About this Table

(1) Gachapon Repurchase: This is for gachapon buybacks/repurchases by CC. It includes Free Packs.

(2) Gachapon Redeemed & Burnt by Users: Only accounts for Cards Burnt + Redeemed/Removed from Collector's Crypt that comes from Gachapon which serves as a cost to Collector Crypt. The COGS is assumed to be 0.85x of Insured Value (Book Value) as this is the estimated cost incurred by platform to acquire the card.

(3) Gross Profit: Does not account for expenses due to partnership (eg Moonbirds or MagicEden Gacha Packs Opening).

(4) Partnership Revenue: This is mainly from Moonbirds partnership and covers the entire mint revenue. Magiceden Partnership does not fall here and is included in the Gachapon Machine revenue instead.