Finances

Inside Copenhagen Flames, the only profitable esports team on record

Inside Copenhagen Flames, the only profitable esports team on record

Angry Birds developer Rovio profits $10.2M in Q3 2022

Angry Birds developer Rovio profits $10.2M in Q3 2022

Homa raises $100M to fund growth and acquisitions

Homa raises $100M to fund growth and acquisitions

Shiro Games reportedly receives $48.5M investment

Shiro Games reportedly receives $48.5M investment

Tiidal Gaming posts $800K loss in latest financial quarter

Tiidal Gaming posts $800K loss in latest financial quarter

ESE Entertainment posts $6.9M loss in Q3 2022

ESE Entertainment posts $6.9M loss in Q3 2022

Guild Esports renegotiates with David Beckham to cut $16.5M deal in half

Guild Esports renegotiates with David Beckham to cut $16.5M deal in half

Theorycraft Games raises $50M

Theorycraft Games raises $50M

How esports organizations performed financially in 2022 (so far)

How esports organizations performed financially in 2022 (so far)

FaZe Clan reveals business workings in latest SEC filing

FaZe Clan reveals business workings in latest SEC filing

Astralis loses $850K in first half of 2022

Astralis loses $850K in first half of 2022

GameSquare Esports posts $6.7M loss in H1 2022

GameSquare Esports posts $6.7M loss in H1 2022

Rivalry loses $10.5M in first half of 2022

Rivalry loses $10.5M in first half of 2022

Luckbox parent company loses $3.1M in first half of 2022

Luckbox parent company loses $3.1M in first half of 2022

Fragbite Group loses $4.9M in first half of 2022

Fragbite Group loses $4.9M in first half of 2022

Tiidal Gaming to sell Lazarus esports team

Tiidal Gaming to sell Lazarus esports team

ORDER seeking new owner following collapse

ORDER seeking new owner following collapse

Allied Esports loses $7.4M in H1 2022

Allied Esports loses $7.4M in H1 2022

FaZe Clan loses $9.3M in Q2 2022

FaZe Clan loses $9.3M in Q2 2022

Enthusiast Gaming loses $21.6M in H1 2022

Enthusiast Gaming loses $21.6M in H1 2022

OverActive Media posts $5.5M net loss in H1 2022

OverActive Media posts $5.5M net loss in H1 2022

Semper Fortis Esports loses $1.46M in 2021

Semper Fortis Esports loses $1.46M in 2021

Copenhagen Flames posts $6,351 profit in 2021

Copenhagen Flames posts $6,351 profit in 2021

Allied Esports loses $3.8M in first quarter of 2022

Allied Esports loses $3.8M in first quarter of 2022

Guild Esports posts $6.1M loss in latest financial report

Guild Esports posts $6.1M loss in latest financial report

Esports fantasy startup FanClash raises $40M in Series B round

Esports fantasy startup FanClash raises $40M in Series B round

Complexity parent company Gamesquare lost $4M in Q1 2022

Complexity parent company Gamesquare lost $4M in Q1 2022

Supercell becomes majority owner of Trailmix with $60M investment

Supercell becomes majority owner of Trailmix with $60M investment

Rivalry loses $5.2M in Q1 2022

Rivalry loses $5.2M in Q1 2022

Allied Esports posts net income of $62.9M for 2021

Allied Esports posts net income of $62.9M for 2021

Allied Esports receives letter from Nasdaq over non-compliance

Allied Esports receives letter from Nasdaq over non-compliance

Esports Entertainment Group plans to sell assets to offset financial challenges

Esports Entertainment Group plans to sell assets to offset financial challenges

Embracer Group loses $433M in latest fiscal year

Embracer Group loses $433M in latest fiscal year

a16z bets big on gaming with $600M fund

a16z bets big on gaming with $600M fund

Enthusiast Gaming loses $8.6M in Q1 2022

Enthusiast Gaming loses $8.6M in Q1 2022

OverActive Media loses $3.6M in Q1 2022

OverActive Media loses $3.6M in Q1 2022

How esports organizations performed financially in 2021

How esports organizations performed financially in 2021

Most valuable esports organizations of 2022, according to Forbes

Most valuable esports organizations of 2022, according to Forbes

Team Liquid valued at $415M following $35M investment

Team Liquid valued at $415M following $35M investment

Square Enix sells IP and studios for $300M

Square Enix sells IP and studios for $300M

Complexity parent company Gamesquare posts $20.9M loss in 2021

Complexity parent company Gamesquare posts $20.9M loss in 2021

FaZe Clan reveals business woes in new SEC filing

FaZe Clan reveals business woes in new SEC filing

Esports betting company Rivalry posts $19.2M net loss in 2021

Esports betting company Rivalry posts $19.2M net loss in 2021

LOUD's sister company SNACKCLUB raises $9M for blockchain gaming

LOUD's sister company SNACKCLUB raises $9M for blockchain gaming

ProbablyMonsters raises $250M in Series A round

ProbablyMonsters raises $250M in Series A round

OverActive Media reports $15.4M net loss in 2021

OverActive Media reports $15.4M net loss in 2021

HLTV owner Better Collective acquires Futbin for $113M

HLTV owner Better Collective acquires Futbin for $113M

ReKTGlobal to be acquired in $470M all-stock deal

ReKTGlobal to be acquired in $470M all-stock deal

Epic Games raises $2B investment from Sony and LEGO parent company

Epic Games raises $2B investment from Sony and LEGO parent company

NFT-based FIFA competitor GOALS scores $15M investment

NFT-based FIFA competitor GOALS scores $15M investment

Gfinity reveals $2.1M loss in second half of 2021

Gfinity reveals $2.1M loss in second half of 2021

Enthusiast Gaming posts $41.6M loss in 2021

Enthusiast Gaming posts $41.6M loss in 2021

G2 Esports files $5.25M lawsuit against short-term NFT partner Bondly

G2 Esports files $5.25M lawsuit against short-term NFT partner Bondly

Astralis posts $5.2M loss in 2021 financial year

Astralis posts $5.2M loss in 2021 financial year

Esports Entertainment Group posts $34.5M loss in latest quarter

Esports Entertainment Group posts $34.5M loss in latest quarter

Sony to acquire Destiny developer Bungie for $3.6B

Sony to acquire Destiny developer Bungie for $3.6B

Guild Esports reveals $11.8M loss in annual results

Guild Esports reveals $11.8M loss in annual results

ESL and FACEIT bought for $1.5 billion by Saudi Arabia-backed group

ESL and FACEIT bought for $1.5 billion by Saudi Arabia-backed group