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