Atari, Once Insolvent, is Now Profitable with Ten-Year-High Sales

Opening a new tab, video game producer Atari (ALATA.PA) reported yearly revenue of €56 million ($65 million) on Monday, its biggest in over ten years, as the Paris-based business turned a profit thanks to a strategy based on resurrecting old properties and acquiring studios.

Through a wave of studio and intellectual property acquisitions over the past year, Atari, the arcade and console pioneer that filed for bankruptcy protection just over ten years ago, is riding a broader industry shift toward mining back catalogues and nostalgia-driven franchises rather than expensive new blockbusters.

In the last year, Atari increased its ownership of Swedish video game publisher Thunderful to 97%, paid $29.3 million for the IP rights to five Ubisoft titles (UBIP.PA), and launched new tab games like Child of Eden and Grow Home.

Atari’s games revenue increased 67.7% to €46.1 million, while hardware revenue increased 83% to €7.3 million.

CEO Wade Rosen stated that Atari was “reaching operational profitability for the first time in several years” and expressed confidence that the company would continue to create sustainable growth.

Excluding Thunderful, net income was €0.1 million as opposed to a €12.6 million loss the previous year; cash flow from operations was €11.0 million; current operational income became positive at €0.9 million as opposed to a €0.8 million loss.

Read Also: Young Women Entrepreneurs Capture Global Markets in 2026