Nitro Games Hits Record Growth in 2024
Autogun Heroes developer Nitro Games delivered a standout year in 2024, with revenue surging 29% to €11.4M ($12.3M) and EBITDA skyrocketing 241% to €2.4M ($2.6M). Net profit more than doubled, hitting €475K ($495K), up 114% YoY.
Q4 Snapshot:
- Revenue: €3M ($3.2M) (+5.3% YoY)
- EBITDA: €556K ($578K) (-29.3% YoY)
- Net profit: €78K ($82K) (-74% YoY)
Nitro Games credits its success to an expanding game portfolio—including Autogun Heroes, NERF: Superblast, Warframe Mobile, and an upcoming Netflix project—along with tight cost control. The studio also highlighted growing demand for cross-platform titles, particularly those with mobile support.
“All-Time High”
CEO Jussi Tähtinen emphasized the studio’s momentum:
📈 €9.4M in new B2B orders & partnerships
🔥 Profitability sustained despite market challenges
🎯 Expanding shooter/action brands across platforms
“Looking at our history, this isn’t a one-off—it’s a logical next step. We stayed profitable throughout 2024 while investing in future growth,” Tähtinen said. “This record year isn’t just about numbers—it sets us up for even bigger milestones ahead.”
