DeFi Technologies Inc.

DeFi Technologies Inc.

DEFT
DeFi Technologies Inc.US flagNASDAQ Capital Market
0.56
USD
-0.01
- -
183.49MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
-0.01
0.2
-0.11
-0.02
0.05
0.04
0.65
0.07
0.24
0.22
0.12
Basic EPS, GAAP
-0.06
- -
-0.71
- -
0.14
-0.17
-0.03
0.03
-0.29
-0.23
-0.07
-0.1
0.18
0.1
Free Cash Flow per Basic Share
-0.01
-0.01
-0.02
-0.13
-0.06
-0.01
- -
-0.04
-1.33
-0.32
-0.31
-0.32
-0.39
-0.2
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.08
0.08
-0.11
-0.05
0.17
-0.08
-0.11
0.01
0.25
- -
-0.03
-0.03
0.36
0.34
Tangible Book Value per Share
0.11
0.1
-0.05
-0.05
0.2
-0.07
-0.1
0.03
0.08
-0.1
-0.12
-0.08
0.32
0.3
Basic Weighted Avg Shares
96
117
15
17
24
42
42
49
193
209
223
296
345
389
Sales/Revenue/Turnover
- -
- -
- -
- -
5
-5
-1
2
8
137
15
70
76
48
Operating Margin (%)
-460,416.27
-207,488.16
-2,157,586.03
678.48
69.76
123.84
195.56
75.73
-440.48
-25.47
-28.71
-31.76
89.6
91.09
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
3
2
2
2
2
1
Net Income, GAAP
-6
1
-11
- -
3
-7
-1
2
-56
-49
-15
-29
62
37
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.79
1.04
Profit Margin (%)
-1,547,995.69
118,988.69
-34,161,081.13
6.7
69.12
158.35
181.27
70.26
-691.4
-35.54
-102.51
-40.84
82.28
78.41
Working Capital
-2
-2
2
- -
1
-1
-1
3
9
-40
-57
-188
-8
45
LT Debt
1
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
3
2
Total Equity
14
15
2
2
8
- -
-1
5
72
21
14
19
150
156
Return on Invested Capital (%)
- -
- -
-7.75
- -
62.66
- -
- -
86.53
- -
- -
- -
- -
72.5
38.4
Return on Capital (%)
- -
- -
-142.12
- -
65.8
- -
- -
114.43
- -
- -
- -
- -
99.62
48.7
Return on Common Equity (%)
-53.8
6.57
- -
- -
- -
- -
- -
- -
-230.21
- -
- -
- -
- -
48.56

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
13
3
1
LT Borrowings
- -
- -
- -
LT Finance Leases
3
3
2
Preferred Equity and Hybrid Capital
3
3
3
Shares Outstanding
384
386
388
Market Capitalization
954
336
299

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
948
665
521
Cash, Cash Equivalents & STI
218
167
145
Accounts Receivable, Net
- -
8
9
Inventories
- -
- -
- -
Total Current Liabilities
1,081
672
476
Payables & Accruals
999
632
450
ST Debt
13
3
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
100.56%
394.57%
681.2%
Free Cash Flow
5,440.02%
2,960.72%
40.55%
Net Income, GAAP
-3,871.67%
-772.15%
-318.72%
Sales/Revenue/Turnover
-46,273.72%
425.58%
8.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-16
140
28
-8
70
2025
23
27
23
-4
76
2026
2
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-0.02
0.05
- -
-0.1
2025
0.1
- -
0.01
- -
0.18
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Johan Wattenstrom
Full Time Employees
9
Sector
Financial Services
Industry
Financial - Capital Markets
Address
198 Davenport Road Toronto ON Canada M5R 1J2
IPO Date
Aug 15, 2024
Website
defi.tech
Business
DeFi Technologies Inc. is a financial technology company that facilitates the integration of traditional capital markets with decentralized finance (DeFi) through advanced Web3 and regulated digital asset solutions. The company operates through multiple core business segments including the issuance and management of Exchange Traded Products (ETPs) under its subsidiary Valour, which provides investors with simplified access to a broad array of digital assets and cryptocurrencies. Additionally, DeFi Technologies engages in arbitrage trading desks, digital asset treasury strategies, staking operations, and participates in decentralized blockchain networks by running nodes that validate transactions and contribute to network security and governance. Its business lines also include an investment arm focused on early-stage ventures in the decentralized finance sector. DeFi Technologies serves institutional and retail investors across multiple geographic regions, with headquarters in Toronto, Canada, and was founded to bridge traditional finance with the emerging decentralized financial ecosystem. Recently, DeFi Technologies completed the acquisition of Stillman Digital, a leading global digital asset liquidity provider that has processed over $20 billion in trade volume since 2021. This acquisition expands the company's trading capabilities and diversifies its client base and revenue streams. Earlier in 2024, DeFi Technologies acquired Reflexivity Research LLC, a private research firm specializing in crypto-native market analysis, enhancing its offerings with market intelligence and research capabilities. The company also increased its stake in Swiss asset manager Neuronomics AG to a majority position, further broadening its asset management footprint. More recently, DeFi Technologies launched a DeFi Advisory business line providing institutional-grade digital asset treasury solutions, including asset management, trade execution, and strategic advisory services. Despite these expansions, the company faced a revenue decline in 2025 partly due to delays in executing arbitrage opportunities amid increased competition and market consolidation. The company continues to innovate and expand its regulated digital asset investment products and services to meet evolving market demands.

Company News

APIChat
  • DeFi Technologies Inc. (DEFT) Q1 2026 Earnings Call Transcript

  • DeFi Technologies Q1 Earnings Call Highlights

  • DeFi Technologies Inc. Announces First Quarter 2026 Financial Results with Revenue of $11.2 Million, Net Income of $4.9 Million, and Strong Balance Sheet

  • DeFi Technologies Appoints Russell Starr as Strategic Advisor

  • DeFi Technologies Announces Partnership with OMFIF's Digital Monetary Institute and Confirms Participation at the Digital Money Summit 2026 in London

  • DeFi Technologies Announces Shareholder Call to Discuss Q1 2026 Financial Results

  • DeFi Technologies' Asset Management Business, Valour, Secures US$11 Million in Institutional Investment into Hedera ETPs, Including US$10 Million on Börse Frankfurt and US$1 Million on Sweden's Spotlight

  • DeFi Technologies Announces Venture Portfolio Company Stablecorp's QCAD Is Now Live for Trading on Kraken

  • DeFi Technologies Inc. (DEFT) Q4 2025 Earnings Call Transcript

  • Traders Buy High Volume of DeFi Technologies Call Options (NASDAQ:DEFT)

  • DeFi Technologies Announces Shareholder Call to Discuss Record 2025 Financial Results with Revenue of $99.1 Million and Net Income of $62.7 Million

  • DeFi Technologies Announces Audited Full Year 2025 Financial Results with Record Revenue of $99.1 Million and Record Net Income of $62.7 Million

  • DeFi Technologies Inc. Announces Receipt of MCTO

  • DeFi Technologies Appoints Jacob Lindberg as Chief Revenue Officer of Valour, Its Asset Management Business, to Lead Nordic and European Expansion

  • DeFi Technologies Announces Preliminary Unaudited Full Year 2025 Financial Results with Record Revenue of $99.1 Million and Record Net Income of $62.7 Million; Appoints New Independent Chair of the Audit Committee

  • DeFi Technologies Announces the Appointment of Jacob Lindberg as Chief Revenue Officer of Valour to Lead Nordic and European Expansion

  • DeFi Technologies Provides Update on Timing of Annual Filings

  • DeFi Technologies to Present at Canaccord 6th Annual Digital Assets Virtual Symposium

  • DeFi Technologies Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

  • DeFi Technologies Appoints Philippe Lucet as General Counsel and Corporate Secretary