Nitro Games Q4: Several future opportunities
Research Note
2020-02-17
11:23
Revenue was in line with our estimates. However, “Other OPEX” was EUR 0.18 million higher than expected, related to directed share issue costs. Cash and cash equivalents at the end of the period were EUR 1.68 million. Cash generated from operations was - EUR 0.31 during the quarter. Nitro Games have several future opportunities in its business development pipeline which is good news for its future cash-flow.
TO
KL
Tomas Otterbeck
Kristoffer Lindström
Disclosures and disclaimers