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Razer Reports Full Year 2021 Earnings

Razer ("Razer" or the "Company", together with its subsidiaries, the "Group", Hong Kong Stock Code: 1337), the leading global lifestyle brand for gamers, announces its full year results for the financial year ended 31 December 2021 ("FY2021").

"As we navigate the uncertainties and challenges attributable to geopolitical tensions, macro environment as well as the ongoing COVID-19 pandemic, we expect the lingering industry-wide supply chain shocks to continue to have an ongoing impact on our business, with freight and logistics to remain a challenge through 2022. On the demand front, we saw a deceleration in the growth momentum for our products and services since the second half of 2021 compared to exceptional growth in the prior year, we expect this trend to continue through 2022 as a result of the high base effect seen in 2021," said Min-Liang Tan, Co-Founder and CEO of Razer.

Razer Launches RazerStore Rewards program

Today Razer launched the RazerStore Rewards program, which offers gamers even more opportunities to earn Razer Silver with every purchase at Razer.com or any of the RazerStores around the world*. Razer Silver is Razer's loyalty rewards program designed for gamers worldwide. Gamers can rack up Razer Silver across multiple Razer platforms - whenever they play on Razer Cortex, recharge games with Razer Gold, and now with every spend on Razer.com and at RazerStores.

Razer Silver can be redeemed for a plethora of Razer gear as well as entertainment and gaming credits across 300+ content titles, including PUBG and Mobile Legends: Bang Bang. With the addition of RazerStore Rewards, gamers can now enjoy a more seamless redemption experience and rack up more Razer Silver to redeem prized rewards such as the Razer Iskur or Enki gaming chairs.

Step into the Fantasy World of Genshin Impact with Razer

Razer, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced a new strategic partnership with global interactive entertainment developer and publisher, miHoYo for its free-to-play, award-winning title, Genshin Impact. As part of this partnership, Razer and miHoYo will further immerse gamers in the open-world action role playing game title through licensed co-branded peripherals, Razer Chroma RGB integration and product support such as a custom-tuned THX Game Profile to enhance the gaming experience.

"The beautiful world of Genshin Impact has encapsulated many fans globally and the opportunities are boundless," said Justin Cooney, Director, Global Partnerships at Razer. "Through this partnership, Razer will provide our expertise in deepening the gamer's immersive experience through our award-wining hardware, software and services, and bring the adventure to life."

Razer Crosses the USD 1 Billion Revenue Milestone and Turns Profitable in FY2020

Razer ("Razer" or the "Company", together with its subsidiaries, the "Group", Hong Kong Stock Code: 1337), the leading global lifestyle brand for gamers, announces its full year results for the financial year ended December 31, 2020 ("FY2020"). "2020 was a stellar year for Razer and one that marked an inflection point for the business. Despite the global market uncertainty caused by the COVID-19 pandemic, Razer crossed the US$1 billion revenue milestone and turned profitable on a GAAP basis, ahead of all expectations. This performance reflects our dominant brand position, compelling offerings across our ecosystem of hardware, software and services, and strong execution. We intend to carry on the momentum and the strength of our operations into 2021 as we continue to seek to deliver both outsized revenue growth and continued profitability in 2021, and beyond," said Min-Liang Tan, Co-Founder and CEO of Razer.

"In addition to delivering a strong set of results for full year 2020, we remain a global Environmental, Social and Corporate Governance ('ESG') leader in the corporate space. We are not just fully compliant with the ESG standards set out by the Hong Kong Stock Exchange but have gone above and beyond to outline how we, as one of the largest youth and millennial brands in the world, intend to contribute towards a more sustainable future in our #GoGreenWithRazer manifesto," he said.

Razer Beats Expectations With Record High Revenue and Positive Adjusted EBITDA for 1H 2020

Razer, the leading global lifestyle brand for gamers, announces unaudited financial results for the six months ended 30 June 2020 (1H 2020). "2020 has been a year like no other for all of us around the world. Despite the global market uncertainty caused by the COVID-19 pandemic, Razer has had a spectacular start to the year, driven by dominant brand position, user base expansion and stay-at-home trends," said Min-Liang Tan, Co-Founder and CEO of Razer.

"The global "stay-at-home" situation has boosted user engagement with gaming and esports to record levels. With our gamer/ youth-centric ecosystem of hardware, software and services, Razer is well-positioned to capture the opportunities of these secular trends. The fundamentals of our business remain as solid as ever, thanks to our entrenched brand leadership, compelling offerings across hardware, software and services and strong execution. We are confident that these factors, coupled with our strong operating cost discipline and our strong cash position of over US$500 million, put us in good stead, even during times of challenging global economic conditions," he added.

Razer Gold Announces Global Partnership with NetEase Games

Razer, the world's leading lifestyle brand for gamers, is pleased to announce that the Razer Gold virtual credits platform is adding leading Chinese gaming company NetEase Games to its strong lineup of partners. Razer Gold, one of the world's largest virtual credit services for gamers, is bringing in a new payment channel to NetEase Games' titles, and is working with NetEase Games to bring more special offers to gamers.

The global partnership between Razer Gold and NetEase Games further consolidates Razer Gold's position as a preferred partner for games and content companies, especially in emerging markets. Titles developed by NetEase Games, including the bestselling hit "Rules of Survival1" on both PC and mobile versions, will be powered by Razer Gold across all markets. Gamers can make in-game purchases with Razer Gold and score exclusive Razer-branded in-game items by topping up with Razer Gold. Razer Gold will work closely with NetEase Games to bring a suite of exclusive and highly-customized offers to gamers, leveraging Razer's brand position and unique understanding of gamers' behavior.
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