Tento príspevok bol pôvodne publikovaný na stránke https://cointelegraph.com/news/robinhood-s-q1-crypto-revenue-drops-30-from-the-previous-year a autorom článku je Cointelegraph By Jesse Coghlan. Tento článok je iba kópia originálneho článku.
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/4a3f2dd7-e59e-4f4e-bf39-1db654b0a35a.jpgThe money coming in for the trading app’s crypto business reached $38 million over the first quarter of 2023, down from $54 million in Q1 2022.
News
First quarter results are in for cryptocurrency and stock trading app Robinhood, with the company reporting a 30% year-on-year revenue drop for its crypto trading business.
Released May 10, Robinhood’s Q1 2023 earnings revealed $38 million in crypto trading revenues over the period, dropping from $54 million in Q1 2022.
Robinhood’s total net revenues, however, increased year-on-year with Q1 2023 bringing in $441 million compared to 2022’s first quarter net revenues of $299 million — an increase of around 47.5%.
Its Q1 2023 revenues were also a 16% gain since last quarter.
Related: S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics
Around $12 billion worth of crypto is currently under the custody of the trading app, a 50% increase over the quarter, though it is down 40% compared to the same time last year.
Magazine: $3.4B of Bitcoin in a popcorn tin — The Silk Road hacker’s story
This is a developing story, and further information will be added as it becomes available.
