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Animoca Brands posted $314m bookings for FY2024

Animoca Brands released its unaudited financial results for the fiscal year ending Dec. 31, 2024.

The company achieved total bookings of US$314 million for FY2024, up from US$280 million in FY2023.

The Digital Asset Advisory segment contributed US$165 million, reflecting a 116% increase year-on-year. The Web3 operating businesses generated US$110 million, while investment activity accounted for US$39 million.

In Q4 2024, Animoca reported bookings of US$108 million, an increase from US$40 million in Q4 2023.

Operating expenses for FY2024 were US$217 million, a 12% decrease from US$246 million in the previous year.

In Q4 2024, operating expenses were reported at US$49 million, representing a 15% reduction compared to the same quarter last year.

As of Dec. 31, 2024, Animoca’s financial assets included cash and stablecoin balances totaling US$293 million and digital assets valued at US$538 million.

The company also held a minority investment portfolio worth US$564 million and off-balance sheet token reserves of US$2.9 billion.

Recent Animoca Brands developments

Timeline
20-Dec-2024 📊 Animoca Brands’ unaudited Q3 revenue hits $69m
  • Animoca Brands Q3 bookings at $69 million
  • Operating expenses rise due to MOCA Coin launch
04-Jun-2024 🤝 Animoca Brands, EVG to beef up each other’s projects via tie-up
  • Animoca Brands partners with Everest Ventures Group.
  • Both firms to invest in each other’s Web3 projects.
26-Apr-2024 📈 Animoca Brands holds $291m in assets amid rocky 2023 for crypto
  • Animoca’s cash and stablecoins rise to $291M.
  • Holds $558M in digital assets, bolstered by investments.

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