BIGG Digital Assets Inc. Reports Audited Financial Results
From GlobeNewswire: 2025-04-30 21:42:00
BIGG Digital Assets Inc. reports fiscal 2024 financial results with gross operating revenue of $12.43M, including $10.56M from Netcoins, $1.67M from Blockchain Intelligence Group, and $0.2M from TerraZero. Netcoins saw revenue of $10.56M, up 112% YoY, and a 30% increase in active users. Blockchain Intelligence Group revenue was $1.67M, up 11% YoY. BIGG reported a net loss of $25,829,671 for 2024 due to a tax liability provision and goodwill impairment. TerraZero launched its Intraverse platform in late March 2025, aiming to generate revenues in fiscal 2025. BIGG currently owns ~68 Bitcoin valued at $8.9M with cash and crypto holdings of ~$30M. Netcoins has customer Assets Under Custody of ~$174M. Selected financial information is available on SEDAR+. Dan Reitzik, Interim CEO of BIGG, highlights Netcoins’ performance and new product launches by Blockchain Intelligence Group. TerraZero focuses on integrating blockchain into its Intraverse platform for immersive experiences. Future results may be impacted by cryptocurrency prices and demand. BIGG Digital Assets Inc. operates across metaverse experiences, cryptocurrency trading, and big data solutions. TerraZero Technologies Inc. specializes in creating immersive experiences, while Netcoins offers secure crypto trading. Blockchain Intelligence Group provides digital asset forensics and anti-money laundering solutions. Forward-looking statements in this press release caution readers about risks and uncertainties affecting the Company’s operations and financial performance.
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