Final Results

About this update from Defence Holdings Plc

[{"type":"text","content":"\n \n \n \n RNS Number : 0594A\n Guild Esports PLC\n 31 January 2022\n  \n \n \n \n Press release\n \n \n  \n \n \n 31 January 2022\n \n \n  \n \n \n  \n \n \n  \n \n \n Guild Esports PLC\n \n \n  \n \n \n (\"Guild Esports\", \"Guild\", or \"the Company\")\n \n \n  \n \n \n  \n \n \n Annual Results\n \n \n  \n \n \n  \n \n \n Guild Esports PLC, a UK-based owner and developer of esports teams (LSE: GILD, OTCQB: GULDF), is pleased to announce its audited full-year results from 1 October 2020 to 30 September 2021. All figures are in £millions (£m).\n \n \n  \n \n \n  \n \n \n  \n \n \n Highlights\n \n \n  \n \n \n · \n Raised £20m before expenses via a flotation on the London Stock Exchange on 2 October 2020 to scale the business from start-up phase to full commercial operations\n \n \n  \n \n \n · \n Established a strong global fan base with a network audience of more than 14.6 million and an owned audience exceeding 1 million (2020: 25,000) \n \n \n  \n \n \n · \n Signed sponsorship deals with world-class consumer brands Subway, Samsung and HyperX with a total combined contracted revenue of £3.9m over the lifetime of the deals\n \n \n  \n \n \n · \n Created five professional esports teams including an all-female roster for Valorant, comprising a total player count of 19\n \n \n  \n \n \n · \n Won two major trophies in Fortnite and one in Rocket League tournaments\n \n \n  \n \n \n · \n In May 2021 launched the Guild Academy, the world's most advanced online portal to nurture budding pro-stars and create a sustainable pool of talent for the Company\n \n \n  \n \n \n · \n Annual revenues increased to £1.9m (2020: £nil) reflecting significant contribution from sponsorship income in the second half despite termination of a large contract by Guild\n \n \n   \n \n \n · \n Pre-tax loss of £8.8m (2020: £2.7m), reflecting major investment across the business to drive long-term growth\n \n \n  \n \n \n · \n Adjusted cash* amounted to £11.2m as at financial year end\n \n \n  \n \n \n   \n \n \n Post-Period Highlights\n \n \n  \n \n \n · \n Signed a £4.5m three-year sponsorship deal with BitStamp in January 2022, the largest contract to date, and 25% more than the contract terminated by Guild in October 2021 which BitS...

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