Gaming giant Rovio's total sales fell 9% last year to 158.3 million euros. Revenue from mobile games, however, increased 16% to 110.7 million euros as new games such as Jolly Jam and Angry Birds Stella Pop! helped its total annual downloads to reach 600 million.
Reuters quoted a statement by Rovio CEO Pekka Rantala saying that sales of consumer by-products did not move according to expectations, and that the company is unsatisfied over the result of its licensing business.
Rovio has also expanded the Angry Birds brand into a spin-off TV series as well as educational playground concept, and is working on an animated movie, expected to premiere in 2016.
Rantala said he was confident about the future and promised to come out in the coming months with major partnership deals related to the movie.
Last year, Rovio cut about 110 jobs, representing 14% of its workforce.
