Ninja Kiwi's margins in good shape post-takeover

Ninja Kiwi's margins in good shape post-takeover
The studio's blockbuster Bloons TD 6 has proven incredibly popular and lucrative for the company. (Image: Ninja Kiwi)
Ben Moore
Video games studio Ninja Kiwi posted a net profit of $40.8 million from revenue of $89.5m for the year ending Dec 31, 2023.According to the NZ Game Developers Association, this compares with a total of $434.4m in revenue earned by all NZ video game studios in 2023.Ninja's profit was up $4m from the prior year, and revenue was up $1.4m.The vast majority of revenue came from digital currencies and in-app virtual goods, totalling $42m, down $4m from 2022.Revenue from the sale of games grew $1.5m to $27m, and from subscriptions a...

More Technology

Don't get stuck in Big Tech's ecosystem
Technology Spark Accelerate

Don't get stuck in Big Tech's ecosystem

Amanda Johnstone's warning for Kiwi businesses.

Peter Griffin 24 Oct 2025
From pilot to payoff: 'Five times return on our AI investment'
Technology The Business of Tech Podcast

From pilot to payoff: 'Five times return on our AI investment'

This week, Peter speaks with Hamish Miles, MD of Salesforce New Zealand.

Peter Griffin 23 Oct 2025
Agritech is NZ’s future, if it acts quickly enough: BCG report
Primary Sector

Agritech is NZ’s future, if it acts quickly enough: BCG report

NZ is still ‘navel-gazing’ about its economic future.

Greg Hurrell 23 Oct 2025