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FaZe Clan Reveals $9.2m Loss In Business Update

In the last year, FaZe Clan has gone from strength to strength. From its esports teams winning countless victories to being one of the first brands of its kind to be listed on the NASDAQ, FaZe Clan has climbed to impressive, new heights in the last twelve months. However, in the first financial update posted since FaZe Clan was listed on the NASDAQ, the firm revealed a net loss in Q2 of 2022 worth some $9.3m.

If we look back through 2022, we can pick out partnerships between FaZe Clan and the likes of DoorDash and the NFL, and a whole host of new content creator signings. There is a huge amount planned for FaZe, according to the leadership team, and in the coming months, the organisation is going to push into new realms, according to CEO, Lee Trink:

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