Famous esports organization Astralis has announced financial data for the year 2020. So what about Astralis 2020 financial data?
The famous esports organization Astralis has announced its financial data for the year 2020. So what does Astralis 2020 financial data show?
Astralis, the Denmark-based esports team, has published financial reports for 2020. Total revenue of $ 7.8 million in 2019 was announced to rise to $ 8.3 million in 2020. Astralis announced in the report that the League of Legends team earned $ 1.3 million, the Counter-Strike: Global Offensive team $ 5.95 million and the FIFA team earned $ 240,000 in financial data for the year 2020.
Esports Organization Astralis 2020 Data Announced!
Anders Hørsholt, CEO of Astralis Group, one of the largest esports organizations in the world, stated in his statement that the results for 2020 were “satisfactory” considering the limitations brought by the global pandemic and that the company’s growth plans were delayed by “9 – 12 months”. It was stated that Astralis teams’ media rights agreements were “overperforming” but still very low in value due to the pandemic.
Astralis Group also stated in its report that its net income targets for 2021 are targeting a gross profit range of 11.2 million US dollars and 12.8 million dollars. The next year we will see whether Astralis will achieve these goals.