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Coinbase | 8-K: Coinbase Announces Financial Results for the Quarter and Full Year Ending 31 December 2023

Coinbase | 8-K:Coinbase公布截至2023年12月31日的季度和全年财务业绩

SEC announcement ·  02/15 16:11
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On February 15, 2024, Coinbase Global, Inc. held a conference call to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The company reported a net income of $95 million and an Adjusted EBITDA of nearly $1 billion for the full year, achieving its financial goal of generating positive Adjusted EBITDA in all market conditions. Total revenue for the year was $3.1 billion, with $1.4 billion generated from subscription and services revenue. Coinbase also strengthened its balance sheet, increasing total USD resources to $5.7 billion and reducing total debt by 12%. The company launched several new products, including Coinbase International Exchange and Base, and expanded operations into six new markets. Looking ahead to the first quarter of 2024, Coinbase anticipates transaction revenue of approximately $320 million and subscription and services revenue in the range of $410-480 million. The company remains focused on driving revenue, utility in crypto, and regulatory clarity for the industry.
On February 15, 2024, Coinbase Global, Inc. held a conference call to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The company reported a net income of $95 million and an Adjusted EBITDA of nearly $1 billion for the full year, achieving its financial goal of generating positive Adjusted EBITDA in all market conditions. Total revenue for the year was $3.1 billion, with $1.4 billion generated from subscription and services revenue. Coinbase also strengthened its balance sheet, increasing total USD resources to $5.7 billion and reducing total debt by 12%. The company launched several new products, including Coinbase International Exchange and Base, and expanded operations into six new markets. Looking ahead to the first quarter of 2024, Coinbase anticipates transaction revenue of approximately $320 million and subscription and services revenue in the range of $410-480 million. The company remains focused on driving revenue, utility in crypto, and regulatory clarity for the industry.
2024年2月15日,Coinbase Global, Inc.举行了电话会议,讨论其截至2023年12月31日的第四季度和全年财务业绩。该公司报告全年净收入为9500万美元,调整后息税折旧摊销前利润接近10亿美元,实现了在所有市场条件下均实现正调整后息税折旧摊销前利润的财务目标。该年度的总收入为31亿美元,其中14亿美元来自订阅和服务收入。Coinbase还加强了资产负债表,将美元资源总额增加到57亿美元,债务总额减少了12%。该公司推出了几款新产品,包括Coinbase国际交易所和基地,并将业务扩展到六个新市场。展望2024年第一季度,Coinbase预计交易收入约为3.2亿美元,订阅和服务收入在4.10亿至4.8亿美元之间。该公司仍然专注于提高收入、加密货币的效用和该行业的监管清晰度。
2024年2月15日,Coinbase Global, Inc.举行了电话会议,讨论其截至2023年12月31日的第四季度和全年财务业绩。该公司报告全年净收入为9500万美元,调整后息税折旧摊销前利润接近10亿美元,实现了在所有市场条件下均实现正调整后息税折旧摊销前利润的财务目标。该年度的总收入为31亿美元,其中14亿美元来自订阅和服务收入。Coinbase还加强了资产负债表,将美元资源总额增加到57亿美元,债务总额减少了12%。该公司推出了几款新产品,包括Coinbase国际交易所和基地,并将业务扩展到六个新市场。展望2024年第一季度,Coinbase预计交易收入约为3.2亿美元,订阅和服务收入在4.10亿至4.8亿美元之间。该公司仍然专注于提高收入、加密货币的效用和该行业的监管清晰度。
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