Social gaming juggernaut Zynga is reportedly preparing to file registration documents with the SEC as early as Wednesday. The company behind hit games like CityVille and FarmVillecould have its IPO come as early as this fall.
In Zynga’s case, it might very well be worth that kind of cash. GreenCrest notes that Zynga’s revenues for 2011 are trending toward the $1.5 billion mark. Additionally, it’s operating with profit margins in excess of 40%.
With CityVille, Zynga’s most successful game, the company has proved that it can repeat the success it has had with earlier hits like FarmVille. The company has also made some smart acquisitions over the last few months and is making hiring decisions that show the company has big plans for its future.