Gfinity Reports Growth Of 80% For Second Successive Year
October 21, 2019
Gfinity has reported that their Esports company had 7.9 million pounds of revenue for the year ending 30th June 2019, which represents an 80% growth for a second year in a row.
Garry Cook, Executive Chairman, Gfinity plc, said: “Gfinity has delivered a significantly improved financial performance this year and we are on track to reach our target of adjusted EBITDA breakeven by 2021. We have refocused the business on a Strategic Client Management model that has enabled us to strengthen our existing strategic partnerships and build a robust pipeline of new commercial opportunities.
“The esports market is growing rapidly and Gfinity is at the epicentre of the ecosystem. We are committed to working closely with our partners to provide them with unique esports solutions and to help them to connect with young gamers around the world.”