Glory Sports International
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Glory Sports International - overview
Established
2010
Location
Singapore, -, Singapore
Primary Industry
Internet
About
Glory Sports International is a prominent organizer of high-level kickboxing events, engaging audiences through live competitions and broadcasts, while promoting elite fighters in the global kickboxing community. Founded in 2010 in Singapore, Glory Sports International specializes in organizing and promoting kickboxing events. The company has completed 3 deals, with its most recent being a Series B funding round, where it raised USD 34. 78 mn led by Yao Capital.
The company is currently valued at USD 97. 05 mn. Bas Boon and Marcus Luer are the founders, while Ege Derin serves as the CEO. GLORY Kickboxing primarily offers high-level kickboxing events and competitions, showcasing elite fighters and engaging audiences through live matches and broadcasts.
Their core product includes organizing and promoting events such as GLORY 102: Last Featherweight Standing, featuring qualifying bouts and title fights. The company targets a diverse client base that includes fighting enthusiasts, sports fans, and potential sponsors, primarily in North America, Europe, and parts of Asia, including Japan. Additionally, GLORY provides ticket sales for events and has developed an online platform for streaming past fights, enhancing the viewing experience for consumers. In the most recent year, 2017, Glory Sports International reported a revenue of USD 6,421,012, along with an EBITDA of USD -11,557,293.
The company generates revenue through ticket sales for live events, merchandising, and broadcasting rights, engaging directly with consumers through its ticketing platform while exploring partnerships to expand visibility. In July 2018, Glory Sports International raised USD 34. 78 mn in a Series B financing round, led by Yao Capital, with participation from Liberty Global and Twin Focus Capital Partners. This funding supports the company's strategy to develop new products and expand into new markets.
Glory plans to enhance its event offerings and increase its presence in North America and Asia by 2020. The recent investment will facilitate these initiatives, enabling Glory to capitalize on its market positioning and continue promoting elite kickboxing events.
Current Investors
Liberty Global Plc, TwinFocus, Yao Capital
Primary Industry
Internet
Sub Industries
Professional Sports/eSports, Web Applications, Music & Video Streaming Software
Website
www.glorykickboxing.com
Company Stage
Series B
Total Amount Raised
Subscriber access only
Glory Sports International - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 |
|---|---|---|---|---|---|
| Revenue (USD) | 3,228,326 | 2,811,968 | - | - | - |
| % Revenue Growth (YoY) | - | (12.9%) | - | - | - |
| EBITDA (USD) | (25,480,129) | (13,749,162) | - | - | - |
| Operating Income (USD) | (26,858,447) | (14,630,920) | - | - | - |
| Operating Margin | (832.0%) | (520.3%) | - | - | - |
| % EBITDA Margin | (789.3%) | (489.0%) | - | - | - |
| NET Income (USD) | (26,953,513) | (20,799,360) | - | - | - |
| % Net Margin | (834.9%) | (739.7%) | - | - | - |
Glory Sports International - employee data
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