Trophy Games: Analyst Group Comments on the Recent Company Announcements

Trophy Games Development A/S (“Trophy Games” or the “Company”) recently announced new financial goals for the years 2021 and 2022. The Company estimates the revenue of 2021 will reach between DKK 41.0-42.0m which is DKK 3.9m lower than Analyst Groups estimated revenue for 2021E. This is due to the release of Warhammer AoS: Soul Arena being pushed forward to 2022 instead of Q4 2021, subsequently also pushing the revenue to next year. In addition, Trophy Games reported some issues regarding Pro11 which had some mid-year technical issues concerning in-app sales campaigns which caused a drop in performance. The Company estimate revenues in 2022 to be DKK 70.0-80.0m which is in line with Analyst Groups estimates of DKK 79.9m.

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