From GlobeNewswire: 2024-08-01 12:00:00

Atari announces its audited full-year 2024 results, highlighting operational achievements such as acquisitions and strategic collaborations. With doubled revenues of €20.6M, Games revenue reached €14.4M. The current operating income was -€6.5M, heavily influenced by amortization charges. Chairman Wade Rosen praised the company’s progress and focus on classic gaming.

During the year, Atari concentrated on game development, releasing titles like Days of Doom and Rollercoaster Tycoon Adventures: Deluxe. Hardware operations saw success with the launch of the Atari 2600+ and 400 Mini. Licensing initiatives were fruitful, leading to the release of the MyArcade GamestationPro. Atari’s Web3 focus expanded to include Atari X initiatives and collaborations.

Atari’s financial performance for FY 2024 was marked by a total revenue increase from €10.1M to €20.6M. Games revenue doubled to €14.4M, with Hardware and Licensing revenues also showing significant growth. The company’s strategic direction and acquisitions, like Nightdive Studios and Digital Eclipse, were pivotal in driving this success.

The company’s recent moves in the gaming industry and strategic acquisitions have paid off, leading to a significant increase in revenue for FY 2024. The focus on classic gaming and retro-hardware has proven to be a successful strategy for Atari. The acquisition of key assets like Rollercoaster Tycoon 3 and partnerships in the gaming space have further solidified Atari’s position in the market.



Read more at GlobeNewswire:: ATARI: FULL YEAR 2024 RESULTS