Supercell revenue drops 4.2% to €1.7bn in 2023

Supercell has published its financial results for 2023, in which revenue dropped by 4.2% to €1.7 billion compared to last year.

During an earnings call, CEO Ilkka Paananen attributed this decrease to a decline in games sales during the first half of 2023 and the overall health of the mobile games market.

However, Paananen highlighted that its live games segment rose every quarter over the financial period due to the success of Brawl Stars, which tripled its player base since last summer and has become the developer's biggest title.

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