SAINT HELIER, Jersey, Feb. 13, 2024 /PRNewswire/ — CoinShares International Limited (“CoinShares” or “the Group”) ((Nasdaq Stockholm: CS, OTCQX:CNSRF), the leading European alternative asset manager specialising in digital assets, has today published its results for the quarter ending 31st December 2023.
Jean-Marie Mognetti, Chief Executive Officer of CoinShares said:
“After refining our strategy back in 2022, we’re now navigating the correct course. As 2023 unfolded, we’ve been delighted to see the numbers validating our approach, with our EBITDA remaining robust throughout the year, particularly in Q4.
Yet, it’s not solely about the numbers; it’s the cohesive effort of every business unit and corporate function that has driven this success.
2023 has emerged as our second-best year on record, a confirmation of the solidity of our strategies and operational strength.
Our focus now is to leverage this momentum, aiming to expand globally and position CoinShares as the definitive one-stop shop for digital asset investment worldwide.”
Q4 2023 financial highlights
Q4 revenue, gains and other income of £33.3 million (Q4 2022: £14.3 million)
Q4 adjusted EBITDA of £25.7 million (Q4 2022: negative £23.8 million)
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