Supercell's Q1 profits hit $104m as IPO mooted

Clash of Clans and Hay Day have over 8.5m daily players

Clash of Clans developer Supercell grossed $179 million in the first quarter of 2013, leaving it with profits of $104 million after expenses and payments to Apple.

That's according to an interview with CEO Ilkka Paananen in Forbes, in which he suggests an IPO could be on the cards in the mid-term.

Daily revenues for the company's two games - Hay Day and Clash of Clans - are at $2.4 million from 8.5 million daily players, who average ten play sessions a day. The company raised $130 million in February.

According to the report, Supercell's plans over the next three years include an expansion to Android formats and into Asian markets, and "probably" an IPO.

Related stories

Supercell sales, earnings down in 2017

Clash Royale studio posts lowest numbers in three years, still brings in $810 million profit on more than $2 billion in revenue

By Brendan Sinclair

Supercell CEO hands over control to 15-year-old girl for the day

Clash of Clans developer takes part in International Day of the Girl campaign

By Haydn Taylor

Latest comments

Sign in to contribute

Need an account? Register now.