Nitro Games: A Fair Chance to Realize its Vision

Research Update

2020-05-05

07:30

Redeye views the new partnership with Nordisk Film Games as very positive in building a strong team and execute on the new strategic focus. However, we estimate these investments will result in a negative cash-flow for the next few years. We believe Nordisk Film Games will acquire Nitro Games in 1-3 years. The timing of the acquisition and the price tag will depend on how well the company will realize its vision.

TO

KL

Tomas Otterbeck

Kristoffer Lindström

Disclosures and disclaimers

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