Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn

blockchain.news:

Hong Kong-based Animoca Brands has released the company’s key unaudited financial and business highlights for the last three months of 2021 and the first four months of 2022.

According to the report, the blockchain gaming specialist ended bookings and other income of A$213 million (approximately US$148 million) on December 31, 2021, for three months. While A$827 million (approximately US$573 million) was closed on April 30, 2022, for four months.

Bookings include token sales, non-fungible token (NFT) sales and non-blockchain activities. The report added that other income includes gains/losses of investments and digital assets holdings.

The results include contributions from the company’s key business units, including The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games, REVV Motorsport, TOWER, Quidd, Lympo, and Forj (formerly Bondly), in addition to blockchain service revenue arising from portfolio investments and partnerships.

As of April 30, Animoca Brands’ portfolio investments were valued at over A$2.2 billion (approx. US$1.5 billion) across over 340 investments. While, the company also had a cash balance of A$141 million (approx. US$98 million) and digital assets holdings of A$304 million (approx. US$211 million) in the form of USDC, USDT, BUSD, ETH and BTC.

Another key financial highlight as of April 30, was that other digital assets holdings of the company included third-party tokens of A$952 million (approx. US$659 million). The company’s digital assets reserves were at A$6.1 billion (approximately US$4.2 billion), which includes the Animoca Brands tokens SAND, QUIDD, PRIMATE, REVV, TOWER, GMEE, and others.

According to the financial report, the company successfully acquired Grease Monkey Games,