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BitGold Inc. – GoldMoney Inc. Releases Second-Quarter 2015 Financial Results

GoldMoney Inc. Releases Second-Quarter 2015 Financial Results Consolidated Gross Revenue of $66.2 million for the quarter, up over 2,000% from $2.8 million for the previous quarter following the July 20, 2015 acquisition of GoldMoney BitGold Gross Revenue of $10.46 million up over 300% quarter-over-quarter Group Liquidity of $31.6 million at quarter end consisting of cash, precious metals, and marketable securities Gross Profit of $1.04 million for the Group, includes 72 days of operation for GoldMoney Adjusted Non-IFRS Profit of $366,040 for GoldMoney business for 72 days of operation Adjusted Non-IFRS Net Loss of $2,295,941 for the Group after netting out one-time non-recurring cash payments and non-cash items 260,382 users acquired reflecting all-in acquisition cost of $8.80 per user, reducing all-in acquisition cost 65% quarter-over-quarter and significantly below financial services industry average 344,496 users holding $1.56 billion in customer assets under administration

Source: BitGold Inc. – GoldMoney Inc. Releases Second-Quarter 2015 Financial Results


Categorised as: interesting

Posted by: Kramer

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