“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
Related posts:
Gold replaces narcotics as the most valued smuggled item in India
CIA requested ‘Zero Dark Thirty’ rewrites, memo reveals
New Mexico's Torture State
Small Businesses Are Trapped by ObamaCare
Big Banks Start Campaign to Destroy Credit Unions
Galveston Police Brutally Beat Man On The Beach; Police Chief Defends Them
Tony Gallippi Talks Newest BitPay Innovation: Copay
Barter and Alternative Currencies Growing in Greece
When Penalties are Preferable
Crisis Investing in Cyprus
Jeff Bezos’ Amazonian Drones
The Internet’s Magna Carta Moment: Bitcoin & The Value of Strong Assurances
Switzerland’s ‘Crypto Valley’ Set To Test Blockchain Voting
Economy Coming in High and Hard
Illinois Skips $9.1B Interest Payment on Pension Debt