Rovio has shared its financial report for 2021. The Finnish company has collected record gaming revenue, but its profit has fallen. However, she is not discouraged and makes a big bet on a fresh release — Angry Birds Journey.
The main figures for the whole year
- The company’s annual revenue amounted to €286.2 million — an increase of 5.1% compared to 2020.
- At the same time, operating profit decreased by 11.3% to €37.7 million. EBITDA also fell by 15.4% to €50.8 million.
- 96.5% of Rovio’s revenue came from games. They brought in a record €276.4 million, which is 7% more in annual terms.
- Angry Birds 2 is the most money game of 2021. Its receipts (bookings) for the year amounted to €107.9 million.
- Expenses for UA amounted to €77.2 million or 27.9% of the revenue of the gaming segment. This is 31.5% more than in 2020.
The main figures for the fourth quarter
- Rovio’s revenue for the fourth quarter amounted to €78.9 million, which is 15.2% more in annual terms.
- Operating profit jumped immediately by 174.1% compared to the fourth quarter of 2020. It reached the €8.1 million mark. EBITDA also increased by 9.7% to €13.4 million.
- Rovio earned €76.5 million at the games in the fourth quarter — 18.8% more than a year ago.
- The highest—grossing game and at the end of the quarter was Angry Birds 2. Its receipts for three months reached € 29.5 million – an increase of 12.5% year-on-year. It is followed by Angry Birds Dream Blast (€16.2 million) and Angry Birds Friends (€9.3 million).
- The revenue of Angry Birds Dream Blast today is €180 million. The game was released in 2019.
- Angry Birds Journey, which had a global release only on January 20, 2022, has already made good money in the fourth quarter of last year – € 3.1 million. This made the title the fourth in terms of revenue. Rovio expects that by the end of the year, the receipts of Angry Birds Journey will exceed € 40 million, and the DAU of the game will reach 500 thousand people.
- The number of daily active users in all Rovio games in the fourth quarter was 6.5 million people. If we talk about the DAU of the top five games of the company, then — 3.2 million people. For comparison, in the fourth quarter of 2020, these figures were 4.4 million and 3.2 million people, respectively.
- The number of unique players per month in all titles is 485 thousand people. There are 420 thousand people in the top five.
- Separately, Rovio indicated that the Turkish studio Ruby Games, bought in August, earned €4.2 million in the fourth quarter.
