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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.

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.