Fineqia International Announces 75% Increase in Revenue in Q3 vs Q2 2024
Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA) has reported a 75% increase in revenue for the third quarter of 2024. The company's revenue grew from $121,348 in Q2 to $212,353 in Q3, driven by its consulting services in blockchain technologies and tokenisation. CFO Warren Sergeant attributed this growth to increasing demand for their advisory expertise in decentralized finance (DeFi) and tokenization.
Fineqia is expanding its focus on the tokenization of real-world assets (RWAs), including real estate, private credit, and insurance products. This initiative aims to enhance liquidity, improve transparency, and increase accessibility of these assets in the financial ecosystem. The company incurred expenses of $220,800 during the third quarter, which spans from July to September 2024.
Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA) ha riportato un aumento del 75% nei ricavi per il terzo trimestre del 2024. I ricavi della compagnia sono aumentati da $121,348 nel Q2 a $212,353 nel Q3, spinti dai suoi servizi di consulenza nelle tecnologie blockchain e nella tokenizzazione. Il CFO Warren Sergeant ha attribuito questa crescita alla crescente domanda della loro competenza consulenziale in finanza decentralizzata (DeFi) e tokenizzazione.
Fineqia sta ampliando il suo focus sulla tokenizzazione di asset del mondo reale (RWAs), inclusi immobili, credito privato e prodotti assicurativi. Questa iniziativa mira a migliorare la liquidità, aumentare la trasparenza e accrescere l'accessibilità di questi asset nel panorama finanziario. L'azienda ha sostenuto spese di $220,800 durante il terzo trimestre, che va da luglio a settembre 2024.
Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA) ha reportado un aumento del 75% en los ingresos para el tercer trimestre de 2024. Los ingresos de la empresa crecieron de $121,348 en el Q2 a $212,353 en el Q3, impulsados por sus servicios de consultoría en tecnologías blockchain y tokenización. El CFO Warren Sergeant atribuyó este crecimiento a la creciente demanda de su experiencia asesora en finanzas descentralizadas (DeFi) y tokenización.
Fineqia está ampliando su enfoque en la tokenización de activos del mundo real (RWAs), incluidos bienes raíces, crédito privado y productos de seguros. Esta iniciativa tiene como objetivo mejorar la liquidez, aumentar la transparencia y mejorar el acceso a estos activos en el ecosistema financiero. La empresa incurrió en gastos de $220,800 durante el tercer trimestre, que abarca de julio a septiembre de 2024.
Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA)는 2024년 3분기 75%의 수익 증가를 보고했습니다. 회사의 수익은 2분기 $121,348에서 3분기 $212,353로 증가했으며, 이는 블록체인 기술 및 토큰화에 대한 컨설팅 서비스에 의해 촉진되었습니다. CFO 워렌 서전트는 이러한 성장이 탈중앙화 금융(DeFi) 및 토큰화에 대한 자문 전문성의 증가하는 수요에 기인한다고 밝혔습니다.
Fineqia는 부동산, 개인 신용, 보험 상품을 포함한 실제 자산(RWAs)의 토큰화에 대한 초점을 확대하고 있습니다. 이 이니셔티브는 금융 생태계에서 이러한 자산의 유동성을 향상하고 투명성을 높이며 접근성을 증가시키는 것을 목표로 합니다. 회사는 2024년 7월에서 9월까지의 3분기 동안 $220,800의 비용을 발생시켰습니다.
Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA) a rapporté une augmentation de 75 % de son chiffre d'affaires pour le troisième trimestre de 2024. Le chiffre d'affaires de l'entreprise a augmenté de $121,348 au Q2 à $212,353 au Q3, grâce à ses services de conseil en technologies blockchain et en tokenisation. Le CFO Warren Sergeant a attribué cette croissance à la demande croissante pour leur expertise en finance décentralisée (DeFi) et tokenisation.
Fineqia élargit son focus sur la tokenisation des actifs du monde réel (RWAs), y compris l'immobilier, le crédit privé et les produits d'assurance. Cette initiative vise à améliorer la liquidité, accroître la transparence et augmenter l'accessibilité de ces actifs dans l'écosystème financier. L'entreprise a engagé des dépenses de $220,800 pendant le troisième trimestre, qui s'étend de juillet à septembre 2024.
Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA) hat einen 75%igen Anstieg der Einnahmen im dritten Quartal 2024 gemeldet. Die Einnahmen des Unternehmens stiegen von $121,348 im Q2 auf $212,353 im Q3, angetrieben durch die Beratungsdienste in Blockchain-Technologien und Tokenisierung. CFO Warren Sergeant führte dieses Wachstum auf die steigende Nachfrage nach ihrer Beratungsexpertise in dezentraler Finanzwirtschaft (DeFi) und Tokenisierung zurück.
Fineqia erweitert seinen Fokus auf die Tokenisierung von Vermögenswerten aus der realen Welt (RWAs), einschließlich Immobilien, privaten Krediten und Versicherungsprodukten. Diese Initiative zielt darauf ab, die Liquidität zu verbessern, die Transparenz zu erhöhen und den Zugang zu diesen Vermögenswerten im Finanzökosystem zu steigern. Das Unternehmen hatte im dritten Quartal, das von Juli bis September 2024 geht, Ausgaben in Höhe von $220,800.
- 75% increase in quarterly revenue from Q2 to Q3 2024
- Revenue growth from $121,348 in Q2 to $212,353 in Q3 2024
- Expanding consulting services in blockchain technologies and tokenisation
- Growing demand for advisory expertise in DeFi and tokenization
- Expenses of $220,800 in Q3 2024 exceeded the revenue of $212,353
London, United Kingdom--(Newsfile Corp. - October 15, 2024) - Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA) (the "Company" or "Fineqia"), a leading digital asset and investment business, announces a
"Our ability to achieve such a substantial revenue increase from Q2 to Q3 reflects the growing demand for our advisory expertise in decentralized finance (DeFi) and tokenization," said Warren Sergeant, CFO of Fineqia. "This represents a pivotal moment for our business, allowing us to offer innovative financial solutions that deliver real value to our partners and clients."
Fineqia is poised to continue broadening its consulting services by focusing on the tokenization of real-world assets (RWAs). The Company aims to assist clients in transforming conventional assets - such as real estate, private credit, and insurance products - into digital tokens. This initiative is designed to enhance liquidity, improve transparency, and make these assets more accessible within the financial ecosystem.
Tokenisation is the process by which digital tokens on a blockchain represent underlying digital or physical assets. The third quarter represents the period from July to September 2024, during which the Company incurred expenses of
About Fineqia International Inc.
Fineqia (www.fineqia.com) is a digital asset business that builds and targets investments in early and growth stage technology companies that will be part of the next generation of the Internet. Publicly listed in Canada (CSE: FNQ) with quoted symbols on the Nasdaq and the Frankfurt Stock Exchange, Fineqia's portfolio of investments includes businesses at the forefront of tokenization, blockchain technology, NFTs, AI, and fintech. Fineqia's VC fund in formation, Glass Ventures, backs category-defining Web 3.0 and Web 4.0 companies built by world-class entrepreneurs. https://twitter.com/FineqiaPlatform and https://www.linkedin.com/company/fineqia/.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Katarina Kupcikova, Marketing & Communications Manager
E. katarina.kupcikova@fineqia.com
T. +44 7806 730 769
FORWARD-LOOKING STATEMENTS
Some statements in this release may contain forward-looking information (as defined under applicable Canadian securities laws) ("forward-looking statements"). All statements, other than of historical fact, that address activities, events or developments that Fineqia (the "Company") believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement except to the extent required by applicable securities laws. Crypto assets are generally unregulated, subject to sudden and significant changes in value and carry a high risk of total loss of the investment. As these are unregulated assets, investors are unlikely to have recourse to any regulatory protections or access to investor compensation schemes. If you are unsure as to the appropriateness of these assets for your circumstances, you should take independent financial and legal advice. Fineqia Inc. is not a crypto asset exchange and is not registered with any Authority as such. This material is general economic commentary and does not constitute a recommendation to buy, sell or otherwise transact in any of the assets discussed.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226663
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