Revenue at brothers YouTube gaming venture touches €1m

almost 4 years in The Irish Times

Revenue at the online gaming firm operated by YouTubers, Ryan and Scott Fitzsimons last year almost topped €1 million.
Accounts show that their company Little Lizard Ltd last year recorded revenues of €972,310 or €18,698 per week as it benefited from growing numbers turning to online gaming during Covid-19 lockdowns. 
This represents a 9 per cent increase on the revenues of €890,722 recorded in 2019.
The Fitzsimons only turned 30 in March and over the last six years the twins have received €7.8 million in pay from their company.
The brothers, howetook a €304,035 or a 43 per cent pay cut last year with directors’ pay reducing from €706,874 in 2019 to €402,839 last year.
The wage cut for the two contributed to Little Lizard recording a pre-tax profit of €103,115 in 2020 and this followed Little Lizard recording a pre-tax loss of €63,679 in 2019.
However, the duo cushioned the cut by taking out a dividend of €55,000 last year.
At the end of 2020, the Co Meath registered company was sitting on accumulated profits of €422,422. The company’s cash pile reduced sharply from €123,691 to €16,950.
The twins paid themselves a total of €4.1 million over 2016 and 2015 – €2.2 million in 2016 and €1.8 million in 2015.
The two uploaded their first Minecraft video in June 2012 and today their Littlelizard Adventure channel boasts 4.1 million subscribers.
Over the past nine years, the channel has been viewed a staggering 2.63 billion times.
The brothers’ working lives involves playing modified versions of the Minecraft game with friendly and humorous voice-overs that started out as a hobby.
The Fitzsimons make most of their income from advertising on their channel and direct payments from YouTube based on the number of views of their videos.
In the Minecraft world they inhabit, Ryan’s character is known as Little Lizard while Scott is Tiny Turtle.
The brothers tend to play modified versions  of the mega-selling Minecraft based on popular games, TV shows, movies or sometimes original ideas.

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