Supercell, the Finnish company behind hit games ‘Clash of Clans’ and ‘Hay Day’, reported an almost nine-fold year-on-year increase in revenue in 2013, as it hit $892 million, compared to $101 million a year earlier.
The company, which was founded in 2010, also saw a striking increase in EBITDA, which rose from $51 million in 2012 to $464 million.
As well as its financial information, Supercell announced it plans to officially launched ‘Boom Beach’, its third mobile game, in March. It has been in testing the game in Canada and Australia since late 2013.
Supercell’s ‘Clash of the Clans’ is a regular in the top grossing chart of Apple’s App Store and has seen particular success in Asia.
This success convinced Japanese mobile operator group SoftBank and game publisher GungHo to invest $1.53 billion to secure a 51 per cent stake in Supercell in October last year.
Supercell said the investment would accelerate it “towards our goal of being the first truly mobile games company, and gives us enough time to get there”.
CEO Ilkka Paananen noted that the SoftBank deal “provides us with a massive selection of strategic resources that will help us deliver our games to hundreds of millions of new customers all over the globe”.