Guild Esports aims for 5 million-strong audience following strong first half
May 10, 2023 at 05:45 am EDT
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Guild Esports PLC chief executive Jasmine Skee joined Proactive's Stephen Gunnion with details of the company's half-year results, which show strong revenue growth and reduced costs. Revenue increased by 241% to £3.7mln compared to £1.1mln last year, while gross profit rose by 256% to £2.5 million.
Skee told Proactive that the company diversified its revenue streams through Guild Studios, which focuses on gaming campaigns with brands like Samsung Mobile and Anthony Nolan. It aims to reach an audience of 5 million by the end of the year by focusing on platforms popular with Gen Z and Gen Alpha, such as Instagram, YouTube, Snapchat, and TikTok, she added.
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Guild Esports Plc is a United Kingdom-based global fan-focused team organization and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Its principal activity is to own and operate an esports brand. The Companyâs in-house training academy provide the entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. It provides camps and coding clubs. Its coding clubs offers after-school kidâs coding clubs, providing entertaining and educational sessions for all levels.