CoinShares Q1 2025: Good results despite market headwinds - Redeye

Redeye states CoinShares surpassed its EBITDA expectations by 14%, primarily due to the CSCM segment's performance and reduced bonus accruals in the quarter. Conversely, the asset management segment saw a 7%-point underperformance in fee income. Despite a difficult first quarter with declining crypto asset prices, CoinShares maintained its leading EBITDA margins at 75%. Redeye anticipates making minor adjustments to its estimates. With cryptocurrencies advancing since the quarter ended Redeye anticipates positive adjustments to its estimates.

Länk till analysen i sin helhet: https://www.redeye.se/research/1107734/coinshares-q1-2025-good-results-despite-market-headwinds?utm_source=finwire&utm_medium=RSS