Brief: Rovio Entertainment Q4 Adjusted Operating Profit Rises To EUR 13.1 Mln

Rovio Entertainment Oyj

11/02/2022 07:23

Feb 11 (Reuters) - Rovio Entertainment Oyj  ROVIO.HE :
    * Q4 (NOT Q3) GAMES REVENUE EUR 76.5 MILLION VERSUS EUR 64.4
MILLION YEAR AGO
    * Q4 (NOT Q3) GAMES SEGMENT GROSS BOOKINGS EUR 74.0 MILLION
VERSUS
EUR 64.9 MILLION YEAR AGO
    * REG-ROVIO ENTERTAINMENT CORP.: FINANCIAL STATEMENT
BULLETIN 2021
    * Q4 REVENUE EUR 78.9 MILLION VERSUS EUR 68.5 MILLION YEAR
AGO
    * Q4 ADJUSTED OPERATING PROFIT EUR 13.1 MILLION VERSUS EUR
7.5 
MILLION YEAR AGO
    * OUTLOOK 2022: BUILDING ON POSITIVE MOMENTUM IN OUR TOP
LIVE
GAMES, LAUNCH OF ANGRY BIRDS JOURNEY IN JANUARY AND HAVING FULL
BENEFIT OF RUBY GAMES ACQUISITION FROM START OF YEAR, WE ARE
EXPECTING STRONG TOPLINE GROWTH FOR YEAR
    * OUTLOOK 2022: DEPENDING ON SPEED OF GROWTH AND INVESTMENTS
IN
USER ACQUISITION TO FUEL THAT GROWTH, ESPECIALLY IN CASE OF NEW
GAMES, AND OUR LARGER INVESTMENTS IN NEW GAMES DEVELOPMENT,
ADJUSTED OPERATING PROFIT IS EXPECTED TO BE LOWER YEAR-ON-YEAR
    * OUTLOOK 2022: USER ACQUISITION INVESTMENTS FOR Q1-2022 IS
EXPECTED TO BE AROUND 40% OF GAMES REVENUES
    * Q4 USER ACQUISITION INVESTMENTS EUR 20.6 MILLION VERSUS
EUR 16.0
MILLION YEAR AGO
    * ALL OUR TOP THREE GAMES ANGRY BIRDS 2, ANGRY BIRDS DREAM
BLAST
AND ANGRY BIRDS FRIENDS GREW YEAR-ON-YEAR
    * TO RESOLVE ON A DIVIDEND OF EUR 0.12 PER SHARE
    * Q4 WAS ALSO A QUARTER OF FINALIZATION FOR LAUNCH OF ANGRY
BIRDS
JOURNEY, WHICH WAS RELEASED GLOBALLY IN JANUARY 2022
    * GAME'S KPIS ARE PROMISING - ANNUAL REVENUE RUN-RATE IS
OVER EUR
40 MILLION, WHICH MAKES IT ROVIO'S THIRD LARGEST GAME
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF EUR 0.12 PER
SHARE BE
PAID TO SHAREHOLDERS IN RESPECT OF FINANCIAL YEAR 2021

Further company coverage:  ROVIO.HE 

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