1.24
0.00%
Close of 9 Nov 2026, in SEK
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About Nitro Games Oyj
Its shares trade on Nasdaq Stockholm under the ticker NITRO.ST. It has been listed since 16 June 2017. In the fiscal year to 31 December 2024, it reported revenue of €11.4m and net income of €475,300. At that date it held total assets of €7.5m and shareholders' equity of €2.4m.
Nitro Games Oy engages in developing mobile game applications. The company is headquartered in Kotka, Etela-Suomen. The company went IPO on 2017-06-16. The firm creates products oriented to the mid-core user segment and focuses mostly on the genre of strategy games. The firm maintains its own platform NG Platform and applies minimum viable product process for market validation with new game prototypes after only a week of development. The NG Platform supports phones and tablets of all screen sizes. The Company’s product portfolio comprises such games, as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove and Raids of Glory, among others. The firm operates thorough it subsidiaries Nitro Games Alpha Oy and Nitro Games Beta Oy. The company has a focus on the North American and Western European markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Entertainment
- Listed since
- 16 Jun 2017
- Employees
- 58
- Website
- nitrogames.com ↗
Leadership
Pay as last reported
- Mr. Johan BiehlIndependent Chairman of the Board
- Mr. Jussi TaehtinenChief Executive Officer
- Mr. Antti VillanenCo-Founder, Chief Scientific Officer, Director, since 2008
- Mr. Matti NikkolaChief Financial Officer
- Mr. Samppa RoenkaeChief Technology Officer
- Mr. Jussi ImmonenChief Commercial Officer
- Mr. Jimmy JonssonIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 11
- Environment
- 6
- Social
- 21
- Governance
- 6
- Women in the workforce
- 29%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Nitro Games Oyj develops mobile games for mid-core users with strategy genre focus.
- The NG Platform supports all phone and tablet screen sizes for seamless user experience.
- East India Company and Commander: Conquest of the Americas are key products in their portfolio.
Weaknesses
- Nitro Games Oyj has only 58 employees for a global mobile gaming market.
- The company relies on subsidiaries Nitro Games Alpha Oy and Nitro Games Beta Oy for operations.
- Their minimum viable product process may limit game complexity and depth.
Opportunities
- North American and Western European markets offer growth potential for mobile gaming.
- The NG Platform can expand to new devices and operating systems.
- Strategy games genre continues to attract mid-core users globally.
Threats
- Mobile gaming competition is intense in North American and Western European markets.
- Strategy games genre faces saturation with similar titles in the market.
- The company's small size may hinder scaling operations rapidly.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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