Nitro Games Oyj (NITRO) 주식 개요니트로 게임즈는 유럽연합, 북미, 영국 및 전 세계에서 모바일용 게임을 개발 및 퍼블리싱하는 회사입니다. 자세히 보기NITRO 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적1/6재무 건전성4/6배당0/6강점공정 가치 추정치보다 낮은 94.9% 에서 거래위험 분석의미 있는 시가총액이 없습니다(SEK45M)이익 마진 (2.1%)이 지난해 (3.8%)보다 낮습니다.지난 3개월 동안 주가 변동성이 Swedish 시장과 비교해 높았습니다.재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기NITRO Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueSEK Current PriceSEK 1.8045.0% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6m22m2016201920222025202620282031Revenue €21.8mEarnings €452.6kAdvancedSet Fair ValueView all narrativesNitro Games Oyj 경쟁사Fragbite GroupSymbol: OM:FRAGMarket cap: SEK 46.2mGold Town GamesSymbol: NGM:GTGMarket cap: SEK 10.8mEnvar HoldingSymbol: OM:ENVARMarket cap: SEK 572.5mG5 EntertainmentSymbol: OM:G5ENMarket cap: SEK 552.3m가격 이력 및 성과Nitro Games Oyj 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가SEK 1.8052주 최고가SEK 2.0852주 최저가SEK 1.04베타0.931개월 변동13.21%3개월 변동18.58%1년 변동16.13%3년 변동-85.17%5년 변동-86.86%IPO 이후 변동-95.54%최근 뉴스 및 업데이트공시 • May 23Nitro Games Announces Warhammer 40,000: Boltgun Boom Coming to MobileNitro Games announced Warhammer 40,000: Boltgun Boom coming to mobile in 2026. Pre-registration now open for a shooter mobile game based on the Warhammer 40,000 universe by Games Workshop. The crusade comes to mobile in this new adaptation of the smash hit boomer shooter series originally developed by Auroch Digital for PC and console platforms. Purge with speed and strike with precision in this premium retro FPS featuring different chapters of the Boltgun series. Pre-registration is now open on both Apple App Store and Google Play. The game is set for release in 2026.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr1.79, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 21x in the Entertainment industry in Sweden. Total loss to shareholders of 84% over the past three years.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to kr1.59, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 15x in the Entertainment industry in Sweden. Total loss to shareholders of 88% over the past three years.공시 • Apr 25Nitro Games Oyj, Annual General Meeting, May 18, 2026Nitro Games Oyj, Annual General Meeting, May 18, 2026, at 10:00 FLE Standard Time. Location: nitro games plc kotka office, juha vainion katu 2, 48100 kotka, FinlandBoard Change • Apr 23Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Carl Magnus Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Apr 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr33.3m market cap, or US$3.61m). Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).더 많은 업데이트 보기Recent updates공시 • May 23Nitro Games Announces Warhammer 40,000: Boltgun Boom Coming to MobileNitro Games announced Warhammer 40,000: Boltgun Boom coming to mobile in 2026. Pre-registration now open for a shooter mobile game based on the Warhammer 40,000 universe by Games Workshop. The crusade comes to mobile in this new adaptation of the smash hit boomer shooter series originally developed by Auroch Digital for PC and console platforms. Purge with speed and strike with precision in this premium retro FPS featuring different chapters of the Boltgun series. Pre-registration is now open on both Apple App Store and Google Play. The game is set for release in 2026.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr1.79, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 21x in the Entertainment industry in Sweden. Total loss to shareholders of 84% over the past three years.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to kr1.59, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 15x in the Entertainment industry in Sweden. Total loss to shareholders of 88% over the past three years.공시 • Apr 25Nitro Games Oyj, Annual General Meeting, May 18, 2026Nitro Games Oyj, Annual General Meeting, May 18, 2026, at 10:00 FLE Standard Time. Location: nitro games plc kotka office, juha vainion katu 2, 48100 kotka, FinlandBoard Change • Apr 23Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Carl Magnus Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Apr 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr33.3m market cap, or US$3.61m). Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).Reported Earnings • Apr 22Full year 2025 earnings released: EPS: €0.006 (vs €0.019 in FY 2024)Full year 2025 results: EPS: €0.006 (down from €0.019 in FY 2024). Revenue: €8.47m (down 26% from FY 2024). Net income: €137.5k (down 71% from FY 2024). Profit margin: 1.6% (down from 4.2% in FY 2024). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Mar 20Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to kr1.40. The fair value is estimated to be kr1.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 43% per annum over the same time period.Reported Earnings • Feb 17Full year 2025 earnings released: EPS: €0.006 (vs €0.019 in FY 2024)Full year 2025 results: EPS: €0.006 (down from €0.019 in FY 2024). Revenue: €8.47m (down 26% from FY 2024). Net income: €137.5k (down 71% from FY 2024). Profit margin: 1.6% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings.분석 기사 • Feb 12Does Nitro Games Oyj (STO:NITRO) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Jan 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr34.8m market cap, or US$3.78m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).공시 • Jan 01Nitro Games Oyj Appoints Antti Ruonala as Chief Operating Officer and Milka Tarkiainen as Chief People Officer, Effective January 1, 2026Nitro Games Oyj announced that long-term team members Antti Ruonala and Milka Tarkiainen have been promoted and join the Management starting January 1, 2026. Antti Ruonala, COO (Chief Operating Officer), born 1990, B.SC. in business. Antti joined Nitro Games in 2014 where he has held several key leadership roles scaling the company's business and operations. He has over a decade of experience from business development, strategic partnerships and operations. Before joining Nitro Games Antti worked as a Consultant for Cursor Oy and in sales at Olvi Oyj. Milka Tarkiainen, CPO (Chief People Officer), born 1986. Milka is a seasoned People Operations professional. She joined Nitro Games in 2017, evolving into her current leadership role in PeopleOps driving strategic HR leadership at Nitro Games. With a multifaceted background spanning HR management, office administration, marketing coordination, and organizational support functions, Milka has cultivated a broad operational perspective that enhances employee experience and organizational performance.분석 기사 • Dec 18Pinning Down Nitro Games Oyj's (STO:NITRO) P/S Is Difficult Right NowIt's not a stretch to say that Nitro Games Oyj's ( STO:NITRO ) price-to-sales (or "P/S") ratio of 0.3x right now seems...Reported Earnings • Oct 28Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €2.12m (down 23% from 3Q 2024). Net income: €149.3k (down 43% from 3Q 2024). Profit margin: 7.1% (down from 9.5% in 3Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Aug 21Co-Founder recently bought kr56k worth of stockOn the 18th of August, Jussi Tahtinen bought around 35k shares on-market at roughly kr1.59 per share. This transaction increased Jussi's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jussi's only on-market trade for the last 12 months.공시 • Aug 20Nitro Games Oyj to Report Q1, 2027 Results on Apr 26, 2027Nitro Games Oyj announced that they will report Q1, 2027 results on Apr 26, 2027Reported Earnings • Aug 19Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €1.70m (down 42% from 2Q 2024). Net loss: €459.8k (down 368% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 13% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to kr1.68, the stock trades at a trailing P/E ratio of 8.8x. Average forward P/E is 12x in the Entertainment industry in Sweden. Total loss to shareholders of 92% over the past three years.분석 기사 • Aug 15There's Reason For Concern Over Nitro Games Oyj's (STO:NITRO) PriceThere wouldn't be many who think Nitro Games Oyj's ( STO:NITRO ) price-to-sales (or "P/S") ratio of 0.3x is worth a...공시 • Aug 12+ 4 more updatesNitro Games Oyj to Report Q3, 2026 Results on Oct 26, 2026Nitro Games Oyj announced that they will report Q3, 2026 results on Oct 26, 2026공시 • Jul 21Nitro Games Oyj to Report Q3, 2025 Results on Oct 27, 2025Nitro Games Oyj announced that they will report Q3, 2025 results on Oct 27, 2025공시 • Jun 25Nitro Games Announces Autogun Heroes Launch on DiscordNitro Games announced that Autogun Heroes is now globally available to play on Discord. Discord, the leading platform for online gaming communities, boasts over 500 million registered users and approximately 150 million monthly active users and is currently integrating gaming more deeply into the platform. The Discord version of the game is optimized for instant play, allowing users to launch and play directly within Discord with no downloads or installations needed. The game is free-to-play, supported by in-game purchases to enhance the player experience. Nitro Games serves as both the publisher and developer of the game.공시 • Jun 10Nitro Games Announces Development UpdateNitro Games shares new updates on the progress of the Autogun Heroes brand and its platform expansion strategy. Several announcements are made regarding the Autogun Heroes brand and the ongoing plans for expanding to new platforms. The big-screen game Autogun Heroes: Supercharged is currently featured in the ongoing Steam Next Fest starting tonight. Next Fest is an event celebrating upcoming PC games on the Steam platform, and includes a brand-new demo version of Autogun Heroes: Supercharged. The mobile version of Autogun Heroes was previously published on mobile app stores by Supersonic from Unity. On June 9, 2025, Nitro Announces that it has resumed the publishing responsibilities for the mobile version of Autogun Heroes following a mutual agreement with Supersonic from Unity. With the conclusion of this agreement, the game has returned home to Nitro, which will now lead the next phase on both mobile platforms and planned expansion to new platforms as recently annouced. Meanwhile, the web version remains available on Crazy Games and on the official game website. Moving forward, Nitro Games plans to continue expanding the Autogun Heroes brand across more platforms. The company also shares that a new, unannounced game within the Autogun Heroes universe is currently in development. This new game aims to appeal to a broader, more casual audience.공시 • May 20Nitro Games Oyj Elects Jimmy Jönsson as New Member to its Board of Directors, Effective 19 May 2025Nitro Games Oyj at its Annual General Meeting held on 19 May 2025, elected Jimmy Jönsson as new member to the Board of Directors.New Risk • Apr 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (kr39.4m market cap, or US$4.09m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).Reported Earnings • Apr 24Full year 2024 earnings released: EPS: €0.019 (vs €0.19 loss in FY 2023)Full year 2024 results: EPS: €0.019 (up from €0.19 loss in FY 2023). Revenue: €11.4m (up 29% from FY 2023). Net income: €475.3k (up €3.76m from FY 2023). Profit margin: 4.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Sweden are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.Board Change • Apr 23Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Susana Graham was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 14Nitro Games Releases A Public Demo of Autogun Heroes: SuperchargedNitro Games has announced the public demo of their upcoming retro-inspired shoot 'em up adventure, Autogun Heroes: Supercharged. Available now on Steam, this early preview gives players the chance to experience high-octane, explosive gameplay ahead of the full launch. The game is a love letter to classic retro titles and the players who keep the genre alive. Autogun Heroes: Supercharged represents an exciting new chapter in the ever-growing Autogun Heroes universe and builds on the success of the award-winning mobile game. This time, Gus and his squad are targeting PC, bringing classic arcade-style action to both longtime fans and newcomers in a brand-new adventure. Autogun Heroes: Super charged blends tight, responsive controls with fun, skill-based platforming and classic 2D arcade-style gameplay perfectly tuned for PC.공시 • Apr 11Nitro Games Announces A New Game LaunchingNitro Games announced that its new game, Pistolo, has been launched worldwide on the iGaming platform at Pistolo.com. Pistolo is a browser-based action shooter game where players hunt monsters to gain rewards. These rewards can then also be used to play other games available at pistolo.com. The game is playable instantly in a browser without a separate download and is available globally starting April 11, 2025. Nitro Games acts as the developer of the game.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to kr1.88, the stock trades at a trailing P/E ratio of 8.9x. Average forward P/E is 12x in the Entertainment industry in Sweden. Total loss to shareholders of 89% over the past three years.New Risk • Feb 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (64% accrual ratio). Market cap is less than US$10m (kr65.3m market cap, or US$6.13m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).Reported Earnings • Feb 17Full year 2024 earnings released: EPS: €0.019 (vs €0.19 loss in FY 2023)Full year 2024 results: EPS: €0.019 (up from €0.19 loss in FY 2023). Revenue: €11.4m (up 29% from FY 2023). Net income: €475.3k (up €3.76m from FY 2023). Profit margin: 4.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr2.94, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 10x in the Entertainment industry in Sweden. Total loss to shareholders of 85% over the past three years.분석 기사 • Jan 27With Nitro Games Oyj (STO:NITRO) It Looks Like You'll Get What You Pay ForIt's not a stretch to say that Nitro Games Oyj's ( STO:NITRO ) price-to-sales (or "P/S") ratio of 0.5x right now seems...공시 • Jan 14Nitro Games Oyj to Report Fiscal Year 2025 Final Results on Apr 20, 2026Nitro Games Oyj announced that they will report fiscal year 2025 final results on Apr 20, 2026공시 • Dec 12Nitro Games Announces Autogun Heroes: SuperchargedNitro Games has announced Autogun Heroes: Supercharged, a skill-based shoot 'em up game crafted specifically for PC fans. This upcoming release marks the next milestone in the platform expansion of Autogun Heroes. Originally debuting on mobile in 2023 and expanding to web games in 2024, Gus and the hero squad are now setting their sights on conquering the PC platform with this exciting new game. Autogun Heroes: Supercharged. is an action-packed 2D shoot-'em-up that combines skill-based platforming with tight, responsive controls. Players will assemble a diverse roster of heroes, each equipped with unique abilities, to fight back against alien invaders across a variety of distinct game worlds. Dodge. Roll. Dominate! The Steam store page for the game is now live. The release date is yet to be announced.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr2.66, the stock trades at a trailing P/E ratio of 6.8x. Average forward P/E is 13x in the Entertainment industry in Sweden. Total loss to shareholders of 92% over the past three years.분석 기사 • Nov 28When Should You Buy Nitro Games Oyj (STO:NITRO)?Nitro Games Oyj ( STO:NITRO ), is not the largest company out there, but it received a lot of attention from a...공시 • Oct 29Nitro Games Oyj to Report Nine Months, 2025 Results on Sep 27, 2025Nitro Games Oyj announced that they will report nine months, 2025 results on Sep 27, 2025Reported Earnings • Oct 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €2.75m (up 7.0% from 3Q 2023). Net income: €262.0k (up €2.40m from 3Q 2023). Profit margin: 9.5% (up from net loss in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.공시 • Oct 28+ 1 more updateNitro Games Oyj to Report First Half, 2025 Results on Aug 18, 2025Nitro Games Oyj announced that they will report first half, 2025 results on Aug 18, 2025분석 기사 • Oct 27Is Nitro Games Oyj (STO:NITRO) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Sep 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr55.8m market cap, or US$5.49m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).공시 • Sep 19Morgan Habedank Leaves the Board of Nitro GamesNitro Games Oyj announced Morgan Habedank leaves the board immediately for personal reasons.분석 기사 • Sep 18Positive Sentiment Still Eludes Nitro Games Oyj (STO:NITRO) Following 36% Share Price SlumpThe Nitro Games Oyj ( STO:NITRO ) share price has fared very poorly over the last month, falling by a substantial 36...Reported Earnings • Aug 20Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €2.93m (up 79% from 2Q 2023). Net income: €171.6k (up €1.26m from 2Q 2023). Profit margin: 5.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.분석 기사 • Jul 03Health Check: How Prudently Does Nitro Games Oyj (STO:NITRO) Use Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Breakeven Date Change • May 03Forecast to breakeven in 2025The analyst covering Nitro Games Oyj expects the company to break even for the first time. New forecast suggests the company will make a profit of €290.0k in 2025. Average annual earnings growth of 105% is required to achieve expected profit on schedule.Reported Earnings • Apr 30First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €2.67m (up 54% from 1Q 2023). Net income: €107.1k (up €467.7k from 1Q 2023). Profit margin: 4.0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.공시 • Apr 05Nitro Games Completes the Launch Phase of Autogun HeroesNitro Games announced that it has completed the launch phase of Autogun Heroes and has greenlighted the game to the live phase. The game has now been transferred to publisher Supersonic in the app stores to allow Supersonic to take over the publishing activities for the game. The game is now available globally (excluding China and Russia) for players on both iOS and Android in selected stores under Supersonic from Unity acts as the publisher of the game. Nitro Games will continue to deliver active live services and new game updates, while Supersonic now starts the publishing activities with the game.Reported Earnings • Feb 20Full year 2023 earnings released: €0.13 loss per share (vs €0.26 loss in FY 2022)Full year 2023 results: €0.13 loss per share (improved from €0.26 loss in FY 2022). Revenue: €8.85m (up 11% from FY 2022). Net loss: €3.28m (loss narrowed 3.6% from FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.분석 기사 • Feb 07We Think Nitro Games Oyj (STO:NITRO) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Jan 01Nitro Games Oyj Appoints Jussi Immonen as Chief Commercial OfficerNitro Games Oyj announced that Jussi Immonen, who has worked with Nitro Games since 2018 as a Chief Operating Officer, has been appointed as a Chief Commercial Officer ("CCO") of Nitro Games starting 1 January 2024. In his position as a Chief Commercial Officer Immonen will focus on commercializing the capabilities of the company and the game portfolio. Immonen will also continue as a member of the Management Board.공시 • Dec 23+ 5 more updatesNitro Games Oyj to Report Fiscal Year 2024 Final Results on Apr 22, 2025Nitro Games Oyj announced that they will report fiscal year 2024 final results on Apr 22, 2025New Risk • Nov 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€5.0m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Market cap is less than US$10m (kr77.5m market cap, or US$7.12m).Reported Earnings • Oct 25Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €2.57m (flat on 3Q 2022). Net loss: €2.14m (loss widened 433% from 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in Sweden.New Risk • Oct 23New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€3.3m free cash flow). Negative equity (-€660k). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Market cap is less than US$10m (kr60.1m market cap, or US$5.48m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€356k net loss in 2 years). Share price has been volatile over the past 3 months (9.9% average weekly change).Reported Earnings • Aug 22Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €1.64m (up 5.4% from 2Q 2022). Net loss: €1.09m (loss narrowed 16% from 2Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.New Risk • Aug 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 98% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Market cap is less than US$10m (kr99.7m market cap, or US$9.40m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.2m). Currently unprofitable and not forecast to become profitable over next 2 years (€553k net loss in 2 years).New Risk • Jun 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr76.2m (US$7.15m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€3.2m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (kr76.2m market cap, or US$7.15m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€553k net loss in 2 years).공시 • Jun 02Nitro Games Oyj Launches Autogun HeroesNitro Games Oyj launched Autogun Heroes, a new mobile action game. Warm up fingers, because this game will demand the best from you. Take back the control of an animal-infested world in this next-gen, non-stop 3D shooter platformer with overloaded guns, a team of heroes andblast those aliens in the butt! Bring biggest gun and A game, because the world needs heroes. In Autogun Heroes rampage through levels and unlock new worlds. Collect new, powerful heroes in team and select the best hero for the occasion. The game is now available globally (excluding China and Russia) for players on both iOS and Android in selected stores. Nitro Games acts as the developer and publisher of the game.Board Change • May 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Susana Graham was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 16Nitro Games Oyj Approves Election of Morgan Habedank as New Member of the BoardNitro Games Oyj announced that at its AGM held on May 15, 2023, shareholders approved the appointment of Morgan Habedank as new members to the Board of Directors.Major Estimate Revision • Apr 26Consensus EPS estimates upgraded to €0.10 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €9.90m to €9.00m. 2023 losses expected to reduce from -€0.20 to -€0.10 per share. Entertainment industry in Sweden expected to see average net income growth of 23% next year. Consensus price target down from kr23.36 to kr20.01. Share price rose 14% to kr13.64 over the past week.Breakeven Date Change • Apr 20Forecast to breakeven in 2025The analyst covering Nitro Games Oyj expects the company to break even for the first time. New forecast suggests the company will make a profit of €500.0k in 2025. Average annual earnings growth of 79% is required to achieve expected profit on schedule.분석 기사 • Apr 09Is Nitro Games Oyj (STO:NITRO) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Feb 14Full year 2022 earnings released: €0.26 loss per share (vs €0.27 loss in FY 2021)Full year 2022 results: €0.26 loss per share. Revenue: €7.96m (up 150% from FY 2021). Net loss: €3.41m (loss widened 18% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Entertainment industry in Sweden.공시 • Jan 31+ 6 more updatesNitro Games Oyj, Annual General Meeting, May 20, 2024Nitro Games Oyj, Annual General Meeting, May 20, 2024.공시 • Jan 30Nitro Games Announces Autogun HeroesNitro Games Oyj has announced a new mobile game: Autogun Heroes. Take back the control of an alien-infested world in this next-gen, non-stop 3D action platformer with overloaded guns, a team of heroes and blast those aliens into another dimension! Visually stunning, immersive gameplay makes feel like are actually inside the game fighting against the nasty villains. Rampage through levels and unlock new worlds. Collect new, powerful heroes in team and select the best hero for the occasion! Discover new, more powerful weapons and gear. Get faster, nastier and more dodgier with different perks! The game is currently in soft launch in selected countries in the Google Play store. The purpose of the soft launch is to measure and optimize the game experience with a limited scale audience. During this period, the team prepares the game to be introduced to larger audiences.분석 기사 • Dec 28Nitro Games Oyj (STO:NITRO) Is Carrying A Fair Bit Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman of the Board Johan Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 24Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €2.58m (up 167% from 3Q 2021). Net loss: €401.0k (loss narrowed 37% from 3Q 2021). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Sep 09Nitro Games Launches Nerf: SuperblastNitro Games Oyj launched NERF: Superblast, a first-person multiplayer action game featuring the incredibly popular NERF blasters from Hasbro. Players can engage in fun matches against other players using their NERF blasters, and battle their way through exciting interactive arenas. The game features several authentic lines of NERF blasters, each with their unique play style, that players can collect and upgrade. All in-game blasters are based on the real-world toys and offer NERF fans the opportunity to battle for supremacy with their favorite blasters in a variety of immersive PvP game modes and arenas. The game is now available globally (excluding China) for players on both iOS and Android.공시 • Sep 02Nitro Games Oyj announced that it expects to receive €2 million in funding from Nordisk GamesNitro Games Oyj announed that it has entered into agreement with Nordisk Games for a private placement of convertible loan for proceeds of €2,000,000 on August 31, 2022. The convertible loan has a 24-month maturity and 0 percent annual interest rate. The investor has option to use the convertible loan to subscribe for shares against the unpaid principal of the loan, until the entire loan has been repaid. The transaction is subject to to approval by shareholders at the Extraordinary General Meeting which is expected to be held on September 22, 2022.Reported Earnings • Aug 23Second quarter 2022 earnings released: €0.10 loss per share (vs €0.072 loss in 2Q 2021)Second quarter 2022 results: €0.10 loss per share (down from €0.072 loss in 2Q 2021). Revenue: €1.56m (up 381% from 2Q 2021). Net loss: €1.30m (loss widened 68% from 2Q 2021). Over the next year, revenue is forecast to grow 72%, compared to a 49% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • Aug 23Nitro Games Oyj Launches My Life on SnapchatNitro Games announced that a new mobile game produced for Snapchat has been released. The game is called My Life and it's available now for Snapchatters around the world. My Life is a casual sim -style game where players get to choose a career in anything from arts to medicine, earn money from their profession, and furnish their virtual apartments with trendy or quirky items. Players can visit each others' virtual homes, and connect to create a neighborhood. My Life is an instant game, meaning users can jump into the game immediately, no separate game download is required. It's available exclusively on the Snapchat platform, and features Bitmoji avatars.분석 기사 • Jul 26Is Nitro Games Oyj (STO:NITRO) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Johan Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.주주 수익률NITROSE EntertainmentSE 시장7D10.1%3.3%2.9%1Y16.1%-20.4%13.1%전체 주주 수익률 보기수익률 대 산업: NITRO은 지난 1년 동안 -20.4%의 수익을 기록한 Swedish Entertainment 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: NITRO은 지난 1년 동안 13.1%를 기록한 Swedish 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is NITRO's price volatile compared to industry and market?NITRO volatilityNITRO Average Weekly Movement9.6%Entertainment Industry Average Movement7.1%Market Average Movement6.3%10% most volatile stocks in SE Market13.4%10% least volatile stocks in SE Market3.7%안정적인 주가: NITRO의 주가는 지난 3개월 동안 Swedish 시장보다 변동성이 컸습니다.시간에 따른 변동성: NITRO의 주간 변동성(10%)은 지난 1년 동안 안정적이었지만 Swedish 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트200740Jussi Tahtinenwww.nitrogames.com니트로 게임즈는 유럽 연합, 북미, 영국 및 전 세계에서 모바일용 게임을 개발 및 퍼블리싱하는 회사입니다. 또한 제3자에게 계약 작업의 형태로 개발 서비스를 제공합니다. 이 회사는 2007년에 설립되었으며 핀란드 코트카에 본사를 두고 있습니다.더 보기Nitro Games Oyj 기초 지표 요약Nitro Games Oyj의 순이익과 매출은 시가총액과 어떻게 비교됩니까?NITRO 기초 통계시가총액SEK 44.86m순이익 (TTM)SEK 1.69m매출 (TTM)SEK 81.46m26.5x주가수익비율(P/E)0.6x주가매출비율(P/S)NITRO는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표NITRO 손익계산서 (TTM)매출€7.53m매출원가€1.43m총이익€6.10m기타 비용€5.94m순이익€156.44k최근 보고된 실적Mar 31, 2026다음 실적 발표일Aug 17, 2026주당순이익(EPS)0.0063총이익률81.01%순이익률2.08%부채/자본 비율114.7%NITRO의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 19:38종가2026/05/26 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nitro Games Oyj는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hjalmar AhlbergRedeyeTomas OtterbeckRedeye
공시 • May 23Nitro Games Announces Warhammer 40,000: Boltgun Boom Coming to MobileNitro Games announced Warhammer 40,000: Boltgun Boom coming to mobile in 2026. Pre-registration now open for a shooter mobile game based on the Warhammer 40,000 universe by Games Workshop. The crusade comes to mobile in this new adaptation of the smash hit boomer shooter series originally developed by Auroch Digital for PC and console platforms. Purge with speed and strike with precision in this premium retro FPS featuring different chapters of the Boltgun series. Pre-registration is now open on both Apple App Store and Google Play. The game is set for release in 2026.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr1.79, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 21x in the Entertainment industry in Sweden. Total loss to shareholders of 84% over the past three years.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to kr1.59, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 15x in the Entertainment industry in Sweden. Total loss to shareholders of 88% over the past three years.
공시 • Apr 25Nitro Games Oyj, Annual General Meeting, May 18, 2026Nitro Games Oyj, Annual General Meeting, May 18, 2026, at 10:00 FLE Standard Time. Location: nitro games plc kotka office, juha vainion katu 2, 48100 kotka, Finland
Board Change • Apr 23Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Carl Magnus Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Apr 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr33.3m market cap, or US$3.61m). Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).
공시 • May 23Nitro Games Announces Warhammer 40,000: Boltgun Boom Coming to MobileNitro Games announced Warhammer 40,000: Boltgun Boom coming to mobile in 2026. Pre-registration now open for a shooter mobile game based on the Warhammer 40,000 universe by Games Workshop. The crusade comes to mobile in this new adaptation of the smash hit boomer shooter series originally developed by Auroch Digital for PC and console platforms. Purge with speed and strike with precision in this premium retro FPS featuring different chapters of the Boltgun series. Pre-registration is now open on both Apple App Store and Google Play. The game is set for release in 2026.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to kr1.79, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 21x in the Entertainment industry in Sweden. Total loss to shareholders of 84% over the past three years.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to kr1.59, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 15x in the Entertainment industry in Sweden. Total loss to shareholders of 88% over the past three years.
공시 • Apr 25Nitro Games Oyj, Annual General Meeting, May 18, 2026Nitro Games Oyj, Annual General Meeting, May 18, 2026, at 10:00 FLE Standard Time. Location: nitro games plc kotka office, juha vainion katu 2, 48100 kotka, Finland
Board Change • Apr 23Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Carl Magnus Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Apr 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr33.3m market cap, or US$3.61m). Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin).
Reported Earnings • Apr 22Full year 2025 earnings released: EPS: €0.006 (vs €0.019 in FY 2024)Full year 2025 results: EPS: €0.006 (down from €0.019 in FY 2024). Revenue: €8.47m (down 26% from FY 2024). Net income: €137.5k (down 71% from FY 2024). Profit margin: 1.6% (down from 4.2% in FY 2024). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Mar 20Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to kr1.40. The fair value is estimated to be kr1.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 43% per annum over the same time period.
Reported Earnings • Feb 17Full year 2025 earnings released: EPS: €0.006 (vs €0.019 in FY 2024)Full year 2025 results: EPS: €0.006 (down from €0.019 in FY 2024). Revenue: €8.47m (down 26% from FY 2024). Net income: €137.5k (down 71% from FY 2024). Profit margin: 1.6% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 12Does Nitro Games Oyj (STO:NITRO) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Jan 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr34.8m market cap, or US$3.78m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).
공시 • Jan 01Nitro Games Oyj Appoints Antti Ruonala as Chief Operating Officer and Milka Tarkiainen as Chief People Officer, Effective January 1, 2026Nitro Games Oyj announced that long-term team members Antti Ruonala and Milka Tarkiainen have been promoted and join the Management starting January 1, 2026. Antti Ruonala, COO (Chief Operating Officer), born 1990, B.SC. in business. Antti joined Nitro Games in 2014 where he has held several key leadership roles scaling the company's business and operations. He has over a decade of experience from business development, strategic partnerships and operations. Before joining Nitro Games Antti worked as a Consultant for Cursor Oy and in sales at Olvi Oyj. Milka Tarkiainen, CPO (Chief People Officer), born 1986. Milka is a seasoned People Operations professional. She joined Nitro Games in 2017, evolving into her current leadership role in PeopleOps driving strategic HR leadership at Nitro Games. With a multifaceted background spanning HR management, office administration, marketing coordination, and organizational support functions, Milka has cultivated a broad operational perspective that enhances employee experience and organizational performance.
분석 기사 • Dec 18Pinning Down Nitro Games Oyj's (STO:NITRO) P/S Is Difficult Right NowIt's not a stretch to say that Nitro Games Oyj's ( STO:NITRO ) price-to-sales (or "P/S") ratio of 0.3x right now seems...
Reported Earnings • Oct 28Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €2.12m (down 23% from 3Q 2024). Net income: €149.3k (down 43% from 3Q 2024). Profit margin: 7.1% (down from 9.5% in 3Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Aug 21Co-Founder recently bought kr56k worth of stockOn the 18th of August, Jussi Tahtinen bought around 35k shares on-market at roughly kr1.59 per share. This transaction increased Jussi's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jussi's only on-market trade for the last 12 months.
공시 • Aug 20Nitro Games Oyj to Report Q1, 2027 Results on Apr 26, 2027Nitro Games Oyj announced that they will report Q1, 2027 results on Apr 26, 2027
Reported Earnings • Aug 19Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €1.70m (down 42% from 2Q 2024). Net loss: €459.8k (down 368% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 13% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to kr1.68, the stock trades at a trailing P/E ratio of 8.8x. Average forward P/E is 12x in the Entertainment industry in Sweden. Total loss to shareholders of 92% over the past three years.
분석 기사 • Aug 15There's Reason For Concern Over Nitro Games Oyj's (STO:NITRO) PriceThere wouldn't be many who think Nitro Games Oyj's ( STO:NITRO ) price-to-sales (or "P/S") ratio of 0.3x is worth a...
공시 • Aug 12+ 4 more updatesNitro Games Oyj to Report Q3, 2026 Results on Oct 26, 2026Nitro Games Oyj announced that they will report Q3, 2026 results on Oct 26, 2026
공시 • Jul 21Nitro Games Oyj to Report Q3, 2025 Results on Oct 27, 2025Nitro Games Oyj announced that they will report Q3, 2025 results on Oct 27, 2025
공시 • Jun 25Nitro Games Announces Autogun Heroes Launch on DiscordNitro Games announced that Autogun Heroes is now globally available to play on Discord. Discord, the leading platform for online gaming communities, boasts over 500 million registered users and approximately 150 million monthly active users and is currently integrating gaming more deeply into the platform. The Discord version of the game is optimized for instant play, allowing users to launch and play directly within Discord with no downloads or installations needed. The game is free-to-play, supported by in-game purchases to enhance the player experience. Nitro Games serves as both the publisher and developer of the game.
공시 • Jun 10Nitro Games Announces Development UpdateNitro Games shares new updates on the progress of the Autogun Heroes brand and its platform expansion strategy. Several announcements are made regarding the Autogun Heroes brand and the ongoing plans for expanding to new platforms. The big-screen game Autogun Heroes: Supercharged is currently featured in the ongoing Steam Next Fest starting tonight. Next Fest is an event celebrating upcoming PC games on the Steam platform, and includes a brand-new demo version of Autogun Heroes: Supercharged. The mobile version of Autogun Heroes was previously published on mobile app stores by Supersonic from Unity. On June 9, 2025, Nitro Announces that it has resumed the publishing responsibilities for the mobile version of Autogun Heroes following a mutual agreement with Supersonic from Unity. With the conclusion of this agreement, the game has returned home to Nitro, which will now lead the next phase on both mobile platforms and planned expansion to new platforms as recently annouced. Meanwhile, the web version remains available on Crazy Games and on the official game website. Moving forward, Nitro Games plans to continue expanding the Autogun Heroes brand across more platforms. The company also shares that a new, unannounced game within the Autogun Heroes universe is currently in development. This new game aims to appeal to a broader, more casual audience.
공시 • May 20Nitro Games Oyj Elects Jimmy Jönsson as New Member to its Board of Directors, Effective 19 May 2025Nitro Games Oyj at its Annual General Meeting held on 19 May 2025, elected Jimmy Jönsson as new member to the Board of Directors.
New Risk • Apr 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (kr39.4m market cap, or US$4.09m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).
Reported Earnings • Apr 24Full year 2024 earnings released: EPS: €0.019 (vs €0.19 loss in FY 2023)Full year 2024 results: EPS: €0.019 (up from €0.19 loss in FY 2023). Revenue: €11.4m (up 29% from FY 2023). Net income: €475.3k (up €3.76m from FY 2023). Profit margin: 4.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Sweden are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.
Board Change • Apr 23Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Director Susana Graham was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 14Nitro Games Releases A Public Demo of Autogun Heroes: SuperchargedNitro Games has announced the public demo of their upcoming retro-inspired shoot 'em up adventure, Autogun Heroes: Supercharged. Available now on Steam, this early preview gives players the chance to experience high-octane, explosive gameplay ahead of the full launch. The game is a love letter to classic retro titles and the players who keep the genre alive. Autogun Heroes: Supercharged represents an exciting new chapter in the ever-growing Autogun Heroes universe and builds on the success of the award-winning mobile game. This time, Gus and his squad are targeting PC, bringing classic arcade-style action to both longtime fans and newcomers in a brand-new adventure. Autogun Heroes: Super charged blends tight, responsive controls with fun, skill-based platforming and classic 2D arcade-style gameplay perfectly tuned for PC.
공시 • Apr 11Nitro Games Announces A New Game LaunchingNitro Games announced that its new game, Pistolo, has been launched worldwide on the iGaming platform at Pistolo.com. Pistolo is a browser-based action shooter game where players hunt monsters to gain rewards. These rewards can then also be used to play other games available at pistolo.com. The game is playable instantly in a browser without a separate download and is available globally starting April 11, 2025. Nitro Games acts as the developer of the game.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to kr1.88, the stock trades at a trailing P/E ratio of 8.9x. Average forward P/E is 12x in the Entertainment industry in Sweden. Total loss to shareholders of 89% over the past three years.
New Risk • Feb 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (64% accrual ratio). Market cap is less than US$10m (kr65.3m market cap, or US$6.13m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
Reported Earnings • Feb 17Full year 2024 earnings released: EPS: €0.019 (vs €0.19 loss in FY 2023)Full year 2024 results: EPS: €0.019 (up from €0.19 loss in FY 2023). Revenue: €11.4m (up 29% from FY 2023). Net income: €475.3k (up €3.76m from FY 2023). Profit margin: 4.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr2.94, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 10x in the Entertainment industry in Sweden. Total loss to shareholders of 85% over the past three years.
분석 기사 • Jan 27With Nitro Games Oyj (STO:NITRO) It Looks Like You'll Get What You Pay ForIt's not a stretch to say that Nitro Games Oyj's ( STO:NITRO ) price-to-sales (or "P/S") ratio of 0.5x right now seems...
공시 • Jan 14Nitro Games Oyj to Report Fiscal Year 2025 Final Results on Apr 20, 2026Nitro Games Oyj announced that they will report fiscal year 2025 final results on Apr 20, 2026
공시 • Dec 12Nitro Games Announces Autogun Heroes: SuperchargedNitro Games has announced Autogun Heroes: Supercharged, a skill-based shoot 'em up game crafted specifically for PC fans. This upcoming release marks the next milestone in the platform expansion of Autogun Heroes. Originally debuting on mobile in 2023 and expanding to web games in 2024, Gus and the hero squad are now setting their sights on conquering the PC platform with this exciting new game. Autogun Heroes: Supercharged. is an action-packed 2D shoot-'em-up that combines skill-based platforming with tight, responsive controls. Players will assemble a diverse roster of heroes, each equipped with unique abilities, to fight back against alien invaders across a variety of distinct game worlds. Dodge. Roll. Dominate! The Steam store page for the game is now live. The release date is yet to be announced.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to kr2.66, the stock trades at a trailing P/E ratio of 6.8x. Average forward P/E is 13x in the Entertainment industry in Sweden. Total loss to shareholders of 92% over the past three years.
분석 기사 • Nov 28When Should You Buy Nitro Games Oyj (STO:NITRO)?Nitro Games Oyj ( STO:NITRO ), is not the largest company out there, but it received a lot of attention from a...
공시 • Oct 29Nitro Games Oyj to Report Nine Months, 2025 Results on Sep 27, 2025Nitro Games Oyj announced that they will report nine months, 2025 results on Sep 27, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €2.75m (up 7.0% from 3Q 2023). Net income: €262.0k (up €2.40m from 3Q 2023). Profit margin: 9.5% (up from net loss in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.
공시 • Oct 28+ 1 more updateNitro Games Oyj to Report First Half, 2025 Results on Aug 18, 2025Nitro Games Oyj announced that they will report first half, 2025 results on Aug 18, 2025
분석 기사 • Oct 27Is Nitro Games Oyj (STO:NITRO) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Sep 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr55.8m market cap, or US$5.49m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
공시 • Sep 19Morgan Habedank Leaves the Board of Nitro GamesNitro Games Oyj announced Morgan Habedank leaves the board immediately for personal reasons.
분석 기사 • Sep 18Positive Sentiment Still Eludes Nitro Games Oyj (STO:NITRO) Following 36% Share Price SlumpThe Nitro Games Oyj ( STO:NITRO ) share price has fared very poorly over the last month, falling by a substantial 36...
Reported Earnings • Aug 20Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €2.93m (up 79% from 2Q 2023). Net income: €171.6k (up €1.26m from 2Q 2023). Profit margin: 5.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 03Health Check: How Prudently Does Nitro Games Oyj (STO:NITRO) Use Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Breakeven Date Change • May 03Forecast to breakeven in 2025The analyst covering Nitro Games Oyj expects the company to break even for the first time. New forecast suggests the company will make a profit of €290.0k in 2025. Average annual earnings growth of 105% is required to achieve expected profit on schedule.
Reported Earnings • Apr 30First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €2.67m (up 54% from 1Q 2023). Net income: €107.1k (up €467.7k from 1Q 2023). Profit margin: 4.0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
공시 • Apr 05Nitro Games Completes the Launch Phase of Autogun HeroesNitro Games announced that it has completed the launch phase of Autogun Heroes and has greenlighted the game to the live phase. The game has now been transferred to publisher Supersonic in the app stores to allow Supersonic to take over the publishing activities for the game. The game is now available globally (excluding China and Russia) for players on both iOS and Android in selected stores under Supersonic from Unity acts as the publisher of the game. Nitro Games will continue to deliver active live services and new game updates, while Supersonic now starts the publishing activities with the game.
Reported Earnings • Feb 20Full year 2023 earnings released: €0.13 loss per share (vs €0.26 loss in FY 2022)Full year 2023 results: €0.13 loss per share (improved from €0.26 loss in FY 2022). Revenue: €8.85m (up 11% from FY 2022). Net loss: €3.28m (loss narrowed 3.6% from FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 07We Think Nitro Games Oyj (STO:NITRO) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Jan 01Nitro Games Oyj Appoints Jussi Immonen as Chief Commercial OfficerNitro Games Oyj announced that Jussi Immonen, who has worked with Nitro Games since 2018 as a Chief Operating Officer, has been appointed as a Chief Commercial Officer ("CCO") of Nitro Games starting 1 January 2024. In his position as a Chief Commercial Officer Immonen will focus on commercializing the capabilities of the company and the game portfolio. Immonen will also continue as a member of the Management Board.
공시 • Dec 23+ 5 more updatesNitro Games Oyj to Report Fiscal Year 2024 Final Results on Apr 22, 2025Nitro Games Oyj announced that they will report fiscal year 2024 final results on Apr 22, 2025
New Risk • Nov 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€5.0m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Market cap is less than US$10m (kr77.5m market cap, or US$7.12m).
Reported Earnings • Oct 25Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €2.57m (flat on 3Q 2022). Net loss: €2.14m (loss widened 433% from 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in Sweden.
New Risk • Oct 23New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€3.3m free cash flow). Negative equity (-€660k). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Market cap is less than US$10m (kr60.1m market cap, or US$5.48m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€356k net loss in 2 years). Share price has been volatile over the past 3 months (9.9% average weekly change).
Reported Earnings • Aug 22Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €1.64m (up 5.4% from 2Q 2022). Net loss: €1.09m (loss narrowed 16% from 2Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
New Risk • Aug 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 98% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Market cap is less than US$10m (kr99.7m market cap, or US$9.40m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€3.2m). Currently unprofitable and not forecast to become profitable over next 2 years (€553k net loss in 2 years).
New Risk • Jun 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr76.2m (US$7.15m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€3.2m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (kr76.2m market cap, or US$7.15m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€553k net loss in 2 years).
공시 • Jun 02Nitro Games Oyj Launches Autogun HeroesNitro Games Oyj launched Autogun Heroes, a new mobile action game. Warm up fingers, because this game will demand the best from you. Take back the control of an animal-infested world in this next-gen, non-stop 3D shooter platformer with overloaded guns, a team of heroes andblast those aliens in the butt! Bring biggest gun and A game, because the world needs heroes. In Autogun Heroes rampage through levels and unlock new worlds. Collect new, powerful heroes in team and select the best hero for the occasion. The game is now available globally (excluding China and Russia) for players on both iOS and Android in selected stores. Nitro Games acts as the developer and publisher of the game.
Board Change • May 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Susana Graham was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 16Nitro Games Oyj Approves Election of Morgan Habedank as New Member of the BoardNitro Games Oyj announced that at its AGM held on May 15, 2023, shareholders approved the appointment of Morgan Habedank as new members to the Board of Directors.
Major Estimate Revision • Apr 26Consensus EPS estimates upgraded to €0.10 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €9.90m to €9.00m. 2023 losses expected to reduce from -€0.20 to -€0.10 per share. Entertainment industry in Sweden expected to see average net income growth of 23% next year. Consensus price target down from kr23.36 to kr20.01. Share price rose 14% to kr13.64 over the past week.
Breakeven Date Change • Apr 20Forecast to breakeven in 2025The analyst covering Nitro Games Oyj expects the company to break even for the first time. New forecast suggests the company will make a profit of €500.0k in 2025. Average annual earnings growth of 79% is required to achieve expected profit on schedule.
분석 기사 • Apr 09Is Nitro Games Oyj (STO:NITRO) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Feb 14Full year 2022 earnings released: €0.26 loss per share (vs €0.27 loss in FY 2021)Full year 2022 results: €0.26 loss per share. Revenue: €7.96m (up 150% from FY 2021). Net loss: €3.41m (loss widened 18% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Entertainment industry in Sweden.
공시 • Jan 31+ 6 more updatesNitro Games Oyj, Annual General Meeting, May 20, 2024Nitro Games Oyj, Annual General Meeting, May 20, 2024.
공시 • Jan 30Nitro Games Announces Autogun HeroesNitro Games Oyj has announced a new mobile game: Autogun Heroes. Take back the control of an alien-infested world in this next-gen, non-stop 3D action platformer with overloaded guns, a team of heroes and blast those aliens into another dimension! Visually stunning, immersive gameplay makes feel like are actually inside the game fighting against the nasty villains. Rampage through levels and unlock new worlds. Collect new, powerful heroes in team and select the best hero for the occasion! Discover new, more powerful weapons and gear. Get faster, nastier and more dodgier with different perks! The game is currently in soft launch in selected countries in the Google Play store. The purpose of the soft launch is to measure and optimize the game experience with a limited scale audience. During this period, the team prepares the game to be introduced to larger audiences.
분석 기사 • Dec 28Nitro Games Oyj (STO:NITRO) Is Carrying A Fair Bit Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman of the Board Johan Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 24Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €2.58m (up 167% from 3Q 2021). Net loss: €401.0k (loss narrowed 37% from 3Q 2021). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Sep 09Nitro Games Launches Nerf: SuperblastNitro Games Oyj launched NERF: Superblast, a first-person multiplayer action game featuring the incredibly popular NERF blasters from Hasbro. Players can engage in fun matches against other players using their NERF blasters, and battle their way through exciting interactive arenas. The game features several authentic lines of NERF blasters, each with their unique play style, that players can collect and upgrade. All in-game blasters are based on the real-world toys and offer NERF fans the opportunity to battle for supremacy with their favorite blasters in a variety of immersive PvP game modes and arenas. The game is now available globally (excluding China) for players on both iOS and Android.
공시 • Sep 02Nitro Games Oyj announced that it expects to receive €2 million in funding from Nordisk GamesNitro Games Oyj announed that it has entered into agreement with Nordisk Games for a private placement of convertible loan for proceeds of €2,000,000 on August 31, 2022. The convertible loan has a 24-month maturity and 0 percent annual interest rate. The investor has option to use the convertible loan to subscribe for shares against the unpaid principal of the loan, until the entire loan has been repaid. The transaction is subject to to approval by shareholders at the Extraordinary General Meeting which is expected to be held on September 22, 2022.
Reported Earnings • Aug 23Second quarter 2022 earnings released: €0.10 loss per share (vs €0.072 loss in 2Q 2021)Second quarter 2022 results: €0.10 loss per share (down from €0.072 loss in 2Q 2021). Revenue: €1.56m (up 381% from 2Q 2021). Net loss: €1.30m (loss widened 68% from 2Q 2021). Over the next year, revenue is forecast to grow 72%, compared to a 49% growth forecast for the Entertainment industry in Sweden. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • Aug 23Nitro Games Oyj Launches My Life on SnapchatNitro Games announced that a new mobile game produced for Snapchat has been released. The game is called My Life and it's available now for Snapchatters around the world. My Life is a casual sim -style game where players get to choose a career in anything from arts to medicine, earn money from their profession, and furnish their virtual apartments with trendy or quirky items. Players can visit each others' virtual homes, and connect to create a neighborhood. My Life is an instant game, meaning users can jump into the game immediately, no separate game download is required. It's available exclusively on the Snapchat platform, and features Bitmoji avatars.
분석 기사 • Jul 26Is Nitro Games Oyj (STO:NITRO) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Johan Biehl was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
