Astralis released financial details from their operations between Jan. 1 and Jun. 30 as required by their listing on the Nasdaq Copenhagen stock market.
Their net revenue in this period totalled DKK 44.9 million ($6,050,000), an increase of DKK 5.7 million ($770,000) compared to the first half of 2021. In total, Astralis saw a net loss of DKK 6.3 million ($849,354) before tax, effectively half the loss of the same period last year (DKK 12.7 million).
These figures are for both the organization’s management, various acquisitions, and the five games Astralis is involved in; Counter-Strike, League of Legends, Fortnite, FIFA and Rainbow Six Siege.
Looking just at Rainbow Six, which is the only part of the Astralis US division, their net revenue was DKK 1.4 million ($190,000) to expenses of DKK 2.4 million ($323,563). As well as housing costs and player and staff wages, this will also likely include a buyout of Seth "Callout" Mik from Wichita Wolves.
While this was a loss, Rainbow Six is still Astralis’ second most profitable game with a net earnings loss of DKK 1 million compared to a loss of DKK 1.2 million in FIFA, DKK 2.2 million in LoL, and a net earning of DKK 5 million in Counter-Strike.
Rainbow Six was also referenced when talking about the company's recent successes and future plans:
Earlier this month, FaZe Clan also released their second-quarter financial report, but this included no specific details about their Rainbow Six team. The organization made a $9.32 million net loss from April to June, an increase from their $7.63 million loss in Q2 2021.
Finally, Enthusiast Gaming, the owners of Luminosity Gaming (who have an NACL roster), also released their Q2 figures. They saw a revenue of $51.1 million and a gross profit of $15.3 million. However, their Rainbow Six operations were obviously a minuscule portion of this and weren’t even mentioned when listing their recent expansions into games such as Rocket League, Apex, and Halo.