G5 Entertainment

**G5 Entertainment Group** (also known as **G5 Games**) is a developer and publisher of free-to-play adventure and puzzle games such as hidden objects, mahjong and match 3 games. It was founded in 2001 by Vlad Suglobov, Alexander Tabunov and Sergey Shultz. The company headquarters is located in Stockholm, Sweden.

As of the end of 2024, the group had 845 employees in Sweden, Malta, United States, Ukraine, Armenia, Bulgaria, Cyprus, Georgia, Montenegro and Kazakhstan.

## History

G5 Entertainment was founded in 2001.

In 2006, the group started developing PC games and then went on to release mobile games such as _Supermarket Mania_ and _Virtual City_. The games were later launched on the Apple App Store. Developed by the company, _Mahjong Artifacts_, was eventually adapted into a free game called _Mahjong Journey_.

In 2011, G5 released its first free mobile game, _Virtual City Playground_. And in 2013, after the release of _Virtual City Playground_, the group decided to focus only on free games.

G5 Entertainment became the first developer of games for mobile phones in the CIS, as well as the first gaming company from the CIS to conduct an IPO.

In 2022, G5 Entertainment opened its offices in Armenia, Bulgaria, Cyprus, Georgia, Montenegro and Kazakhstan.

According to revenue, G5 Entertainment was one of the ten largest Swedish-registered gaming companies in 2023 and 2024.

## Games

Games published by G5 Entertainment include: _Hidden City: Hidden Object_ & _Mystery Games, Sherlock: Hidden Match-3 Cases_, _Jewels of Rome_, _Jewels of the Wild West_, _Mahjong Journey_ and _The Secret Society_.

## IPO and trading history

In October 2006, G5 Entertainment AB listed its shares on the Nordic MTF in Stockholm under the trading symbol G5EN.

In 2008, trading in G5 shares was moved from NGM Nordic MTF to Aktietorget (now renamed Spotlight Stock Market) in Stockholm. In 2013, the company listed the company's shares on the Nasdaq Stockholm Main Market. G5 Entertainment shares have been listed on Nasdaq Stockholm's Main Market under the symbol G5EN.ST since 2014. In August 2019, the company started trading on OTCQX Market in New York under the symbol GENTF. In 2020, G5 had the second largest gain among the 365 members of the OMX Stockholm Index.

## G5 Store

In 2020, G5 Entertainment launched G5 Store, G5's direct-to-consumer (DTC) channel. Since its launch, the G5 Store surpassed 1M USD in monthly net revenue during the fourth quarter of 2023.

## Other websites

- Official website

## Infobox (company)

- **name**: G5 Entertainment Group
- **type**: Public company
- **traded as**: :en:Nasdaq Nordic, Nasdaq Nordic: [https://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE60158&name=G5%20Entertai… G5EN]
 :en:OTC Markets Group, OTCQX: [https://www.otcmarkets.com/stock/GENTF/overview GENTF]
- **isin**: SE 0001824004
- **industry**: Mobile games
- **hq location city**: Stockholm
- **hq location country**: Sweden
- **key people**: Vlad Suglobov
(CEO and co-founder)
Stefan Wikstrand
(CFO)
Alexander Tabunov
(COO and co-founder)
Petter Nylander
(Chairman of the Board)
- **revenue**: SEK 1,316 million
- **revenue year**: 2021
- **num employees**: 845
- **num employees year**: 2024