The developer of Angry Birds has officially announced plans to enter the stock market. Rovio has big plans in connection with the initial placement.
It is assumed that during the IPO, the developer will issue shares in the amount of € 30 million. The developer’s investors will also place Rovio shares on the market. Among them are Trema International Holdings B.V., which owns 70% of Rovio.
The company does not say when exactly the placement will take place.
As part of the announcement, Rovio published a number of its own indicators:
- MAU of the company’s games – 80 million;
- DAU of the company’s games – 11 million;
- total downloads of the company’s games – 3.7 billion;
- the gaming division accounts for 79% of the company’s earnings.
Also on the topic:
- Rovio: “85% of revenue is IAP”
- Rovio doubled quarterly revenue thanks to games and the movie Angry Birds
Source: Rovio