Nitro Games Oyj: Interim report Jan – Mar 2020
Reporting period January – March 2020 · Revenues (Jan-Mar): 461,8 KEUR (25,2 KEUR on corresponding period 2019). · EBITDA: -209,2 KEUR (-1 315,5 KEUR). · EBIT: -323,4 KEUR (-1 472,1 KEUR). · Net profit: -325,0 KEUR (-1 474,9 KEUR). · Cash and cash equivalents: 944,0 KEUR, and 460,2 KEUR of short-term receivables (31 March 2020). Significant events during January - March 2020 · Signed publishing services agreement with Expansive Worlds AB (“Avalanche Studios”). · Expanded soft launch for Heroes of Warland with biggest game expansion to date. · Updated on the