The Kevin O’Leary-backed crypto platform, Wonderfi Technologies Inc (OTCMKTS: WONDF) issued its third-quarter earnings report on Monday that showed revenues of $2.9 million and $3.2 million for the three and nine months, respectively, that ended June 3.
WonderFi had $356 million in total assets as of June 30, 2022, including $15 million in cash and $5.6 million in crypto assets and inventory, as well as $185 million of assets under custody for customers.
Benzinga obtained a recording of WonderFi’s earnings call before the transcript was made available. Here are the most important company updates.
“I think we’re very well-positioned to continue to be a market leader in Canada,” said WonderFi CEO Ben Samaroo. “We’re focused on expanding that footprint globally. In the quarter, we successfully integrated the BitBuy acquisition which has brought numerous operational and technology synergies, many of which we’ve started to realize.”
WonderFi completed the …
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