How Much Is Optic Gaming Worth - (Step By Step) Guide.

American esports group OpTic Gaming was established in 2006. Teams from the organization play in esports events for games, including Call of Duty, Counter-Strike: Global Offensive, and Overwatch. OpTic Gaming's net worth was about $1.3 million as of 2023. 

OpTic Gaming also has a large number of sponsors. Brands like Scuf Gaming, Gymshark, Turtle Beach, and Brisk Mate, to mention a few, support them. They have won the X Games twice (years 2014 and 2015).

The following steps will show you how to calculate OpTic Gaming's value: 

1. Calculate OpTic Gaming's revenue: 

By examining their sponsorships, merchandise sales, and tournament victories, it is possible to determine OpTic Gaming's revenue. OpTic Gaming generated an estimated $11 million in sales in 2018, according to Forbes.

2. Determine the organization's costs: 

OpTic Gaming's expenses include player, coach, staff wages and equipment, travel, and other operating costs. According to a Forbes estimate, OpTic Gaming spent about $9.5 million in 2018.

3. Determine the company's net income: 

OpTic Gaming's net income is calculated by subtracting expenses from sales. According to estimations from Forbes, OpTic Gaming had a net gain of about $1.5 million in 2018.

4. Calculate the company's value: 

OpTic Gaming's value can be calculated by multiplying its net income by a certain number. The multiple chosen will be determined by several variables, including market conditions at the time, business trends, and the company's growth prospects. According to Forbes, the average multiple for esports firms in 2018 was around 13.6x. OpTic Gaming's projected worth in 2018 was around $20.4 million based on this multiple.

It should be noted that this is only an estimate, and OpTic Gaming's actual value may differ. Furthermore, the organization's value may have changed since 2018, so it's critical to gather up-to-date data to obtain a more accurate estimate.

Important Considerations

When estimating the value of an esports organization like OpTic Gaming, keep the following points in mind:

1. Revenue sources: 

Esports organizations earn money through various means, including sponsorships, merchandise sales, and tournament winnings. When estimating an organization's revenue, it's critical to consider all of these sources.

2. Expenses: 

Esports organizations incur various costs, including player salaries, equipment, and travel expenses. When calculating the organization's net income, these expenses must be considered.

3. Net income: 

An esports organization's net income is the revenue minus the expenses. This is an important metric to consider when determining an organization's worth.

4. Market conditions: 

The value of an esports organization can vary depending on current market conditions, industry trends, and the company's potential for growth.

5. Multiples: 

Multiples estimate a company's value based on its net income. The multiple users will be determined by various factors, including the company's industry, growth potential, and profitability.

6. Up-to-date information: 

When estimating the worth of an esports organization, it is critical to gather up-to-date information because the value may have changed since the last estimate.

7. Competition: 

Esports is highly competitive, and an organization's competition can affect its value. The success of a team, as well as its ability to win tournaments and attract fans consistently, can have a significant impact on the organization's worth.

8. Brand recognition: 

In esports, brand recognition is essential because it can help attract fans and sponsors. Esports organizations with strong brands are generally more valuable than those without.

9. Team roster: 

The strength of a team's roster can also affect an esports organization's value. Teams with top-tier players and coaches are more valuable than those without.

10. Investments and acquisitions: 

These factors can also affect an esports organization's value. Acquisitions may be motivated by the desire to bring in talented players and coaches, but investors may be more likely to invest in a team with a proven track record of success.

11. growth potential: 

The potential for growth of an esports organization is also an essential factor to consider. As the esports industry expands, organizations well-positioned to capitalize on this expansion may be worth more than those not.

12. Market size:

 The market size for a specific esports title can also affect an organization's value. Esports organizations that compete in popular tags with large fan bases are generally more valuable than those that compete in less popular titles.

Overall, determining the value of an esports organization such as OpTic Gaming necessitates carefully considering various factors. It is possible to arrive at a reasonable estimate of the organization's worth by considering these factors.

Also Read: What Country Invented Esports?