Cybershoke books show nearly 1 million dollars spent on the CS team

A second-division CS team’s books show esports burns cash fast, and even giants bleed.

CYBERSHOKE spending reality

• Founded in 2023, operating from Belgrade since 2024.
• Total spend reached $942,675 across about two and a half years.
• Salaries were $504,411, dwarfing every other line item.
• Buyouts $181,700 and housing $126,625 piled on.

Revenue did not catch up

• Revenue totaled $620,110 across sponsorships, transfers, prizes, and jerseys.
• Annual intake rose yearly from 2023 through 2025.
• The gap closed as a $322,565 loss.

Big names are not immune

• G2 Esports posted tens of millions in revenue, yet operating losses followed.
• Payroll climbed while margins sank.
• Fnatic logged a €6.37 million net loss.

Rare cases breaking even

• Global Esports claimed profit for the 2024 financial year.
• Founder Rushindra Sinha cited $2 million in cash collected.
• Riot Games' partnership drove fourfold growth via VALORANT.
• Nongshim Esports signaled its first operating profit by late 2025.