Rovio Hit Nearly $200 Million In 2012 Revenues, Launching Mobile Apps For Angry Birds Friends
Rovio, the Espoo-based company that is behind the Angry Birds franchise, has reported slightly under $200 million in 2012 revenues. The company also reported $71 million in 2012 profits. This is full year revenue growth of 101%. The company’s 2011 revenues were $96 million. Not bad considering that the company turned down a $2 billion acquisition offer from Zynga.
Rovio partnered with NASA, Wal-Mart, and National Geographic to expand their reach in 2012. The company also released four new games in 2012 including Angry Birds Space, Bad Piggies, Angry Birds Star Wars, and Amazing Alex. Rovio also generated revenue from Angry Birds merchandise including stuffed animals, t-shirts, and other swag.
Rovio also announced today that they are launching mobile apps for Angry Birds Friends, one of the games that they developed for Facebook. Angry Birds Friends hit around 60 million installs and 15 million monthly active users since launching. Rovio made the announcement at a Facebook mobile event in Helsinki.