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Bullboard - Stock Discussion Forum FRNT Financial Inc V.FRNT

Alternate Symbol(s):  FRFLF

FRNT Financial Inc. (FRNT) is a Canada-based company. The Company is an institutional capital markets and advisory platform focused on digital assets. It operates five business lines, including deliverable trading services, institutional structured derivative products, merchant banking, advisory and consulting, and principal investments and trading. Its service offerings include Capital Markets... see more

TSXV:FRNT - Post Discussion

FRNT Financial Inc > Q3 Financials
View:
Post by SkywalkerofLuke on May 31, 2022 5:02pm

Q3 Financials

$FRNT $FRNT.v up 6% today as they announced their Q3 2022 financials.


Key highlights 


- Rev. = $1.14M (adjusted net income of $652,265)

- Expanded offering of regulated OTC futures

- Completed listing on the Frankfurt Stock Exchange

- Engaged 2 new advisory mandates

- + more

This was $FRNT ‘s 1st quarter as a public issuer and they delivered significant growth amidst the backdrop of digital asset price declines and macroeconomic challenges. Really impressive stuff considering, from what I can tell, $FRNT is the only Canadian listed crypto name that reported net income. (Ex. DEFI CN, which has a 3.5x larger market cap than $FRNT posted 1.8M in revenue and a net loss of over $3M.)

https://www.newswire.ca/news-releases/frnt-financial-announces-q3-2022-financial-results-876310381.html

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