CoinShares Announces Q4 2023 Results

Key Facts

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) Total comprehensive income for Q4 2023 of £15.3 million (Q4 2022: negative £37.1 million) Full Year 2023 financial highlights 2023 revenue, gains and other income of £85.7 million (2022: £72.4 million) 2023 adjusted EBITDA of £56.9 million (2022: negative £6.8 million) Total comprehensive income for 2023 of £37.9 million (2022: £2.9 million) Q4 2023 operational highlights * Positive start to 2023, consistent positive EBITDA throughout, with a very strong Q4 performance.
The annual dividend payment will be made payable in SEK in four quarterly instalments via the Euroclear Sweden settlement system, subject to an assessment by the Board of the financial health and cash requirements of the Group prior to each payment being made.
The performance for Q4 marks the Group's strongest quarter since the end of 2021 and has contributed to 2023 being the second strongest year in the Group's history after 2021.
ABOUT COINSHARES CoinShares is the leading European alternative asset manager specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals.