Developer and publisher Mind Candy has reported a 60 per cent jump in revenue.
The company behind Moshi Monsters released to Companies House their rise from £29 million to £47 million in 2012.
Monsters Inc
The company is looking to float on the stock exchange.
“Going public at some point is the smartest way forward,” founder and CEO Michael Acton Smith said last year.
There has been speculation for some time over whether Mind Candy will be London’s next tech IPO.
More than just a game
The company added another 80% of employees in 2012, to accommodate its expansion into the music and publishing industries.
Moshi Monsters, Music Rox! reached No 4 in the charts, and Moshi Magazine has become the bestselling children’s monthly in Britain.
Feature film is the company’s next venture – back in August, Tech City News reported Moshi Monsters would hit the big screen.
The trophy cabinet
Mind Candy’s success hasn’t come without recognition.
The company was shortlisted for two Europa awards this year.
And they were listed 10th in the Annual Tech Track 100 index of Britain’s fastest growing-private technology firms.
London locals
Mind Candy set up shop in London in 2004, making them one of the very first Silicon Roundabout tech firms.
They’ve come a long way since then – the company moved into a hip new office this year, complete with treehouse and slide, in time for Moshi Monsters to celebrate their fifth birthday.
But it hasn’t always been smooth sailing for the Moshi brand – Mind Candy almost closed its doors back in late 2008 when the business ran out of money and was on the brink of bankruptcy.
Many people assume Moshi is a Japanese or American success story, but we’re very proud to say it’s a homegrown British phenomenon.