The Angry Birds sensation is not fading away.
Developer Rovio Entertainment today announced financial results for 2012, revealing revenue grew 101 percent to €152.2 million ($195.1 million) up from €75.6 million ($96.8 million) last year.
Earnings before interest and taxes hit €76.8 million ($98.4 million), up 64 percent year-over-year, while net profit was €55.5 million ($71.1 million) compared to €35.4 million ($45.4 million) last year.
"Rovio has grown from a phenomenon to a very successful global business," Rovio CEO Mikael Hed said in a statement. "In 2010 we set out to build an entertainment company and after last year's performance we are on a strong path to achieve our goal."
Developer Rovio Entertainment today announced financial results for 2012, revealing revenue grew 101 percent to €152.2 million ($195.1 million) up from €75.6 million ($96.8 million) last year.
Earnings before interest and taxes hit €76.8 million ($98.4 million), up 64 percent year-over-year, while net profit was €55.5 million ($71.1 million) compared to €35.4 million ($45.4 million) last year.
"Rovio has grown from a phenomenon to a very successful global business," Rovio CEO Mikael Hed said in a statement. "In 2010 we set out to build an entertainment company and after last year's performance we are on a strong path to achieve our goal."