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Nitro Games (NITRO) investor relations material
Nitro Games Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved profitability in Q3 2025 despite industry turmoil and a 23% year-over-year revenue decline, reflecting cost discipline, operational efficiency, and adaptability.
Portfolio rebalanced: reduced investment in older titles, four new MVPs in development, and new partnerships established, including with Starbreeze and VOID Interactive.
Focus on action and shooter games, expanding into cross-platform and B2B service business.
Financial highlights
Q3 2025 revenue: €2.1M (down 23% YoY); Jan–Sep 2025 revenue: €6.3M (down 25% YoY).
Q3 2025 EBITDA: €532K (vs. €754K YoY); Q3 2025 EBIT: €173K (vs. €313K YoY); Q3 2025 net result: €149K (vs. €262K YoY); Q3 2025 EPS: €0.01 (flat YoY).
Operating expenses, personnel costs, and depreciation all lower than the previous year.
Positive bottom line and cash flow neutral for Q3, despite lower revenues.
Outlook and guidance
No formal forward-looking financial guidance provided, but management expects to start 2026 from a leaner, more resilient base, focusing on profitability and growth from new partnerships and MVP projects.
Resilient business model and flexible staffing position the company to capitalize on future opportunities.
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