Razer expects to break even in FY2020

This is compared to a US$83.5m loss in FY2019.

Gaming lifestyle brand Razer has announced that it is expecting to record a breakeven profit or loss on a GAAP basis for FY 2020, as compared to a loss of US$83.5m for FY2019, based on the unaudited management accounts of the company.

The expected improvement is mainly due to the “higher than expected” revenue growth, and continued improvements of its gross profit margin and in its operating expense management.

“Looking ahead, we are confident in our ability to maintain our dominant market position in hardware business, grow our software platform through expansion in user base and activity levels and continue investing to scale up our fast-growing, high-margin services business,” Razer founder Min-Liang Tan said.

The revenue of the Singapore-based company is expected to record a 40% YoY growth for FY2020 due to the broad-based growth across the Razer ecosystem of hardware, software, and services.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia