2022-01-31 08:21:10
Heroic AS, the wholly owned subsidiary of Heroic Group AS, had 20 413 000 kr in revenues in 2021, while Heroic Group AS had revenues of 296 000 kr in 2021.
The top three revenue drivers were i) sales of digital items, ii) participation in tournaments and iii) partnerships.
Operating expenses were 31 926 000 kr and 14 330 000 kr for Heroic AS and Heroic Group respectively.
Per 31/12-2021 the combined cash balance for the two companies was just shy of 37 500 000 kr.
Please note that these are unrevised figures and might change due to accounting principles.
Contact:
Joachim Harg, Head of Finance and Investor Relations
harg@heroic.gg
+47 911 25 560