Summary - Funding Rounds

Founding Date

2003

Total Funding

$84 m

Investors

In total, King.com had raised $84 m. King.com is a subsidiary of Activision Blizzard

King.com Income Statement

Annual

GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.6m7.4m12.9m21.5m27.2m32.3m28.0m23.9m8.0m132.4m273.1m416.4m245.9m217.5m143.9m

Revenue growth, %

106%(1%)

Cost of goods sold

1.5m4.5m7.9m12.7m13.9m12.3m10.3m7.1m

Gross profit

143.0k2.9m5.0m8.8m13.4m20.0m17.7m16.8m

Gross profit Margin, %

9%39%39%41%49%62%63%70%

Operating expense total

818.6k2.0m4.3m9.6m11.2m17.3m17.0m12.7m7.8m36.5m111.7m154.9m169.1m133.6m

Depreciation and amortization

2.0m

EBITDA

(772.1k)2.1m2.7m738.4k4.1m654.9k162.9m266.0m80.4m86.4m

EBITDA margin, %

(4%)8%8%3%17%8%60%64%33%40%

EBIT

(675.6k)881.0k676.7k(783.1k)2.1m2.7m712.9k4.1m243.1k95.9m161.4m261.5m76.8m83.9m57.9m

EBIT margin, %

(42%)12%5%(4%)8%8%3%17%3%72%59%63%31%39%40%

Interest expense

Interest income

2.8m

Pre tax profit

(675.3k)965.0k939.0k(841.9k)1.5m3.6m752.7k1.4m255.6k96.0m161.6m261.8m77.8m85.8m60.7m

Income tax expense

(6.4k)(91.0k)(369.8k)199.3k(447.7k)(1.0m)(223.8k)(1.2m)(75.8k)(21.9m)(44.3m)(63.3m)(18.0m)(13.6m)10.8m

Net Income

(681.6k)874.0k569.2k(642.6k)1.1m2.6m528.9k221.4k179.8k74.1m117.4m198.5m59.8m72.3m49.9m

King.com Balance Sheet

Annual

GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

375.4k1.4m6.2m7.6m6.7m9.6m10.6m8.9m8.6m4.5m41.4m3.8m21.0m1.2m47.3k

Accounts Receivable

77.0k598.0k598.3k501.4k1.0m1.3m1.1m892.1k1.1m40.5k

Inventories

Current Assets

390.8k1.9m7.1m9.1m10.4m13.5m16.7m14.9m17.0m19.7m111.9m68.4m161.4m153.0m175.0m111.5m

PP&E

7.2k40.0k85.0k60.8k12.6k4.3k8.8k58.1k46.2k187.6k17.6m4.5m15.4m9.6m7.8m6.7m

Goodwill

319.9k623.0k784.0k

Total Assets

398.0k2.0m7.2m9.5m11.2m14.4m17.7m15.8m17.6m23.4m129.9m90.0m210.2m182.0m189.8m126.7m

Accounts Payable

172.7k223.0k857.9k1.0m1.5m1.1m816.5k764.7k5.4m1.5m2.0m359.0k1.2m327.6k415.8k

Short-term debt

5.0m

Current Liabilities

142.4k1.0m2.1m3.9m5.1m6.6m7.0m5.6m7.2m6.9m28.2m28.0m47.9m52.4m56.7m49.9m

Long-term debt

Non-Current Liabilities

17.9k23.9k27.1k27.1k247.8k635.5k1.9m5.1m5.6m5.5m4.9m

Total Debt

7.8k1.1m5.0m

Total Liabilities

142.4k1.0m2.1m3.9m5.1m6.6m7.0m5.7m7.3m7.1m28.8m29.9m53.0m58.0m62.2m54.9m

Common Stock

9.5k13.2k14.0k13.5k15.7k17.1k17.7k15.9k15.9k15.6k12.5k17.0k25.0k19.2k19.2k20.0k

Retained Earnings

82.7m41.3m140.0m94.1m106.6m85.6m

Total Equity

255.6k960.6k5.1m5.6m6.1m7.7m10.7m10.1m10.4m16.3m101.0m60.2m157.2m124.0m127.6m71.9m

Debt to Equity Ratio

0 x0.2 x0.1 x

Debt to Assets Ratio

0 x0.1 x0 x

Financial Leverage

1.6 x2.1 x1.4 x1.7 x1.8 x1.9 x1.7 x1.6 x1.7 x1.4 x1.3 x1.5 x1.3 x1.5 x1.5 x1.8 x

King.com Cash Flow

Annual

GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(681.6k)874.0k569.2k(642.6k)1.1m2.6m528.9k221.4k179.8k74.1m117.4m198.5m59.8m72.3m

Dividends Paid

188.2m130.2m73.3m59.8m

Income Taxes Paid

(21.9m)(44.3m)(41.3m)

King.com Ratios

GBPFY, 2003

Financial Leverage

1.6 x

King.com Operating Metrics

Nov, 2017

Monthly Active Users

293 m

Downloads (Candy Crush Saga)

2.73 b