Financial filings lodged with the Australian Securities & Investments Commission show Easygo’s balance sheet now reflects net assets exceeding $3.3 billion.
Easygo Group, an Australian tech company, has revealed the scale of its operations behind one of the fastest-growing crypto gambling and streaming businesses in the world. The company announced a net profit of AUD 257 million ($171 million) for the year ending June 30.
This puts the private firm among the most profitable unlisted companies in the country in 2025. As reported by The Australia, the company paid around AUD 152 million ($102 million) in corporate tax during this period. It achieved this result on revenue of about AUD 970 million ($645 million).
Ed Craven runs a company he started, Easygo, with his US-based partner Bijan Tehrani. EasyGo gives tech, infrastructure, as well as operational support to their other digital ventures. Their main projects are a crypto casino, Stake.com, and a live-streaming service, Kick. These operations are believed to make up most of the wealth of Craven, which reaches into the billions.
Based on financial records sent to the Australian Securities & Investments Commission, the balance sheet of Easygo now shows net assets over AUD 5 billion or $3.3 billion. After a major shakeup in 2024, this big jump came. The company took on a large set of assets and debts in exchange for giving new shares to the founders. This move seems to bring together their global betting, as well as media businesses under one roof.
The Melbourne company had 636 employees during the report period. It also keeps hiring lots of people for tech jobs. According to Easygo, it will move its main office from the city center to a new building in Cremorne next year. This change should let them bring on a lot more employees.
