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| TIDM | PNIX |
| Share Price | Loading... |
| Market Cap | Loading... |
| Date | 22 May 2024 |
| Time | 07:00:14 |
| Category | Miscellaneous |
| ID | 3726P |
22 May 2024
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
("Phoenix" or "the Company")
Phoenix (AQSE: PNIX), an investment firm, announces its unaudited interim accounts for the period 1 January 2023 to 31 March 2024.
The directors of Phoenix accept responsibility for this announcement. For further information please contact:
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Phoenix Digital Assets |
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|
Jonathan Bixby Executive Chairman |
Via First Sentinel |
|
First Sentinel |
|
|
Corporate Adviser Brian Stockbridge |
+44 7858 888 007 |
|
Tennyson Securities |
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Corporate Broker Peter Krens |
+44 207 186 9030 |
Phoenix Digital Assets PLC invests in a diversified portfolio of cryptocurrency, and/or in companies or funds which have exposure to NFT or blockchain technology. The Company's leadership team have an extensive track record in the cryptocurrency sector and previously founded Argo Blockchain PLC, a global crypto miner. Phoenix is headquartered in London, UK and its shares are listed on the Aquis Stock Exchange Growth Market under the ticker symbol PNIX. https://www.getphoenix.co.uk
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Phoenix Digital Assets plc Registered Address: 16 Great Queen Street, London WC2B 5DG
Management accounts for the period for the period 1 January 2023 to 31 March 2024 prepared for the Company's tender offer for up to 625,000,000 ordinary shares
Statement of Comprehensive Income For the period 1 January 2023 to 31 March 2024 |
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Period from 1 Jan 2023 to 31 Mar 2024 |
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|
£ |
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Revenue |
- |
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Profit on disposal of digital assets and tokens |
57,108 |
|
Fair valuation movements (including impairment and exchange differences) in investments |
(261,222) |
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Fair valuation movements in digital assets and tokens |
53,228,376 |
|
|
53,024,262 |
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Share based payment |
(262,600) |
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Administrative expenses |
(2,803,849) |
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Amortisation |
(71,875) |
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Operating Profit |
49,885,938 |
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Finance income |
- |
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Profit before taxation |
49,885,938 |
|
Taxation |
1,371,560 |
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Profit after taxation and total comprehensive profit for the year |
51,257,498 |
|
Statement of Financial Position As at 31 March 2024 |
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|
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31 Mar 2024 |
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|
£ |
|
Non-Current Assets |
|
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Intangible assets |
71,659,548 |
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Investments |
3,429,964 |
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Deferred tax asset |
1,371,560 |
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Total non-current assets |
76,461,072 |
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Current Assets |
|
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Trade and other receivables |
5,955 |
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Cash and cash equivalents |
424,771 |
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Total current assets |
430,726 |
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Total assets |
76,891,798 |
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Shareholders' equity |
|
|
Share capital |
1,021,500 |
|
Share premium |
130,500 |
|
Share based payments reserve |
3,188,508 |
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Distributable reserve |
33,359,133 |
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Retained earnings |
39,015,840 |
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Total shareholders' equity |
76,715,481 |
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Current Liabilities |
|
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Trade and other payables |
176,317 |
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Total liabilities |
176,317 |
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Total equity and liabilities |
76,891,798 |
