news - The SiLLC Assembly

Arcane Crypto publishes Interim Report for Q4 and full year of 2022

Fourth quarter of 2022 (compared to fourth quarter 2021)

Group revenue decreased to 45,032 kSEK (148,930)
EBITDA amounted to -13,765 kSEK (-3,383)
Adjusted EBITDA amounted to -10,046 (-3,383)
EBIT amounted to -18,008 kSEK (-11,737)
The result for the period amounted to -14,460 kSEK (-12,568)
Earnings per share before dilution amounted to SEK -0.002 (-0.002)
Earnings per share after dilution amounted to SEK -0.002 (-0.001)

Full year 2022 (compared to full year 2021)

Group revenue decreased to 287,838 kSEK (332,625)
EBITDA amounted to -43,830 kSEK (-21,969)
Adjusted EBITDA amounted to -32,930 kSEK (-21,969)
EBIT amounted -95,287 kSEK (-33,468)
The result for the period amounted to -94,201 kSEK (-163,440)
Adjusted result for the period amounted to -94,201 kSEK (-36,487)
Earnings per share before dilution amounted to SEK -0.011 (-0.021)
Earnings per share after dilution amounted to SEK -0.011 (-0.019)

CEO Torbjørn Bull Jenssen comments:

“Despite the bear market, we have used this opportunity to focus on building and restructuring the company, preparing ourselves for the next wave of adoption.”

Main events during Q4 2022

On November 1, Arcane announced Viggo Leisner’s departure from the Board due to other professional obligations.
On November 22, Arcane announced an operational reorganization, unifying its growing private wealth business under a new business unit called K33.
On November 25, Arcane’s portfolio company, LN Markets (ITOAM srl) announced the launch of synthetic USD feature, allowing for seamless swaps between BTC and USD.
On December 1, Arcane announced a research distribution partnership with Blomberg. Arcane’s research-led digital assets brokerage K33’s research’s content is now available on Bloomberg terminals.

Main events after the end of the period

On January 30, Arcane announced its intention to change the company name to Arcario. An extraordinary general meeting was announced for March 2^nd to approve the name change.
On February 16, Arcane announced that its subsidiary K33 has developed a crypto reference index together with Vinter, a crypto index provider.
On February 23, Arcane announced that it had entered into a convertible loan agreement with COWA and was discussing a strategic M&A transaction.

Webcast presentation

The company will hold a webcast presentation where CEO Torbjørn Bull Jenssen will present the report today at 10:00 CET. Investors, analysts, and media are invited to follow the webcast.

https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20230228_11

No pre-registration is required. The presentation will be held in English and questions can be submitted in English during the webcast.

About K33

K33 is a research-led digital assets brokerage with investment services, helping clients across EMEA make informed decisions backed by industry leading digital assets research, enter the market guided by a multi-exchange brokerage service, and invest safely for the long term in tailored managed funds. K33 provides a unified platform where customers get access to Research, digital assets brokerages, funds, and structured products. The unified platform will be rolled out during Q1 2023. The platform can be accessed both directly by customers on k33.com and through distribution partners and asset management firms that have signed up to offer the K33 platform as part of their investment offering.

About Arcane Crypto

Arcane Crypto AB is a holding company with broad exposure to the digital assets industry. The Company holds 100% stakes in K33, a research-led digital assets brokerage with investment services across EMEA, Arcane Green Data, an environmentally sustainable Bitcoin mining operation based in northern Norway, and minority stakes in both Puremarkets Ltd (37.5%), an interbank OTC market for digital currencies, and LN Markets (16%), a Bitcoin exchange built on the Bitcoin Lightning Network.

Subscribe to press releases and financial information: https://investor.arcanecrypto.se/

For further information, please contact:
Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
e-mail:
web: investor.arcanecrypto.se

The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser.

The information disclosed in this Interim Report is mandatory for Arcane Crypto AB to publish pursuant to the EU’s Market Abuse Regulation (MAR). This information was submitted for publication at 08:00 (CET) on 28th February 2023, through the agency of the CEO.

Files for download

2022-Q4-report.pdf

Arcane-Crypto-AB-Q4-2022.pdf

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Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

10% stake in Rhein Petroleum sold

The UK-based company Beacon Energy plc announced today that it has acquired all of the shares in Rhein Petroleum GmbH from Deutsche Rohstoff AG (10%) and Tulip Oil Holding (90%).

Mannheim, Dezember 16, 2022

British Beacon Energy plc acquires Rhein Petroleum/Deutsche Rohstoff receives shares and a revenue share

Mannheim. The UK-based company Beacon Energy plc (AIM: BCE; “Beacon”) announced today that it has acquired all of the shares in Rhein Petroleum GmbH from Deutsche Rohstoff AG (10%) and Tuilp Oil Holding (90%), (please see www. beaconenergyplc.com). As part of the sale, Deutsche Rohstoff will receive a share in Beacon of around 3.3% as well as a revenue share of around 1% of the future net returns from Rhein Petroleum’s production (“earn out”).

The value of the 3.3% stake in Beacon will initially be around EUR 0.3 million after the transaction and a capital measure. Considerable further potential arises from the “earn-out” agreement. Beacon intends to further develop Rhein Petroleum’s existing acreage and significantly increase production.

In 2011 and 2012, Deutsche Rohstoff AG sold its majority stake in Rhein Petroleum to Tulip Oil. This resulted in a profit of around EUR 9.8 million. Under the Shareholders’ Agreement concluded at that time, Deutsche Rohstoff AG had undertaken to sell its own remaining shares in the event of Tulip Oil selling the majority of the shares. This agreement was now applied.

Irrespective of this, Deutsche Rohstoff AG considers the transaction to be positive. The shares in Beacon are traded on the AIM segment of the London Stock Exchange. Tulip Oil also replaces the guarantees in the amount of approximately EUR 1.5 million that Deutsche Rohstoff AG had provided to the mining authority in Hesse.

Mannheim, 16. December 2022

Deutsche Rohstoff identifies, develops and sells attractive raw material deposits in North America, Australia and Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten round off the portfolio. Further information is available at www.rohstoff.de

Contact

Deutsche Rohstoff AG

Phone +49 621 490 817 0

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Strong second quarter – low impact from Covid-19 to date

July 01, 2020 Sarasota, Florida – The SiLLC Assembly announced today its strong second-quarter results.

Please note that this update contains forward-looking statements regarding the assembly’s prospects, goals, strategies, anticipated financial performance, and the expected impact of the pandemic on its projects and investments.

Please understand that forward-looking statements are only estimates of future performance and should be treated as such. The assembly management’s expectations are current as of today, and the assembly disclaims any obligation to update them.

“We are pleased to report another strong quarter,” said Markus Schronen, Board Chair and Assembly Consultant. “Our commitment to providing safe and reliable service remains evident, particularly in these challenging times. We are on track to increase investments in the near future and to become debt-free by the end of this year.”

The Assembly’s Retro Investment projects are being further developed and are expected to launch in early 2021.

Disclaimer

This document contains forward-looking statements based on the current estimates and assumptions made by the assembly team of SiLLC. These statements use words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast, and similar formulations, but they should not be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results achieved by SiLLC and its affiliated groups depend on several risks and uncertainties, and may, therefore, differ materially from the forward-looking statements. Many of these factors are outside SiLLC’s control and cannot be estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. SiLLC does not plan or undertake to update forward-looking statements.

All transactions are carried out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. It contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results, and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, market and economic conditions, estimates, projections, opinions, and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements, case studies, or forecasts. All references to SiLLC’s advisory activities relate to SiLLC International.