Brief: Rovio Q2 Adjusted Operating Profit Up At EUR 11.3 Mln

Rovio Entertainment Oyj

11/08/2022 07:14

Aug 11 (Reuters) - Rovio Entertainment Oyj  ROVIO.HE :
    * H1 EARNINGS PER SHARE 0.13 EUR
    * ROVIO ENTERTAINMENT CORP.: HALF-YEAR 2022 FINANCIAL
REPORT: GOOD
RESULTS IN A MARKET FACING HEADWINDS IN Q2
    * Q2 REVENUE EUR 78.4 MILLION VERSUS EUR 68.8 MILLION YEAR
AGO
    * Q2 ADJUSTED OPERATING PROFIT EUR 11.3 MILLION VERSUS EUR
6.2
MILLION YEAR AGO
    * Q2 USER ACQUISITION INVESTMENTS EUR 20.9 MILLION VERSUS
EUR 21.3
MILLION YEAR AGO
    * IN OUR NEW GAMES PIPELINE, MOOMIN: PUZZLE & DESIGN
CONCLUDED A
SUCCESSFUL MARKET TEST IN JAPAN AND TEAM NOW CONTINUES TO ADD
CONTENT IN PREPARATION FOR NEXT PHASE OF SOFT LAUNCH. RUBY
GAMES' HUNTER ASSASSIN 2 CONTINUES TO PROGRESS IN SOFT LAUNCH
WITH ADDITION OF A REAL-TIME MULTIPLAYER MODE AND A DEEPER META
SYSTEM.
    * WE ARE PLANNING ON INCREASING INVESTMENTS IN OUR TOP
PERFORMING
LIVE GAMES IN ORDER TO ENABLE THEM TO REACH THEIR FULL
POTENTIAL.
    * MAINTAINS 2022 OUTLOOK
    * Q2 GAMES GROSS BOOKINGS INCREASED BY 8.8% TO EUR 72.4
MILLION
(66.6)
    * Q2 AMOUNT OF MONTHLY UNIQUE PAYERS (MUP) DECREASED TO 390
THOUSAND (464 THOUSAND IN Q1’ 22) FOR  THE TOP 5 GAMES AND TO
444 THOUSAND (522 THOUSAND IN Q1’22) FOR THE WHOLE PORTFOLIO.

Source text for Eikon:  ID:nGNE15LbH1 
Further company coverage:  ROVIO.HE 

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