Maker Of Candy Crush Game Just Filed For A $500 Million IPO

“King, the maker of the popular mobile game Candy Crush, just filed to raise $500 million in an IPO.  Their growth numbers are insane. Here are the key numbers.  Note the revenue chart. In Q4 2012, total revenue was $71 million. A year later, that jumped to $632 million. And the margins are big. On that $632 million in revenue, they booked $269 million in profit.  It’s worth noting that several metrics actually show a tiny dip in Q4 vs. Q3 of last year, which might raise an eyebrow.  Meanwhile, you should read their risk factors. The basic gist is that the company’s growth is insane, but that it’s basically a one-hit wonder, and it may be hard to keep that up.”

http://www.businessinsider.com/candy-crush-ipo-2014-2

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin