{"id":23180,"date":"2012-08-03T15:53:47","date_gmt":"2012-08-03T12:53:47","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=23180"},"modified":"2012-08-03T15:53:47","modified_gmt":"2012-08-03T12:53:47","slug":"angry-birds-app-maker-seeks-market-listing","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/angry-birds-app-maker-seeks-market-listing\/","title":{"rendered":"Angry Birds app maker seeks market listing"},"content":{"rendered":"<div>\n<h1><\/h1>\n<h1><strong><a href=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2012\/08\/angry-birds-1-e1343998320264.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-23187\" title=\"angry birds \" src=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2012\/08\/angry-birds-1-e1343998320264.jpg\" alt=\"\" width=\"610\" height=\"343\" \/><\/a><\/strong><\/h1>\n<h1><strong>Rovio, the Finnish makers of the world&#8217;s most-downloaded mobile app &#8220;Angry Birds&#8221;, will seek a stock market listing by the end of 2013, chief financial officer Mikko Setala said in an interview published Thursday. <\/strong><\/h1>\n<\/div>\n<p>&#8220;We have prepared a stock market entry for 2013. But the shareholders have not decided when or whether it would even happen,&#8221; Setala told Swedish economic newspaper Dagens Industrii.<\/p>\n<p>&#8220;If we go to the stock market, it would most likely be in the second half of next year. We do not need to raise any more funds at the moment,&#8221; he said.<\/p>\n<p>Founded in 2003, Rovio had first mentioned its public listing plans in 2011, citing New York and Hong Kong as possible exchanges for the IPO.<\/p>\n<p>Expectations for a listing grew after the company published net profits of 48 million euros ($A56.45 million) on sales of 75.4 million euros for 2011, prompting financial analysts to forecast astronomical valuations for the firm.<\/p>\n<p>When asked to comment on a valuation of 7 billion euros put forward by some, Setala told the newspaper that the figure was pure &#8220;speculation&#8221;.<\/p>\n<p>&#8220;We have not come up with any figures. It would a mistake to do so,&#8221; he said.<\/p>\n<p>Rovio is mainly owned by the three founders of the company &#8212; including one of the shareholders&#8217; father who had remortgaged his house to keep the company alive. Other stakes are held by various venture capitalists such as the founder of internet telephone giant Skype, Niklas Zennstroem.<\/p>\n<p>&#8220;Angry Birds&#8221; reached more than one billion downloads in May, according to Rovio.<\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rovio, the Finnish makers of the world&#8217;s most-downloaded mobile app &#8220;Angry Birds&#8221;, will seek a stock market listing by the end of 2013, chief financial officer Mikko Setala said in an interview published Thursday.<\/p>\n","protected":false},"author":702,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,63,17,1,118,14],"tags":[30261,30264,30263,30268,30267,30270,30266,30269,30271,30258,30265,30259],"class_list":["post-23180","post","type-post","status-publish","format-standard","hentry","category-breaking-news","category-daily","category-europe","category-general","category-hot","category-world","tag-angry-birds","tag-angry-birds-app","tag-angry-birds-most-downloaded","tag-dagens-industrii-angry-birds","tag-dagens-industrii-sweden","tag-downloaded-angry-birds","tag-mikko-setala-angry-birds","tag-most-downloaded-app-angry-birds","tag-one-billion-downloads-angry-birds","tag-rovio","tag-rovio-chief-financial-officer-mikko-setala","tag-rovio-finland"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/23180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/702"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=23180"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/23180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=23180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=23180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=23180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}