# Finance Nest - A Thread of Monthly Financial Report Publications

**URL:** <https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661>\
**Category:** Finance\
**Tags:** Financial-Report\
**Created:** [12 January 2022 20:55 UTC](https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661 "2022-01-12T20:55:39Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![Finance](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/finance/32/2184_2.png) [@Finance](https://gov.indexcoop.com/u/Finance)\
**Post date:** [12 January 2022 21:09 UTC](https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661/4 "2022-01-12T21:09:44Z")

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## Index Coop - June 2021 Financial Report

I am pleased to present Index Coop’s June 2021 Financial Report. As June marks the end of Q3, Index Coop’s first quarterly report will be published in later in the month. 🦉

Index Coop continues to see strong month on month revenue growth with ETH2x-FLI revenue surpassing DPI’s contributions to be the main revenue earner during the month of May.

Key Takeaway:

- Index Coop’s transition towards profitability has began with a significant improvement in overall capital efficiency.
- A 32% reduction in MoM Gross Profit was more than offset by a 50% reduction in Liquidity Mining spending.
- Total units across all products increased by 12% MoM with ETH2x-FLI growing at 19% MoM, MVI growing at 12% MoM and DPI growing at 3% MoM.
- Liquidity Mining continues to be Index Coop’s largest cost at $0.59M during June with $0.49M being spent on supporting DPI liquidity on Uniswap V2.
- Index Coop made a loss of $0.5M during June which is a significant improvement on the $1.2M loss during May and heavily influenced by Liquidity Mining incentives.

Many thanks goes out to all those within the community who helped pull this together.

Please do drop a comment below and let us know what you think.

[Index Coop - Treasury Report - June 2021.pdf](https://gov.indexcoop.com/uploads/short-url/kGVDkiYZtlx3sjqFw5DGds37GJ6.pdf) (335.8 KB)

Original forum post: [Index Coop - June 2021 Financial Report](https://gov.indexcoop.com/t/index-coop-june-2021-financial-report/1940)  
Author: @Matthew_Graham, @ElliottWatts and @prairiefi

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