# 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:** 8

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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 21:25 UTC](https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661/8 "2022-01-12T21:25:58Z")

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## Index Coop - October 2021 Financial Report

The Finance Nest is pleased to present the Index Coop’s October 2021 one-page Financial Report.

We have also prepared a longer deep-dive article which will be published to medium shortly (we will update this link when published)

At the end of September, the Index Coop treasury has a market value of $51.9m, of which 75.96% are INDEX tokens.

**Key Takeaways**

The DAO at a gross profit level experienced its 3rd consecutive profitable month as a result of no LM incentives on DPI or MVI. ETH 2x-FLI continued to be the best performing product totaling $393k, 63% of total revenue generated for October.

- Revenue increased by 21% and Contributor Rewards increased by 10%
- Gross profit was at its highest ever for the DAO up 15% MoM
- Contributor rewards increased during October. With some FTE vesting contracts being exercised now the 6-month cliff has been reached for certain contributors
- Total unique wallet address exposure at month-end was ~ 27k, approximately 90% of those wallets only hold one of our products, further research is being completed to review why accounts do not have exposure to multiple products
- Overall profitability declined slightly from 0.174k loss in September to 0.183k loss in October a 5.42% movement
- AUM grew significantly now totaling $460.8m a 45.6% increase from September, which is a result of positive asset price movement across the product offering.

The Finance Nest is constantly working to level up our financial reporting and key investor relations documents.

Please do drop a comment below and let us know what you think. Along with and further insights you wish to see in the future.

[Index\_Coop - Treasury Report - October 2021.pdf](https://gov.indexcoop.com/uploads/short-url/p8eWV1cCS5PTMO9GFEgmYmRu4PC.pdf) (245.9 KB)

 ![Screenshot 2022-01-12 at 21.22.01](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/3/383af22e7b920e090288d74ce0771083ccb61a1f.jpeg)

Original Post: [Index Coop - October 21 Financial report](https://gov.indexcoop.com/t/index-coop-october-21-financial-report/3155)  
Authors: @Ahuja, @ElliottWatts, @prairiefi, @Matthew_Graham, @Hammad1412

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_[View the full topic](https://gov.indexcoop.com/t/finance-nest-a-thread-of-monthly-financial-report-publications/3661)._