Coinsilium Group Ltd - blockchain technology investor - Revenue for 2020 falls to GBP229,772 from GBP244,225, but firm swings to pretax profit of GBP309,590 from loss of GBP258,943 the year before. After strategic review, firm says it has emerged with "strong focus" on digital markets. "The opportunity going forward - particularly within the NFT and Open Finance spaces - is significant and the board remains confident in the company's outlook. This confidence is backed up by the series of announcements we have made particularly within the NFT space since our year end," it says.
"While the Open Finance and NFT markets are in their infancy, our work to date has increases our confidence in the Company's ability to generate credible revenue streams," it adds.
Current stock price: 7.00 pence
Year-to-date change: up 23%
By Lucy Heming; lucyheming@alliancenews.com
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