Astralis Financial Results Announced

Astralis Financial Results Announced

Business

15 March 2024 08:07

Astralis has released its audited financial results for 2023. During 2023, the company delisted from NASDAQ and sold its LEC franchise slot. Despite these changes, Astralis reported a positive EBITDA of $21.4m and generated a revenue of $10.5m. The company stated that these results are "satisfactory" in their statement.

The report stated "In a year of varied competitive success, the Astralis brand continued to strengthen within existing and new audiences. The fanbase continued the positive development measured in the number of followers on our digital channels, and compared to 2022, we registered a positive development in the total number of followers across all channels, providing a wider commercial platform for existing and potential commercial partners."

Tags: Astralis

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Astralis Financial Results Announced

Business

15 March 2024 08:07

Tags: Astralis

Astralis has released its audited financial results for 2023. During 2023, the company delisted from NASDAQ and sold its LEC franchise slot. Despite these changes, Astralis reported a positive EBITDA of $21.4m and generated a revenue of $10.5m. The company stated that these results are "satisfactory" in their statement.

The report stated "In a year of varied competitive success, the Astralis brand continued to strengthen within existing and new audiences. The fanbase continued the positive development measured in the number of followers on our digital channels, and compared to 2022, we registered a positive development in the total number of followers across all channels, providing a wider commercial platform for existing and potential commercial partners."

Share:

Sources:

Report mistake Submit news

Related news

View All

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Jonas Gundersen, CEO of Danish esports organization Astralis, has confirmed a delay in the payment of December salaries, affecting both...

Drama

Dec 02, 2025

Fusion Esports Group to Acquire Astralis

Fusion Esports Group has officially acquired Astralis. The investment group is spearheaded by Jakob Lund Kristensen, Astralis co-founder, alongside Jonas...

Mergers and Acquisitions

Sep 10, 2025

Astralis Signs "HooXi"

Astralis have officially completed the signing of Rasmus "⁠HooXi⁠" Nielsen on a free transfer, the Danish organization announced Wednesday. The...

Transfer Market

Jun 20, 2025

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Danish esports organization Astralis has reported a net EBITDA loss of over DKK 31.3 million (~$4.8 million) in its draft...

Drama

Jun 19, 2025

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Astralis has announced a new esports sponsorship deal with ComeOn Group and its flagship brand, ComeOn!. The partnership between the...

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