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Animoca Brands’ unaudited Q3 revenue hits $69m

Animoca Brands, a company focused on blockchain and gaming, has released its unaudited financial figures for the second and third quarters of 2024.

Year-to-date bookings for the firm reached US$209 million through Q3 2024.

For Q3, bookings amounted to US$69 million, an increase from US$48 million in Q2.

However, this was a decline from US$162 million in the same quarter last year.

Operating expenses in Q3 2024 totaled US$59 million, rising from US$52 million in the previous quarter.

This increase was linked to one-time expenses from the MOCA Coin token launch.

Recent Animoca Brands developments

Timeline
04-Jun-2024 🤝 Animoca Brands, EVG to beef up each other’s projects via tie-up
  • Animoca Brands and EVG partner for Web3 growth
  • Both firms invest in each other’s upcoming projects
26-Apr-2024 📈 Animoca Brands holds $291m in assets amid rocky 2023 for crypto
  • Animoca’s cash, stablecoins rise to $291 million
  • Holds $558 million in digital assets, boosts by $266M
14-Mar-2024 🎮 Animoca Brands expands MENA footprint with investment in UAE gaming firm
  • Animoca invests in UAE’s Param Labs for Web3
  • Expands partnerships in Middle East gaming sector
29-Feb-2024 🎮 Animoca Brands invests in SG Web3 entertainment startup
  • Imaginary Ones expands into gaming and merchandise.
  • Company raises funding led by Cypher Capital.

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