CoinSmart Financial (SMRT) has announced a record preliminary unaudited monthly revenue in December 2021 of approximately $2.15 million.
This represents a 460 per cent increase in revenue compared to December 2020.
December 2021 highlights:
- Record monthly revenue of $2.15MM
- Record quarterly revenue of $5.9MM
- Cash flow positive
- No debt
CoinSmart CEO Justin Hartzman sat down with Caroline Egan to discuss the company’s success and plans moving forward.
“I am extremely proud of what the team has accomplished in 2021. Wrapping up the year with a banner month and quarter is a testament to the long days, weeks and months the team has put in. What’s most exciting for me is, we are only getting started. Plans have been laid for accelerated growth and momentum across new and existing business lines. Look out for some exciting new products, geographies and so much more from the CoinSmart team in 2022 and beyond.”
CoinSmart is a leading Canadian-headquartered crypto asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum. CoinSmart is one of the few crypto-asset trading platforms in Canada to be registered as a securities dealer and marketplace with the Ontario Securities Commission.
CoinSmart Financial Inc. (SMRT) opened trading at C$0.70 per share.