Thunderful Group

Goteborg, Sweden Founded: 2019 • Age: 7 yrs Listed Acquired By Atari
Developer and publisher of video games for PC and mobile

About Thunderful Group

Thunderful Group is a publicly listed company based in Goteborg (Sweden) founded in 2019 by Brjann Sigurgeirsson, and was acquired by Atari in July 2025. Thunderful Group has completed 5 acquisitions, including Headup, Robot Teddy and Stage Clear Studios. Its chief executive is Brjann Sigurgeirsson. Thunderful Group offers products and services including Digital Games Publishing and Co-Development Services. Its focus areas include Mobile, Mobile Gaming, Game Developers and Casual. Its legal entity is Thunderful Group AB. Its competitors include Zynga, Scopely, Tripledot, Jam City and Nexon and 4 more; 6 of its 9 listed competitors have raised funding.

Company details

Developer and publisher of video games for PC and mobile. The company is focusing on the development and publishing of games as well as the distribution of Nintendo products, games, game accessories, toys, and other products.

  • Headquarters Goteborg, Sweden
  • Founders Brjann Sigurgeirsson
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website thunderfulgroup.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Atari (Jul 2025)
  • Legal Name Thunderful Group Ab
Key Metrics
  • Annual Revenue
    $26.55 M (USD)
    -23.83
    as on Dec 31, 2024
  • Net Profit
    -$80.46 M (USD)
    -40.92
    as on Dec 31, 2024
  • EBITDA
    -$6.18 M (USD)
    -171.12
    as on Dec 31, 2024
  • Investors
  • Investments & Acquisitions
    Headup

    & 4 more

  • Acquired by
    Atari

    (Jul 2025)

Products & Services of Thunderful Group

Thunderful Group offers a comprehensive portfolio of products and services, including Digital Games Publishing and Co-Development Services.

Digital Games Publishing
Publishing

Publishes high-quality digital games for PC and consoles

Co-Development Services
Development

Provides co-development and services in the game industry

Apps and channels of Thunderful Group

its YouTube channel Thunderful Games has 4.34K subscribers and 30 videos.

Thunderful Games
YouTube 4.34K subscribers 30 videos Gaming
Open channel

Videos from Thunderful Group

The most watched videos on Thunderful Group's YouTube channel, Thunderful Games (4.34K subscribers). Click a video to play it here.

Planet of Lana II - Announcement Trailer
100.9K views
GODBREAKERS | OFFICIAL REVEAL TRAILER | STEAM DEMO OUT NOW!
72.7K views
Lost in Random: The Eternal Die | Official Release Date Trailer
38.7K views
Lost in Random: The Eternal Die | Official Launch Trailer | OUT NOW!
6.5K views

More on Thunderful Games.

Investors in Thunderful Group

Thunderful Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Atari.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Developer and publisher of casual casino PC games
1972atari.comNew York, United States
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Investor details for Thunderful Group

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People of Thunderful Group

7 people are tracked at Thunderful Group (5 in leadership, 2 in team).

NameRoleGroup
Brjann Sigurgeirsson
Founder & CEOLeadership
Seb Canniff
Vice President of Production and Business DevelopmentLeadership
Martin Walfisz
Group CEOLeadership
Henrik Lundkvist
CFOLeadership
Hans van Brakel
Director Of Marketing Sales And MonetizationLeadership
Clarie Boissiere
EVP Of Studios & DevelopmentTeam
Josefine Franken
Group Finance ManagerTeam
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IPO & Listings of Thunderful Group

Thunderful Group is a publicly listed company on the OMXSTO with ticker symbol THUNDR in Sweden, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onOMXSTO: THUNDR
  • Listed entityThunderful Group AB
  • Exchange sectorConsumer durables
  • ISINSE0015195888
  • Share price0.29 SEK (-1.01% on the day) · 2026-02-24
  • Market capitalisation225,844,155.00 SEK
  • EPS (diluted, trailing year)-3.15 SEK
  • Volume (last session)215,979
  • Analyst consensusNo rating

Financials of Thunderful Group

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2024292.8M SEK-887.5M SEK-68.2M SEK
2023384.4M SEK-629.8M SEK95.9M SEK
20222.95B SEK121.1M SEK261.1M SEK
20213.14B SEK132.2M SEK326.6M SEK
20203.05B SEK137.4M SEK289.4M SEK
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Detailed financial statements for Thunderful Group

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Thunderful Group

Thunderful Group has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Headup, Robot Teddy and Stage Clear Studios.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Developer of PC and mobile-based casual games
studio-fizbin.comLudwigsburg, Germany2011Feb 2023••••
Video games consulting services are provided to clients.
robotteddy.orgBroadstairs, United Kingdom2019Oct 2021••••
Self-published video games are developed by the studio in Spain.
stageclearstudios.comMadrid, Spain2012Sep 2021$2.96M
Video game developer and publisher
headupgames.comDuren, Germany2009Feb 2021$6.08M
Gaming services are provided by The Station.
station-interactive.comKarlshamn, Sweden2006Nov 2020••••
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Timeline of Thunderful Group

7 dated milestones of Thunderful Group across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Thunderful Group is founded.
  2. Acquisition Acquires Station Interactive.
  3. Acquisition Acquires Headup.
  4. Acquisition Acquires Stage Clear Studios.
  5. Acquisition Acquires Robot Teddy.
  6. Acquisition Acquires Studio Fizbin.
  7. Exit Acquired by Atari.

Competitors of Thunderful Group

Thunderful Group has 9 listed competitors in our database, 6 of them funded. They include Zynga, Scopely, Tripledot, Jam City and Nexon, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zynga.com2007San Francisco, United States$525.6M1,084
Casual games developer and publisher for mobile and web platforms
scopely.com2011Culver, United States$1.02B746
Casual mobile games are developed, published, and operated across platforms.
tripledotstudios.com2017London, United Kingdom$202M135
Developer of mobile-based casual video games
jamcity.com2007Culver, United States$499.49M551
Mobile games are developed and published by Jam City.
nexon.com1994El Segundo, United States––
Nexon is recognized as a leading developer of online games.
take2games.com1993New York, United States–11,580
Video games for PC and console platforms are developed.
rovio.com2003Espoo, Finland$42M–
Mobile game developer specializing in casual games
king.com2003London, United Kingdom–130
King is recognized as a leading interactive entertainment company focused on mobile gaming.
voodoo.io2013Paris, France$200M–
Arcade and simulation mobile games are developed by Voodoo.
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Detailed competitors of Thunderful Group

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Web traffic of Thunderful Group

The website of Thunderful Group (thunderfulgroup.com) receives about 7.7K visits a month.

  • Monthly visits
    7.7K

    ▲ 34.9% vs previous month

Similar websites

Websites whose visitors overlap most with Thunderful Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
borsvarlden.com
borsvarlden.com
100%
–#1,142,947–
affarsvarlden.se
60%
637.8K#93,694View details
thunderfulgames.com
33%
67.2K#543,191View details

Top companies in MMORPG & Online Gaming

10 companies that operate in the same segment as Thunderful Group (MMORPG & Online Gaming), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Casual games developer and publisher for mobile and web platforms
2007San Francisco, California, United StatesUSD 525.6 MUSD 49.68 M2,916
Developer of mobile-based casual video games
2017London, England, United KingdomUSD 202 MUSD 364.91 M609
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Provider of cross-platform game engine technology
1991Cary, North Carolina, United StatesUSD 8.13 B–11,961
Mobile games are developed and published by Jam City.
2007Culver City, California, United StatesUSD 499.49 M––
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 942.17 MUSD 509.95 K1,310
Mobile social games and services are developed and operated globally.
1999Shibuya, Tokyo, Japan–USD 926.03 M2,570
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 98.07 MUSD 264.51 M777
Diversified gaming and sports media platforms are operated and developed.
1999Mumbai, Maharashtra, IndiaUSD 127.93 MUSD 194.94 M63
Casino games are developed for mobile and web platforms.
2011Burlingame, California, United StatesUSD 36.17 MUSD 235.1 M568
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Related news about Thunderful Group

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Frequently Asked Questions about Thunderful Group

Thunderful Group was founded in 2019.

Thunderful Group is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

Brjann Sigurgeirsson is the current CEO of Thunderful Group. They have also founded this company.

Annual revenue of Thunderful Group is $26.55M as on Dec 31, 2024.

Developer and publisher of video games for PC and mobile. The company is focusing on the development and publishing of games as well as the distribution of Nintendo products, games, game accessories, toys, and other products.

Thunderful Group's top competitors include Zynga, Tripledot and Jam City.

Thunderful Group offers Digital Games Publishing and Co-Development Services.

Yes, Thunderful Group is publicly traded on OMXSTO under the ticker symbol THUNDR.

Thunderful Group has made 5 acquisitions, including Headup, Robot Teddy, and Stage Clear Studios.

Thunderful Group has 1 investor. Key investors include Atari.

Thunderful Group operates through Thunderful Group Ab.

Yes. Thunderful Group was acquired by Atari in July 2025.

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