Streetbeat News

WONDF

WonderFi Technologies Inc

Industry

Software Publishers

Open

0.14

Mkt cap

91M

Volume

122K

High

0.14

P/E Ratio

13.85

52-wk high

0.29

Low

0.14

Div yield

N/A

52-wk low

0.09

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

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