Lingerie Fighting Championships, Inc.

Lingerie Fighting Championships, Inc. is a U.S.-based sports entertainment and media company built around the LFC league, which stages live events featuring women competing with wrestling and MMA techniques for mature audiences. The company also monetizes its brand through televised programming, digital distribution, sponsorships, merchandise, and subscription access on its own website.

−215,2 %

−14,0 %

−272,0 %

+56,8 %

0.01

0.01

— Lingerie Fighting Championships, Inc.
%
Live events45% Ticketed and promoted live fight entertainment events staged in the U.S. and abroad.
Broadcast and digital content20% Televised programming, video-on-demand, and digital distribution of LFC content.
Sponsorship and advertising25% Brand sponsorships and advertising tied to events, media, and social reach.
Subscriptions5% Direct-to-consumer access through the company's subscription website.
Merchandise5% Branded apparel and collectibles such as t-shirts and calendars.

The company sells to mature entertainment audiences that follow combat-sports-style content, as well as viewers who...

  • Live event attendeesprimary

    Fans who buy tickets to LFC shows for live combat-entertainment experiences.

  • Digital viewers and subscribersprimary

    Consumers who watch via the subscription website, VOD, or digital channels.

  • Broadcasters and media partnerssecondary

    Networks and platforms that distribute LFC programming to reach wider audiences.

  • Sponsors and advertisersprimary

    Brands that pay for association with the league, events, and social media reach.

  • Merchandise customerssecondary

    Fans buying branded products such as t-shirts and calendars.

LFC is headquartered in Las Vegas, Nevada, and its business is centered on U.S. operations but includes international...

  • •Headquartered in Las Vegas, Nevada, with U.S. corporate operations
  • •UK events are a key international market for live show expansion
  • •London event activity has been highlighted as a major recent success
  • •Revenue is tied to where events are staged and where media is distributed
  • •International touring increases promotion and production cost exposure

The company is focused on growing the LFC brand by increasing live event frequency, expanding media distribution, and...

01
Grow live event footprintshort-term

Live events are the core brand-building and revenue engine.

02
Expand media distributionshort-term

Broadcast and digital reach increase audience size and monetization options.

03
Monetize audience growthmedium-term

A larger social following supports sponsorship, advertising, and direct sales.

04
Broaden brand partnershipsmedium-term

Partnerships can improve event scale and reduce reliance on one revenue stream.

LFC depends on a niche entertainment format, so demand can be volatile and tied to audience acceptance, sponsor...

high

Audience and brand acceptance risk

The business relies on a niche combat-entertainment format that may not scale broadly.

Scope
Live events, subscriptions, and media distribution
Materiality
high
high

Sponsorship and advertising volatility

Management said lower advertising and sponsorship revenue reduced revenue in 2025.

Scope
Core monetization stream
Materiality
high
high

Event cost inflation

UK events increased production and promotion costs and pressured gross profit.

Scope
Live event margins
Materiality
high
medium

Financing and dilution risk

The company has funded operations with convertible notes, which can dilute shareholders and add complexity.

Scope
Capital structure and earnings per share
Materiality
high
medium

Derivative valuation risk

Convertible instruments may require fair value accounting for embedded derivatives.

Scope
Reported earnings and balance sheet volatility
Materiality
medium
Revenue recognition
Event, sponsorship, and subscription revenue may be recognized at different points
Convertible financial instruments and derivatives
Fair value changes can create large non-cash gains or losses
Intangible assets
Could lead to write-downs if expected cash flows weaken
Seasonality and event timing
Quarterly results can be uneven and less comparable

Liberty Live Holdings, Inc.

LLYVA · Services-Amusement & Recreation Services

Liberty Global Ltd.

LBTYA · Cable & Other Pay Television Services

Liberty Media Corp

FWONA · Television Broadcasting Stations

Playboy, Inc.

PLBY · Retail-Miscellaneous Retail

OZ VISION INC.

UNXP · Transportation Services

Live Nation Entertainment, Inc.

LYV · Services-Amusement & Recreation Services

: 28/04/2026