Finnish game developer Supercell had a great past year, with the success of mobile games Hay Day, Clash of Clans and Boom Beach resulting in a three-fold rise in annual revenues.
According to the Wall Street Journal, the company reported full year revenues of US$1.70 billion, more than doubled from US$570 million in 2013. Supercell earnings before interest, tax, depreciation and amortisation were US$565 million.
Supercell co-founder and CEO Iikka Paananen said in a recent news conference that the dramatic rise in turnover last year was in part due to the company’s success in localised advertising and promotion in key Chinese and Korean markets.
Supercell has consistently ranked among the most successful mobile game companies over the past few years – Finnish newspaper Talouselämä estimates that Supercell spent around 400 million EUR on advertising and promotion in 2014, making Supercell’s marketing budget one of the largest in Finland.
Learn more about Supercell at supercell.com.