Redeye states CoinShares surpassed its EBITDA expectations by 14%, primarily due to the CSCM segment's performance and reduced bonus accruals in the quarter. Conversely, the asset management segment saw a 7%-point underperformance in fee income. Despite a difficult first quarter with declining crypto asset prices, CoinShares maintained its leading EBITDA margins at 75%. Redeye anticipates making minor adjustments to its estimates. With cryptocurrencies advancing since the quarter ended Redeye anticipates positive adjustments to its estimates.
LÄS MER
