Nitro Games PLC (OSTO:NITRO)
kr 2.29 -0.040 (-1.72%) Market Cap: 57.08 Mil Enterprise Value: 66.20 Mil PE Ratio: 21.20 PB Ratio: 1.94 GF Score: 64/100

Q1 2025 Nitro Games Oyj Earnings Call Transcript

Apr 28, 2025 / 07:30AM GMT
Release Date Price: kr1.55 (+0.13%)

Key Points

Positve
  • Nitro Games PLC (OSTO:NITRO) delivered a profitable quarter despite undergoing a transformation in its brand portfolio.
  • The company has a strong technical foundation, enabling it to deliver high-quality gaming experiences across multiple platforms.
  • Nitro Games PLC (OSTO:NITRO) is expanding its game portfolio and exploring new platforms and audiences, aligning with its strategic goals for the year.
  • The company has a flexible and scalable team structure, allowing it to adjust costs and resources efficiently.
  • Nitro Games PLC (OSTO:NITRO) has a history of successful B2B partnerships and is actively seeking new opportunities in this area.
Negative
  • The cancellation of a project with Netflix was a setback, impacting potential revenue streams.
  • There is concern about maintaining cash positivity without new significant deals following the Netflix project cancellation.
  • The company is in a transition phase, which has resulted in higher costs during the first quarter.
  • Scalability challenges persist, particularly in balancing user acquisition costs with revenue generation.
  • There is uncertainty regarding the timeline for new platform expansions and the realization of potential new partnerships.
Jussi Tahtinen
Nitro Games Oyj - Chief Executive Officer & Co-founder

Hello, good morning, and greetings from Finland.

Antti Villanen
Nitro Games Oyj - Co-Founder & Chief Strategy Officer

Spring is coming. Yes, we are here

Jussi Tahtinen
Nitro Games Oyj - Chief Executive Officer & Co-founder

Here indeed again, and we are here to deliver you fresh off the bat the new Q1 report and the key things are inside it, yes.

I'm Jussi Tahtinen, I'm the CEO and co-Founder here at Nitro Games, and with me I have my co-Founder, Chief.

Antti Villanen
Nitro Games Oyj - Co-Founder & Chief Strategy Officer

Antti Villanen, Chief Strategy Officer, to get running business with you for 18 years.

Jussi Tahtinen
Nitro Games Oyj - Chief Executive Officer & Co-founder

Yes. Life sentence. Okay, so, just in case you are new to Nitro Games, this is what we do. So we're a Games company from Finland. We've been doing this

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