Danish esports organisation Astralis Group has released its financial report for 2020.
The publicly listed company has declared “satisfactory” annual financial results that are “within expectations”, according to a release.
Here are some key financial figures (all values have been converted from Danish krone (DKK) to Great British pound):
- Increase in net revenue from £5.59m in 2019 to £5.93m in 2020 (66 percent of revenue comes from sponsorships)
- Improved EBITDA from -£2.61m in 2019 to -£1.67m in 2020
- EBIT decreased from -£4.