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Nitro Games Q2’22: Initial take - Redeye

Q2’22 marked another quarter with high sales growth for Nitro Games, albeit from modest levels. However, we expect revenues to ramp up in H2’22 due to the launch of its internally developed games. We believe Nitro will reach an inflection point in H2’22, becoming profitable on an EBITDA level.

Q2’22 marked another quarter with high sales growth for Nitro Games, albeit from modest levels. However, we expect revenues to ramp up in H2’22 due to the launch of its internally developed games. We believe Nitro will reach an inflection point in H2’22, becoming profitable on an EBITDA level.
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