Tagged: financial results

March 21, 2023 @ 11:05 am By Omar Faridi  |  

Netcapital Inc. (Nasdaq: NCPL, NCPLW), a digital private capital markets ecosystem, recently  announced financial results for the third quarter and first nine months of fiscal year 2023 ended January 31, 2023. Martin Kay, CEO of Netcapital Inc., said: “Over the past nine months, Netcapital has… Read More

March 13, 2023 @ 12:05 pm By Omar Faridi  |  

Trumid, a Fintech that operates a fixed-income electronic trading platform, has recently announced “record” trade volume, market share, and user participation for the month of February. February Highlights shared by Trumid as follows: Reported average daily volume (ADV) more than doubled year-over-year to a record… Read More

March 9, 2023 @ 9:12 am By Omar Faridi  |  

Grasshopper, the “client-first” digital bank built for the business and innovation economy, recently announced steady growth and solid momentum for the year ending 2022. The bank has reportedly “expanded its management team, relaunched last March with a new vision, and has built strong lines of… Read More

March 2, 2023 @ 8:03 am By Omar Faridi  |  

Funding Circle (LSE:FCH) has published its Preliminary Results for the year ended 31 December 2022. Funding Circle reports Group total income (guidance) of £140m – £155m; £148.7m for FY 2022; and £206.9m for FY 2021. And Adjusted EBITDA (guidance) of Positive Adjusted EBITDA; £6.8m for… Read More

February 28, 2023 @ 8:15 pm By Omar Faridi  |  

Maybank, Southeast Asia’s fourth largest bank by assets, reported “a net profit of RM8.23 billion for the financial year ended 31 December 2022 (FY22).” Profit before tax (PBT) meanwhile, “was 11.6% higher at RM12.15 billion from RM10.89 billion a year earlier.” The better results were… Read More

February 26, 2023 @ 4:34 pm By Omar Faridi  |  

Lemonade, Inc. (NYSE: LMND) has released its fourth quarter and full year 2022 financial results. Lemonade recently shared its Q4 2022 financial results in the Letter to Shareholders on the company’s official investor relations website. On Thursday, February 23, 2023, Lemonade reportedly hosted to discuss… Read More

February 24, 2023 @ 9:13 am By Omar Faridi  |  

Block, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2022. The Fintech reports that total net revenue was $4.65 billion in the fourth quarter of 2022, up 14% year over year. Excluding Bitcoin revenue, revenue in the fourth… Read More

February 17, 2023 @ 4:17 pm By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), one of the world’s largest digital financial services platforms, released its Fourth Quarter & Full Year 2022 financial results. Financial results are “expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).” The full earnings… Read More

February 17, 2023 @ 8:34 am By Omar Faridi  |  

DBS reported an 80% year-on-year growth in the number of Bitcoin (BTC) traded on the DBS Digital Exchange (DDEx) in 2022, and “a doubling in the number of BTC custodised with the bank’s digital asset custody solution.” The firm claims these business metrics “underscore the… Read More

February 9, 2023 @ 10:44 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) posts “strong” results and sustained profitable growth “driven by its global customer portfolio and motivated team executing on the company’s long-term ambitions.” Summary H2 2022 Processed volume “was €421.7 billion, up 41% year-on-year.” Of these volumes, point-of-sale volumes “were €67.6 billion, up… Read More

September 9, 2022 @ 7:49 am By Omar Faridi  |  

Funding Circle, which claims to be the United Kingdom’s largest small business loan platform, has announced its results for the six months “ended 30 June 2022.” As noted in an update shared with CI, Funding Circle delivered “a financial performance ahead of expectations, finishing the… Read More

September 2, 2022 @ 8:21 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that claims to make it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology solutions, is reporting Q2 2022 financial results. All figures… Read More

September 1, 2022 @ 7:42 pm By Omar Faridi  |  

Digital Asset, a software provider that helps enterprises build economic value through interconnected networks, announced another solid quarter of growth in Q2 2022. The firm continues “to expand its footprint among financial institutions and market infrastructures exploring and investing in next generation blockchain technology.” The… Read More

August 28, 2022 @ 8:25 pm By Omar Faridi  |  

The team at Moneyfarm noted that they’re pleased to announce that the firm has seen encouraging growth in the first half of 2022 “across a number of key metrics, despite disruptive geopolitical issues and resultant market volatility.” One of the clearest ways for them to… Read More

August 14, 2022 @ 11:47 pm By Omar Faridi  |  

DelfinGroup, a non-bank consumer lender in Lativa, reports revenue of €8.6 million in the second quarter, “an increase of 46% compared to the same period last year.” The firm has provided the latest operational and financial information: Pre-tax profit “increased by 30% to €1.96 million,… Read More

August 4, 2022 @ 9:01 am By Omar Faridi  |  

MercadoLibre, Inc. (Nasdaq: MELI), which claims to be Latin America’s leading e-commerce technology company, reported financial results “for the quarter ended June 30, 2022.” The company hosted an earnings video as well as a conference call and audio webcast “for any questions that investors may… Read More

May 23, 2022 @ 11:43 am By Omar Faridi  |  

CreamFinance reports that 2021 was a “record-setting” year for the company, “finishing with a €3.4 million net profit – the highest in Group’s history.” It also reports that it continued “to improve on these results during Q1 2022.” CreamFinance has provided the following operational and… Read More

May 16, 2022 @ 6:22 pm By Omar Faridi  |  

Dave Inc. (Nasdaq: DAVE, DAVEW), a neobank on a mission to build products that “level the financial playing field,” recently reported its financial results “for the first quarter ended March 31, 2022.” Dave utilizes Evolve Bank & Trust to provide its digital financial services. Jason… Read More

May 15, 2022 @ 8:46 am By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, recently reported financial results “for its fiscal 2022 third quarter ended March 31, 2022.” Max Levchin, Founder and CEO of Affirm, stated: “We continue to deliver strong growth with… Read More

February 25, 2022 @ 9:17 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) has opened up applications for its second annual accelerator program. It is a week-long program “aimed at EMEA-based social enterprises and impact startups.” Adyen, the international payments platform leveraged by established firms, has noted that it is looking for direct-to-consumer businesses “with a… Read More