Is chess.com profitable with a 400 staff ?

Sort:
trimalo

 Congratulations, Chess.com is generating around $100 million in annual revenue, boasting over 100 million users, and employing over 400 remote workers. Over a million are in Legend League. Chess is addictive and the best game with go. 

justbefair
trimalo wrote:

Congratulations, Chess.com is generating around $100 million in annual revenue, boasting over 100 million users, and employing over 400 remote workers. Over a million are in Legend League. Chess is addictive and the best game with go.

I don't believe that Chess.com has ever released a revenue figure. How did you come up with your number?

If it's just a wild guess, please say so.

trimalo

I did triangulation and found out that this is the most frequent result. Although it is not from chess.com every company has a P&L, balance sheet and a Cash Flow Statement.

Martin_Stahl
trimalo wrote:

I did triangulation and found out that this is the most frequent result. Although it is not from chess.com every company has a P&L, balance sheet and a Cash Flow Statement.

They probably do but not being a public company, those numbers wouldn't be publicly available. Numbers from over a year ago might be, from the PMG acquisition, so a potential estimate might be possible I guess.

Also, due to the PMG acquisition, the 400 employee number isn't correct anymore.

trimalo

yes the take over for 82,9 million dollars.

BoardroomBlitzer

750-785 employes, around $150 million in revenue, profits unknow but should be decent.

F1-24
Martin_Stahl wrote:
trimalo wrote:

I did triangulation and found out that this is the most frequent result. Although it is not from chess.com every company has a P&L, balance sheet and a Cash Flow Statement.

They probably do but not being a public company, those numbers wouldn't be publicly available. Numbers from over a year ago might be, from the PMG acquisition, so a potential estimate might be possible I guess.

Also, due to the PMG acquisition, the 400 employee number isn't correct anymore.

Just curious; What's PMG?

justbefair
Kaleb341 wrote:
Martin_Stahl wrote:
trimalo wrote:

I did triangulation and found out that this is the most frequent result. Although it is not from chess.com every company has a P&L, balance sheet and a Cash Flow Statement.

They probably do but not being a public company, those numbers wouldn't be publicly available. Numbers from over a year ago might be, from the PMG acquisition, so a potential estimate might be possible I guess.

Also, due to the PMG acquisition, the 400 employee number isn't correct anymore.

Just curious; What's PMG?

PMG is the Play Magnus Group

F1-24

Thanks grin.png

DrSpudnik

Anyone who thinks this place has 100 million members needs a court appointed guardian before they wander off.

mercatorproject
EwingKlipspringer wrote:

BidenChess

DrSpudnik

The cruelty is the point, I guess.