HALLWAY CLOSED

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Originally Posted by Gupta

The Sulake company provides Habbo in over 30 countries, with an estimated revenue of $67,000,000 for 2006. Sulake earns this revenue via four methods; selling in-game credits, website advertisement and sponsorship and Habbo-related merchandise.

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Yes you have emphasized my point. Multinational corporations posting tens of millions of quarter revenue do tend to adore profit.

Quote:

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Originally Posted by HotelUser

Yes you have emphasized my point. Multinational corporations posting tens of millions of quarter revenue do tend to adore profit.

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Sulake, has reported a €2.8 million profit for the financial year 2008.

Considering how big the company is, the profit is actually very low.

Quote:

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Originally Posted by Gupta

Sulake, has reported a €2.8 million profit for the financial year 2008.

Considering how big the company is, the profit is actually very low.

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Unless you put that in USD I'm not going to know how much it is, but I'm assuming it's a heck of a lot less than that 60 or so million they got in 2006.

Quote:

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Originally Posted by HotelUser

Unless you put that in USD I'm not going to know how much it is, but I'm assuming it's a heck of a lot less than that 60 or so million they got in 2006.

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Revenue and profit are different.
And its
3,793,441 USD.
or
£2,537,782

Either way, its quite low for such a large company.

Quote:

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Originally Posted by Gupta

Revenue and profit are different.
And its
3,793,441 USD.
or
£2,537,782

Either way, its quite low for such a large company.

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We were talking revenue before and I assumed. I took 2 economic courses in college and got a 93% on the exam you know!!

They must have one hell of an overhead.

Quote:

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Originally Posted by Sulake.com

Helsinki, March 30, 2009 – Sulake Corporation, the parent company of Habbo, the world ‘s largest virtual world for teenagers, broke all previous records with sales 20% up in December 2008. As a result the company reached an annual revenue milestone of 50 million Euros (74 million USD) leading to profit; 4.8 million Euros (7 million USD) of EBITDA and a positive net result.

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Sorry it turns out its 4.8 million, not 2.8 million Euros.
Now the figures look right for Sulake as 2.8 million euros is quite low for the company. 4.8 isnt bad.

Companies trying to make a bigger profit, how peculiar :eusa_thin

I looked for Sulake's financial data and I couldn't find it, either I didn't look hard enough or Sulake is a privately traded company. Also, I don't know the rules for posting financials abroad.

lol its hardly a protest it makes me lol how its a bunch of 11yrs in paper bags (trying to disguise theirself) "no more exachange for 1cred" pmsl


I can imagine sulake in a meeting "habbo uk has gone crazy, they are still protesting, lets forget about the hotel for a bit and play some runescape"