The Management Board of Vivid Games S.A. (hereinafter referred to as:the _quot;Company_quot;, _quot;Issuer_quot;), informs that on July 10th, 2023, the Issuermade an estimated determination of the Company's preliminary financialresults for June 2023.
Sales revenue for June 2023 is expected at PLN 1,57 million. The grossresult at PLN -0,43 million, net result at the level of PLN -0,43million. The cash balance in the Company's bank accounts at the end ofJune 2023 amounted to PLN 1,13 million, using PLN 1,95 million from thecredit line.
Cumulatively, for the first half of 2023, the Issuer expects thefollowing results: sales revenues at the level of PLN 11,66 million,gross result at the level of PLN 0,51 million, net result at the levelof PLN 0,51 million and EBITDA at the level of PLN 2,29 million.
On June 21, 2023, installment No. 11 of the 12 total installments underthe partial redemption of series A bonds in the amount of PLN 0.9million (including accrued interest) was repaid.
The Management Board informs that this report contains preliminary data,which may differ from the final data. Data for 2023 will be verifiedboth internally and in the audit process by a statutory auditor, and thefinal information on the result and sales revenues, taking into accountthe data for the indicated period, will be included in the annual reportfor 2023.
Disclaimer: This English translation, including all attachments, hasbeen prepared solely for the convenience of English-speaking readers.Despite all efforts devoted to this translation, there may be somediscrepancies, omissions or approximations. In the event of anydifferences between the Polish and English versions, the Polish versionshall prevail. Vivid Games S.A., its representatives and employeesdisclaim all liability in this regard.