Supercell Revenue up to $2.4 Million a Day
Jesus. That’s the first thing that comes to mind when I hear about this news. $2.4 Million a day. Really? Not bad. Actually, that’s awesome. Supercell (the creators of Clash of Clans) is said to be the fastest growing game company ever. This figure comes from an interview Supercell CEO Ikka Paananen had with Forbes where the company was valued at $800 million. Seeing as they just raised an additional $130 Million, grossed $100 million in revenue last year in Q4, and already made $179 million in Q1 of 2013 – it goes without saying, they’re doing something right.
At this rate by the end of 2013, some predict the valuation could reach $1 billion or more, making the company worth 2x the amount of EA’s mobile games division, itself built on over 900 previous releases.
In the interview Paanenen told Forbes,
“It really is that simple – just design something great, something that users love,”
And in a separate one with PocketGamer.biz,
“After working for big companies and shipping over 165 games across 12 platforms, we all wanted to build a different kind of game company, the one we’d always dreamed of,”
“Quite simply, we thought that the best people make the best games and our main goal should be to get those people and create create a zero-bureaucracy type of environment for them. That was our inspiration.”
Supercell claims to have more than 8.5 million DAU’s across both titles (Clash of Clans and HayDay).
This news comes only 6 months after Supercell disclosed their daily revenues of $500,000 which equates to a growth of near 400%.