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April 3, 2013 03:42 pm GMT
Rovio, creator of the blockbuster Angry Birds series of mobile games, today reported its full-year results for 2012. While the company continues its rapid growth -- now at 1.7 billion game downloads, and 263 million active users as of December 2012 -- increasingly that scale is being leveraged to drive non-gaming revenues in areas like IP licensing and merchandising. Rovio today reported that sales are up 101% over 2011 to 152.2 million euros ($195 million), with net profit also rising nicely to 55.5 million euros ($71 million). Some 45% of that revenue is coming from "consumer products", the company noted.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vJtgkaEJyas/
Angry Birds Maker Rovio Says 2012 Sales Up 101% To $195M, Non-Games 45% Of That; Net Profit $71M
Rovio, creator of the blockbuster Angry Birds series of mobile games, today reported its full-year results for 2012. While the company continues its rapid growth -- now at 1.7 billion game downloads, and 263 million active users as of December 2012 -- increasingly that scale is being leveraged to drive non-gaming revenues in areas like IP licensing and merchandising. Rovio today reported that sales are up 101% over 2011 to 152.2 million euros ($195 million), with net profit also rising nicely to 55.5 million euros ($71 million). Some 45% of that revenue is coming from "consumer products", the company noted.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vJtgkaEJyas/
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