July 5 news. Social gaming giant Zynga has filing an initial public offering (IPO) with the US Securities and Exchange Commission (SEC) .The Company estimates aggregate initial sales of $1 billion in class A common stock.
Zynga’s ”FORM S-1″
http://www.sec.gov/Archives/edgar/data/1439404/000119312511180285/ds1.htm
The annual income of Zynga has not reached $1 billion and the annual income of EA has already close to $4 billion. The valuation of Zynga is about $20 billion, but the valuation of EA is just $8 billion. The valuation of Zynga even more than the world’s biggest video – game company Activision Blizzard. The valuation of Activision Blizzard is $13.5 billion.
First quarter of this year, Zynga achieve a net income of $11.8 million, up 84% year-on-year. .The EA achieves a net income of $151 million in the fourth quarter, up 4 times year-on-year.
First quarter of this year, Zynga achieve revenue of $235 million, up 130% year-on-year.
Zynga currently has 2,268 employees. The company has 1,858 employees at the end of March.64% of employees signed up in the past 12 month .92% of employees signed up less than two years. EA currently has 7,645 employees.
A lot of former executive of EA joined Zynga, including John Schappert, the former COO of EA, Steve Chiang, the former sport department leader of EA and Mark Skaggs who is the vice-president of Zynga now.