Streetbeat News

WONDF

WonderFi Technologies Inc

Industry

Software Publishers

Open

0.16

Mkt cap

99M

Volume

825K

High

0.16

P/E Ratio

15.27

52-wk high

0.26

Low

0.14

Div yield

N/A

52-wk low

0.09

WonderFi Technologies Inc. reported record weekly trading activity on its crypto platforms, Bitbuy and Coinsquare, with significant increases in trading volume, revenue, user count, and signups. Assets under custody rose to $1.7 billion, a 34% increase since September.

Portfolio Pulse from

November 12, 2024 | 2:00 pm

WonderFi reported a significant increase in revenue and interest income for the third quarter of 2024, achieving $41 million, a 153% increase compared to the same period in 2023. The company holds $42 million in cash and digital assets, and $9 million in total investments as of September 30, 2024.

Portfolio Pulse from

November 05, 2024 | 10:15 pm

WonderFi Technologies Inc has launched CoinSquare Alpha, a new crypto service aimed at institutional clients. This move is part of WonderFi's strategy to address imbalances in traditional financial systems and attract institutional investors. The service offers enhanced trading functionality, 24/7 API connectivity, and bespoke custody solutions.

Portfolio Pulse from Renato Capelj

June 15, 2024 | 4:13 pm

WonderFi Technologies Inc. reports a significant financial turnaround with a 43.4% revenue increase to $18.5 million and a net income of $4.9 million. The company attributes its success to leveraging synergies from recent acquisitions and enhanced cost management, with an EBITDA of $7.0 million. Cash and digital assets rose to $52.5 million, with trading volumes hitting $1.1 billion. Kevin O'Leary's bullish outlook and the company's focus on regulation and transparency are highlighted as key factors.

Portfolio Pulse from Renato Capelj

May 10, 2024 | 7:33 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.