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Phoenix investor factsheet

Fact Sheet

Phoenix Fact Sheet 2023

Fact Sheet

Phoenix Group specializes in a range of services, from high-performance computing to crypto and cloud mining, data center hosting, crypto trading, and crypto mining products and equipment. It has also expanded its global footprint across UAE, Oman, Canada, USA and CIS countries through its four verticals and the establishment of the UAE’s first fully regulated digital asset exchange M2.
Energy icon

Mining

Phoenix is one of the world’s leading Bitcoin miners, with over 15 EH/s capacity, equivalent to circa 3% of the global BTC hash rate.

chip

Hosting

Development, operations, and maintenance of specialized state- of-the-art mining facilities providing hosting services with high performance computing power for the generation of digital assets

employees

Trading

Phoenix has exclusive distribution rights in the Middle East and Africa for industry leading technology hardware brands and accessories (Bitcoin mining equipment and crypto-wallets)

suit-case

Investments

Phoenix’ investment arm aims to expand the business by acquiring strategic and profitable businesses to add both synergies to its core business as well as making healthy contributions to its bottom line. Recent investment in M2 Exchange and Lyvely is testament to its strategic direction and support of tech innovation in UAE

Phoenix Group Concludes A Triumphant 2023
Soaring Above Expectations

REVENUE

USD 288.2 MN

(AED 1.06 BN)
TOTAL COMPREHENSIVE INCOME

USD 220.9 MN

(AED 811.4 BN)
NET OPERATING PROFIT

USD 207.8 MN

(AED 763.1 BN)
TOTAL ASSETS

USD 834.0 MN

(AED 3.06 BN)
EPS

USD 0.04

(AED 0.15 BN)

Operational Metrics

2.8%

Hashing share in the network

18.4

BTC mining per day

527 MW

Current live power capacity

31.4 MW/EHs

Mining efficiency

2.15 BTC/EHs/DAY

Pool efficiency

5.45 cent

Power cost per KWHr

Competitive Advantage

Low-cost, long-term energy contracts

Highly efficient, best in class miners

Conducive regulatory framework

Large scale deployments

Favorable geographic presence

Vertical integration

Innovation

Highly talented team

Corporate Strategy

Group 1171274884

Leadership

Frame 1171275519 - Phoenix Group
Group 1171275296 - Phoenix Group
Phoenix Group UAE Logo
At Phoenix Group, we are passionate about the potential of blockchain and cryptocurrency to revolutionise the way we do business. We are proud to be recognised as leaders in the field, offering a comprehensive range of services extending beyond the realm of the web3 environment.

Phone : +971 4 323 9120

Email : info@phoenixgroupuae.com

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