Impressive revenue and great profit margin! Hopefully they will be able to keep this up for 2012. It is worth noting the jump in employees (28 to 224) - I kinda wonder if they will be able to manage them all, with such a sharp increase.
Comparing to Mojang (Minecraft) Rivio have done very well, both having a huge jump in revenue from one year to the next:
$78.8m in Revenue for Mojang and $9.5m in profit before taxes. Quite the magnitude of difference in terms of profit rate, 12.07% for Mojang vs 64% Rovio.
Comparing to Mojang (Minecraft) Rivio have done very well, both having a huge jump in revenue from one year to the next:
$78.8m in Revenue for Mojang and $9.5m in profit before taxes. Quite the magnitude of difference in terms of profit rate, 12.07% for Mojang vs 64% Rovio.
Licensing seems to be profitable?
Source for Mojang financials: http://www.allabolag.se/5568192388/Mojang_AB
(Don't you just love that annual reports for all companies are public information in Sweden?)