CoinShares Q1 financial report: Revenue of 9.4 million pounds, comprehensive total income of 2.9 million pounds.
BlockBeats news, on May 16th, cryptocurrency asset management company CoinShares released its Q1 financial report. The Q1 revenue was £9.4 million (approximately $11.78 million, compared to £18 million in Q1 2022), and the Q1 earnings and other income were £5.9 million (compared to £11.2 million in Q1 2022). The Q1 adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was £8.5 million (compared to £19.4 million in Q1 2022). The comprehensive total revenue for Q1 2023 was £2.9 million (compared to £20.7 million in Q1 2022).