Angry Birds maker Rovio grew its revenues 34 percent to €190 million ($203 million) in 2016, up 34 percent from $150 million a year earlier. You might have expected that, since the Finnish company’s The Angry Birds Movie generated nearly $350 million in revenue at the box office.
But Rovio actually hasn’t received that money yet. The Helsinki company generated a profit of €17.5 million ($18.5 million) in 2016 based on its comeback in games, said Kati Levoranta, CEO of Rovio, at a press event last week at the Game Developers Conference in San Francisco.
GamesBeat