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- In Q2FY22, SelfWealth’s operating revenue increased to AU$5.07 million, up from AU$4.46 million in Q2FY21.
- The number of trades executed during the quarter was 421,764, down 3% quarter on quarter and up 11% YoY.
- SelfWealth executes a Heads of Agreement with BTC Markets to provide access to select cryptocurrency assets through the SelfWealth platform.
ASX-listed Australia-based Company engaged in independent online trading platform SelfWealth Ltd (ASX:SWF) released its Q2 FY22 Quarterly Cash Flow, and Activities Report on Monday.
The Company has maintained that its market share growth over the past six months has been confirmed by the independent Investment Trends report for July to December 2021, demonstrating SWF’s strengthened position as the fourth largest wealth creation platform in Australia.
In its quarterly activities report, the Company reported:
Meanwhile, SWF closed 10.345% lower at AU$0.260 per share on ASX.
SelfWealth’ quarterly cash outflow from operating activities was AU$2.4 million for the December quarter, an increase from AU$1.1 million in Q1, driven by the rise in quarterly staff costs to AU$2.6million. At the end of the quarter, cash equivalents were AU$14.9 million. Besides, the Company continues to have no outstanding debt.