2021 - The SiLLC Assembly

Arcane Crypto publishes Interim Report for Q4 and full year 2021

Arcane Crypto publishes Interim Report for Q4 and full year 2021

The fourth quarter of 2021 (compared to the fourth quarter of 2020)

· Group revenue increased to 148,930 kSEK (1,224)

· EBITDA amounted to -3,383 kSEK (-10,358)

· EBIT amounted to -11,737 kSEK (-10,373)

· The result for the period amounted to -12,568 (-9,533)

· Earnings per share before dilution amounted to SEK -0.002 (-0.018)

· Earnings per share after dilution amounted to SEK -0.001 (-0.018)

Full year 2021 (compared to full year 2020)

· Group revenue increased to 332,625 kSEK (2,103)

· EBITDA amounted to -21,969 kSEK (-17,812)

· EBIT amounted to -33,468 kSEK (-17,878)

· The result for the period amounted to -163;440 kSEK (-16,876)

· Adjusted result for the period amounted to -36,487 kSEK (-16,876)

· Earnings per share before dilution amounted to SEK -0.021 SEK (-0.031)

· Earnings per share after dilution amounted to SEK -0.019 SEK (-0.031)

CEO Torbjørn Bull Jenssen comments:

“Q4 has been a good quarter for Arcane with record revenue and improved result. We increased net sales by 83% compared to the previous quarter and our gross profit increased by 67% also compared to the previous quarter.

On the tech front, we launched Research in live beta on our new platform. On the mining front, we received the second delivery of our mining machines and are now running at a capacity of close to 80 PH/s.

Our portfolio company LN Markets has continued to set new records in trading activity, benefitting from increasing adoption of Lightning. Pure Digital continues to see strong interest from tier one banks, driven by the underlying client demand from institutional investors.“

Main events during Q4 2021

On October 4, Linus Jönsson was appointed as the new Group CFO of Arcane Crypto. Linus assumed his role on January 10th, 2022, replacing Interim CFO Per-Olov Östberg.
On October 19, Arcane Green Data announced it had partnered with Luxor Technology Corporation and had gone live with the current hosting capacity of miners.
On October 26, Arcane Green Data announced a purchase agreement for 360 Antminer s19 Pro (100 TH/s). The purchase agreement represents a total of 36,000 Terra Hash (TH) of computing power and the total cost amounts to approximately SEK 28 million. The machines were delivered in Q1 2022 and Arcane Green Data’s total hosting capacity doubled to 2.5 MW.
On November 12, Arcane Crypto’s wholly owned subsidiary Ijort Invest AB (“Trijo”) announced that Arcane Crypto’s CEO Torbjørn Bull Jenssen would become CEO of Trijo and thereby replace Totte Löfström.
On December 9, an extraordinary general meeting elected two new members to the Board of Arcane. Michael Jackson was elected Chairman of the Board and Sïmon Saneback was elected Member of the Board.
On December 14, Arcane Crypto’s partner Valour received approval from the Swedish Financial Supervisory Authority on its Base Prospectus, which includes an Exchange-Traded Product based on Arcane Assets’ cryptocurrency fund.

Main events after the end of the period

On January 13, Arcane Crypto’s wholly-owned subsidiary Kaupang Krypto AS entered into a collaboration with NFT AS and curator Sam Farao, to facilitate acquisitions of Bjarne Melgaard’s first crypto art collection The Lightbulb Man.
On February 1, Anna Svahn informed Arcane Crypto AB that she would have to resign from the board due to other professional obligations.

Webcast presentation

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

Webcast link: https://channel.royalcast.com/landingpage/hegnarmedia/20220225_3/

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

For further information, please contact:

Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
E-mail:

About Arcane Crypto

Arcane Crypto develops the infrastructure and products that enable worldwide adoption of bitcoin and digital assets. Arcane is building a platform for users to learn, trade and invest in digital assets, all from one account. Our market leading research content educates our users and builds trust. Arcane achieves scale by providing a platform with open APIs, allowing third parties to develop their own products using our technology and then distribute their product to our users.

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

For more information, please visit: https://www.arcane.no/

The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: , web: www.mangold.se.

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 25th February 2022, through the agency of the CEO.

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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.

DigitalX reports strong balance sheet as revenue soared 305% in second half of 2021

DigitalX reports strong balance sheet as revenue soared 305% in second half of 2021

March 1, 2022 – DigitalX has just released solid half-year financial results, with revenue quadrupling as funds under management rose 73 per cent and a key acquisition started to pay dividends.

DigitalX (ASX:DCC) says it made $1.1 million in revenue in the six months to December 31, 305.5 per cent more than it did during the same period in 2020, with almost half of that coming from its funds under management division.

The company’s two digital asset funds brought in $520,982 during the half year, as funds under management grew to $33.59 million thanks to both rising prices and $3.57 million in inflows.

Overall DigitalX trimmed its loss for the period by 16.5 per cent to $847,362.

The company finished the year with $7.4 million cash at bank, plus another $60.3 million in digital assets, including $39.9 million in Bitcoin.

“Despite volatility in the digital asset markets in December 2021, the balance sheet remains strong heading into the second half of FY2022,” the company said.

Its two core products – Sell My Shares and Drawbridge, its regtech compliance software – are both well positioned as financial securities markets such as the ASX move to distributed ledger technology, DigitalX said.

‘Very pleasing’ results

“The half-yearly result is very pleasing from the company’s perspective,” said Lisa Wade, the company’s new chief executive.

“Revenues across the funds management and product development divisions were relatively even; we expect to be able to reduce our one-off costs in 2022; and importantly we have now established the foundations of our business moving forward.”

“I am particularly happy with our inaugural sustainability report and fresh ESG focus and am looking forward to sustainability being an ongoing focus – in terms of not only the delivery of shareholder returns (but) also on the impact of the value we create.”

Wade joined DigitalX just recently, the company having poached her from NAB shortly before Christmas.

This article was developed in collaboration with DigitalX at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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Preliminary consolidated figures for 2021

Preliminary consolidated figures for 2021

In fiscal year 2021, the Deutsche Rohstoff Group generated sales of EUR 73.3 million, EBITDA of EUR 65.9 million and consolidated net income of EUR 26.1 million.

Consolidated net income rises to EUR 26.1 million/Sales and EBITDA in line with forecast

March 14, 2022 – Mannheim – Deutsche Rohstoff AG – In fiscal year 2021, the Deutsche Rohstoff Group generated sales of EUR 73.3 million (forecast EUR 68 to 73 million; previous year: EUR 38.7 million), earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR 65.9 million (forecast EUR 64 to 67 million; previous year: EUR 23.9 million) and consolidated net income of EUR 26.1 million (previous year: consolidated net loss – EUR 16.1 million). Sales and EBITDA are thus in line with the increased forecast published in January (see release dated 20 January 2022). Overall, the forecast was raised three times during the year due to the good operating performance, acquisitions and rising oil & gas prices.

For the current year, the Executive Board expects a further significant increase in sales and EBITDA. According to the forecast published in January, sales will amount to EUR 126 to 134 million and EBITDA to EUR 97 to 102 million. This does not yet include revenues from the cooperation with Oxy, which may be incurred from Q4 2022 onwards. Drilling from one of the two well sites in which Salt Creek has an interest commenced on schedule in mid-February.

The equity and bond portfolio, which had been established from April 2020, contributed a realized return of EUR 17.5 million in 2021. There was also unrealized income of EUR 4.4 million as of 31 December 2021. Oil and gas hedging to hedge price risks resulted in a loss of EUR 14.3 in 2021 (previous year: gain of EUR 12 million).

Liquid funds (bank balances and securities held as current and non-current assets) available to the Group as of 31 December 2021 amounted to approximately EUR 36.8 million (previous year: EUR 36.0 million). Equity rose to EUR 79.8 million (previous year: EUR 45.6 million), increasing the equity ratio to 30% (previous year: 22%). Liabilities amounted to EUR 148 million (previous year: EUR 138.6 million). Net liabilities (cash and cash equivalents minus liabilities from bonds and to banks) decreased to EUR 80.5 million (previous year: EUR 92.4 million).

All figures for 2021 are preliminary and unaudited. Deutsche Rohstoff AG is expected to publish the audited consolidated financial statements and the annual report on 25 April 2022.

The Knight pad is on track for peak production. As reported, it is expected in Q2 2022. Currently, the wells are already producing 3,000 to 3,500 barrels of oil per day.

Mannheim, 14 March 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 complete the portfolio. Further information can be found at www.rohstoff.de

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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