AVAX One Technology announced its preliminary revenue forecast for early 2025, expecting revenue of $2.3 million and an EBITDA loss of $7.3 million. Nearly half of the revenue is expected to come from the fourth quarter, thanks to the launch of its digital asset Avalanche. The company projects revenue for 2026 to be between $11 million and $44 million, with EBITDA ranging from $2 million to $25 million, depending on cryptocurrency price trends. CEO Jolie Kahn stated that the company's transition to AVAX, including staking and accumulation services, is expected to expand revenue and improve profitability, while the company will continue to execute a $40 million share repurchase plan.

AVAX-2.68%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin