Jelurida Financial Report 2019

In line with what was promised in the Jelurida Whitepaper, these are the relevant spending metrics we would like to report for the 2019 financial year:

1. The total spent on marketing and promotion in the above period was 584k 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 1.5M 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 158k CHF.

4. Total other expenses were 135k CHF. This number includes various banking fees, exchange rate losses, financial services fees and payments to various service providers.

The total expenses up until 31.12.2019 were 2.4M CHF. As of the end of 2019, the company assets, including both fiat and crypto holdings, were valued at 19,061,246.63 CHF.

As a preliminary estimate, at the end of 2020 the total assets of the company including both fiat and crypto were approximately 39M CHF, the 2020 financial report will be published in the next couple of months.