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The Pokemon Company’s profits have surged by an astounding 1,200% in the past five years.
The Pokemon Company has experienced rapid and consistent growth recently. By the end of its accounting year in February, the company had generated $123 million in gross profit over the year, marking a 50% increase from the previous year. This astronomical rise in profit is truly remarkable. In 2014, the company only made $9.2 million, indicating an impressive 1,200% increase in profitability over the span of just five years!
While this exponential growth may seem surprising, there are several factors contributing to it. The most significant catalyst for the company’s success in the last five years was undoubtedly the launch of the hugely popular Pokemon Go in 2017. This release resulted in record-breaking profits for The Pokemon Company, and the game continues to be a major revenue driver. Additionally, the company’s merchandise, including apparel and other memorabilia, experienced significant growth alongside the success of Pokemon Go.
Looking ahead, it is expected that Pokemon Go and Pokemon-themed merchandise will continue to be lucrative for the company. Several Pokemon movies have already been released, with two more set to debut in the fall of 2019. The Pokemon brand is currently enjoying strong momentum, so it is highly likely that their profits will continue to rise at a rapid pace.
