G5 Entertainment
| Public | |
| Traded as | NASDAQ:G5EN.ST OTCQX:GENTF |
| ISIN | 🆔SE0001824004 |
| Industry | Free-to-play mobile games, Computer and video games |
| Founded 📆 | 2001 |
| Founder 👔 | |
| Headquarters 🏙️ | Stockholm, Sweden |
Area served 🗺️ | Worldwide |
Key people | CEO and co-founder: Vlad Suglobov (since 2001) Chairman of the Board: Petter Nylander (since 2013) |
| Revenue🤑 | SEK 1,356 M (~USD 157.5 M) (2020) |
| Members | |
Number of employees | 718 (2020) |
| 🌐 Website | http://www.g5e.com/ |
| 📇 Address | |
| 📞 telephone | |
G5 Entertainment Group is a group of companies headquartered and publicly listed in Stockholm since 2006.[1] and New York since 2019[2]. In Sweden, G5’s shares are listed on Nasdaq Stockholm Main Market under the symbol G5EN.ST[1], and in New York on OTCQX under the symbol GENTF[2]
G5 develops and publishes free-to-play adventure and puzzle games such as hidden object, mahjong, and match-3 games, distributing them through the Apple App Store, Google Play, Amazon AppStore and Microsoft Store. The company is also known as G5 Games, a trademark that the group owns and actively uses. G5 develops and publishes games that are family-friendly, easy to learn, and targeted at a wide audience of players, both experienced and novice, which generally means games with little or no focus on violence and more emphasis on adventure, puzzles and storyline.
The group had 718 employees at the end of 2020.[3]. The employees are based in Stockholm, Malta, San Francisco, Moscow, Kharkiv, Lviv and Kaliningrad[3]
History[edit]
G5 Entertainment was founded in 2001 in Moscow by Vlad Suglobov, Alexander Tabunov and Sergey Shults, as a game development firm.[4] G5’s first downloadable mobile game was Fight Hard 3D developed for the BREW.[4] Fight Hard 3D received several awards, including “Best Mobile Game 2003” from the Russian Game Developers Conference and was released on numerous CDMA mobile operators worldwide. In the following years, G5 developed a number of mobile games for the BREW and J2ME platforms. In 2005, G5 attracted the interest of a consortium of Scandinavian investors, who acquired a stake in G5 the same year. The company listed its shares in Stockholm for the first time in October 2006.
Following 2006, the group was looking to create original games with recurring revenue streams and started developing and distributing casual games for personal computers, such as Supermarket Mania® and Virtual City®. G5 also acquired a smaller developer of PC casual games, including Stand O’Food® and Mahjongg Artifacts® series. G5 did not achieve major financial success with these games on personal computers. The games were later launched on the Apple App Store where the games found an audience. Mahjong Artifacts was over time adopted to a free-to-play game called Mahjong Journey®, which in March 2021 was the 6th largest game in the group's portfolio[3].
G5 released its first free-to-play mobile game Virtual City Playground in 2011.[5] After the release of Virtual City Playground the company increased its focus on free-to-play games, and focused solely on free-to-play games from 2013.
Games[edit]
G5 primarily offers proprietary games but also publishes games licensed from other developers. List of major free-to-play games published by G5 Entertainment includes: Hidden City®: Hidden Object Adventure, Sherlock: Hidden Match-3 Cases®, Jewels of Rome™, Jewels of the Wild West™, Mahjong Journey® and The Secret Society®.
IPO and trading history[edit]
On October 2, 2006, G5 Entertainment AB listed its shares on Nordic MTF exchange in Stockholm under trading symbol G5EN.
In 2008, the trading in G5 shares moved from NGM Nordic MTF exchange to Aktietorget exchange (now renamed Spotlight Stock Market) in Stockholm.
In 2013, the company announced plans to apply for the listing of the company's shares on the Nasdaq Stockholm Main Market, and G5 Entertainment AB shares has been listed on Nasdaq Stockholm’s Main Market under the symbol G5EN.ST since 2014.[1]
In August 2019, the company announced that its so called F-shares are also going to be available for trading on OTCQX Market in New York under the symbol GENTF.[2]
Rankings[edit]
G5 has been included in Deloitte's "Technology Fast 50", a list of the fastest-growing technology companies in Sweden, for 2013, 2014, 2015, 2016, 2017, and 2018.[6] Business newspaper Placera named G5 the 2nd best share of decade 2010-2020 in Sweden.[7]
References[edit]
- ↑ 1.0 1.1 1.2 "G5EN, G5 Entertainment, (SE0001824004) - Nasdaq". www.nasdaqomxnordic.com. Retrieved 2020-10-30.
- ↑ 2.0 2.1 2.2 "OTC Markets | Official site of OTCQX, OTCQB and Pink Markets". www.otcmarkets.com. Retrieved 2020-10-30.
- ↑ 3.0 3.1 3.2 "G5 Annual Report 2020" (PDF). Unknown parameter
|url-status=ignored (help) - ↑ 4.0 4.1 Jordan, Jon; Editor, Contributing. "Hall of Fame: Vlad Suglobov". pocketgamer.biz. Retrieved 2020-10-30.
- ↑ "Virtual City Playground". www.pocketgamer.com. Retrieved 2020-10-30.
- ↑ "Årets lista 2019". Deloitte Sweden Technology Fast 50. Retrieved 2020-11-03.
- ↑ "Decenniets hundra bästa aktier | Placera". www.avanza.se. Retrieved 2020-11-03.
Category:2001 establishments Category:Video game development companies
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