Trophy Games in top of Børsen´s growth stock ranking

21 May 2024

Danish financial daily Børsen recently presented a study of 46 stocks introduced on Nasdaq First North, Spotlight and Nasdaq Main Market from 2016 – 2022. Trophy Games comes out at the very top of the list together with three other growth companies. The list was based on ratings for trust from investors, business performance, financial strength etc.

When interviewed by Børsen, CEO Søren Gleie points to the fact that revenue is doubled over the last three years without adding extra capital. It also seems that the market is beginning to recognize Trophy Games’ performance with the stock almost doubled from 3,90 DKK at the end of 2023 to 7,70 DKK at the time of writing. Trophy Games was introduced on First North in the Spring of 2021 and has, together with almost all companies on these growth stock markets, had a tough entry to the market. However, a change in strategy in 2022 with a strengthened focus on the bottom-line and the continuous strong focus on user acquisition, ad monetization and strong performance from the series of transport games as well as legacy games have turned things around for Trophy Games.

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