The company’s financial documents indicated that broadcasting revenue contributed more than $50.1 million to the total, with more than 97% of its total revenue consisting of the transfer of goods or services ‘over time’.ĭespite these losses, ONE Championship has expressed confidence in its future profitability. In 2021, ONE Championship suffered losses of $111 million, while its revenue reached $67.7 million, up 19% year-over-year. However, it has been revealed that the actual revenue for 2022 was likely only around $5-8 million.ĭespite losing hundreds of millions, ONE is always on the verge of profitability within 1-2 years, every year. The company claimed to have made significant revenue gains, with a reported revenue of around $80 million for 2022. ONE Championship, one of Asia’s largest sports media properties, has recently come under scrutiny for its reported revenue figures.
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