Known for its peripherals and accessories for gamers, Razer has announced a profitable year and record revenue for 2020: last year closed at $ 1.2 billion despite the epidemic, which is 2019 It covers a 48% increase in sales revenue and a profit of $ 800,000
The benefit of their revenue is due to the strengthening of their hardware division: compared to 2019, revenue on this front increased by 51.8%, so 1 , Reached $ 08 billion. On this basis, the company continues to be a market leader in the Americas as well as in Europe, China and the Asia-Pacific region.
Although they did not provide revenue data for their software (only that 123 million users which is almost 54% more than in 2019), but it turned out that their service division also went big in 2020, where revenues increased by 66.8% in one year, so services
In addition, the Singapore-American company reported positive operating cash flow ($ 152.9 million), $ 600 million in cash and zero debt.
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