Key financial highlights for Q3 2024 and Q2 2024, page-3

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billytang

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20/12/24

17:02

Post #: 77143129
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Originally posted by wop9rs: ↑

Key financial highlights for Q3 2024 and Q2 2024 (unaudited,non-IFRS measures)
Bookings YTD through Q3 2024 totaled US$209 million, reflecting strong performance through a volatile year as outlined below.
Bookings (1) of US$69 million in Q3 2024 and US$48 million in Q2 2024, compared with US$26 million in Q3 2023 and US$162 million in Q2 2023. Bookings in the third and second quarter of 2024 include the following:
US$25 million in Q3 2024 and US$16 million in Q2 2024 from Digital Asset Advisory (DAA), which includes fees from token advisory, blockchain node operations, and market activities;
US$39 million in Q3 2024 and US$14 million in Q2 2024 from Web3 Operating Businesses of subsidiaries and projects incubated by the Company, which include token-based sales, in-app purchases, and other non-blockchain sales;
US$5 million in Q3 2024 and US$17 million in Q2 2024 from Investment Management, which includes realized gains from digital asset investments and management fees from Animoca Ventures.
Operating expenses of US$59 million (2) and US$52 million in Q3 2024 and Q2 2024, respectively, compared with US$60 million and US$65 million in Q3 2023 and Q2 2023, representing a 1.7% decrease in expenses YoY in Q3 2024 and 20% decrease YoY in Q2 2024.Asset balances as of 30 September 2024 include the below:
Cash and stablecoin balances of US$248 million;
Liquid third-party digital assets of US$330 million, composed of US$218 million in available-for-sale assets and US$112 million from unvested tokens in the balance sheet. Major liquid tokens held on the balance sheet include ETH, BTC, APE, and others;
Off-balance sheet token reserves of US$1.6 billion, comprising tokens issued by Animoca Brands majority-owned Web3 subsidiaries and projects launched by Animoca Brands. These reserves include tokens such as SAND, EDU, MOCA, REVV, TOWER, GMEE, and others.
Minority investments in over 530 portfolio companies as of the end of Q3 2024, which includes investments made by Animoca Ventures.

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Hopefully it will return to +$4 soon
AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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Key financial highlights for Q3 2024 and Q2 2024, page-3

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