HEROIC Claims Profitability in 2024. A Rare Feat in Esports

2024 was a rollercoaster year for esports organizations, but for HEROIC, it was their best one yet. While many teams boasted impressive revenue figures, few could confidently say they were profitable. HEROIC, however, hit that milestone, officially reaching profitability for the first time, putting them in an elite category within the industry.

So, what made HEROIC stand out in a year where even some of the biggest names in esports struggled to balance the books?

Breaking Down HEROIC’s Success

HEROIC’s 2024 wasn’t just about making headlines in competition—it was about smart business moves that secured long-term stability. Here’s how they pulled it off:

Record-High Revenue & EBITDA

HEROIC’s financials hit all-time highs, with record sponsorship income, lucrative player transfers, and successful agency work playing a major role in their bottom line. They executed high-profile campaigns across multiple industries, proving their value beyond just esports.

Esports Excellence

In competition, HEROIC delivered massive results:

• 2nd place at the Fortnite World Championship
• 3rd place at the Esports World Cup
• A $1 million Dota 2 tournament victory, making them the first LATAM team to win a major international title in their first year competing in the game

Brand Growth & Fan Engagement

HEROIC didn’t just perform well on the server, they built one of the most engaged fanbases in esports. They racked up 400 million+ social media impressions, refined their brand, and significantly grew their follower count, strengthening their appeal to partners and sponsors.

Mastering the Transfer Market

Player transfers have become an increasingly vital revenue stream for esports orgs, and HEROIC capitalized on it. Their ability to develop and sell top-tier talent led to record-high revenue from player transactions, further cementing their sustainable approach to team building.

Esports Profitability: A Rare Achievement

HEROIC wasn’t the only organization pulling big numbers in 2024, but profitability remained elusive for most teams. While giants like Team Secret ($12M), OG ($11M), and T1 ($10M) raked in revenue, their profitability status remained uncertain. HEROIC, on the other hand, explicitly claimed profitability, proving that their financial model is working.

Their partnerships with Joma and Polkadot, along with initiatives like the Path to Pros tournament, helped set them apart. In an industry where many orgs are still figuring out how to turn revenue into profit, HEROIC cracked the code, a major statement for both investors and competitors.

What’s Next for HEROIC in 2025?

With momentum on their side, HEROIC is looking to keep the streak going into 2025. Their game plan? Delivering top-tier content, securing high-value partnerships, and maintaining competitive excellence. If they can sustain this trajectory, HEROIC could become a case study in how to build a profitable esports org, something the industry desperately needs more of.