Atari Valuation Multiples

Atari is valued at $54M as of October 2026, a 2.1x revenue multiple. In the last fiscal year, Atari revenue was $63M and Atari EBITDA was $15M.

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Atari Overview

About Atari

Atari SA is an interactive entertainment company and iconic gaming industry brand, globally recognized for its multi-platform, interactive entertainment and licensed products. It owns and/or manages a portfolio of games and franchises, including Pong, Breakout, Asteroids, Missile Command, Centipede, and RollerCoaster Tycoon. The Group is structured around three main lines of business: Games, Hardware, and Licensing, with Games generating maximum revenue. Licensing includes gaming hardware, arcade cabinets, handhelds, plug-and-play devices, collectibles, apparel, home and lifestyle products, and media. Geographically, the Group operates in the United States, Europe, and the rest of the world, with the United States generating maximum revenue.


Founded

1987

HQ

France

Employees

90

Website

atari.com

Financials (Last FY)

Revenue: $63M
EBITDA: $15M

EV

$129M

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Atari Financials

Atari reported last fiscal year revenue of $63M and EBITDA of $15M.

In the same fiscal year, Atari generated $47M in gross profit, $15M in EBITDA, and had net loss of ($4M).


Atari P&L

In the most recent fiscal year, Atari reported revenue of $63M and EBITDA of $15M.

Atari is unprofitable as of last fiscal year, with gross margin of 75%, EBITDA margin of 24%, and net margin of (7%).

See analyst estimates for Atari
Last FY202320242025202620272028
Revenue$63M$21M$35M$39M
Gross Profit$47M$15M$26M$29M
Gross Margin75%73%73%74%
EBITDA$15M$6M$12M$13M
EBITDA Margin24%28%34%33%
EBIT Margin(12%)(38%)(8%)(3%)
Net Profit($4M)($11M)($14M)($15M)
Net Margin(7%)(55%)(39%)(38%)
Net Debt$75M---

Financial data powered by Morningstar, Inc.

Atari Stock Performance

Atari has current market cap of $54M, and enterprise value of $129M.

Market Cap Evolution


Atari's stock price is $14.42.

Atari share price decreased by 31.1% in the last 30 days, and by 55.0% in the last year.

Atari has an EPS (earnings per share) of $-1.21.

See more trading valuation data for Atari
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$129M$54M-0.8%-31.1%-36.2%-55.0%$-1.21

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Atari Valuation Multiples

Atari trades at 2.1x EV/Revenue multiple, and 8.7x EV/EBITDA.

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Atari Financial Valuation Multiples

As of October 17, 2026, Atari has market cap of $54M and EV of $129M.

Atari has a P/E ratio of (12.0x).

Last FY202320242025202620272028
EV/Revenue2.1x6.2x3.7x3.3x
EV/EBITDA8.7x22.5x10.9x10.0x
EV/EBIT(17.2x)(16.5x)(45.9x)(123.6x)
EV/Gross Profit2.8x8.5x5.0x4.5x
P/E(12.0x)(4.7x)(3.9x)(3.7x)
EV/FCF(11.6x)(5.8x)(8.5x)(10.6x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Atari Margins & Growth Rates

In the most recent fiscal year, Atari reported gross margin of 75%, EBITDA margin of 24%, and net margin of (7%).

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Atari Margins

Last FY20242025202720282029
Gross Margin75%73%74%
EBITDA Margin24%34%33%
EBIT Margin(12%)(8%)(3%)
Net Margin(7%)(39%)(38%)
FCF Margin(18%)(43%)(31%)

Atari Growth Rates

23/2424/2526/2727/2828/29
Revenue Growth69%11%
Gross Profit Growth69%11%
EBITDA Growth107%9%
EBIT Growth(64%)(63%)
Net Profit Growth21%5%
FCF Growth(32%)(20%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Atari Operational KPIs

Atari's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.6M for the same period.

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Last FY202320242025202620272028
Revenue per Employee$0.7M---
Opex per Employee$0.6M---
S&M Expenses to Revenue11%6%5%5%
G&A Expenses to Revenue40%43%25%22%
R&D Expenses to Revenue35%60%51%48%
Opex to Revenue87%111%81%76%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Atari Competitors

Atari competitors include Mgame, Extreme Co, TinyBuild, JoyCity, Envar Holding, MacroWell OMG Digital Entertainment, Com2uS, G5 Entertainment, Trophy Games and Gamesparcs.

Most Atari public comparables operate across Gaming - Console & PC and Gaming - Mobile.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Mgame$68M$18M0.1x-0.3x-
Extreme Co$75M$11M0.4x0.4x3.0x-
TinyBuild$36M$8M1.3x1.1x6.1x9.0x
JoyCity$105M($624K)1.1x-(186.0x)-
Envar Holding$10M$2M5.3x3.3x32.6x-
MacroWell OMG Digital Entertainment$57M$23M----
Com2uS$74M$43M2.3x1.5x3.9x61.0x
G5 Entertainment$96M$12M0.2x0.3x1.9x1.8x

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Acquisitions by Atari

Atari has acquired 10 companies to date.

Last acquisition by Atari was on May 31st 2026. Atari acquired Hipser Whale for $29M (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Atari

Hipser Whale
Implicit Conversions
Thunderful Group
Transport Tycoon
Description
Hipser Whale is a mobile game developer and publisher.
Implicit Conversions ports 8/16/32-bit retro games to modern consoles including Nintendo Switch, PlayStation, Xbox, and PC using its Syrup Emulation Engine. The engine supports multiplayer, achievements, up-rendering, post-processing, and scripting without needing original source code.
-
Transport Tycoon is a simulation game developer offering enhanced versions of the classic business strategy title with new maps across North America and Europe, dynamic weather systems, updated vehicle models including electric buses and high-speed trains, and scenario-based challenges. The Montreal-based studio releases deluxe editions for PC and mobile platforms, incorporating multiplayer modes and mod support for custom routes. Transport Tycoon maintains a community of over 500,000 active players through Steam updates and annual expansions.
HQ Country-United States-Canada
HQ City
-
Dover, DE
-
Montreal
Deal Date31 May 202622 Apr 202630 Jul 20251 Nov 2024
Valuation$29Mundisclosed$6Mundisclosed
EV/Revenue
EV/EBITDA

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About Atari

When was Atari founded?Atari was founded in 1987.
Where is Atari headquartered?Atari is headquartered in France.
How many employees does Atari have?As of today, Atari has over 90 employees.
Who is the CEO of Atari?Atari's CEO is Wade Rosen.
Is Atari publicly listed?Yes, Atari is a public company listed on Euronext Paris.
What is the stock symbol of Atari?Atari trades under ALATA ticker.
When did Atari go public?Atari went public in 1993.
Who are competitors of Atari?Atari main competitors include Mgame, Extreme Co, TinyBuild, JoyCity, Envar Holding, MacroWell OMG Digital Entertainment, Com2uS, G5 Entertainment, Trophy Games, Gamesparcs.
What is the current market cap of Atari?Atari's current market cap is $54M.
What is the current revenue of Atari?Atari's last fiscal year revenue is $63M.
What is the current EV/Revenue multiple of Atari?Current revenue multiple of Atari is 2.1x.
Is Atari profitable?No, Atari is not profitable.
How many companies Atari has acquired to date?As of October 2026, Atari has acquired 10 companies.
What was the largest acquisition by Atari?$29M acquisition of Hipser Whale on 31st May 2026 was the largest M&A Atari has done to date.
What companies Atari acquired?Atari acquired Hipser Whale, Digital Eclipse, Nightdive Studios, Thunderful Group, MobyGames, AtariAge, Implicit Conversions, Transport Tycoon, Wonder, and Intellivision Entertainment.
In how many companies Atari has invested to date?Atari hasn't invested in any companies yet (or none have been disclosed publicly).

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