DeFi Technologies Inc. Announces 2023 Financial Results: Revenues Exceed C$10.4 Million, Notable Strategic Developments and Restatement of Fiscal 2022 Financial Results
Total revenues were $10.4 million for the twelve months ended December 31, 2023 ("Fiscal 2023").
- Total revenues were $10.4 million for the twelve months ended December 31, 2023 ("Fiscal 2023").
- A significant improvement from the revenues of $(14.2) million for the twelve months ended December 31, 2022 ("Fiscal 2022").
- Operating, general, and administration costs for Fiscal 2023 was $10 million, down from $14.7 million in Fiscal 2022.
- "We are pleased to have completed the audit for Fiscal 2023 and the restatement of the Fiscal 2022 statement of the Company," said Ryan Ptolemy, Chief Financial Officer of the Company.