Nitro Games

Nitro Games

A mobile game developer and publisher focusing on strategy gaming experiences.

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Financials

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth125 %175 %22 %29 %(21 %)8 %4 %
EBITDA0000000000000000000000000000
% EBITDA margin(89 %)(36 %)(19 %)21 %14 %15 %16 %
Profit0000000000000000000000000000
% profit margin(110 %)(47 %)(37 %)4 %1 %6 %6 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Equity research estimates

More about Nitro Games
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Nitro Games is a mobile game development company specializing in creating engaging and cooperative multiplayer experiences. The company operates in the highly competitive mobile gaming market, targeting casual and hardcore gamers alike. Nitro Games' business model revolves around developing and publishing free-to-play games, generating revenue through in-app purchases and advertisements. Their flagship titles, such as 'Lootland' and 'Heroes of Warland,' offer players the opportunity to team up, clear waves of enemies, and upgrade their characters and equipment. The company serves a global audience, leveraging the best aspects of PC gaming and bringing them to the mobile platform. Nitro Games maintains a small, agile team that allows for quick adaptation and innovation in game development.

Keywords: mobile games, co-op multiplayer, free-to-play, in-app purchases, advertisements, casual gamers, hardcore gamers, character customization, global audience, agile development.

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