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Cosmos Group Holdings Inc. Announced Third Quarter Financial Results, with New Coinllectibles Business Performance Taking Off

Cosmos Group Holdings Inc. Announced Third Quarter Financial Results, with New Coinllectibles Business Performance Taking Off

Cosmos Group Holding Inc. (OTC: COSG) announced its third quarter financial results, for the nine months .  The group has reported net revenues of $5,510,344 for the first nine months of 2021, increased from net revenues of $3,414,244 for the nine month of 2020.  In the last three months ended , the group’s net revenues were $2,282,399.

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The group financing loan receivables at 30 September 2021 reached $19,171,613, growing from $12,233,824 .Whilst the new collectibles business brought into the group with the acquisition of Coinllectibles has contributed $524,868 to the revenue for the third quarter of 2021. Group total assets value have grown from $15,258,135 for the fiscal period ended to $25,955,550 for the nine month period ended 30 September, 2021.

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“Our numbers show that our strategy for this year has been spot on,” said Dr Chan Man Chung, Director of COSG.  “We are also seeing our new Fusion NFT enabled collectibles business under Coinllectibles™️ take off, with the successful sale of our first three Fusion NFT-minted collectibles to the market in third quarter 2021, contributing to a sales revenue of $257,955.  We are very confident that our Fusion NFT-enabled collectibles business will continue to grow strongly with further contribution in the near term,” said Mr Toby O’Connor, CEO of Coinllectibles

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