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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Q1 2024 Fractal Gaming Group AB Earnings Call Transcript

Apr 25, 2024 / 09:00AM GMT
Release Date Price: €2.68
Jonas Holst
Fractal Gaming Group AB - CEO

Hi, everyone, and welcome to today's presentation of the Q1 report for Fractal Gaming Group. We have now closed the first quarter of 2024. And with that, my first three months as CEO of the company. My overall task is to lead our global team and taking practice to the next level. And we are just in the beginning of our growth journey. And after these three months, I'm even more excited for what lies ahead.

Today I will take you through our Q1 numbers and the latest developments within Fractal and our industry. We are, of course, happy to answer any questions that you might have either at the end of the call or if you reach out to us individually, we will start with some highlights from Q1. As far as per our expectations in the beginning of the year, sales in Q1 were in line with the same quarter last year, despite facing very high comparative numbers, following a 66% growth in Q1 2023, our case sales grew by 1.5% in the quarter. And in total, we reached SEK192 million, which is a decrease year over year by 1.6% in CSD or 1.0 0.1% organically due to lower

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