Animoca Brands investor update for the period ended on 30 April 2022

Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”) is pleased to report key unaudited financial and business highlights for the last three months of 2021 and the first four months of 2022.

These results include contributions from the Company’s key business units including The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games, REVV Motorsport, TOWER, Quidd, Lympo, and Forj (formerly Bondly), in addition to blockchain service revenue arising from portfolio investments and partnerships.

Key financial highlights (non-IFRS measures)

  • Bookings and other income of A$213 million (approx. US$148 million) for the three months ended on 31 December 2021 and A$827 million (approx. US$573 million) for the four months ended on 30 April 2022.  Bookings include token sales, NFT sales including secondary sales, and other non-blockchain activities. Other income includes gains/losses of investments and digital assets holdings
  • Portfolio investments valued at over A$2.2 billion (approx. US$1.5 billion) across over 340 investments, as of 30 April 2022
  • Cash balance of A$141 million (approx. US$98 million) and digital assets holdings of A$304 million (approx. US$211 million) in the form of  USDC, USDT, BUSD, ETH and BTC as of 30 April 2022
  • Other digital assets holdings including third-party tokens of A$952 million (approx. US$659 million)  as of 30 April 2022
  • Company digital assets reserves of A$6.1 billion (approx. US$4.2 billion) as of 30 April 2022, which are not reflected in the Company’s balance sheet.  These reserves include the Animoca Brands tokens SAND, QUIDD, PRIMATE, REVV, TOWER, GMEE, and others.

Key recent business highlights

  • Acquired Grease Monkey Games, Darewise, Eden Games, Notre Game, and Be Media to strengthen and expand gaming and Web3 capabilities; acquired a notable educational technology company to be announced soon
  • Established new joint ventures including AniCube with Cube Entertainment, MetaHollywood with Planet Hollywood, and OneFootball Labs with OneFootball
  • Partnered with Yuga Labs on the Otherside project, the metaverse game of the Bored Apes Yacht Club
  • The Otherdeed mint – a sale of NFTs that will enable owners to participate in building Otherside and claim plots of virtual land in it once it publicly launches  – set the record for the largest NFT mint ever conducted
  • Partnered with ApeCoin DAO and launched ApeCoin (APE)
  • Launched PRIMATE Token, which is the play-to-earn token of the Company’s mobile game Benji Bananas and is connected to the ApeCoin ecosystem
  • Phantom Galaxies, developed by subsidiary Blowfish Studios, closed its Planets private sale at US$19.3 million and began its Planets public sale
  • Expanded presence in Japan through the establishment of strategic subsidiary Animoca Brands Japan with seed round of US$10 million.

The Company continues to work towards completion of its outstanding financial reporting requirements.

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