Nitro Games Oyj

Chart & Performance

D1W1MN

P/E

7.09

P/S

0.30

EPS

0.02

Div Yield, %

—

Shrs. gr., 5y

47.69%

Rev. gr., 5y

69.42%

Revenues

11m

+28.85%

Net income

475k

CFO

539k

Earnings

Apr 28, 2025

Profile

Nitro Games Oyj develops and publishes games for mobiles worldwide. It also provides development services to third parties in the form of contracting work. The company was incorporated in 2007 and is headquartered in Kotka, Finland.

URL

https://www.nitrogames.com/

IPO date

Jun 16, 2017

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	11,392 28.85%	8,842 21.99%	7,248 175.01%
Cost of revenue	3,133	4,993	5,099
Unusual Expense (Income)
NOPBT	8,259	3,849	2,149
NOPBT Margin	72.50%	43.53%	29.65%
Operating Taxes		(145)	14
Tax Rate			0.64%
NOPAT	8,259	3,994	2,135
Net income	475 -114.48%	(3,283)
Dividends
Dividend yield
Proceeds from repurchase of equity		4,072	13
BB yield		-7.83%	-0.01%
Debt
Debt current	52	897	437
Long-term debt	2,997	1,907	3,430
Deferred revenue		1
Other long-term liabilities	557	300	839
Net debt	1,032	(1,022)	2,269
Cash flow
Cash from operating activities	539	(537)	(2,923)
CAPEX	(1,200)	(2,161)	(1,200)
Cash from investing activities	(1,200)	(2,113)	(1,200)
Cash from financing activities	(1,148)	4,879	1,982
FCF	7,290	4,675	2,305
Balance
Cash	2,016	3,826	1,597
Long term investments
Excess cash	1,447	3,384	1,235
Stockholders' equity	(28,291)	1,686	26,196
Invested Capital	33,600	2,976	3,805
ROIC	45.16%	117.80%	68.09%
ROCE	155.55%	82.50%	42.63%
EV
Common stock shares outstanding	27,191	17,440	12,900
Price	2.26 -24.16%	2.98 -78.34%	13.76 -57.92%
Market cap	61,451 18.24%	51,971 -70.72%	177,506 -51.74%
EV	62,483	50,949	179,775
EBITDA	10,019	5,157	2,921
EV/EBITDA	6.24	9.88	61.54
Interest		422	21
Interest/NOPBT		10.97%	0.99%