How esports company Blast is claiming it’s officially profitable

Home > Marketing > How esports company Blast is claiming it’s officially profitable

For many esports companies, profitability has long been a concern for the future, not the present. But this is no longer the case for the league operator Blast, which officially turned a profit in 2023.

In a conversation with Digiday at last weekend’s Six Invitational, an esports event in São Paulo’s Ginásio do Ibirapuera stadium, Blast chief business officer Leo Matlock disclosed that the company made a profit during the 2023 financial year, although he declined to share the specific number. Representatives of the privately held esports company also declined to specify exactly when Blast’s annual report for 2023 would be published, but said that its release date is currently slated for late April or early May.

“Our HQ is in Denmark, so we’re very good at putting our public accounts out as part of our registrations — anyone is free to check these,” Matlock said.  “The next accounts we publish, we’re delighted to say will be a profitable set of accounts.”

Continue reading this article on Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.

The original post is at Marketing Archives – Digiday

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.