Animoca Brands reports a sharp 167% rise in books in Q4 to $108M

Animoca Brands reported Q4 bookings coming in at $108 milliion, up 167% times from $40 million a year ago. The blockchain game and investment company also said it had $57 million in revenue from its digital asset advisory business. It also had $37 million from Web3 operating businesses and $14 million from investment management. The company reported its unaudited financial results for the fourth quarter and full year. Annual bookings were $314 million for the 12 months ended December 31, 2024, up 12% from $280 million a year earlier. The bigger contributors to the results were The Sandbox, Moca Network, Open Campus, Anichess, Gamee, TinyTap, Animoca Brands Japan, nWay, Eden Games, Blowfish Studios, Pixowl, and Crazy Defense Heroes (TOWER). In addition, revenue came in via Web3 services adn revenue arising from portfolio investments and partnerships. Bookings by each business segment included $165 million from digital asset advisory business, which was up 116% from a year ago. The ... Read full article.