Fractal Gaming Group AB (STU:5HS)
€ 2.75 0.08 (3%) Market Cap: 82.33 Mil Enterprise Value: 80.65 Mil PE Ratio: 34.22 PB Ratio: 2.28 GF Score: 62/100
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Q4 2022 Fractal Gaming Group AB Earnings Call Transcript

Feb 09, 2023 / 09:00AM GMT
Release Date Price: €2.19 (-6.62%)
Operator

Welcome to the Fractal Gaming Group's Q4 2022 Conference Call. (Operator Instructions)

Now I will hand the conference over to the CEO, Hannes Wallin; and CFO, Karin Ingemarson. Please go ahead.

Hannes Wallin;publ;Founder
Fractal Gaming Group AB;CEO & Board Member

()- -

Hello, everyone, and welcome to today's presentation of our Q4 report.

We'll start with some highlights from our Q4. In the second half of 2022, we have [seen growth in] the gaming hardware market, and this is largely driven by a return to normal graphics cards (inaudible) and a combination of pent-up demand of Fractal. We launched several new products in the quarter, and one of them have been [Fractal North] and have sold out in record time in all [stores].

Our sales increased by 17%, measured in Swedish krona, but decreased by 3%, measured in U.S. dollars. This is due to a strong comparison of Q4 2021 and higher discounts in 2022. But more importantly, we're very happy to report an impressive sales out increase of 31%,

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