Blog

Revenues in the Animoca Brands climb as AI cut costs by 12%



The Animoca Brands reported $ 314 million in bookings for 2024, marking a 12% year-to-year increase.

Bookings is a term commonly used in the gaming sector to represent the whole income and postponed income. This includes all payments received and potential sales based on contracts that have not been fulfilled.

According to the Animoca brands, the Digital Asset Advisory (DAA) business costs $ 165 million in bookings in 2024, an increase of 116% last year. Company subsidiaries and incubated projects have formed $ 110 million in bookings, while investing activities have contributed $ 39 million.

In total, the company recorded $ 314 million in bookings for 2024, an increase of 12% compared to 2023, when the company reported $ 280 million.