NITRO GAMES OYJ chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.52
Dividend & YieldN/Akr (N/A)
Beta 0.94
Market capitalization 209.44M
Operating cash flow -3.09M
ESG Scores unknown

Company description

Nitro Games Oyj develops and publishes games for mobiles worldwide. It also provides development services to third parties in the form of contracting work. The company was incorporated in 2007 and is headquartered in Kotka, Finland.

Sector: Communication Services - Industry: Electronic Gaming & Multimedia

Financial Ratios
Quick Ratio4.33
Working Capital-0.88
Return On Equity-0.74
Debt To Equity0.43
Fixed Asset Ratio0.1
Fixed Interest Cover-128.14

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 241.3k -74.3k 111.6k 403.2k
Total Cashflows From Investing Activities -1.17M -1.17M -1.73M -545.5k
Net Borrowings -107k 856.5k 2.24M -1.59M
Total Cash From Financing Activities 5.83M 2.25M 4.54M 3.68M
Change To Operating Activities -17k 5.9k 614.7k -251.4k
Issuance Of Stock 5.95M 1.4M 2.34M 5.3M
Net Income -5.75M -3.29M -2.81M -2.89M
Change In Cash 892.6k -1.58M 1.3M 755.6k
Effect Of Exchange Rate
Total Cash From Operating Activities -4.94M -2.66M -1.51M -2.38M
Depreciation 7.59k 388 311 931
Change To Account Receivables -24k 65.5k 85.5k -193k
Other Cashflows From Financing Activities -15.3k -8.9k -27.7k -21.5k
Change To Netincome -24.79k 8.93k 27.84k 21.53k
Capital Expenditures -1.17M -1.17M -1.73M -545.5k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -5.75M -3.29M -2.81M -2.89M
Net Income -5.75M -3.29M -2.81M -2.89M
Selling General Administrative 4.02M 2.14M 2.32M 2.63M
Gross Profit 794.95k 1.03M 1.21M 1.51M
Ebit -5.65M -3.2M -2.72M -2.76M
Operating Income -5.65M -3.2M -2.72M -2.76M
Interest Expense -14.45k -9.71k -27.75k -21.51k
Income Tax Expense
Total Revenue 2.2M 1.99M 2.27M 3.18M
Cost Of Revenue 1.41M 951.38k 1.06M 1.67M
Total Other Income ExpenseNet -95.78k -95.84k -89.89k -132.92k
Net Income From Continuing Ops -5.75M -3.29M -2.81M -2.89M
Net Income Applicable To Common Shares -5.75M -3.29M -2.81M -2.89M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 736.37k 1.52M 4.48M 3.12M
Total Stockholder Equity 3.86M 1.97M 1.49M 3.9M
Other Current Liabilities 47.69k 39.16k 45.76k 56.93k
Total Assets 4.6M 3.49M 5.98M 7.02M
Common Stock 80k 80k 80k 80k
Other Current Assets
Retained Earnings -13.29M -16.58M -19.39M -22.28M
Treasury Stock 17.07M 18.47M 20.81M 26.1M
Cash 3.26M 1.68M 2.98M 3.74M
Total Current Liabilities 605.82k 531.5k 653.39k 985.55k
Other Stockholder Equity 17.07M 18.47M 20.81M 26.1M
Property, Plant, and Equipment 1.7k 1.27k 956
Total Current Assets 3.67M 2.02M 3.24M 4.27M
Net Tangible Assets 3.86M 1.97M 862.01k 3.27M
Net Receivables 369.73k 258.2k 171.43k 401.32k
Accounts Payable 259.34k 228.76k 201.67k 474.54k


Insider Transactions

Here are the insider transactions of stock shares related to NITRO GAMES OYJ:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NITRO GAMES OYJ. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NITRO GAMES OYJ

Here is the result of two systematic investment strategies applied to NITRO GAMES OYJ. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NITRO GAMES OYJ

The following chart shows the equity curve of the two systematic investment strategies applied to NITRO GAMES OYJ:

NITRO GAMES OYJ automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

0.0 %
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Momentum strategy results on NITRO GAMES OYJ

This is the result of two momentum investment strategies applied to NITRO GAMES OYJ. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NITRO GAMES OYJ

The following chart shows all the entries opened by the momentum investment system on NITRO GAMES OYJ:

NITRO GAMES OYJ momentum entries
  • The first momentum investment strategy would give -4.21% of return on NITRO GAMES OYJ. That represents -10.15kr of latent gain with 241.15kr of employed capital.
  • The second momentum investment strategy would give 0% of return on NITRO GAMES OYJ. That represents 0.0kr of latent gain with 0.0kr of employed capital.
Performance at glance (1Q Momentum)

Performance

-4.21 %

Latent gain

-10.15 kr

Invested capital

241.15 kr

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

-0.0 %

Momentum equity curve on NITRO GAMES OYJ

The following chart shows the equity curve of the two momentum strategies applied to NITRO GAMES OYJ:

NITRO GAMES OYJ momentum equity

Note: the dividends potentially given by NITRO GAMES OYJ are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NITRO GAMES OYJ

The following chart shows the employed capital evolution of the two momentum strategies on NITRO GAMES OYJ since the beginning:

NITRO GAMES OYJ

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on NITRO GAMES OYJ

Buy the dip entry openings on NITRO GAMES OYJ

NITRO GAMES OYJ

The performance achieved by the robo-advisor on NITRO GAMES OYJ is 0%. That represents 0.0$ of latent gain with 0.0kr of employed capital. The following chart shows NITRO GAMES OYJ stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NITRO GAMES OYJ, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

-0.0 %

Equity curve of the strategy applied to NITRO GAMES OYJ

The following chart shows the result of the investment strategy applied to NITRO GAMES OYJ:

NITRO GAMES OYJ

Note: the dividends potentially given by NITRO GAMES OYJ are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NITRO GAMES OYJ

The following chart shows the employed capital evolution since the beginning of the investment strategy on NITRO GAMES OYJ:

NITRO GAMES OYJ

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NITRO GAMES OYJ

In this section, I will compare the three previous investment strategies applied to NITRO GAMES OYJ.

Equity curve comparison on NITRO GAMES OYJ

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NITRO GAMES OYJ investment strategy comparison

Employed capital comparison on NITRO GAMES OYJ

NITRO GAMES OYJ investment comparison

Performance comparison on NITRO GAMES OYJ

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0kr 0.0kr 0.0%
Momentum 1 quarter -4.21% -10.15kr 241.15kr -105.25%
Momentum 2 quarters 0% 0.0kr 0.0kr -0.0%
Non-directional 0% 0.0kr 0.0kr -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NITRO GAMES OYJ:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between NITRO GAMES OYJ and the other stocks. There may be false positives or some missing correlated stocks. If the price of NITRO GAMES OYJ does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NITRO GAMES OYJ
Country Finland
City Kotka
Address Juha Vainion katu 2
Phone 358 4408 22268
Website www.nitrogames.com
FullTime employees 55
Industry Electronic Gaming & Multimedia
Sector Communication Services
Exchange XSTO
Ticker NITRO.XSTO
Market www.nasdaqomxnordic.com

NITRO GAMES OYJ ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown