Clash of Clans maker Supercell turned out an extremely impressive financial performance in 2013, with $464 million in pretax profits on revenue of $892 million. That is four times the profit and eight times the revenues of 2012 figures.
The Helsinki, Finland-based mobile game company reported the figures on an annual basis, as required by Finnish law. (Supercell received a government loan when it formed in 2010). The $464 million in earnings before income tax, depreciation, and amortization showed that the company has its costs well under control and that it’s still going strong with just two games: Clash of Clans and Hay Day. Supercell paid $345 million in taxes to Finland in 2013, largely because it received an investment from Japan’s SoftBank, a telecommunications firm that counts game developer GungHo Entertainment (the creator of the multimillion dollar mobile hit Puzzle and Dragons).
Supercell’s third game is coming in March.
SoftBank shook the gaming world up last year when it bought 50 percent of Supercell, which had just 130 employees at the time, for $1.5 billion. That valued Supercell at $3 billion, or twice the value of U.S. publicly traded game company Take-Two Interactive, publisher of Grand Theft Auto. That was an astonishing outcome for the company, founded by veteran mobile game maker Ilkka Paananen, in June 2010."