5th Planet Games (5PG) Q3 2025 earnings summary

Executive summary

• Net profit of DKK 4.6M for the nine months ended 30 September 2025, reversing a loss of DKK 3.4M year-over-year, driven by fair value adjustments on future royalty income from new game releases.

• Revenue for Q1–Q3 2025 was DKK 2.0M, down DKK 8.0M from the prior year, reflecting weaker market response and maturing catalogue titles.

• Financial results highlight resilience amid challenging global video game market conditions, with expectations for a record 2026.

Financial highlights

• Gross profit for Q1–Q3 2025 was DKK 1.4M, down from DKK 8.0M year-over-year.

• EBITDA loss of DKK 3.9M for Q1–Q3 2025, compared to a gain of DKK 3.2M in the same period last year.

• Financial income of DKK 10.3M in Q1–Q3 2025, mainly from positive fair value adjustments on co-published games.

• Cash position at 30 September 2025 was DKK 8.1M, down from DKK 25.0M a year earlier, mainly due to DKK 20.2M invested in projects.

• Equity increased to DKK 85.3M from DKK 82.2M year-over-year.

Outlook and guidance

• Full-year 2025 guidance maintained, but management notes lower-than-expected Q4 sales and ongoing market softness.

• Plans in place to address weak trading conditions; further updates to be provided as new data emerges.

• Conservative projections indicate 2026 could be the company’s biggest year.