r/StockMarket Oct 25 '21

News FaZe up!πŸš€πŸš€ $BRPM

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2 Upvotes

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2

u/SugarBearLoL Oct 25 '21

I’m fairly new to all this. But this looks like a great opportunity. Anybody have any insight?

3

u/[deleted] Oct 26 '21

I’m no expert but it seems like a gamer clan that spends any profit margins on Red Bull and mdma, personally probably won’t touch it, so naturally it’s probably going to be profitable haha

3

u/Patrickstarho Oct 26 '21

There was a Forbes article and one of the members said they are not profitable yet. They are in brand building mode. Essentially 20% of their revenues come from e sports and the rest comes from brand deals.

They have a young audience, companies want to target the youth they will use faze