Disguised
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October 2023 Budget Update
🕑 Added 2023-10-06 18:00:03 +0000 UTCHello investors, our books for September have just closed!
In Sept, our revenue was high due to our NACL prize winnings and our Team Participating Agreement (TPA) with the league; majority of which was paid out to players. September also concluded most of our esports spending with Valorant, NACL, and Apex. Our GC team is the only one that continued into Oct.
This month in October, we're starting to see a bit of revenue from the marketing side of things. Thanks Riot in trusting our small team with running some fun events with League, TFT, and hopefully more to come. Also huge shoutout to our first ever sponsor Intel Gaming for their support. We also had a small spike in GC team costs from our 2-week Texas bootcamp. Lastly, you'll see a huge spike in G&A expenses due to our MASSIVE purchase order for merch -- coming soon!
Thank you all very much again for your support. We are slowly - but surely - on our way to break even.
Comments
Burpski
Love that you scored a sponsor!!!
nishnito
W Sponsor!! Thank you Intel gaming!!
