Comparable (***) gross bookings declined by 2.8%, while the global mobile gaming market, excluding China, declined by 10% (**). Games’ gross bookings increased by 9.8% to EUR 298.0 million (271.5).Group adjusted operating profit decreased to EUR 39.2 million (43.7), while the adjusted operating profit margin declined to 12.3% (15.3).Group adjusted EBITDA decreased to EUR 53.9 million (54.8), while the adjusted EBITDA margin declined to 17.0% (19.1).On a comparable (***) basis, revenue declined by 1.2%. Rovio’s group revenue increased by 11.0% to EUR 317.7 million (286.2).Adjusted earnings per share decreased to EUR 0.04 (0.14). Earnings per share decreased to EUR 0.00 (0.08).Operating cash flow decreased to EUR 12.0 million (17.1).User acquisition investments increased to EUR 23.3 million (20.6), representing 31.3% of games’ revenue (26.9).The gross bookings of Angry Birds Dream Blast, Rovio’s second largest game, increased by 33.4% to a new record of EUR 21.6 million. Comparable (*) gross bookings declined by 7.9%, while the global mobile gaming market, excluding China, declined by 7% (**). Games’ gross bookings were stable at EUR 74.0 million (74.0).Group adjusted operating profit declined to EUR 5.9 million (13.1), while the adjusted operating profit margin declined to 7.7% (16.6).The main adjustment was EUR 4.6 million related to the New Mexico lawsuit settlement, including legal fees. Group adjusted EBITDA declined to EUR 9.6 million (16.5), while the adjusted EBITDA margin declined to 12.4% (21.0).On a comparable (*) basis, revenue declined by 10.0%. Rovio’s group revenue declined by 2.5% to EUR 76.9 million (78.9).EETįinancial Statement Bulletin 2022 : Games’ overall performance in line with a soft market in Q4 – Angry Birds Dream Blast took off Rovio Entertainment Corporation Stock Exchange Release Februat 9.00 a.m.
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