Rovio on Monday announced the
company’s financial results for 2011. The mobile game developer
generated $106.3 million in sales based on the success of its Angry
Birds games and strong merchandising business.
“The strong growth in
revenue clearly demonstrates the popularity of the Angry Birds brand.”
Mikael Hed, Rovio CEO said. “The heavy investments made in 2011 to all
business areas will be seen in future products. To ensure continuous
success we need to be creative and stay focused on entertaining our
millions of fans by continuously developing new and innovative products
and services.”
Rovio’s three Angry Birds
offerings in 2011 — Angry Birds, Angry Birds Seasons and Angry Birds
Rio — were downloaded 648 million times and featured 200 million active
monthly users. The company expects business to continue to grow well
into 2012. “We are very optimistic about 2012 due to significant
investments in product development, cutting-edge branding, brand
protection and corporate infrastructure,“ the CEO said. Rovio’s press
release follows below.
