Quick Take
- Nitro Games signs €1.6 million agreement for an unnamed mobile shooter using partner IP.
- Project starts and ends in 2026 under typical industry conditions.
- Builds on earlier deals, raising total with the client to nearly €2 million.
Nitro Games, a Finland-based mobile game developer, has sealed a noteworthy contract that highlights its strength in the shooter category. The firm revealed a €1.6 million development services pact with an unidentified European developer and publisher. This involves crafting a fresh mobile shooter grounded in the client’s intellectual property, which plays to Nitro’s experience with dynamic, engaging games.
Since its founding in 2007, Nitro Games has been publicly traded on the Nasdaq First North Growth Market as NITRO. The company has delivered standout titles such as Autogun Heroes and NERF: Superblast, establishing a reputation for polished gameplay. In addition to internal projects, it provides specialized services to industry partners, a model this latest agreement supports.
This new deal expands on initial smaller commitments from the same partner, lifting the overall value to about €2 million. Scheduled to kick off early in 2026 and finish by year’s end, the effort aligns with Nitro’s ongoing operations. CEO and co-founder Jussi Tähtinen expressed confidence in the match, citing the studio’s shooter expertise and optimism for the joint venture.
On the financial front, this arrives during a strong period for Nitro. For Q3 2025, revenues hit €2.1 million with EBITDA at €0.5 million, beating projections. Contracts like this help navigate market challenges and foster growth.
Nitro’s past collaborations, including extensions with Starbreeze, have strengthened its portfolio. The recent Pistolo release is also contributing through revenue shares, diversifying the company’s earnings.
Nitro Games pursued Web3 initiatives in years past but is currently focusing on more traditional game development.
In the mobile gaming landscape, this agreement points to increasing reliance on specialized studios for publisher needs. For Nitro, it solidifies a strategy of blending owned properties with client work, potentially leading to fresh innovations for global audiences.
