The post Animoca Brands Reports Significant Growth in FY2021 Annual Report appeared on BitcoinEthereumNews.com.

Rebeca Moen
Jun 12, 2025 05:09

Animoca Brands reveals substantial growth in its FY2021 annual report, highlighting a shift to digital assets and blockchain-based activities, marking a pivotal year for the company.

Animoca Brands Corporation Limited, a leader in digital assets and blockchain technology, has released its FY2021 annual report, showcasing substantial growth and strategic advancements. According to Animoca Brands, the report highlights a transformative year with significant financial achievements primarily from digital assets and blockchain-based business activities. Financial Milestones The FY2021 report marks a watershed year for Animoca Brands, underscoring the company’s evolution into a major player in the digital asset space. The company’s net assets surged from a deficit of A$385,000 in FY2020 to A$337 million in FY2021. Bookings for the year skyrocketed to A$450 million, a stark increase from A$49 million the previous year. Additionally, Animoca Brands reported a net operating cash inflow of A$382 million, a significant turnaround from the previous year’s cash outflow of A$8 million. Audit and Financial Reporting The completion of the FY2021 audited financial statements represents a critical step towards full compliance with financial disclosure obligations. Animoca Brands transitioned to Hall Chadwick as its group auditor during the audit process, benefiting from the firm’s expertise in navigating the complexities of the crypto sector. This transition facilitated a more robust foundation for transparent and timely financial reporting. Strategic Developments and Industry Influence Animoca Brands has solidified its position as a key operator in digital asset accumulation and tokenization. The company’s strategy involves originating high-value projects and collaborating with prominent third-party projects as an ecosystem partner, investor, advisor, and publisher. This approach has positioned Animoca Brands as a leading proponent of the digital asset industry. Moreover, the company has been involved in innovative projects, such as…

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Filed under: News - @ June 12, 2025 10:26 pm