in Europe
???
2
most profitable org EU
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KoreanOverlord [#5]isnt TL american
It was founded in Netherlands (Europe)
*but they are multi-regional
xLeo [#8]It was founded in Netherlands (Europe)
*but they are multi-regional
well I dont believe in that multi regional stuff
its a private company, so who own majority shares? is he american or european
edit so I just checked and this american fund called axiomatic owns them, then its an american org
tonyhart7 [#2]G2
it's actually Team Liquid.
TL is worth : $440M and estimated revenue of $38 million in 2021
G2 is worth: $340M and estimated revenue of $31 million in 2021
Pitrex [#18]it's actually Team Liquid.
TL is worth : $440M and estimated revenue of $38 million in 2021
G2 is worth: $340M and estimated revenue of $31 million in 2021
seems you missunderstand what networth and profit is
watch carlos and tarik watch party, G2 has the most profitable orgs on europe (based by carlos)
KoreanOverlord [#16]well I dont believe in that multi regional stuff
its a private company, so who own majority shares? is he american or european
edit so I just checked and this american fund called axiomatic owns them, then its an american org
so t1 is an american org?
no_noise_979 [#22]so t1 is an american org?
if comcast majority owned t1 yes, but its not, its owned by SKT
Are we talking in Valorant or in general? The question needs to be more specific, but I'd assume you mean any org founded in Europe. It's a bit odd because TL is a European org, but they have a League of Legends team in NA which is a huge part of their brand and possibly profits. As far as I understand, G2 is only in Europe except their Rocket League team which is in NA.
240hz_Wood [#24]Are we talking in Valorant or in general? The question needs to be more specific, but I'd assume you mean any org founded in Europe. It's a bit odd because TL is a European org, but they have a League of Legends team in NA which is a huge part of their brand and possibly profits. As far as I understand, G2 is only in Europe except their Rocket League team which is in NA.
They also have a NA apex legends team
240hz_Wood [#24]Are we talking in Valorant or in general? The question needs to be more specific, but I'd assume you mean any org founded in Europe. It's a bit odd because TL is a European org, but they have a League of Legends team in NA which is a huge part of their brand and possibly profits. As far as I understand, G2 is only in Europe except their Rocket League team which is in NA.
in general thats why i hv put this thread as off-topic
tonyhart7 [#20]seems you missunderstand what networth and profit is
watch carlos and tarik watch party, G2 has the most profitable orgs on europe (based by carlos)
obviously an owner of an org would say that about his own org but if those are the actual numbers there then TL was by far the more profitable org, carlos may have have been talking about profitable in terms of the teams success not in terms of financials
Crackyoudown [#27]obviously an owner of an org would say that about his own org but if those are the actual numbers there then TL was by far the more profitable org, carlos may have have been talking about profitable in terms of the teams success not in terms of financials
He meant $$$ because he mentioned FaZe being above them in terms of revenue
Crackyoudown [#27]obviously an owner of an org would say that about his own org but if those are the actual numbers there then TL was by far the more profitable org, carlos may have have been talking about profitable in terms of the teams success not in terms of financials
so you dnt watch the whole thing ?? huh ofc I dnt expect him sugarcoat the whole thing but he wouldnt lie in front of 60k viewer
thats a dumb act because he is ceo of brand, plus there a financial statement release by company to public as require by law
so you cant made up this because illegal but I dnt expect someone from pak to understand this either
tonyhart7 [#20]seems you missunderstand what networth and profit is
watch carlos and tarik watch party, G2 has the most profitable orgs on europe (based by carlos)
why cry when google is free?
no1haterbutloveyou2 [#33]fnatic
Clearly not. Fnatic has been struggling to invest heavily into a top tier team in CS.
tonyhart7 [#29]so you dnt watch the whole thing ?? huh ofc I dnt expect him sugarcoat the whole thing but he wouldnt lie in front of 60k viewer
thats a dumb act because he is ceo of brand, plus there a financial statement release by company to public as require by lawso you cant made up this because illegal but I dnt expect someone from pak to understand this either
and i wouldnt expect a singaporean to have common human decency and not be racist. here we are
tonyhart7 [#31]seems you here who the most cry
proof that google is free :)
https://earlygame.com/gaming/most-valuable-esport-teams
look where G2 is and look where TL is
tonyhart7 [#20]seems you missunderstand what networth and profit is
watch carlos and tarik watch party, G2 has the most profitable orgs on europe (based by carlos)
Carlos said he has the most most fans in europe not most profitable
WinterZ [#36]proof that google is free :)
https://earlygame.com/gaming/most-valuable-esport-teams
look where G2 is and look where TL is
You even dnt know what profit,networth,revenue is
oh yess I can search googles how smart I am, lmao look at you find information on random gaming web and with no credible source whatsoever
I believe you never stepped in college because proffesor will kick out of guard
tonyhart7 [#20]seems you missunderstand what networth and profit is
watch carlos and tarik watch party, G2 has the most profitable orgs on europe (based by carlos)
Considering how Team Liquid has the most revenue, it’s safe to assume it also probably has more profit unless salaries and shit really cost more than that extra 7mil
tonyhart7 [#38]You even dnt know what profit,networth,revenue is
oh yess I can search googles how smart I am, lmao look at you find information on random gaming web and with no credible source whatsoever
I believe you never stepped in college because proffesor will kick out of guard
at least I am smart enough to cross-reference my info with google lmao. That site is a compilation of the top 10 esports orgs with the most NETWORTH. There were 2 European teams on that list (G2 and TL) G2 was 8th on that list and TL was 3rd making TL undeniably more profitable than G2 no? Dunning-Kruger effect at work in ur brain kek.
EDIT: U want a credible source? Take a look at what forbes has to say, https://www.forbes.com/sites/brettknight/2022/05/06/the-most-valuable-esports-companies-2022/?sh=6123a0c9599f
WinterZ [#40]at least I am smart enough to cross-reference my info with google lmao. That site is a compilation of the top 10 esports orgs with the most NETWORTH. There were 2 European teams on that list (G2 and TL) G2 was 8th on that list and TL was 3rd making TL undeniably more profitable than G2 no? Dunning-Kruger effect at work in ur brain kek.
EDIT: U want a credible source? Take a look at what forbes has to say, https://www.forbes.com/sites/brettknight/2022/05/06/the-most-valuable-esports-companies-2022/?sh=6123a0c9599f
and look at the title of OP asking
is just you mention networth and talk as if you are right
tonyhart7 [#41]and look at the title of OP asking
is just you mention networth and talk as if you are right
https://www.esportsearnings.com/teams if u want most profits have a look over here
tonyhart7 [#20]seems you missunderstand what networth and profit is
watch carlos and tarik watch party, G2 has the most profitable orgs on europe (based by carlos)
since TL gain more revenue it's more likely that TL is more profitable as well. as simple as that.
tonyhart7 [#41]and look at the title of OP asking
is just you mention networth and talk as if you are right
I'll let the racism slide but they mention profit as well obviously if you look at the numbers G2 has a higher profit margin but they don't have higher profit so instead of saying you don't think a pak would understand this u fucking tool look at the fucking numbers for urself!
rishu004 [#35]and i wouldnt expect a singaporean to have common human decency and not be racist. here we are
thank you for being a normal human and having the decency to be nice. love you yaar
Crackyoudown [#46]I'll let the racism slide but they mention profit as well obviously if you look at the numbers G2 has a higher profit margin but they don't have higher profit so instead of saying you don't think a pak would understand this u fucking tool look at the fucking numbers for urself!
who racist ?? iam not being racist here
tonyhart7 [#48]who racist ?? iam not being racist here
well if it wasn't u being racist, it was an extremely condescending remark u made about pakistanis and I don't appreciate it. Keep that shit to yourself
tonyhart7 [#29]so you dnt watch the whole thing ?? huh ofc I dnt expect him sugarcoat the whole thing but he wouldnt lie in front of 60k viewer
thats a dumb act because he is ceo of brand, plus there a financial statement release by company to public as require by lawso you cant made up this because illegal but I dnt expect someone from pak to understand this either
chup kr loray
tonyhart7 [#29]so you dnt watch the whole thing ?? huh ofc I dnt expect him sugarcoat the whole thing but he wouldnt lie in front of 60k viewer
thats a dumb act because he is ceo of brand, plus there a financial statement release by company to public as require by lawso you cant made up this because illegal but I dnt expect someone from pak to understand this either
G2 is private company, they don't have to release finiancial statements, confidently incorrect
number1_MIBR_hater [#44]I consider TL an EU org, since it was founded in Netherlands or something, even if they have NA CS team, BR feminine val team, etc
The same way C9 is NA even tho they have a CIS CS team, etc
agreed
Pitrex [#18]it's actually Team Liquid.
TL is worth : $440M and estimated revenue of $38 million in 2021
G2 is worth: $340M and estimated revenue of $31 million in 2021
You don't know what these numbers mean, why or who gives them, and what the terms being discussed refer to
Bronze-Smurf [#51]G2 is private company, they don't have to release finiancial statements, confidently incorrect
doesnt mean they can lie about their earnings and inflate their share price.
You'd be surprised to learn that most esports organizations are actually operating on a loss, not on a profit.
I had a look into the fnatic financials some time back as they were upening up a public investor fund. They have been operating at a loss since forever.
It turns out that player salaries are crazy inflated due to the arms race to field the best teams and keep credibility in a rapidly growing industry (esports), however, the growth of salaries and expenses is moving much more rapidly than the growth of revenue in esports.
Revenue =/= profit.
As for which orgs are the ones that are actually profitable, it's hard to say. I'd think it's most likely a firm like G2.
Never_Wrong [#54]G2. Pretty much the only profitable esports org.
+1. Most orgs are operating at a loss. See my comment below. fnatic financials are in shambles for example
Crackyoudown [#27]obviously an owner of an org would say that about his own org but if those are the actual numbers there then TL was by far the more profitable org, carlos may have have been talking about profitable in terms of the teams success not in terms of financials
Valuation and revenue =/= profit. You can have a company worth billions with revenue over a billion that is not profitable.
rishu004 [#56]doesnt mean they can lie about their earnings and inflate their share price.
If it's a private company there is no share price.
The only thing that may affect is valuation to get other private investors in.
So many people without any financial knowledge here holy shit
Bronze-Smurf [#51]G2 is private company, they don't have to release finiancial statements, confidently incorrect
Private companies in europe do have to release financial statements in most EU countries. the US is more an exception to that than the rule when it comes to countries globally
Majority of organizations end up losing more money than earning, salaries are crazy big and the amount you get off sponsorships, merchandise, tournament winnings is not enough (or barely enough) to make up for invested resourses
Of course if you have army of content creators (Faze, TSM, 100T, NRG...) or great social media management all around (G2) or very strong fanbase in one specific region / country (Navi, Karmine Corp, Vitality...), you will be going "+", but else definitely "-"
Olofboost [#63]Majority of organizations end up losing more money than earning, salaries are crazy big and the amount you get off sponsorships, merchandise, tournament winnings is not enough (or barely enough) to make up for invested resourses
Of course if you have army of content creators (Faze, TSM, 100T, NRG...) or great social media management all around (G2) or very strong fanbase in one specific region / country (Navi, Karmine Corp, Vitality...), you will be going "+", but else definitely "-"
+1 most orgs are operating at a loss nowadays. Salaries and expenses growing faster than revenue
This issue orgs have is that if they dont follow the upward trend in salaries etc they will lose players to other orgs and not win anything, which is even worse for the org
Olofboost [#63]Majority of organizations end up losing more money than earning, salaries are crazy big and the amount you get off sponsorships, merchandise, tournament winnings is not enough (or barely enough) to make up for invested resourses
Of course if you have army of content creators (Faze, TSM, 100T, NRG...) or great social media management all around (G2) or very strong fanbase in one specific region / country (Navi, Karmine Corp, Vitality...), you will be going "+", but else definitely "-"
+1
Pitrex [#18]it's actually Team Liquid.
TL is worth : $440M and estimated revenue of $38 million in 2021
G2 is worth: $340M and estimated revenue of $31 million in 2021
Isn’t TL a US based org? Or am I wrong
spookmeister [#66]Isn’t TL a US based org? Or am I wrong
its based in Netherlands which is in Europe
xLeo [#67]its based in Netherlands which is in Europe
ohhhh i always thought they were NA idk why, probably cause theyve stuck with their nacs team for so long
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