Kabam grossed over $180M in 2012
2012 was another profitable year for core game developer Kabam. The company today announced the year’s gross revenue exceeded $180 million, up 70 percent year-over-year from 2011.
Although the developer didn’t reveal the exact details of its earnings, it did say that it was profitable for the year. In a statement, Co-Founder and CEO Kevin Chou said the company had initially expected 2012 revenue to grow only by 30 to 40 percent; meanwhile, the company is entering 2013 with an annualized run rate of more than $200 million.
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