CoinShares International Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 04:17 am EDT
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CoinShares International Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was GBP 13.89 million compared to GBP 19.56 million a year ago. Net income was GBP 1,441.06 million compared to GBP 389 million a year ago. Basic earnings per share from continuing operations was GBP 21.13 compared to GBP 5.85 a year ago. Diluted earnings per share from continuing operations was GBP 19.92 compared to GBP 5.6 a year ago.
For the six months, sales was GBP 31.91 million compared to GBP 36.68 million a year ago. Net income was GBP 1,702.36 million compared to net loss of GBP 1,379.23 million a year ago. Basic earnings per share from continuing operations was GBP 24.96 compared to basic loss per share from continuing operations of GBP 21.13 a year ago. Diluted earnings per share from continuing operations was GBP 23.62 compared to diluted loss per share from continuing operations of GBP 21.13 a year ago.
CoinShares International Limited is an investment company specializing in digital assets. The Company provides a range of financial services across investment management, trading, and securities to range of clients that include corporations, financial institutions, and individuals. The Company operates three core operating segments: Asset Management, Capital Markets, and Principal Investments. The Companyâs products include CoinShares Physical ETPs and XBT Provider ETPs. CoinShares offers a wide range of physical crypto ETPs, providing investors with the opportunity to gain exposure to a diverse set of digital assets curated and tracked by CoinSharesâ Research Team. The Company also offers hedge fund solutions. It specializes in asset allocation, investment, risk management, market analysis, legal, compliance and accounting for digital assets. The Company offers in-house trading technology platform to its capital markets activities.