Last $18.45 USD
Change Today -0.49 / -2.59%
Volume 1.0M
KING On Other Exchanges
Symbol
Exchange
New York
Munich
OTC US
As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

king digital entertainment p (KING) Snapshot

Open
$18.80
Previous Close
$18.94
Day High
$18.90
Day Low
$18.26
52 Week High
07/2/14 - $23.48
52 Week Low
05/13/14 - $15.26
Market Cap
5.8B
Average Volume 10 Days
936.2K
EPS TTM
$1.75
Shares Outstanding
314.9M
EX-Date
--
P/E TM
10.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for KING DIGITAL ENTERTAINMENT P (KING)

king digital entertainment p (KING) Details

King Digital Entertainment plc, an interactive entertainment company, develops and publishes casual games on digital platforms. The company offers its games in a tournament format through its royalgames.com Website, as well as on mobile and social platforms, such as the Apple App Store, the Google Play Store, Facebook, the Amazon Appstore, and KakaoTalk. King Digital Entertainment plc was incorporated in 2013 and is based in Dublin, Ireland.

808 Employees
Last Reported Date: 05/8/14
Founded in 2013

king digital entertainment p (KING) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

king digital entertainment p (KING) Key Developments

King Digital Entertainment plc Presents at Bank of America Merrill Lynch 2014 Global Technology Conference, Jun-04-2014 08:30 AM

King Digital Entertainment plc Presents at Bank of America Merrill Lynch 2014 Global Technology Conference, Jun-04-2014 08:30 AM. Venue: The Ritz-Carlton Hotel, 600 Stockton Street, San Francisco, California, United States. Speakers: Hope F. Cochran, Chief Financial Officer and Principal Accounting Officer.

King Digital Entertainment plc Reports Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of 2014

King Digital Entertainment plc reported unaudited consolidated earnings and operating results for the first quarter ended March 31, 2014. For the quarter, the company's revenue was $606,709,000 against $205,918,000 a year ago. Profit before tax was $161,211,000 against $65,581,000 a year ago. Profit was $127,199,000 or $0.41 diluted per share against $52,651,000 or $0.16 diluted per share a year ago. Net cash generated from operating activities was $164,176,000 against $27,932,000 a year ago. Purchases of intangible assets were $2,102,000 against $1,788,000 a year ago. Purchase of property, plant and equipment was $6,301,000 against $1,698,000 a year ago. Adjusted revenue was $607,574,000 against $206,019,000 a year ago. Adjusted EBITDA was $248,591,000 against $81,422,000 a year ago. Adjusted profit was $187,880,000 or $0.61 diluted per share against $65,121,000 or $0.20 diluted per share a year ago. Adjusted revenue, which adjusts for the change in deferred revenue, was $608,000,000, representing an increase of $402,000,000 or 195% compared to first quarter 2013 and an increase of $6,000,000 or 1% compared to fourth quarter of 2013. For the quarter, the company's daily active users increased to 143 million in the first quarter of 2014, up 107 million or 297% from first quarter 2013, and up 19 million or 15% from fourth quarter 2013. Monthly active users increased to 481 million in the first quarter of 2014, up 343 million or 249% from first quarter 2013, and up 73 million or 18% from fourth quarter 2013. Monthly unique users increased to 352 million in the first quarter of 2014, up 251 million or 249% from first quarter 2013, and up 48 million or 16% from fourth quarter 2013. The company believes the increase in MUUs is driven by organic growth plus targeted acquisition efforts outside traditional markets in North America and Western Europe. For second quarter 2014, the company expects gross bookings, adjusted EBITDA and adjusted EBITDA margin based on adjusted revenue to remain relatively consistent compared to the first quarter 2014 results, with continuing revenue diversification. Looking at fiscal year 2014, the company expects gross bookings of $2,550,000,000 to $2,650,000,000; adjusted revenue for the year of $2,400,000,000 to $2,500,000,000; and an adjusted EBITDA margin based on adjusted revenue of approximately 40% for the year. Finally, with respect to taxes, company expects effective tax rate to range from 15% to 22% in 2014.

King Digital Entertainment to Launch Candy Crush in China with Tencent

King Digital Entertainment expects to launch its Candy Crush game in the Chinese market in association with local internet company Tencent. The Chinese version of the game will be available via Tencent's Mobile QQ and Weixin Game Centers. King launched the Candy Crush game in South Korea and Japan last year. King offers over 180 exclusive games in 14 languages through its king.com and royalgames.com websites, Facebook, and mobile distribution platforms such as the Apple App Store, the Google Play Store and the Amazon Appstore.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KING:US $18.45 USD -0.49

KING Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dena Co Ltd ¥1,353 JPY +27.00
Electronic Arts Inc $36.04 USD -0.80
Gree Inc ¥837.00 JPY +2.00
Nexon Co Ltd ¥972.00 JPY 0.00
Zynga Inc $3.00 USD -0.04
View Industry Companies
 

Industry Analysis

KING

Industry Average

Valuation KING Industry Range
Price/Earnings 9.2x
Price/Sales 2.4x
Price/Book 9.2x
Price/Cash Flow 9.0x
TEV/Sales 2.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KING DIGITAL ENTERTAINMENT P, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.