Supercell, the maker of Clash of Clans, has reported a decrease in its financial performance for 2023. The company's revenues fell by 4% to $1.82 billion, and profits dipped by 8%. This announcement comes as Supercell, owned by Tencent, is looking to take more risks in its pursuit of the next billion-dollar hit. Despite the decline, Supercell's CEO, Ilkka Paananen, remains optimistic, drawing on the success of Clash of Clans, which generated over $10 billion in revenue over ten years. The company's financial results were also reported in euros, showing a 4.2% drop in revenue to €1.7 billion compared to the previous year.
An interview with Supercell CEO Ilkka Paananen, as Tencent's Finnish mobile gaming group seeks its next big hit; Clash of Clans had $10B+ in revenue in 10 years (@rmilnenordic / Financial Times) https://t.co/udCrVAHTRj https://t.co/bDonWOJu7y
Supercell has published its financial results for 2023, in which revenue dropped by 4.2% to €1.7 billion compared to last year https://t.co/hzpcFMQ70C
Clash of Clans maker Supercell to ‘take more risks’ in search of billion-dollar hit https://t.co/sVMfp7Tau4
Supercell reports 2023 revenues drop 4% to $1.82B while profits dip 8% https://t.co/c2jimF51c5
Supercell's 2023 financial results are set to be unveiled this week. Ahead of the announcement, we're republishing our analysis on the company's transformative year https://t.co/qTWySaQrYk https://t.co/tpG4BRSSfE