- Goldmoney (OTCPK:XAUMF +5.3%) reports FY revenue growth of 9.3% Y/Y to C$572.4M.
- For Q4, Precious Metal revenue of C$140.5M (+10.2% Q/Q), highlighting strong organic growth and consistent outperformance versus industry peers in precious metals dealing.
- Also, Cryptocurrency revenue for Q4 was C$30.6M, an increase of 36.6% Q/Q for an organic business built and deployed internally.
- Fully-Reserved Precious Metal Loan Portfolio of C$19.5M (+126.7% Y/Y).
- Cash and Tangible Capital increased 90% Y/Y to C$111.5M.
- 68% Per-Share Y/Y growth in gold-denominated Tangible Capital per share, highlighting management’s focus on a positive Return on Metal Weight on an annual basis.
- “Looking ahead to Fiscal 2019, we hope to deliver another year of strong per-share ROMW gains as we deliver on our group’s investments in Menē and its spinout on the TSX Venture and BlockVault and our first corporate clients in institutional crypto-custody launching this summer.” said Josh Crumb, Founder and Chief Strategy Office.
- Previously: Goldmoney reports FY results (June 22)
- Now read: Hercules Capital: This 5.25% Baby Bond Has Begun Trading On The NYSE
Original article