Astralis Group posts “satisfactory” results in 2019 annual report

Publicly-listed Danish esports organisation Astralis Group has shared its financial results in its first annual report.

The group owns Counter-Strike: Global Offensive team Astralis, League of Legends team Origen, and FIFA team Future FC.

Photo credit: Astralis GroupAnders Hørsholt, CEO of Astralis Group, who first joined the company in September 2019, also shared his own detailed review of the company’s progress in an official statement published on Astralis Group’s website.

Astralis Group has posted revenue of €6.5 million (£5.64 million), which is 11.5 percent higher than the financial guidance shared in its prospectus. But despite surpassing the predicted revenue, the company was only able…