SUBSCRIBERS

Razer posts US$46.2m net profit in FY2021, but warns of slowing momentum

Total revenue for the year up 33.3% at US$1.62 billion on strong demand for mice, keyboards, audio devices

Sharanya Pillai

Published Fri, Mar 18, 2022 · 05:50 AM

Singapore

SUSTAINED demand for gaming and remote work hardware drove net profit at Razer to US$46.2 million in FY2021 ended December, up from US$5.6 million the year prior. Notably, sales of its information technology (IT) peripherals crossed the US$1 billion mark.

Razer's total revenue for the year rose 33.3 per cent to US$1.62 billion, on the back of strong demand for its mice, keyboards and audio devices, the US and Singapore-headquartered company disclosed on Thursday (Mar 17).