Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue78¢$54.9M
- Other costs22¢$15.1M
Out of $70.0M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenue | $52.9M3 | $70.0M3 | |
| Cost of revenue | $43.9M3 | $54.9M3 | |
| Gross profit | $9.0M3 | $15.1M3 | |
| Operating expenses | $191.2K6 | ||
| Operating income | -$31.5M3 | -$48.7M3 | |
| Income tax | $03 | $03 | |
| Net income | -$36.9M3 | -$168.5M3 | |
| Earnings per share | -$1.923 | -$4.233 | |
| Earnings per share (diluted) | -$1.923 | -$4.233 | |
| Shares (weighted, basic) | 19.2M shares3 | 39.9M shares3 | |
| Shares (weighted, diluted) | 19.2M shares3 | 39.9M shares3 |
| Fiscal year | 2020 | 2021 | 2022 |
|---|---|---|---|
| Cash | $25.0K7 | $17.0M3 | $37.2M3 |
| Receivables | $6.3M3 | $8.5M3 | |
| Inventory | $6.0K3 | ||
| Current assets | $105.0K7 | $34.1M3 | $58.7M3 |
| Property, plant and equipment | $925.0K3 | $3.8M3 | |
| Intangible assets | $738.0K3 | $848.0K3 | |
| Total assets | $105.0K7 | $37.1M3 | $67.2M3 |
| Short-term debt | $3.1M3 | ||
| Current liabilities | $81.4K7 | $39.4M3 | $19.4M3 |
| Total liabilities | $81.4K7 | $110.3M3 | $20.5M3 |
| Retained earnings | -$112.4M3 | -$280.9M3 | |
| Shareholders’ equity | -$72.5M3 | -$106.9M3 | $46.8M3 |
| Shares outstanding |
Corporate structure
FaZe Holdings Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FaZe Holdings Inc.
- Beryl Capital Management LLC Filed SC 13G/A on FaZe Holdings Inc., latest Feb 13, 2023 (2 filings since Jul 15, 2022)
- Weiss Asset Management LP Filed SC 13G/A on FaZe Holdings Inc., latest Jan 30, 2023 (3 filings since Feb 3, 2022)
- Nicholas Sheridan Lewin Filed SC 13D/A on FaZe Holdings Inc., latest Jan 27, 2023 (2 filings since Jul 29, 2022)
- Hubrick Ltd Filed SC 13G on FaZe Holdings Inc., latest Jan 20, 2023
- Cowen Financial Products LLC Filed SC 13G/A on FaZe Holdings Inc., latest Jan 11, 2023 (4 filings since Jan 14, 2022)
- COX ENTERPRISES INC ET AL Filed SC 13D on FaZe Holdings Inc., latest Aug 18, 2022
- Yousef Abdelfattah Filed SC 13D/A on FaZe Holdings Inc., latest Aug 5, 2022
- Michael Stang Treschow Filed SC 13G on FaZe Holdings Inc., latest Aug 4, 2022
- Lee Trink Filed SC 13D on FaZe Holdings Inc., latest Jul 29, 2022
- FaZe Holdings Inc. Los Angeles, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FaZe Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $5.4M3 Dec 31, 2022 | $1.7M3 Dec 31, 2021 | +219.5% |
| Accumulated depreciation | $1.6M3 Dec 31, 2022 | $779.0K3 Dec 31, 2021 | +108.3% |
| Property and equipment, net | $3.8M3 Dec 31, 2022 | $925.0K3 Dec 31, 2021 | +313.1% |
| Operating-lease assets (leased space) | $2.7M3 Dec 31, 2022 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $37.2M3 Dec 31, 2022 | $17.0M3 Dec 31, 2021 | +118.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $848.0K3 Dec 31, 2022 | $738.0K3 Dec 31, 2021 | +14.9% |
| Finite-lived intangibles, net | $848.0K3 Dec 31, 2022 |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $6.0K3 Dec 31, 2021 |
Leadership
Who has led FaZe Holdings Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerDaniel Shribman Feb 18, 2021 to Feb 18, 20218
- Chief financial officerChristoph Pachler Dec 20, 2022 to Jun 5, 20239
- Chief financial officerDaniel Shribman Feb 18, 2021 to Feb 18, 20218
- Chief operating officerChristoph Pachler Jun 5, 2023 to Jun 5, 202310
Board members and other officers (18)
- OfficerHelen Webb Jul 21, 2022 to Jul 21, 202211
- Chief Strategy OfficerKainoa Henry Jul 21, 2022 to Jul 21, 202212
- OfficerLee Trink Jul 21, 2022 to Jul 21, 202213
- OfficerZach Katz Jul 21, 2022 to Jul 21, 202214
- Board memberTimothy M. Presutti Feb 24, 2022 to Feb 24, 202215
- Board memberAndre J. Fernandez Jul 21, 2022 to Feb 26, 202416
- Board memberAngela Dalton Jul 21, 2022 to Feb 26, 202417
- Board memberBruce Alan Gordon Jul 21, 2022 to Feb 26, 202418
- Board memberCalvin Cordozar Broadus Jr. Jul 21, 2022 to Dec 16, 202219
- Board memberLee Trink Jul 21, 2022 to Jul 21, 202213
- Board memberMickie Rosen Jul 21, 2022 to Feb 26, 202420
- Board memberPaul Hamilton Jul 21, 2022 to Feb 26, 202421
- Board memberBryant R. Riley Feb 18, 2021 to Feb 25, 202122
- Board memberDaniel Shribman Feb 18, 2021 to Dec 16, 20228
- Board memberNicholas Hammerschlag Feb 18, 2021 to Feb 18, 202123
- Board memberRoss Levinsohn Feb 18, 2021 to Feb 26, 202424
- Board memberSamuel McBride Feb 18, 2021 to Feb 18, 202125
- General counselTamara Sue Brandt Jul 21, 2022 to Dec 21, 202226
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorNick Lewin named May 24, 202327
Former names
- B. Riley Principal 150 Merger Corp.Jan 8, 2021 to Jul 19, 20222
Timeline
- Feb 21, 20248-K Shareholder vote28
- Dec 22, 20238-K Entered a material agreement29
- Oct 20, 20238-K Entered a material agreement; Regulation FD disclosure30
- Sep 21, 20238-K Listing notice or transfer; Executive or director change31
- Sep 11, 20238-K Executive or director change; Regulation FD disclosure32
- Aug 30, 20238-K Executive or director change33
- Aug 14, 20238-K Results of operations34
- Jul 10, 20238-K Shareholder vote35
- Jun 23, 20238-K Executive or director change36
- Jun 14, 20238-K Other events37
- May 19, 20238-K Exit or restructuring costs; Regulation FD disclosure38
- May 17, 20238-K Executive or director change; Regulation FD disclosure39
- Feb 18, 2021New chief executive Daniel Shribman becomes CEO8
Calendar
When it reported results
- Aug 14, 2023Reported quarterly or annual results34
- May 15, 2023Reported quarterly or annual results40
- Apr 3, 2023Reported quarterly or annual results41
- Mar 31, 2023Reported quarterly or annual results42
- Feb 16, 2023Reported quarterly or annual results43
- Nov 14, 2022Reported quarterly or annual results44
- Aug 15, 2022Reported quarterly or annual results45
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
235 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 37 major events, 49 insider forms, 17 large holders, 1 private raises, 122 other. The latest 20:
- Mar 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 21, 20248-K CURRENT REPORT EDGAR
- Feb 6, 2024DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
- Jan 29, 2024DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
- Jan 26, 2024DEFM14A PROXY STATEMENT EDGAR
- Dec 22, 20238-K CURRENT REPORT EDGAR
- Nov 14, 2023424B3 PROSPECTUS SUPPLEMENT EDGAR
- Nov 14, 2023424B3 PROSPECTUS SUPPLEMENT EDGAR
- Nov 14, 202310-Q QUARTERLY REPORT EDGAR
- Oct 20, 2023424B3 PROSPECTUS SUPPLEMENT EDGAR
- Oct 20, 2023424B3 PROSPECTUS SUPPLEMENT EDGAR
- Oct 20, 2023DEFA14A CURRENT REPORT EDGAR
- Oct 20, 20238-K CURRENT REPORT EDGAR
The 235 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 0 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 21, 2022 | Brandt Tamara SueChief Legal Officer | Sale | 12,839 | $1.86 | $23.9K | Form 4 |
| Dec 20, 2022 | Brandt Tamara SueChief Legal Officer | Sale | 20,000 | $1.87 | $37.4K | Form 4 |
| Dec 19, 2022 | Brandt Tamara SueChief Legal Officer | Sale | 20,000 | $1.87 | $37.3K | Form 4 |
| Dec 16, 2022 | Brandt Tamara SueChief Legal Officer | Sale | 7,161 | $1.97 | $14.1K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Beryl Capital Management LLCSC 13G/A, 2 filings Jul 15, 2022 to Feb 13, 202346
- Weiss Asset Management LPSC 13G/A, 3 filings Feb 3, 2022 to Jan 30, 202347
- Nicholas Sheridan LewinSC 13D/A, 2 filings Jul 29, 2022 to Jan 27, 202348
- Hubrick LtdSC 13G, 1 filing Jan 20, 202349
- Cowen Financial Products LLCSC 13G/A, 4 filings Jan 14, 2022 to Jan 11, 202350
- COX ENTERPRISES INC ET ALSC 13D, 1 filing Aug 18, 202251
- Yousef AbdelfattahSC 13D/A, 1 filing Aug 5, 202252
- Michael Stang TreschowSC 13G, 1 filing Aug 4, 202253
- Lee TrinkSC 13D, 1 filing Jul 29, 202254
Money raised
Private offerings the company reported to the SEC on Form D.
- May 15, 2023Raised $250,000 in a private offering of equity Form D: $25.2 million offered in all Form D
SEC filer profile
How FaZe Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFaZe Holdings Inc.1
- CIK0001839360
- Employer ID (EIN)85-20816591
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7990 Services-Miscellaneous Amusement & Recreation1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address720 N. Cahuenga Blvd., Los Angeles, CA 900381
- Phone(818) 688-63731
- Shares outstanding77,501,183 as of Nov 3, 20235
- Public float$171.8M as of Jun 30, 20223
- On EDGAR sinceJan 8, 20211
- Filings265 in all: 425 (37), 8-K (36), 4 (34), 424B3 (28), 3 (20), CORRESP (16), UPLOAD (13), 10-Q (9)1
All 35 form types
S-1/A (7), S-4/A (6), SC 13G/A (6), DEFA14A (5), EFFECT (5), SC 13D (5), SC 13D/A (5), SC 13G (5), 8-K/A (4), S-1 (3), 10-K (2), 25-NSE (2), 4/A (2), NT 10-Q (2), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), D (1), DEF 14A (1), DEFM14A (1), DRS (1), NT 10-K (1), POS AM (1), PRE 14A (1), S-4 (1), S-8 (1)
- Latest filingsAnnual report (10-K) Apr 4, 2023
Quarterly report (10-Q) Nov 14, 2023
Proxy statement (DEF 14A) May 1, 2023
Latest 8-K (8-K) Feb 21, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11SEC EDGARHelen Webb, Officer
- 12SEC EDGARKainoa Henry, Chief Strategy Officer
- 13SEC EDGARLee Trink, Officer
- 14SEC EDGARZach Katz, Officer
- 15SEC EDGARTimothy M. Presutti, Board member
- 16SEC EDGARAndre J. Fernandez, Board member
- 17SEC EDGARAngela Dalton, Board member
- 18SEC EDGARBruce Alan Gordon, Board member
- 19
- 20SEC EDGARMickie Rosen, Board member
- 21SEC EDGARPaul Hamilton, Board member
- 22SEC EDGARBryant R. Riley, Board member
- 23SEC EDGARNicholas Hammerschlag, Board member
- 24SEC EDGARRoss Levinsohn, Board member
- 25SEC EDGARSamuel McBride, Board member
- 26SEC EDGARTamara Sue Brandt, General counsel
- 27
- 28SEC EDGARShareholder vote
- 29SEC EDGAREntered a material agreement
- 30
- 31
- 32
- 33SEC EDGARExecutive or director change
- 34SEC EDGARResults of operations
- 35SEC EDGARShareholder vote
- 36SEC EDGARExecutive or director change
- 37SEC EDGAROther events
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54