Finnish organization ENCE has shared its financial report for the year 2022, boasting record-breaking profits.

ENCE CEO Miki Kuusisto believes that this success is the result of the "Louvre Agreement" signed in 2020, which made the club a partner of ESL in CS:GO tournaments. He also attributes the increase in profits to the team's performance in majors and revenue from sticker sales.

It is worth noting that ENCE has achieved second place three times in major tournaments over the past two years, including ESL Pro League Season 15 and IEM Dallas 2022.

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The organization's total revenue in 2022 exceeded 4 million euros. The previous record (2.7 million euros in revenue) was set in 2019 when the roster with Aleksib and sergej was among the top five teams in the world, enjoying the peak of their popularity.

As for net profit, the previous record for this indicator was 169,000 euros in 2021.

Source: Ilta-Sanomat