SKMBlake said:
Zkuq said:
I don't know about the popularity of Angry Birds at this point, but the revenue chart @the-pi-guy posted seems to indicate that Rovio is definitely not comparable to MySpace. If anything, it seems they're at their prime, despite the perceived lack of visibility. |
Well their net income (which is the most important aspect) aren't that faboulous https://www.statista.com/statistics/1249218/rovio-annual-net-income/ and def not worth 1 billion from my perspective, but I don't work for Sega |
It might be a little high, but:
Taking the last year 23,000,000 Euro equals 25,535,750.00. So say 39 years, before breaking even.
Compare that to Activision. $69 billion, at say 2.3 billion net income. So say 30 years before breaking even. If you just took Activision's last year at 1.5 billion, that would around 46 years before breaking even.
I would say a billion for Rovio Entertainment is on the same scale of being a good deal as Activision being worth $69 billion.