Voyager Digital Reports Record Revenues of US$60 Million with a 50% Operating Margin Generating an Operating Profit of $30 Million for the Fiscal Third Quarter
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NEW YORK, May 25, 2021 /PRNewswire/ -
Voyager Digital Ltd. ( Voyager or the Company ) (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), today announced financial results for its third quarter of fiscal 2021, which ended March 31, 2021.
Voyager reported another record quarter, with momentum continuing in the fiscal fourth quarter to date.
Total revenue in the fiscal 2021 third quarter increased to US$60.4 million, up over 16x from US$3.6 million in the fiscal 2021 second quarter.
Operating profit of US$30 million for the fiscal third quarter, with an operating margin of 50% - the Company s first ever quarter of operating profit.
Voyager Digital, Market Rebellion to Provide Online Brokerage
Voyager Digital (CSE: VYGR; OTCQB: VYGVF), a publicly-traded holding company whose subsidiaries operate licensed crypto-asset trading and investing brokerages, and Market Rebellion, a provider of trading education, content and tools for independent investors, today announced an agreement to operate a new entity focused on providing online brokerage services for equities, options, and futures.
The new entity, operating through its wholly owned subsidiary VYGR Digital Securities (a FINRA registered broker-dealer) will execute equity trades on behalf of Voyager’s US based crypto-asset licensed brokerage as Voyager brings crypto to equities trading to its customer base through its highly acclaimed platforms. Additionally, Market Rebellion will introduce its large active trading community to the new entity. The business expands on the existing relationship between the companies whereby Market Rebellion, an investor in Voya
Voyager Digital Purchases Oakland A s Bitcoin Suite prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The EGLD price has traded almost 240% higher in February at one point
A deeper pullback is likely warranted given the scale of a recent bullish move in EGLD
Elrond Gold Token (EGLD) price is up almost 240% in February as the pullback starts on profit-taking.
Fundamental analysis: EGLD listed on Voyager Digital
Cryptocurrency broker Voyager Digital has listed the Elrond on its platform recently, broadening its offering of 55+ crypto assets.
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“The listing of our 56th token now offers U.S. customers an easy way to invest in the Elrond Network. Investors will now have the ability to download the Voyager App, fund their account, and begin trading eGold within minutes,” said Steve Ehrlich, Co-founder and chief executive of Voyager.