Q2 2024 G5 Entertainment AB (publ) Earnings Call Transcript
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Morning, everyone. I will give it a few seconds whilst attendee list is loading now that we've opened up the webinar for this morning with earnings call. (Event Instructions)
Yeah, I think we're ready to go. So I hand over to our CEO, Vlad Suglobov.
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Hello, everyone. Good morning. Thank you for joining the call, and thank you, Stefan, for the introduction. Stefan is, of course, our CFO. So let's begin and move on to Slide number 1.
So the revenue in the second quarter this year was SEK287 million, which was 13% lower than last year. That's in Swedish kroner. And in USD terms, it was 14% lower. We saw a negative performance year-over-year in our actively managed portfolio, and that fell 13% year-over-year in USD terms. But audience monetization metrics and gross margin
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