FACEIT
Independent competitive gaming platform for online multiplayer games.
Launch date
Employees
Market cap
-
Enterprise valuation
AUD773m (Public information from Jan 2022)
Company register number 07751649
London England (HQ)
Financials
Estimates*
| USD | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 12.2m | 11.8m | 20.8m | 16.3m | 31.2m | 16.9m | 25.6m |
| % growth | 203 % | (4 %) | 76 % | (22 %) | 92 % | (46 %) | 51 % |
| EBITDA | (4.9m) | (5.2m) | (3.8m) | (4.6m) | 2.9m | 3.9m | (10.0m) |
| % EBITDA margin | (40 %) | (44 %) | (18 %) | (28 %) | 9 % | 23 % | (39 %) |
| Profit | (5.0m) | (5.6m) | (4.3m) | (4.6m) | 2.9m | (<1m) | (13.6m) |
| % profit margin | (41 %) | (48 %) | (21 %) | (28 %) | 9 % | (4 %) | (53 %) |
| R&D budget | <1m | <1m | <1m | 1.4m | <1m | 1.3m | - |
| R&D % of revenue | 1 % | 4 % | 4 % | 9 % | 3 % | 8 % | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | N/A | $2.0m | Seed |
* | $15.0m | Series A | |
| N/A | N/A | - | |
| N/A | $12.0m | Series B | |
* | $500m Valuation: $500m 29.6x EV/LTM Revenues 128.7x EV/LTM EBITDA | Acquisition | |
* | N/A | Merger | |
| Total Funding | AUD44.8m | ||
