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Nitro Games Oyj (NITRO.ST)

SEK2.37 +0.28 (+13.40%)
FI STO Technology Electronic Gaming & Multimedia
Address Juha Vainion katu 2 48100
Kotka, FI
CEO Jussi Tahtinen
IPO 2017-06-16
ISIN FI4000242961

Explore sections of this company profile

Description

Nitro Games Oyj is a global developer and publisher, focusing on creating and distributing games for mobile devices worldwide. Beyond its own titles, the company also provides contract-based development services for external clients. Founded in 2007, Nitro Games' primary base of operations is located in Kotka, Finland.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK2.37 +0.28 (+13.40%)
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Volume Profile
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Liquidity & share structure
Average Volume
41.9K
Beta
0.92
Float Shares
14.79M
Free Float %
59.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.10% +1.12% -3.74% +22.45% +34.33% +20.81% +19.21% -86.65% -86.94% -95.54% -95.54%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.37
Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-3.50
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Electronic Gaming & Multimedia: +4.1%
    -24.3% Q1'26: -38.4% (vs Q1'25)
  • EPS growth Electronic Gaming & Multimedia: +20.0%
    -47.1% Q1'26: +30.4% (vs Q1'25)
  • FCF margin FCF growth · Electronic Gaming & Multimedia: +41.4%
    +2.2% Q1'26: +40.7% (vs Q1'25)
  • EBIT margin Electronic Gaming & Multimedia: +10.3%
    +2.8% Q1'26: +6.8% (vs Q1'25)
  • ROIC Electronic Gaming & Multimedia: +6.6%
    +5.9% Q1'26: +11.5% (vs Q1'25)
  • Share dilution Electronic Gaming & Multimedia: +0.0%
    -44.6% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electronic Gaming & Multimedia: -1.53×
    1.79× Q1'26: 1.90× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.93) × ERP
WACC = 44% × Ke + 56% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 2.37
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
Dec 2027
1 Rev. Ana.
Dec 2028
1 Rev. Ana.
Revenue
1.72M
est: 2.03M (-15.4%)
2.20M
est: 3.13M (-29.6%)
816.2K
est: 877.2K (-7.0%)
1.17M
est: 1.22M (-4.1%)
2.64M
est: 2.99M (-11.7%)
7.25M
est: 6.37M (+13.8%)
8.84M
est: 8.43M (+4.9%)
11.39M
est: 10.32M (+10.4%)
8.62M
est: 8.45M (+2.1%)
8.93M
8.93M – 8.93M
+5.7% YoY
9.41M
9.41M – 9.41M
+5.4% YoY
9.90M
9.90M – 9.90M
+5.2% YoY
EBITDA
-2.49M
est: -916.1K (-171.6%)
-5.10M
est: -1.41M (-260.9%)
-2.66M
est: -395.9K (-571.4%)
-2.33M
est: -551.2K (-322.1%)
-2.34M
est: -1.35M (-73.7%)
-2.80M
est: -2.88M (+2.5%)
-1.72M
est: -3.80M (+54.9%)
2.41M
est: -2.20M (+209.9%)
1.66M
est: -1.80M (+192.6%)
-1.90M
-1.90M – -1.90M
-5.7% YoY
-2.00M
-2.00M – -2.00M
-5.4% YoY
-2.11M
-2.11M – -2.11M
-5.2% YoY
EBIT
-3.16M
est: -1.13M (-179.5%)
-5.73M
est: -1.74M (-228.8%)
-3.28M
est: -488.5K (-572.1%)
-2.78M
est: -680.2K (-309.2%)
-2.87M
est: -1.66M (-72.5%)
-3.62M
est: -3.55M (-2.1%)
-3.02M
est: -4.69M (+35.5%)
648.8K
est: -3.63M (+117.9%)
239.4K
est: -2.97M (+108.1%)
-3.14M
-3.14M – -3.14M
-5.7% YoY
-3.31M
-3.31M – -3.31M
-5.4% YoY
-3.48M
-3.48M – -3.48M
-5.2% YoY
Net Income
-3.34M
est: -34.55M (+90.3%)
-5.75M
est: -33.02M (+82.6%)
-3.30M
est: -15.45M (+78.6%)
-2.84M
est: -8.60M (+67.0%)
-2.91M
est: -7.21M (+59.6%)
-3.42M
est: -2.24M (-52.7%)
-3.28M
est: -4.83M (+32.0%)
475.3K
140.6K
— – —
— – —
— – —
SGA
643.8K
est: 263.0K (+144.8%)
2.05M
est: 405.8K (+405.1%)
361.2K
est: 113.7K (+217.7%)
377.0K
est: 158.3K (+138.2%)
398.5K
est: 386.8K (+3.0%)
476.1K
est: 825.6K (-42.3%)
527.0K
est: 1.09M (-51.7%)
564.5K
est: 673.1K (-16.1%)
est: 551.0K (-100.0%)
582.3K
582.3K – 582.3K
+5.7% YoY
613.9K
613.9K – 613.9K
+5.4% YoY
645.5K
645.5K – 645.5K
+5.2% YoY
EPS
-2.26
est: -1.39 (-63.0%)
-2.15
est: -1.32 (-62.3%)
-0.88
est: -0.62 (-42.0%)
-0.40
est: -0.35 (-15.9%)
-0.27
est: -0.29 (+6.6%)
-0.27
est: -0.09 (-200.5%)
-0.19
est: -0.19 (+2.0%)
0.02
0.01
— – —
— – —
— – —
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-28 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-27 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-26 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-25 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-22 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-21 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-20 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-19 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-18 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-15 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-13 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-12 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-11 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-08 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-07 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-06 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-05 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-05-04 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-04-30 B 3/5 1/5 3/5 3/5 1/5 3/5 5/5
2026-04-29 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-04-28 B- 3/5 1/5 3/5 3/5 1/5 3/5 4/5
2026-04-27 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-04-24 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-04-23 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-04-22 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-04-21 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-04-20 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-04-17 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5
2026-04-16 B- 2/5 1/5 2/5 3/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.16M
OE per share TTM
0.05
Owner's Yield
2.59%
Maintenance CapEx ratio
348.63%
Maint CapEx / Avg PPE
1.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.9K
Shares Outstanding
24.92M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Antti Juhani Villanen Co-Founder, Chief Strategy Officer, Member of Management Board & Director male
Antti Ruonala Chief Operating Officer male
Antti Villanen Co-Founder, Chief Strategy Officer, Member of Management Board & Director male
Jussi Immonen Chief Commercial Officer & Member of Management Board male
Jussi Tahtinen Co-Founder, Chief Executive Officer, MD & Member of Management Board male
Matti Kalevi Nikkola Chief Financial Officer & Member of the Management Board male
Matti Nikkola Chief Financial Officer & Member of the Management Board male
Milka Tarkiainen Chief People Officer female
Renata Bakieva Head of Business Development
Samppa Ronka Chief Technology Officer & Member of Management Board male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits