your hand and you can ask them verbally. Or you can also type them into the Q&A box, which you also can do during the presentation, of course, and then we'll answer them when we get to that point on the agenda. But I think Atadilis seems to be not moving anymore, so then I will hand over to Vlad for the remarks for the fourth quarter. Thank you, Stefan. Welcome, everyone, to our report. I'll start by giving you a brief overview of the quarter. Stefan, can we move on to the next slide, please? So revenue declined 9% year over year in USD terms, but because of the exchange rate changes, it went down 21% when expressed in Swedish kronor and was 221 million SEK for the period. Sequentially, it was down 2% from Q3 to Q4 in USD terms. And looking at the three main pillars of our revenue generation, our three main games, we have achieved stabilization of two of these. Hidden City had a strong performance during the quarter. It grew sequentially 8.3% from Q3, really strong result. Sherlock declined sequentially by 5% after delivering a strong performance in Q2 and Q3. And looking at the game year-over-year, it declined only by about 5%, which was significantly less than before, even in the first half of the year. Its performance was negatively affected by specific events that happened in November, but outside of November, the underlying trend remained consistently strong. So we consider that Sherlock and Hidden City are stabilized in revenue. But at the same time, we have the Jewels fam...