“G5 has been focusing on the needs of the underserved female audience with great success,” said G5 Entertainment CEO Vlad Suglobov.
Stockholm, Sweden (PRWEB) May 17, 2016
G5 Entertainment, a pioneer in the development and publishing of free-to-play hidden object games for mobile devices, is proud to announce that it has surpassed $100M in aggregate revenue from hidden object games for the first time in its history.
G5 Entertainment, the company behind hit games like Hidden City®, The Secret Society® and Mahjong Journey®, G5 Entertainment is known for its focus on a rather atypical audience of mobile game consumers - adult females. According to the company’s data, in some of its hidden object and adventure games, women comprise up to 90% of the audience, and 90% of them are over the age of 35. What’s more, in some of its games, the core paying audience is females over the age of 55.
“G5 has been focusing on the needs of the underserved female audience with great success,” said G5 Entertainment CEO Vlad Suglobov. “Although these players don’t consider themselves ‘gamers,’ they are a loyal audience willing to pay for games that suit their taste, which generally means games with little or no focus on violence and more emphasis on adventure, puzzles and storyline. Over 80% of our revenue comes from North America and the EU, where the demographic trends show that G5’s core audience will continue to expand and gain purchasing power in the years to come.”
For additional information please contact:
Vlad Suglobov, CEO, investor(at)g5e(dot)com
Stefan Wikstrand, CFO, +46 76 00 11 11 5
About G5 Entertainment
G5 Entertainment AB (publ) (G5) is a developer and publisher of high-quality, free-to-play mobile games for iOS, Android, Kindle Fire and Windows-powered devices. G5 develops and publishes games that are family-friendly, easy to learn and targeted at the widest audience of experienced and novice players. G5’s portfolio includes a number of popular games like Mahjong Journey®, Supermarket Mania® Journey, Farm Life™, Virtual City®, Special Enquiry Detail®, Hidden City® and The Secret Society®. G5 Entertainment AB (publ) has been listed on Nasdaq Stockholm since 2014.