How much is Riot worth?

Interactive chart of historical net worth (market cap) for Riot Platforms (RIOT) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Riot Platforms net worth as of March 09, 2023 is $1.05B.

Is Riot a billion dollar company?

Riot Games has made $20 billion from just one video game. Now the success of Fortnite has the company scrambling to prove it can be more than just the decade-old 'League of Legends. '

Is Riot richer than Blizzard?

Activision Blizzard's brand is ranked #527 in the list of Global Top 1000 Brands, as rated by customers of Activision Blizzard. Their current market cap is $74.97B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.

How much does Riot make a year?

Riot Games revenue is $1.5B annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Riot Games has 2,500 employees, and the revenue per employee ratio is $600,000. Riot Games peak revenue was $1.5B in 2021.

Is Riot Games losing money?

This week it was revealed that Riot Games' League of Legends esports division hasn't turned a profit, according to The Washington Post. Riot Games head of esports John Needham told the publication told the publication that even though the decade-old league hasn't been profitable for the company, that's just fine.

Tyler1: How much is Riot Games worth?

Who is Riot Games biggest competitor?

Riot Games main competitors are Google, Zynga, and KIXEYE.

Is Riot Games doing well?

2021 was an incredible year for games overall and especially for Riot: more than 180 million monthly players around the world enjoyed Riot's games; hundreds of millions of players and newcomers alike joined us for the first season of Arcane; we held our most-watched Worlds ever; ran our first global championships for ...

Are Riot Games successful?

One of the world's most successful publishers, Riot has established solid multi-regional esports scenes with titles like League of Legends and VALORANT. Moreover, the company is also developing an ever-growing Wild Rift scene.

Does Riot make money from esports?

Riot Games generates the bulk of company revenue through in-game purchases, with these microtransactions earning approximately $31 per second. What's more, the company earns advertising and sponsorship revenue from game tournaments broadcast on YouTube.

How much debt does Riot have?

Debt Level: RIOT is debt free. Reducing Debt: RIOT has no debt compared to 5 years ago when its debt to equity ratio was 1.4%.

How Riot makes money?

How Riot Games makes money. Free-to-play games build their revenue on microtransactions, a type of digital commerce that has been an exorbitant success, especially in mobile games. League of Legends earns an average of $31 a second in microtransactions, or $2.64 million each day.

Did Amazon Buy Riot Games?

Amazon Prime Gaming has announced a multi-title partnership with game developer Riot Games. The deal sees Amazon Prime subscribers gain access to exclusive in-game items and cosmetics in League of Legends, League of Legends: Wild Rift, VALORANT, and Legends of Runeterra.

What is Riot's biggest game?

We Are Rioters. Riot Games was founded in 2006 to develop, publish, and support the most player-focused games in the world. In 2009, we released our debut title, League of Legends, to worldwide acclaim. League has gone on to be the most-played PC game in the world and a key driver of the explosive growth of esports.

Why is Riot Games so popular?

The primary reason for LoL's popularity is its accessibility. League of Legends is one of the first video games to introduce a free-to-play model to success. They released the game without any price tag. Instead, the company monetized through cosmetics that provided no in-game benefits aside from aesthetics.

What is the highest paying job at Riot?

Employees in engineering roles earn the highest wages at Riot Games, with an average salary of $117,897.

How much does Riot Games pay to quit?

Every worker that doesn't want to embrace the new strategy and decides to quit the company will receive 25% of their annual salary. Nicolo Laurent, CEO of Riot Games, shared details about this five-year plan in a blog post on January 11.

Is Riot a profitable company?

Riot Platforms Inc's trailing 12-month revenue is $289.9 million with a -175.8% profit margin. Year-over-year quarterly sales growth most recently was -33.9%. Analysts expect adjusted earnings to reach $-0.216 per share for the current fiscal year. Riot Platforms Inc does not currently pay a dividend.

Is Riot Games the biggest game company?

Riot Games, as the leading video game publisher globally, hit 2.3bn cumulative streaming hours watched in the nine months of 2020, revealed the Streamlabs and StreamHatchet data. The Los Angeles-based developer of the global eSports phenomenon League of Legends hit 462.7 million hours watched between January and March.

Is Riot a sell or hold?

Riot Platforms has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.