Q1-2024 Financial and Operating Highlights
The Company achieved revenue of
Total cash and cryptocurrency holdings of
Staking revenue was
Services revenue of
Operating expenses were
A non-cash gain on revaluation of digital assets of
Net income and comprehensive income for Q1-2024, attributable to the owners of
Earnings per share of
On
On
'Difficult decisions were made in December and January regarding
'These businesses were struggling and required further substantial investment to survive. Capital for those businesses would have needed to come from a dilutive financing or from selling our crypto inventory. A better solution was found by selling the assets to StoryFire. This transaction places the assets in the hands of a larger, well capitalized platform.
A complete financial reporting package, including the Unaudited Condensed Consolidated Interim Financial Statements and Management's Discussion & Analysis, is available on our corporate website (www.tokens.com), and the SEDAR website (www.sedar.com).
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About
Forward-Looking Statements
This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
Contact:
CEO
Email: contact@tokens.com
Head of Communications
Email: contact@tokens.com
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