Supercell reports GAAP revenues of $689m
"It's no secret that some players spend substantial amounts of money on these games"
Clash Of Clans studio Supercell has revealed GAAP revenues of $689 million, EBITDA of $322 million for 2013 and defended its business model in a call this morning.
Gamasutra reported the figures which also included Supercell's tax bill for the year, which was $345 million.
"It's no secret that some players spend substantial amounts of money on these games," said CEO Ilkka Paananen this morning.
"But I wouldn't say the vast majority of revenue comes from them. These people usually come from an investment banker or lawyer background, and they spend a lot of money on golf courses and so on. I've asked them 'Why do you spend so much money on these games?' and they say 'People spend money on golf, I spend money on Clash of Clans.'"
Yesterday reports from a hacker called Ethical Spectrum suggested Supercell can make $5.15 million in a single a day. Supercell did not respond to the figures.