Animoca Brands reported US$280 million in bookings for the 12 months ended 31 December 2023, down from US$402 million in 2022. That is a US$122 million decrease, or about 30.3% by calculation. The company described the figures in its 10 July 2024 investor update as unaudited and non-IFRS; bookings are not the same as revenue, profit or cash generated.
How much did bookings fall?
| Fiscal year | Bookings reported by Animoca Brands | Basis |
|---|---|---|
| 2022 | US$402 million | Non-IFRS bookings, as reported in the FY2023 investor update |
| 2023 | US$280 million | Non-IFRS bookings, described as unaudited in the FY2023 investor update |
| Change | Down US$122 million, or approximately 30.3% | Percentage calculated as (US$402 million − US$280 million) ÷ US$402 million |
The comparison covers the 12 months ended 31 December in each year. The approximately 30% headline describes the company’s bookings measure, not a reported decline in audited IFRS revenue, earnings or cash flow. Animoca Brands’ FY2023 investor update was published on 10 July 2024.
What Animoca Brands means by “bookings”
Animoca Brands defines bookings as a non-IFRS measure that combines revenue recorded on the income statement with deferred revenue. The company describes it as total sales activity. It is therefore a company-defined measure and should not be treated as interchangeable with revenue, profit or cash generated.
Deferred revenue is a balance-sheet liability: it represents payments received before the related service has been delivered. Animoca says this can apply to digital assets sold in games and applications when the company still has an obligation to provide future services. As those services are delivered, the deferred amount is recognized as revenue.
The Tool Desk
Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →#1 Best Overall
- You've studied the footage, connected the dots, and gathered what meagre evidence you could. You're close - soon the whole world will know the truth behind the Cryptid.
- Cryptid is a unique deduction game of honest misdirection in which players must try to uncover information about their opponent's clues while throwing them off the scent of their own.
- The game includes a modular board, five clue books, and a deck of setup cards with hundreds of possible setups across two difficulty levels. It is also supported by an entirely optional digital companion, allowing for faster game setup and a near-infinite range of puzzles.
- 3-5 players, Ages 10+
- 30-50 minute play time
Which activities made up FY2023 bookings?
The FY2023 update divided the US$280 million total among three activity categories:
| Category | FY2023 bookings | Examples given by Animoca Brands |
|---|---|---|
| Digital asset advisory | US$77 million | Token advisory, trading and blockchain node operations |
| Subsidiaries and incubated projects | US$182 million | Token and NFT sales, in-app purchases and other non-blockchain sales |
| Investment activity | US$21 million | Realized gains on digital-asset investments and Animoca Ventures investment-management fees |
These are the company’s reported categories and examples; the update labels the financial highlights unaudited and non-IFRS.
Rank #2
- Based on Ubisoft's best selling video game
- Take on the role of assassin in the ancient city of Constantinople
- Seek out targets and grab treasure
Why did Animoca say bookings fell?
Animoca attributed the decline mainly to slower economic activity across digital-asset markets and challenges facing crypto-related businesses after the FTX scandal, the collapse of Luna and TerraUSD, and related crypto-winter events. That is the company’s explanation in its investor update, not an independently established analysis of the causes.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Did bookings keep falling after 2023?
Q4 2023 rose from Q3
Despite the full-year decline, Animoca reported that bookings in the fourth quarter of 2023 increased 59% from the third quarter. The company said digital-asset markets strengthened toward the end of the year.
Rank #3
- ACCESSIBLE & ENGAGING - The giant game board measures 12 x 12 inches – almost 2 inches larger than the regular game, making the pieces easier to see and pick up!
- SIMPLE, YET CHALLENGING – It's the perfect strategy game for the whole family! It takes less than a minute to learn but can be played over and over again as players' strategies evolve.
- JUST ONE RULE - Players take turns placing their 21 pieces on the board. Each piece must touch another of the same color, but only at the corners!
- PLACE & BLOCK - Fit as many pieces on the board as possible while strategically blocking opponents!
- PLAY TO WIN - The game ends when no more pieces can be placed down, and the player with the lowest number remaining wins!
FY2024 rebounded; FY2025 was lower
In its 5 March 2025 FY2024 update, Animoca reported US$314 million in bookings for 2024, compared with US$280 million for 2023. It assigned US$165 million to Digital Asset Advisory, US$110 million to Web3 operating businesses and US$39 million to investment activity. These are company-reported non-IFRS figures, so the comparison shows a reported annual rebound rather than an audited confirmation of the FY2023 bookings measure. The FY2024 investor update also repeats the company’s basic bookings definition.
Animoca’s 8 September 2026 FY2025 update reported US$173 million in FY2025 bookings and described its annual financial highlights as unaudited and non-IFRS. It also said the company had issued audited financial statements for FY2023 in July 2026. The official investor-relations index lists the FY2023 annual report as released on 17 July 2026. The report’s contents and any reconciliation to the US$280 million bookings figure are not established by those release notices, so the figure above remains attributed to the FY2023 investor update. Animoca Brands’ FY2025 update and its investor-relations index provide the later context.
Quick Recap
Best Value
- AN ADVENTURE BOARD GAME – It is based on the iconic 1986 video game series Contra.It allows 1-4 players to experience exciting power-ups, players will dodge hazards on the board and pick up new weapons, all to help defeat a boss. Players can also play cards to defeat enemies and clear some of the board’s more dangerous areas. But Contra: The Board Game operates on a timer, and Commandos only have so long to defeat the boss.
- PLAY TIME & AGE RANGE – It is suitable for ages 14 +. The game lasts for about 45 min – 120 min.
- PERFECT GIFT - Delight your favorite 14-year-old and up with the Contra Board Game – a gift that's more than just a game; it's a doorway to laughter-filled nights and epic showdowns. Watch as excitement lights up their eyes with each strategic move and shared triumph. Because the best memories are made around a game board, and Contra is the key to creating those cherished moments of joy and friendly rivalry. Get ready to gift the thrill of fun and connection!
- IN THE BOX - The game comes with 4 Heroes (Standees), Standard and Small Card Decks, Stage Tile, Custom Dice, Boss Tokens, and a Rulebook.
- EXCITING GAME - Contra includes multiple decks that allows players to customize every game, making each time you play feel new and exciting!
Rank #4
- Cryptid-Themed Strategy Card Game: Experience a light strategy game for 2-4 players featuring cryptid characters, action cards, and skill-based play that adapts to your group's pace and style.
- Take-That Mechanics: Outwit opponents in just 60 minutes using hidden trait cards, Cryptid meeples, and take-that mechanics. A great addition to your collection of strategy board games with dynamic, competitive gameplay.
- High-Quality Components: Includes Cryptid meeples, tarot-sized cards, and durable action cards designed for immersive mind games. The box art features spooky lenticular packaging that looks great on your gaming shelf.
- Board Game for Adults, Teens, and Families: A fun card play for family game night, Halloween, or casual gatherings. Its light strategy mechanics fit well alongside party board games and family games for kids and adults.
- Expand Your Game Collection: Grow your lineup of card games with expansion packs like Cryptid Culture, Ness is More, and Yeti or Not. Explore cryptid-themed collectibles including vinyl blind boxes, reversible plushies, and card sleeves.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
