Sulake Reports Best Half Year Result
Sulake, the parent company of Habbo Hotel (that's us!) today announced its best-ever half
year performance in the company's history. Our H1/2010 revenue reached €29.8 million (IFRS), a 20%
increase versus 2009 first half. During the same period, the company EBITDA result improved by 63%
to €3.5 million, with solidly positive operating cash flow.
Naturally, we are very excited to be able to tell great news like this. This performance is
thanks to systematic work in developing our operating model, cost savings and most importantly,
continuous focus on developing the Habbo Hotel product and community. We expect to continue on the
same track, and have yet to fully utilize the potential of social networks as a source of growth.
Habbo Hotel serves over 15 million unique visitors from more than 150 countries in 11
different languages. Our players spend a total of 45 million hours playing Habbo Hotel each month.