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Rovio FY21 revenues enhance 5.1% to $326.6 million, boosted by prime performing A | Pocket Gamer.biz


Rovio has reported its This autumn and finish of 12 months financials for 2021, with revenues for the 12 months totalling €286.2 million ($326.6 million).

The vast majority of the agency’s income is from its video games operations, which generated €276.4 million ($315.5 million), representing a rise of seven per cent year-over-year.

Moreover, gross bookings for the 12 months rose 4.7 per cent year-over-year to €271.4 million ($310 million).

For the three months operating as much as December 31 2021, the agency reported revenues of €78.9 million ($90 million), a rise of 15.2 per cent. Rovio has acknowledged that it is a record-high for the agency.

The agency acknowledged that its prime three video games, Indignant Birds 2, Indignant Birds Pals, and Indignant Birds Dream Blast every grew year-over-year. Since its launch in 2019, Dream Blast has surpassed $200 million in participant spending and can present a “steady pillar” for the agency going ahead.

Document fourth quarter

Throughout the fiscal 12 months, Rovio acquired Turkish hypercasual developer Ruby Video games which the agency acknowledged was partly answerable for the robust progress.

“I’m delighted to see that Rovio continued good progress in technique execution all year long with a powerful end,” mentioned Rovio CEO Alex Pelletier-Normand.

“Within the fourth quarter, we noticed robust progress and report excessive income in Video games. This achievement was pushed by the nice efficiency of our key stay video games, particularly Indignant Birds 2 and Indignant Birds Pals, and the acquisition of Ruby Video games.

“Our full 12 months and This autumn profitability and money movement remained at an excellent stage. Regardless of a second 12 months of pandemic and adjustments within the advertising panorama pushed by Apple’s new privateness framework, we carried out effectively.”

This 12 months, Rovio launched its first slingshot-style Indignant Birds recreation in seven years, Indignant Birds Journey. The corporate acknowledged that the KPIs for the sport are promising, and that it’s on monitor to be Rovio’s third largest recreation with a income run fee of €40 million ($45.6 million).

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