RNS Number : 3726P
Phoenix Digital Assets PLC
22 May 2024
 

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 Digital Assets PLC

 

("Phoenix" or "the Company")

 

Interim Accounts for the period 01 January 2023 to 31 March 2024

 

 

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:

 

Phoenix Digital Assets


Jonathan Bixby

Executive Chairman

Via First Sentinel

First Sentinel


Corporate Adviser

Brian Stockbridge

+44 7858 888 007

Tennyson Securities


Corporate Broker

Peter Krens

+44 207 186 9030

 

 

About Phoenix:

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


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



Period from 1 Jan 2023 to

31 Mar 2024


£

Revenue

-

Profit on disposal of digital assets and tokens

57,108

Fair valuation movements (including impairment and exchange differences) in investments

(261,222)

Fair valuation movements in digital assets and tokens

53,228,376


53,024,262

Share based payment

(262,600)

Administrative expenses

(2,803,849)

Amortisation

(71,875)

Operating Profit

49,885,938

Finance income

-

49,885,938

Taxation

1,371,560

Profit after taxation and total comprehensive profit for the year

51,257,498


Statement of Financial Position As at 31 March 2024



31 Mar 2024


£

Non-Current Assets


Intangible assets

71,659,548

Investments

3,429,964

Deferred tax asset

1,371,560

Total non-current assets

76,461,072

Current Assets


Trade and other receivables

5,955

Cash and cash equivalents

424,771

Total current assets

430,726

Total assets

76,891,798

 

Shareholders' equity


Share capital

1,021,500

Share premium

130,500

Share based payments reserve

3,188,508

Distributable reserve

33,359,133

Retained earnings

39,015,840

Total shareholders' equity

76,715,481

 

Current Liabilities


Trade and other payables

176,317

Total liabilities

176,317

Total equity and liabilities

76,891,798

 

 

 

 


Signed by Director


21 May 2024



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NEXUARRRSKUVUUR
Phoenix Digital Assets (AQSE:PNIX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 Phoenix Digital Assets 차트를 더 보려면 여기를 클릭.
Phoenix Digital Assets (AQSE:PNIX)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 Phoenix Digital Assets 차트를 더 보려면 여기를 클릭.