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Autogun Heroes developer Nitro Video games achieved file development in 2024 as income grew 29% to €11.4 million ($12.3m) year-over-year.
EBITDA elevated 241% to €2.4m ($2.6m), whereas web earnings hit €475,000 ($495k), up 114% Y/Y.
In This fall alone, the developer reported €3m ($3.2m) in income, an increase of 5.3% Y/Y. In the meantime, EBITDA declined by 29.3% to €556k ($578k), and web revenue decreased by 74% to €78k ($82k).
Nitro Video games stated its improved financials for the yr comes on account of its increasing portfolio, which incorporates initiatives resembling Autogun Heroes, NERF: Superblast, Warframe on cellular and an upcoming Netflix undertaking, in addition to controlling prices.
The Finnish cellular video games developer added that it’s “seeing growing demand” for cross-platform titles, particularly video games that embrace a cellular model, and that its “ongoing platform enlargement is an efficient match to that demand.
“All-time excessive”
“We acquired notable follow-up orders from our B2B prospects and secured new partnerships with a complete order worth of €9.4m regardless of a very difficult market,” stated Nitro Video games CEO Jussi Tähtinen.
He added: “It’s clear that we’re at the moment at an all-time excessive in some ways.
“ our historical past and the long-term improvement of our income and profitability, it’s evident that this isn’t a one-off occasion however a logical subsequent step in our journey. We turned worthwhile on the finish of 2023 and stayed worthwhile all through 2024 regardless of investing sooner or later development of our recreation portfolio by means of platform enlargement and new recreation exploration.
“Our concentrate on motion and shooter manufacturers throughout platforms has allowed us to capitalise on alternatives extra successfully, constantly enhancing and strengthening our status.
“In 2024, we stayed true to our imaginative and prescient – collaborating with main manufacturers whereas increasing into new platforms. This resulted in a file monetary yr. Extra importantly, it positioned us nicely for the longer term, permitting us to proceed regular ahead motion towards new milestones and achievements.”
