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."

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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:

File:Astralis.png

Report mistake   

Submit news   

Related news

View All

Astralis Partners with ComeOn Group

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

Business

Dec 17, 2024

Nikolaj Nyholm Steps Down From His Role at Astralis

Astralis has announced that co-founder Nikolaj Nyholm is stepping down from his position as CEO but will remain a board...

Hires

Oct 04, 2024

Astralis X Elgiganten Partnership Expanded

Astralis has partnered with electronics retailer Elgiganten to launch an initiative aimed at combating toxic behavior in gaming and esports....

Business

Sep 24, 2024

Steen Laursen to Leave Astralis

Steen Laursen, the Director of Communications at Astralis, has announced his departure from the role through a social media post....

Business

Aug 19, 2024

Astralis Partners with Sauna

Astralis, in partnership with hummel and SAUNA, has unveiled a new limited merchandise collection set to launch in June 2024....

Business

May 28, 2024