CoinShares PLC Ordinary Shares

CoinShares PLC Ordinary Shares

CSHR
CoinShares PLC Ordinary SharesUS flagNASDAQ Global Select
3.98
USD
+0.14
- -
524.49MMarket Cap
CoinShares PLC Ordinary Shares
CSHR
(NASDAQ Global Select)

Recent

price

3.98

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2024
2025
TTM
FRC
0.21
0.26
0.4
1.64
0.91
1.23
1.65
2.29
2.48
1.78
Revenue per Share
10.52
-1.43
-29.99
-48.92
9.23
1.13
1.97
2.44
1.74
1.73
Basic EPS, GAAP
-1.45
1.68
-1.05
-15.06
5.33
-1.84
-1.34
0.23
1.85
0.09
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.62
0.63
0.38
0.53
Dividend per Share
0.78
0.93
1.22
3.96
3.62
4.58
5.91
5.93
7.28
- -
Book Value per Share
0.78
0.93
1.22
3.6
3.41
4.38
5.7
5.72
7.05
5.96
Tangible Book Value per Share
63
57
63
67
68
67
67
67
66
66
Basic Weighted Avg Shares
13
15
25
109
62
83
110
152
163
118
Sales/Revenue/Turnover
42.02
17.78
26.26
78.7
68.58
58.65
1,615.15
54.84
58.07
440.23
Operating Margin (%)
- -
- -
1
2
3
4
3
3
3
2
Depreciation Expense
664
-81
-1,895
-3,256
630
76
131
162
114
115
Net Income, GAAP
0.04
- -
- -
- -
0.07
0.94
0.7
0.57
0.39
0.85
Effective Tax Rate (%)
4,963.91
-548.28
-7,561.27
-2,987.22
1,013.34
91.68
119.5
106.76
70.02
97.25
Profit Margin (%)
41
51
71
207
198
258
376
383
465
394
Working Capital
- -
2
1
- -
26
33
27
27
27
30
LT Debt
49
60
77
270
247
305
394
396
477
410
Total Equity
- -
- -
- -
- -
11.12
15.67
462.56
21.79
20.31
113.35
Return on Invested Capital (%)
- -
- -
- -
- -
167.18
27.5
37.44
45.64
26.26
-28.71
Return on Capital (%)
- -
-150.92
-2,787.96
-1,876.64
243.78
27.48
37.48
46.39
26.24
286,312.15
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1
23
42
LT Borrowings
25
25
28
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
66
65
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,977
4,661
6,136
Cash, Cash Equivalents & STI
1,220
1,114
1,473
Accounts Receivable, Net
2
2
3
Inventories
3,065
2,045
2,544
Total Current Liabilities
5,601
4,264
5,742
Payables & Accruals
112
- -
- -
ST Debt
1
23
42
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
13.04%
20.55%
Free Cash Flow
- -
53.16%
681.5%
Net Income, GAAP
- -
-28.01%
-29.66%
Sales/Revenue/Turnover
- -
13.75%
7.25%
Total Cash Common Dividend
- -
- -
-40.26%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24
28
27
32
110
2025
30
30
- -
- -
163
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.47
0.28
0.6
1.97
2025
0.36
0.49
- -
- -
1.74
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.09
0.52
0.01
0.62
2025
- -
0.2
- -
- -
0.38
2026
- -
- -
- -
- -
- -
Business
CoinShares PLC Ordinary Shares (CSHR) operates as a leading European asset manager focused on digital assets, offering a regulated suite of crypto investment products and related services to institutional and professional clients worldwide. Headquartered in Jersey with significant operations across Europe and the United States, CoinShares provides a broad platform spanning asset management, capital markets, and principal investments, underpinned by a centralized parent structure established in 2024 through the CoinShares PLC holding entity. Main products and services - Crypto ETPs and related investment products: CoinShares Physical exchange-traded products (ETPs) and the rebranded CoinShares XBT Provider line for exposure to Bitcoin and Ethereum, available as spot and derivative-based products; active management options and leveraged futures structures; products collateralized to offer transparent, regulated access to digital assets; distribution across European exchanges and Nordic markets. - Asset management services: Management of digital-asset-focused funds, segregated accounts, and bespoke mandates for institutional clients; alternative investment strategies including hedge fund solutions with Bitcoin and Ether exposure; ongoing governance, risk management, and reporting for crypto-focused portfolios. - Capital markets and liquidity services: Market-making, liquidity provision, and execution services to support crypto trading and ETP operations; treasury management and trading technologies to support multiple product lines; secondary-market support for listed digital-asset products. - Principal investments and venture activity: Strategic investments in crypto startups, infrastructure, and related ventures; participation in financing rounds and collaborations with crypto-native and fintech ecosystems; advisory and co-investment opportunities for ecosystem partners. Latest major company changes - Corporate restructuring and listing: Creation of CoinShares PLC as parent holding company to unify CoinShares International Limited and related entities, with CSHR trading on Nasdaq Stockholm and U.S. OTC markets, marking a strategic consolidation of the group structure. - Rebranding and regional expansion: XBT Provider crypto ETP brand rebranded to CoinShares XBT Provider to align with the group and facilitate expansion in Nordic markets, signaling intensified focus on regulated crypto exposure in Europe and the United States. - Strategic acquisitions and expansion: Acquisition of Valkyrie Funds in the United States, broadening global footprint and product distribution, and enhancing capabilities in the North American market for regulated crypto investment products. - Nordic and Nordic-region initiatives: Strengthened commitment to Nordic investors with ongoing product and regulatory alignment, including expanding availability of regulated Bitcoin and Ethereum ETPs and leveraging local market infrastructure. Additional context - Industry and segments: Digital asset management, crypto ETPs, capital markets services, and venture activities within the broader crypto-asset ecosystem; operates across asset management, trading technology, and institutional services. - Target markets and customers: Institutional investors, professional traders, family offices, and banks seeking regulated, transparent access to digital assets through listed products and bespoke mandates. - Geographic footprint: Headquarters in Jersey with substantial European operations (including the Nordic region) and an increasing presence in the United States; cross-border product availability via European and U.S. markets. - Founding year and parent relationships: Group traces origins to its early formation around crypto ETP platforms; consolidated under CoinShares PLC as the parent company since 2024, with CoinShares International Limited as the operating subsidiary; parent-level governance and strategic oversight accompany global asset management and capital markets activities. - Subsidiaries and affiliations: Key subsidiaries include CoinShares International Limited and CoinShares XBT Provider, with ongoing collaborations and investments in crypto-focused ventures and infrastructure partners within the broader CoinShares ecosystem.

Company News

  • CoinShares Launches OnChain Asset Management Business Through Strategic Partnership with Safe

  • CoinShares Survey: Digital Assets Now Held by a Majority of Affluent Investors in Seven Major Markets

  • CoinShares Appoints Matt Morris as Chief Financial Officer as Company Enters Next Phase as a U.S.-Listed Company

  • CoinShares: Cyclical Headwinds Mask Operational Resilience In H1

  • CoinShares Shareholders Approve Authority to Repurchase up to 25% of Ordinary Shares and Adopt 2026 Equity Incentive Plan

  • CoinShares PLC (CSHR) Shareholder/Analyst Call Prepared Remarks Transcript

  • CoinShares PLC (CSHR) Q2 2026 Earnings Call Transcript

  • CoinShares Q2 Earnings Call Highlights

  • CoinShares Announces First Half 2026 Results

  • CoinShares CEO Jean-Marie Mognetti to Attend Oppenheimer Fintech Leaders Conference in New York

  • CoinShares Announces Date of First Half 2026 Financial Results

  • CoinShares Co-Founder and Non-Executive Director Daniel Masters Adopts Pre-Scheduled Trading Plan

  • CoinShares Completes Acquisition of Bastion Asset Management

  • Notice of Virtual Extraordinary General Meeting of CoinShares PLC on September 15, 2026

  • CoinShares Renames WGMI as "Bitcoin Mining and Digital Power ETF," Reflecting the Convergence of Bitcoin Mining and AI Infrastructure

  • Treasuries, Gold and the S&P 500: The Assets Growing Fastest On-Chain Are the Most Traditional Ones

  • CoinShares Confirms Quarterly Reporting Cadence, Seeks Shareholder Approval for Buyback Authority

  • CoinShares CEO Jean-Marie Mognetti to Participate in Fireside Chat at Canaccord Genuity 46th Annual Growth Conference in Boston

  • CoinShares Unveils UCITS Platform, Expanding Access to Europe's €26.3 Trillion Regulated Fund Ecosystem

  • CoinShares Unveils UCITS Platform, Expanding Access to Europe's €26.3 Trillion Regulated Fund Ecosystem