Cosmos Group Holdings Inc (COSG)

[Anita Dump]

Going to dig into this .. hmm

[Anita Dump]

Good Afternoon #COSG

[i_like_bb_stock]

yes time to move

[Screech691]

$COSG news out!
https://www.otcmarkets.com/stock/COSG/news/Coinllectibles-to-partner-Art-Seasons-to-participate-in-ART-SG---Singapores-largest-art-fair-in-January-2023?id=379310

[TommyBoyTrader9460]

Nice news there BB..

[i_like_bb_stock]

news https://www.otcmarkets.com/stock/COSG/news?id=379310

[Screech691]

$COSG all about their Coinllectibles blockchain technology
https://www.coinllectibles.art/en/about-us

[Screech691]

$COSG massive Q3 revenues reported last week, still churning at support between .06 and .08
https://www.otcmarkets.com/stock/COSG/news/Net-Revenue-Spikes-1534-to-8-Million-and-Total-Revenue-Rises-233-to-12-Million-for-Cosmos-Groups-2022-Q3-as-Compared-to-?id=378392

[TommyBoyTrader9460]

$COSG Monster revenue for this up and coming company!

Net Revenue Spikes 1534% to $8 Million and Total Revenue Rises 233% to $12 Million for Cosmos Group's 2022 Q3 as Compared to Prior Year
Press Release | 11/01/2022
Net Revenue Spikes 1534% to $8 Million and Total Revenue Rises 233% to $12 Million for Cosmos Group's 2022 Q3 as Compared to Prior Year

PR Newswire

SINGAPORE, Nov. 1, 2022

The arts and collectibles technology segment of the Group is showing strong growth with the first nine months revenue for 2022 at US$8,051,436. It is a 1,534% increase as compared to 2021's figures of just US$524,868.

SINGAPORE, Nov. 1, 2022 /PRNewswire/ -- Metaverse Blockchain company Coinllectibles™?, a fully owned subsidiary of Cosmos Group Holdings Inc. (OTC: COSG), is pleased to announce that the Group has released the latest financial results for 2022 Q3.

Some of the financial highlights are:

As at end 2022 Q3, Cosmos Group made a total revenue of US$12,884,869 and had about US$1.97million cash on hand. The comprehensive loss for the first nine months was US$90.26million, US$86.4million of which consisted of a one-time share based compensation payment in 2022 Q1.
Total assets of the Group was at US$43.97million, which included approximately US$18.45million of loans receivables and US$15.58million of intangible assets, while the total liability was only at US$29.15million.
The lending segment accounted for US$4,833,433 of net revenues during the nine months ended September 30, 2022, as compared to US$4,985,476 for the same period in 2021. This represents a marginal decrease of about US$152,043, or 3%, and demonstrates the stability of our lending segment. For the same period, total operating expense was approximately US$2.81million – which translates to a lending segment income of US$1.03million.
The arts and collectibles technology was responsible for over a majority of the revenue growth of the Company, with US$8,051,436 of net revenues during the nine months ended September 30, 2022, as compared to US$524,868 for the same period in 2021, representing a significant increase of approximately 1,534%. For the same period, the total operating expense was approximatley US$97.76million – which translates to a segment loss of US$90.85million.
Commenting on the 2022 Q3 results, Toby O'Connor, CEO for Coinllectibles, said, "I would say that this is a very encouraging result. We have seen very strong growth in our arts and collectibles segment, with more than US$8million in revenues in the last 9 months. Making these results more significant, is that this growth is amidst a backdrop of an overall 'market winter'."

"I would also like to share my thoughts on the expense side of things. In 2022 Q3, our Group's operating expense was about US$10.63million. In my view, this is the kind of expense level that we aim to maintain at. By maintaining our cost while supercharging our arts and collectibles revenue growth, we really want to reach a sustainable point – which will help us ride through any unforeseen market uncertainties," Toby added.

For more information on Coinllectibles as well as the latest 10Q results, please visit www.coinllectibles.art.

[TommyBoyTrader9460]

Solid day yesterday..all eyes on .10 break here..

[knockknock2]

Up 24% Monday. Let’s do it again today back to ten

[knockknock2]

Up 24% Monday. Let’s do it again today back to ten

[TommyBoyTrader9460]

$COSG Last of .07 clearing out.. 10 break looms large ..
News last week has gotten investors attention..

Net Revenue Spikes 1534% to $8 Million and Total Revenue Rises 233% to $12 Million for Cosmos Group's 2022 Q3 as Compared to Prior Year

[Screech691]

Hard to ignore these Q3 revenue numbers for $COSG
https://www.otcmarkets.com/stock/COSG/news/Net-Revenue-Spikes-1534-to-8-Million-and-Total-Revenue-Rises-233-to-12-Million-for-Cosmos-Groups-2022-Q3-as-Compared-to-?id=378392

[SpaceManTrades]

Yea. Looks great today. One of the stronger ones from my watchlist for sure.

[TommyBoyTrader9460]

$COSG Up 25 percent early here as buyers stepping in and making some noise..

[Screech691]

$COSG HOD .07 starting to fall now +25% We've got a runner!

[Screech691]

$COSG looks like she wants to bounce to start the week +22%!

[SpaceManTrades]

I would expect a follow up PR probably this week. My opinion of course but I'll be keeping watch for news.

[Screech691]

$COSG recently participated in the Web 5.0 conference and was able to capitalize with business while there with a successful auction:
https://www.otcmarkets.com/stock/COSG/news/Inaugural-Web-50-Conference-Concluded-with-Encouraging-Attendance?id=378827

[knockknock2]

NASDAQ ready with these numbers!! Here we come!! Buy the dip now if you can

[SpaceManTrades]

Def got some big numbers on the revs. Looking forward to more.

[TommyBoyTrader9460]

Revenue News was off the charts..looking forward to more updates here..

[SidewaysTrader]

All we need is for the whole deck green so they can start hitting radars over the weekend

[TommyBoyTrader9460]

$CSOG Looks like prime dip opportunity on a Friday..watch as investors swoop in and steal some..

[SidewaysTrader]

What is a “DOT”

"Coinllectibles DOTs have always been different from the rest of the companies that deal with NFTs, in the way that we position them as an ownership token for physical art pieces.”

https://finance.yahoo.com/news/inaugural-5-0-conference-concluded-132600173.html

[Screech691]

$COSG L2 is thin, .08 then .11 next

[Screech691]

$COSG technology segment showing huge revenue increase for Q3!
https://www.otcmarkets.com/stock/COSG/news/Net-Revenue-Spikes-1534-to-8-Million-and-Total-Revenue-Rises-233-to-12-Million-for-Cosmos-Groups-2022-Q3-as-Compared-to-?id=378392

[TommyBoyTrader9460]

$COSG News of late of revenue is off the charts! Company continues to impress..

Net Revenue Spikes 1534% to $8 Million and Total Revenue Rises 233% to $12 Million for Cosmos Group's 2022 Q3 as Compared to Prior Year

[Screech691]

Chart clearly showing a bottom here, upside is huge above .10

https://twitter.com/MrSamuelPowers/status/1588504336589795328

[TommyBoyTrader9460]

Buying volume this week is getting noticed..watch what happens with a .10 break..could get very interesting..

[SpaceManTrades]

Looking good here. Volume well over 10 day average and nice and green going into close of day. A lot of red out there but this one isn't playing.

[Gnarlyman]

So it’s just a flipper, the last sell went into the bid then directly on the ask. Good on them, but probably why this is stuck channeling. $COSG

[TommyBoyTrader9460]

Trading strong today..feels like plenty left in the tank on this one..

[SpaceManTrades]

Currently up 17$% on very strong volume. Looks great here.

[TommyBoyTrader9460]

$COSG Trading strong again today.. yesterdays drop at the eod looks like Powell spooked a few traders here..only to find the savy investors jump on shares at the open and bring this back up 24 percent..
Huge Revenue news..

[Screech691]

Support continues today in the .07/.08 range - nice bounce back from yesterdays dip +24%

[Gnarlyman]

These watches are sexy! $COSG

Coinllectibles & Marvion
【1st Anniversary Celebration & Showcase Exhibition – HONG KONG】

Quinting, partner of Coinllectibles, also known for its world's first transparent watch, showcased 5 limited edition prestigious watches in Hong Kong for the first time! pic.twitter.com/xCiFIrVb3t

— Coinllectibles (@coinllectibles) October 30, 2022

[Screech691]

$COSG news #metaverse #web3
https://www.otcmarkets.com/stock/COSG/news/Inaugural-Web-50-Conference-Concluded-with-Encouraging-Attendance?id=378827

[poodlebb]

$COSG in the news again: Inaugural Web 5.0 Conference Concluded with Encouraging Attendance

https://finance.yahoo.com/news/inaugural-5-0-conference-concluded-132600173.html

[TommyBoyTrader9460]

$COSG News this week really perked this up..watching this to go green at the open..

[SidewaysTrader]

Good morning friends! COSG still giving people time as it has got any traction yet

[Screech691]

$COSG seems to have their niche market cornered based on recently posted Q3 revs:

The arts and collectibles technology segment of the Group is showing strong growth with the first nine months revenue for 2022 at US$8,051,436. It is a 1,534% increase as compared to 2021's figures of just US$524,868.
https://www.otcmarkets.com/stock/COSG/news/Net-Revenue-Spikes-1534-to-8-Million-and-Total-Revenue-Rises-233-to-12-Million-for-Cosmos-Groups-2022-Q3-as-Compared-to-?id=378392

[Screech691]

Good morning $COSGers!

[Screech691]

would love to see COSG test HOD .10 before close again

[Screech691]

$COSG starting to get noticed, volume on the uptick and holding +21%

[TommyBoyTrader9460]

$COSG bidders moved in quickly..looking to break out even higher here..

[Sibware]

COSG:Wondering when they let-it-go over .10,if ever

[SpaceManTrades]

Can't ignore these numbers. Looking very Bullish.

[Screech691]

$COSG huge revenue for Q3!
Some of the financial highlights are:

As at end 2022 Q3, Cosmos Group made a total revenue of US$12,884,869 and had about US$1.97million cash on hand. The comprehensive loss for the first nine months was US$90.26million, US$86.4million of which consisted of a one-time share based compensation payment in 2022 Q1.
Total assets of the Group was at US$43.97million, which included approximately US$18.45million of loans receivables and US$15.58million of intangible assets, while the total liability was only at US$29.15million.
The lending segment accounted for US$4,833,433 of net revenues during the nine months ended September 30, 2022, as compared to US$4,985,476 for the same period in 2021. This represents a marginal decrease of about US$152,043, or 3%, and demonstrates the stability of our lending segment. For the same period, total operating expense was approximately US$2.81million – which translates to a lending segment income of US$1.03million.
The arts and collectibles technology was responsible for over a majority of the revenue growth of the Company, with US$8,051,436 of net revenues during the nine months ended September 30, 2022, as compared to US$524,868 for the same period in 2021, representing a significant increase of approximately 1,534%. For the same period, the total operating expense was approximatley US$97.76million – which translates to a segment loss of US$90.85million.
https://www.otcmarkets.com/stock/cosg/news/Net-Revenue-Spikes-1534-to-8-Million-and-Total-Revenue-Rises-233-to-12-Million-for-Cosmos-Groups-2022-Q3-as-Compared-to-?id=378392