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Angry Birds Studio’s Profits Dropped by Half in 2013

by Eric Frederiksen | April 28, 2014April 28, 2014 9:30 pm PST


The Angry Birds are probably twice as angry than they were last year. Angry Birds developer Rovio released its yearly fiscal results this week, which reveals that the developer’s profits fell by close to half during 2013.

In 2013, the company nearly doubled in size and saw its revenue grow slightly, but saw profits drop from $76.8 million to $37.3 million.

According to Polygon, less than half of the company’s 800 employees are actively working on games. The company is working on an animated series right now, and many of the employees are focused on building the massive Angry Birds brand. The company also has an animated film on the way, international theme park deals, and books sucking up its cash right now.

While the company has branched out into other games with its Rovio Stars line, Rovio is still primarily propped up by Angry Birds. If the property ever sours, the company doesn’t have any other properties to fall back on right now. Maybe the change in profits from last year will get the company looking to diversify beyond irritable birds and piggies. Maybe into badgers and chickens, or something.

Rovio Polygon

Eric Frederiksen

Eric Frederiksen has been a gamer since someone made the mistake of letting him play their Nintendo many years ago, pushing him to beg for his own,...