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Rovio Entertainment Ltd.

Private Company Ticker Symbol™: (ROVIOP)

Business Summary

Rovio Ltd. is a privately-held, venture capital backed online and mobile games company.  Rovio's flagship characters are the Angry Birds.  Rovio revenue is derived from in-game purchases, in-game advertising, and consumer products licensing.  Rovio headquarters are located in Finland.

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Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2003
Formerly Named:Relude
Rovio Mobile
Fiscal Year End:06/30
1YR Revenue Growth Rate:View %
1YR Employee Growth Rate:View %
City:Espoo
Country:Finland
Phone:View
Fax:View
Website:www.rovio.com

Corporate Organization

Brands:
Amazing Alex
Angry Birds
Burger Rush
Totomi
War Diary
Angry Birds Seasons
Space Impact: Meteor Shield
Bounce Evolution
Founders:
Jarno Väkeväinen
Kim Dikert
Niklas Hed

Industry Information

Industry Codes

PICS™:402401™, 402499™, 900312™, 1200906™, 1500701™, 1500702
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Ownership

PrivCo's Ownership table displays who owns Rovio Entertainment Ltd., including owner name, each type of owner (whether family, individual, private equity firm, etc.)
Owner NameType of Owner% Ownership Stake
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Charts, Financials, and Statistics (Table Format)

Below are Rovio Entertainment Ltd. financials and other business metrics displayed in table format.
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Income Statement201220112010
RevenuesViewViewView
Cost of Goods Sold (Cost of Sales) ViewView
Selling, General & Administrative Expenses ViewView
Wages & Salaries ViewView
Other Operating Expenses ViewView
Operating Income (Loss)ViewViewView
EBITViewView 
Net Income (Loss)ViewViewView
Balance Sheet201220112010
Current Assets ViewView
Cash and Cash Equivalents ViewView
Accounts Receivable ViewView
Inventory ViewView
Other Current Assets ViewView
Non-Current Assets ViewView
Property, Plant and Equipment ViewView
Intangible Assets ViewView
Other Non-Current Assets ViewView
Total Assets ViewView
Current Liabilities ViewView
Accounts Payable ViewView
Short Term Debt ViewView
Other Current Liabilities ViewView
Non-Current Liabilities ViewView
Long Term Debt ViewView
Other Non-Current Liabilities ViewView
Stockholders Equity ViewView
Employee Figures201220112010
Total EmployeesViewViewView
Productivity (Revenue/Employee)ViewViewView
Revenues Breakdown201220112010
Consumer Products RevenueViewView 
Miscellaneous StatisticsMarch 2013May 2012
Angry Birds Total DownloadsViewView
Monthly Active UsersView 
Notes
Financial Notes:
*Rovio Entertainment Ltd. fiscal year end: 06/30
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Charts, Financials, and Statistics (Graphs)

Below are Rovio Entertainment Ltd. financials and other business metrics displayed in table format.
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Rovio Entertainment Ltd. Revenues (€ MM, EUR):
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Rovio Entertainment Ltd. Cost of Goods Sold (Cost of Sales) (€ MM, EUR):
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Rovio Entertainment Ltd. Selling, General & Administrative Expenses ($ MM):
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Rovio Entertainment Ltd. Wages & Salaries (€ MM, EUR):
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Rovio Entertainment Ltd. Other Operating Expenses ($ MM):
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Rovio Entertainment Ltd. Operating Income (Loss) (€ MM, EUR):
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Rovio Entertainment Ltd. EBIT (€ MM, EUR):
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Rovio Entertainment Ltd. Net Income (Loss) (€ MM, EUR):
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Rovio Entertainment Ltd. Current Assets (€ MM, EUR):
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Rovio Entertainment Ltd. Cash and Cash Equivalents (€ MM, EUR):
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Rovio Entertainment Ltd. Accounts Receivable (€ MM, EUR):
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Rovio Entertainment Ltd. Inventory (€ MM, EUR):
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Rovio Entertainment Ltd. Other Current Assets (€ MM, EUR):
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Rovio Entertainment Ltd. Non-Current Assets (€ MM, EUR):
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Rovio Entertainment Ltd. Property, Plant and Equipment (€ MM, EUR):
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Rovio Entertainment Ltd. Intangible Assets (€, EUR):
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Rovio Entertainment Ltd. Other Non-Current Assets (€ MM, EUR):
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Rovio Entertainment Ltd. Total Assets (€ MM, EUR):
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Rovio Entertainment Ltd. Current Liabilities (€ MM, EUR):
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Rovio Entertainment Ltd. Accounts Payable (€ MM, EUR):
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Rovio Entertainment Ltd. Short Term Debt (€, EUR):
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Rovio Entertainment Ltd. Other Current Liabilities (€ MM, EUR):
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Rovio Entertainment Ltd. Non-Current Liabilities (€, EUR):
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Rovio Entertainment Ltd. Long Term Debt (€, EUR):
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Rovio Entertainment Ltd. Other Non-Current Liabilities (€, EUR):
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Rovio Entertainment Ltd. Stockholders Equity (€ MM, EUR):
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Rovio Entertainment Ltd. Total Employees:
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Rovio Entertainment Ltd. Productivity (Revenue/Employee) (€, EUR):
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Rovio Entertainment Ltd. Consumer Products Revenue (€ MM, EUR):
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Rovio Entertainment Ltd. Angry Birds Total Downloads (Millions):
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Mergers & Acquisitions

PrivCo's M&A Activity table for Rovio Entertainment Ltd. displays the mergers and acquisitions involving Rovio Entertainment Ltd., for example if Rovio Entertainment Ltd. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
Details2003CompletedRovio Entertainment Ltd - King Of CabbageDigital ChocolateAcquisition
Asset Sale
Intellectual Property Sale (IP)
Unspecified
DetailsJun. 2011CompletedViewViewAcquisitionView
DetailsSep. 2011Bid SubmittedViewViewAcquisitionView
DetailsMar. 2012CompletedViewViewAcq-Hire
Acquisition
Asset Sale
View
DetailsMay. 2012CompletedViewViewAcquisition
Intellectual Property Sale (IP)
View

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VC/Funding Activity

PrivCo's VC/Funding Activity table for Rovio Entertainment Ltd. displays the venture capital rounds, angel investments, debt or other funding raised by Rovio Entertainment Ltd..
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DateInvestorRoundInvestor Type
2005Kaj Hed1SeedAngel / Individual
DetailsTotal Round Seed $1,000,000
Mar. 2011ViewAVenture Capital
Mar. 2011ViewAVenture Capital
Mar. 2011ViewAVenture Capital
DetailsTotal Round A View
Total of Funding Shown Above View
Notes
1Trema International Holdings BV is the largest shareholder in Rovio. - Details →

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Public / Private History (PPH™)

Many private companies were once public or have attempted to go public in the past. Since mapping a private company's Public/Private History (PPH)™ can often be complicated and take time, we've created PrivCo's Public/Private History (PPH)™ Table to assist.
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DateDeal TypeActionResulting StatusValuationAmount RaisedPublic Ticker
DetailsMar. 2011ViewViewViewViewViewView

Detailed Business Description: Rovio Entertainment Ltd.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Rovio Entertainment Ltd. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Pre-Angry Birds

Rovio, originally named Relude, was founded by three Finnish students following a technology competition sponsored by Nokia and Hewlett Packard. Following the competition and the success of the founders' creation King of the Cabbage World,, the team incorporated their company and focused on producing multiplayer, real-time games.

In 2005, Relude received $1 million in angel funding and rechristened itself as Rovio Mobile.

Angry Birds

Since its creation in December, 2009, Angry Birds has defined the Finnish app developer's success. Selling for $1 each, Angry Birds downloads topped 30 million on the Apple App Store in 2010. Rovio began to sell the game on other devices, including Android-based smartphones, computers, and video game consoles. Separate, themed versions of the game have also been released. In September 2011, total downloads of the game reached 350 million. Rovio regularly releases free updates and new levels for Angry Birds applications.

To supplement… Continue Reading →

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Supplemental Resources

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