Eqonex announces unaudited first quarter of fiscal year 2022 financial results & business updates

Singapore, july 14, 2021 /prnewswire/ -- diginex limited (nasdaq: eqos), recently rebranded as eqonex group ("eqonex" or the "company"), a digital assets financial services company, today announced business updates for the first quarter ended june 30, 2021 of fiscal year 2022. first quarter of fiscal year 2022 business update highlights revenue for the first quarter was us$2.5 million, over eight times higher than revenue from the previous fiscal year of us$0.3 million the trend of revenue moved incrementally higher through the quarter from us$0.3 million for fiscal year 2021 to us$0.6 million, us$0.8 million, and us$1.1 million in april, may, and june, 2021, respectively exchange revenue for the first quarter was $2.4 million, compared to $0.2 million for the entire prior fiscal year average daily volumes on eqonex exchange in june 2021 were us$176.9 million, an increase from us$15.9 million in march 2021 assets under management for bletchley park asset management were us$21 million as of july 1 , 2021 compared to us$9.6 million as of march 31, 2021 assets under custody for digivault were us$54 million as of june 30, 2021, compared to us$11.1 million as of march 31, 2021 cash and cash equivalents and liquid assets were $42.1 million as of june 30, 2021 richard byworth, chief executive officer at eqonex group, said: "fiscal year 2022 is set to be yet another transformative year for eqonex.
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