Jelurida Financial Report 2020
08 November 2022
In line with what was promised in the Jelurida Whitepaper, these are the relevant spending metrics we would like to report for the 2020 financial year:
1. The total spent on marketing and promotion in the above period was 718k CHF. This includes participation in various crypto and blockchain conferences, payments to marketing agencies and partners.
2. The total spent on product development and research, including salaries for employees and payments to contractors, as well as payroll overhead, was 1.6M CHF.
3. Total administrative and legal costs of running the company, including various legal services costs, payments for legal opinions for exchanges and protection of the intellectual property of the software were 479k CHF.
4. Total other expenses were 251k CHF. This number includes various banking fees, exchange rate losses, financial services fees and payments to various service providers.
The total expenses for the year up until 31.12.2020 were 3M CHF. As of the end of 2020, the company assets, including both fiat and crypto holdings, were valued at 43.964.628,86 CHF. The total paid corporate income tax for 2020 was 5.3M CHF.