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Coinbase Reports A Estimated Q1 Net Income Of $730M To $800M
Summary: With the listing date just around the corner, Coinbase today released its estimated financial report for the first quarter of 2021. The highlight results are: $1.8 billion of total revenue in Q1 2021 $730 million to $800 million of net income $1.1 billion of adjusted EBITDA $335 billion of the total trading volume $223 billion of platform ...
With the listing date just around the corner, Coinbase today released its estimated financial report for the first quarter of 2021. The highlight results are:
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$1.8 billion of total revenue in Q1 2021
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$730 million to $800 million of net income
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$1.1 billion of adjusted EBITDA
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$335 billion of the total trading volume
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$223 billion of platform assets, accounting for 11.3% of the market share of crypto assets, of which institutional assets are $122 billion
Public records show that Coinbase's profit in 2020 is $322.3 million while it made a loss of $30 million in 2019.
Therefore, 2021 Q1 is the best quarter in the company's history. Coinbase said that the financial report has not yet completed the quarterly financial settlement and is still awaiting audit by an independent certified public accountant firm.
By Mary Liu
Tags: Coinbase,Cryptocurrency
Link: Coinbase Reports A Estimated Q1 Net Income Of $730M To $800M [Copy]
