EQS-News

Advanced Blockchain: Initial assessment of the top ten portfolio holdings highlights growth and demonstrates investment success / Publication of the 2022 annual report - Seite 2

"The initial assessment of our top ten portfolio holdings is an important step to provide our investors with more transparency and insights into our portfolio," explains Simon Telian, CEO of Advanced Blockchain AG. "Through our collaboration with AVS-Valuation GmbH, we were able to conduct an independent and well-founded assessment of our most significant portfolio holdings to further strengthen the trust of our partners and investors. This marks the first inclusion of token values in portfolio valuation in the German blockchain industry. It is particularly important for us to obtain objective assessments of our past investment success in the form of current valuations, which demonstrate our continued success to date and provide a foundation for further growth."


Outlook for 2023
For the ongoing fiscal year 2023, Advanced Blockchain AG's management continues to focus on sustainable growth while paying attention to cost structures. The company aims to further reduce costs in the current fiscal year 2023.

On the earnings side, profits from token transactions are expected, especially from over-the-counter (OTC) deals. In addition, there are potential revenue opportunities through upcoming token launches (TGE) where investments can be realized.


Audited financial statements
Due to the initial audit by Abstoß & Wolters GmbH & Co. KG Wirtschaftsprüfungsgesellschaft, the audit of the 2022 consolidated financial statements will take further time. The company is working diligently to publish the audited consolidated figures by the end of July at the latest.

The 2022 annual report of Advanced Blockchain AG is now available on the company's website at www.advanced-blockchain.com/investor-relations.



About AVS-Valuation GmbH:
AVS-Valuation GmbH is a renowned German company specializing in risk management and valuation services, maintaining strategic partnerships with Deloitte Audit Analytics, among others. It supports Advanced Blockchain AG in its ongoing portfolio valuation.


About Advanced Blockchain AG:
Advanced Blockchain AG (Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6) is a venture builder and investor in the blockchain industry with an extensive network of analysts, developers, programmers, economists, and mathematicians. Advanced Blockchain AG is dedicated to developing the future of Web 3.0 and fostering innovation in various ecosystems and markets within the industry.