Scout Gaming’s revenue fell by 69% for Q2, a widening year-on-year decrease when compared to the first quarter.
In total, the company generated SEK 4.3m ($407,856) in second quarter revenue, less than half of what Scout produced for both the prior-year period and previous quarter, when it recorded SEK 13.9m and SEK 12m respectively.
This in turn further impacted the company’s profitability. While Scout recorded a loss of almost SEK 17m for Q2 of 2021, this has since widened to SEK 27m.
These results come amid a major restructuring programme. In late June, the company said it would undertake an “extensive change,” including a “significant reduction in the number of employees and consultants.”