Estimated value of ‘Candy Crush’ is at least $6.6 billion

Studio King Digital Entertainment, creator of the popular game for smartphones and tablets “Candy Crush Saga”, estimates that its value can rotate between $ 6.6 and 7.6 billion when its shares begin to be traded on the New York Stock Exchange the company said on Wednesday (12).

In a document submitted to the authority of the U.S. stock market (SEC), the King says the company and its major shareholders plan to offer 22.2 million shares at a price of $ 21-24 each. Considering the price, the value of the entire capital of the company would be between $ 6.6 and 7.6 billion.

Founded in 2002, the company announced on February 18 intended to be traded on the stock market with an initial public offering (IPO). The King seeks to achieve capital growth after experiencing a meteoric rise in recent years.

Its turnover rose from $ 164 million in 2012 to $ 1.88 billion in 2013, according to the document sent to the SEC. In the same period, the earned rose from $ 7.8 million to $ 567.6 million.