Coinbase: Earnings Beat But The Crypto Winter Roars On

Leon Neal

Coinbase (NASDAQ:COIN) is the second most popular crypto exchange in the world (by daily trading volume) and the most popular in the U.S. (see below table).

Coinbase Volume

Crypto Exchange Volume (CoinMarketCap)

The company has faced a tough time since

Data by YCharts

Coinbase net revenue

Coinbase net revenue (Created by author Deep Tech Insights)

Subscription and Services Revenue

Subscription and Services Revenue (Q4 22 report)

Trading Volume Crypto

Trading Volume Crypto (Q4 ’22)

Consumer Institutional Investors

Consumer Institutional Investors (Q4 ’22 report)

Operating Expenses

Operating Expenses (Q4 ’22 report)

Capital USD

Capital USD (Q4 ’22 report)

Coinbase stock valuation 1

Coinbase stock valuation 1 (Created by author Deep Tech Insights)

Coinbase stock valuation 2

Coinbase stock valuation 2 (Created by author Deep Tech Insights)

Data by YCharts