Except for a higher revenue, mainly caused by prize money won by the Astralis team, we’ve been on point in our fairly ambitious predictions.
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Before it's here, it's on the Bloomberg Terminal. Stock analysis for Astralis Group AS (3NU:Berlin) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
As for the financials, Astralis Group Management ApS’ reported consolidated net revenue equals DKK 29.2 million for the nine-month period ended 30 September 2019 (within the Group’s influence). It is somewhat concerning, however, that the company has only achieved an “expected” annual result despite an impressive number of tournament successes.
Use the PitchBook Platform to explore the full profile. But despite surpassing the predicted revenue, the company was only able to match overall expectations in an annual result of -€4.6 million (-£3.98 million), and with an EBITDA of -€3.06 million (-£2.65 million). Hørsholt spoke on the report: “Overall the annual result is as expected and as such the result is satisfactory. We see a massive potential for further development and we will present a range of new direct to fan initiatives, media channels and strategic partnerships over the coming months.”, RELATED: Astralis picks up one-year partnership with CS.MONEY. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices.
OBV 028 Publicly-listed Danish esports organisation Astralis Group has shared its financial results in its first annual report. Information on stock, financials, earnings, subsidiaries, investors, and executives for Astralis Group. Anders also confirmed two separate goals for Astralis Group’s teams in 2020: win at least one more Major with Astralis, and reach the League of Legends World Championship with Origen. Earnings Announcement for Period Ending Y/2020. Since launching the company in August, we have signed and extended some significant partnership deals with sponsors and media partners and on behalf of Astralis, we have entered a strong, strategic league partnership with ESL Pro League.”, RELATED: Astralis extends OMEN by HP partnership through 2020. After an intense three-month fast-track IPO journey with several Deloitte services involved, from IPO services and tax advisory to accounting assistance and financial advisory, Astralis Group was ready for its first listing date in December 2019 as planned. Astralis Group has posted revenue of €6.5 million (£5.64 million), which is 11.5 percent higher than the financial guidance shared in its prospectus. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Today the board of Astralis Group A/S approved the interim financial report for the statutory period January 1 to June 30, 2020.
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Publicly-listed Danish esports organisation, The group owns Counter-Strike: Global Offensive team, Astralis to launch soft drinks line with Royal Unibrew, Astralis extends OMEN by HP partnership through 2020, Astralis picks up one-year partnership with CS.MONEY, Team Singularity energises with NOCCO partnership, Hitmarker recruits social platform eFuse for partnership, San Antonio set to receive esports arena from ASM Global, European ESL Mobile Open expands into MENA for second season, Esports movers and shakers in September 2020, $186.3M raised in disclosed esports investments in September 2020, Vexed Gaming extends deal with XPG by ADATA, Guild Esports completes £41.2M listing on London Stock Exchange. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Esports Insider says: While we’re dubious of Origen’s World Championship chances, Hørsholt’s comments reflect an admirable competitive ambition that is matched by Astralis Group’s financial aims. But despite surpassing the predicted revenue, the company was only able to match overall expectations in an annual result of -€4.6 million (-£3.98 million), and with an EBITDA of -€3.06 million (-£2.65 million). Copenhagen SV, 2450 According to Astralis Group, the expectations for the performance for the Group for the period 1 January – 31 December 2019 are: Yahoo is part of Verizon Media. Astralis Group has posted revenue of €6.5 million (£5.64 million), which is 11.5 percent higher than the financial guidance shared in its prospectus. It forecasts net revenue to land in the range between €8M to €9.3M (£6.95M to £8.08M) and an EBITDA of between –€0.47M to -€0.67M (-£0.41M to -£0.58M). Stock analysis for Astralis Group AS (ASTGRP:FN Denmark) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
“I see this as a healthy sign for our business.
Astralis Group has maintained its projections for the financial year ending December 31st 2020. Find out the revenue, expenses and profit or loss over the last fiscal year. Touch device users, explore by touch or with swipe gestures.
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