Angry Birds Maker Rovio Says 2012 Sales Up 101% To $195M With Merchandising, IP 45% Of That; Net Profit $71M

Rovio, creator of the blockbuster Angry Birds series of mobile games, today reported its full-year results for 2012. While the company continues its rapid growth -- now at 1.7 billion game downloads, and 263 million active users as of December 2012 -- increasingly that scale is being leveraged to drive non-gaming revenues in areas like IP licensing and merchandising. Rovio today reported that sales are up 101% over 2011 to 152.2 million euros ($195 million), with net profit also rising to 55.5 million euros ($71 million), with some 45% of Rovio's revenue now coming from "consumer products".

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