ONE Championship Chairman and CEO Chatri Sityodtong is optimistic that 2024 will bring the organization to profitability. The company has driven its brand to new heights across various metrics in recent years while gaining fans around the world. With increased revenue hitting new highs, Sityodtong believes they will cross the threshold before the end of the year.
“Through a combination of strong revenue growth and good cost optimization, ONE will achieve profitability and positive cash flow in the third or fourth quarter of this year. Our run rate revenues will approach US$200m this year, representing a 50 percent increase from 2023,” Sityodtong said (h/t South China Morning Post).