Sunday, December 15, 2024

Tokens.com: Reports Financial Results for Fiscal Year 2022

Tokens.com: Reports Financial Results for Fiscal Year 2022

  • Tokens.com is a publicly traded technology company that invests in
    web3 assets and builds web3 businesses
  • Pleased to report its financial results for the nine-month fiscal year ended September 30, 2022 (“FY2022”)
  • Year-end cash balance of $5.8 million and digital assets – cryptocurrency balance of $7.3 million
  • Total revenue for the nine-months ended September 30, 2022 of $678k,
    or CAD$929k
  • Acquisition of Playte Group, a company that builds tools to power the
    play-to-earn gaming economy
  • Also impacting valuations is the uncertainty related to energy prices, climate
    change and supply chain disruptions

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