11-2023 5th Planet Games A/S - Annual Report for 2022

30 Mar 2023 08:30 CEST

COPENHAGEN, March 30th, 2023: 5th Planet Games A/S (OAX: 5PG) is pleased to
announce that the annual report for 2022 has been released today. The full
report can be viewed by clicking the link at the end of this document.
It is with great pleasure we can confirm that 5th Planet Games is now a
profitable business.

Through the hard work of the executive team and the 5th Planet Games Board we
have been able to turnaround an EBITDA loss in 2021 of over DKK 9m, to an EBITDA
profit in 2022 of over DKK 1.6m, and in doing so, have fully delivered on the
updated guidance that was issued in August of 2022 in terms of both revenue and
profit (EBITDA).

Clearly our partnership with Skybound is now having a profound and positive
impact on the financial performance of our business, the access to high quality
content, world-class IP and the best game developments talent in the industry;
games such as Before Your Eyes have made a significant contribution to our
business.

Whilst we have been very focused on optimizing all the new and exciting
opportunities that came our way in 2022, we have remained equally focused on
costs, and running the business in the most cost-effective way that we can. This
focus on cost efficiency will not change as we head into 2023 and beyond.

Our results in 2022 have not been solely contingent on the titles we have
secured through our partnership with Skybound; our back catalogue continues to
make a meaningful contribution to our business and our own IP ‘Hugo’ continues
to find new routes to market with several new development and publishing
agreements completed last year. We will continue to manage our back catalogue in
a pro-active manner through 2023 and look for new opportunities for ‘Hugo.’



About 5th Planet Games
5th Planet Games is a video games publisher located in Copenhagen, active in
games across all global platforms and devices. It has a long and successful
history of working with established brands and strong IP. Now, in partnership
with Skybound Entertainment, the company will extend access to compelling,
global IP such as The Walking Dead.

About Skybound Entertainment
Established in 2010, Skybound Entertainment is a multiplatform content company
that works closely with creators and their intellectual properties to deliver
one-of-a-kind experiences to fans. The company is home to critically acclaimed
global franchises including The Walking Dead, Invincible, Superfight and Impact
Winter.

More information:
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