GoldMoney Inc. Reports April 2016 Key Performance Indicators for the BitGold and GoldMoney
Businesses
GoldMoney Inc. (TSX:XAU), a financial technology company, which operates a global, full-reserve and gold-based financial
services platform, is pleased to announce Key Performance Indicators (KPI’s) for its two operating segments for the period ended
April 30, 2016.
Further highlights of April’s business growth can be viewed here: https://www.bitgold.com/blog/infographic-bitgold-kpis-april-2016/
BitGold Key Performance Indicators:
| |
|
User Sign Ups
|
| Period |
|
|
Total User Signups –
End of Period
|
|
|
Net Increase/Decrease |
| April 2016 |
|
|
892,275 |
|
|
+79,767 |
| March 2016 |
|
|
812,508 |
|
|
+73,375 |
| February 2016 |
|
|
739,133 |
|
|
+67,310 |
| January 2016 |
|
|
671,823 |
|
|
+91,009 |
| December 2015 |
|
|
580,814 |
|
|
+63,728 |
|
|
|
|
|
|
|
| |
|
Transaction Volume (Gold Grams) 1
|
| Period |
Transaction Volume –
End of Period (grams)
|
|
|
Net Increase
(grams)
|
|
|
Value in CAD for Reference |
| April 2016 |
1,884,760 |
|
|
+387,607 |
|
|
C$ 97,366,419 |
| March 2016 |
1,497,153 |
|
|
+360,477 |
|
|
C$ 77,133,334 |
| February 2016 |
1,136,676 |
|
|
+311,158 |
|
|
C$ 61,335,036 |
| January 2016 |
825,518 |
|
|
+155,868 |
|
|
C$ 41,705,169 |
| December 2015 |
669,650 |
|
|
+106,219 |
|
|
C$ 31,861,947 |
|
|
|
|
|
|
|
|
| |
|
Customer Gold in Vaults (Gold Grams) 2
|
| Period |
Gold in Vaults – End of Period
(grams)
|
|
|
Net Increase/Decrease |
|
|
Value in CAD for Reference |
| April 2016 |
970,088 |
|
|
+80,805 |
|
|
C$ 50,657,995 |
| March 2016 |
889,283 |
|
|
+177,736 |
|
|
C$ 45,815,866 |
| February 2016 |
711,547 |
|
|
+211,020 |
|
|
C$ 38,395,076 |
| January 2016 |
500,527 |
|
|
+62,822 |
|
|
C$ 25,286,624 |
| December 2015 |
437,705 |
|
|
+57,341 |
|
|
C$ 20,826,004 |
|
1. Defined as deposits, redemptions and payments on the network.
|
|
2. Defined as total segregated and allocated customer gold under safekeeping.
|
| |
GoldMoney Key Performance Indicators:
| |
|
GoldMoney Holdings
|
| Period |
|
|
Total Funded Accounts |
|
|
Net Increase/Decrease |
| April 2016 |
|
|
21,387 |
|
|
-14 |
| March 2016 |
|
|
21,401 |
|
|
+15 |
| February 2016 |
|
|
21,386 |
|
|
+61 |
| January 2016 |
|
|
21,325 |
|
|
+19 |
| December 2015 |
|
|
21,306 |
|
|
-44 |
|
|
|
|
|
|
|
| |
|
Transaction Volume (Canadian Dollars) 3
|
| Period |
|
|
Transaction Volume – for the Month |
|
|
Net Increase/Decrease |
| April 2016 |
|
|
C$ 38,408,508 |
|
|
C$ -9,587,705 |
| March 2016 |
|
|
C$ 47,996,213 |
|
|
C$ -24,156 |
| February 2016 |
|
|
C$ 48,020,369 |
|
|
C$ +18,604,336 |
| January 2016 |
|
|
C$ 29,416,033 |
|
|
C$ -12,432,488 |
| December 2015 |
|
|
C$ 41,848,521 |
|
|
C$ +6,233,119 |
|
|
|
|
|
|
|
| |
|
Customer Assets under Administration 4
|
| Period |
|
|
Customer Assets |
|
|
Net Increase/Decrease |
| April 2016 |
|
|
C$ 1,664,657,315 |
|
|
C$ +76,471,402 |
| March 2016 |
|
|
C$ 1,588,185,913 |
|
|
C$ -54,363,752 |
| February 2016 |
|
|
C$ 1,642,551,665 |
|
|
C$ +62,632,962 |
| January 2016 |
|
|
C$ 1,579,918,703 |
|
|
C$ +68,957,581 |
| December 2015 |
|
|
C$ 1,510,961,122 |
|
|
C$ +40,443,334 |
|
3. Defined as all dealing (buy/sell), deposits, and redemption activity by GoldMoney clients.
|
|
4. Defined as total segregated and allocated customer precious metals and full reserved currency
balances under safekeeping.
|
| |
About GoldMoney
GoldMoney Inc. is a global, full-reserve and gold-based financial services group. GoldMoney provides financial services as a
trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney® the
company offers precious metals custody and wealth services, trading and execution, and independent research to individual investors
and institutions. Through BitGold™ the company operates a self-directed savings platform and a payments network allowing
individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 850,000 user sign ups
from over 150 countries and $1.7 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial
Services Commission (JFSC) as a Money Services Business. The JFSC is the main supervisory body that oversees and regulates Jersey's
large financial services industry. For more information on BitGold, visit bitgold.com. For more information on GoldMoney, visit ir.goldmoney.com.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained
herein. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts
responsibility for the adequacy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws
that are based on expectations, estimates and projections as at the date of this news release. Any statements that involve
discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or
performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not
anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and
phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be
achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking
information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the
time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking information. Such factors include, among others: the Company’s limited operating
history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; unproven markets for
the Company’s product offering; volatility of gold prices & public interest in gold investment; lack of regulation and customer
protection; the need for the Company to manage its planned growth and expansion; the effects of product development and need for
continued technology change; protection of proprietary rights; the effect of government regulation and compliance on the Company
and the industry; network security risks; the ability of the Company to maintain properly working systems; foreign currency and
gold trading risks; use and storage of personal information and compliance with privacy laws; use of the Company’s services for
improper or illegal purposes; global economic and financial market conditions; uninsurable risks; and those risks set out in the
Company’s public documents filed on www.sedar.com. Although the Company has
attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate
as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any
forward-looking information other than as required by law.
GoldMoney Inc.
Josh Crumb, 647-499-6748
Chief Strategy Officer & Director
View source version on businesswire.com: http://www.businesswire.com/news/home/20160502005595/en/