Candy Crush Saga developer King has filed with the SEC for an IPO, and will list on the NYSE under the symbol KING. As part of the filing, a lot of details are out on the company, and their games.
· Across all games, 128M daily active users and over 1.2B games played every day.
· Candy Crush Saga accounts for 93M of those daily users and 1.085B of those games.
· Risks noted: Rapid growth, quadrupling employees over the past two years (144 to 665), and lack of diversity (top three games generated 95% of total bookings, and Candy Crush Saga responsible for 78% of the total).