YOLFTbeta
DeFi Technologies Inc.

DeFi Technologies Inc.

DEFT · NASDAQ · Financial Services / Capital Markets

0.3249USD+0.02 (+7.02%)

Price History

Full chart

Market Stats

Previous Close0.3036
Open0.35
Day Range0.3106 – 0.35
52-Week Range0.3011 – 1.73
Volume3.04M
Market Cap129.47M
P/E (TTM)5.56
Forward P/E7.93
EPS0.06
Dividend Yield0.00%
Beta3.80
50-Day Avg0.4933
200-Day Avg0.594

About

DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. It provides asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. The company is also involved in early-stage investments in companies, banks, and foundations in the digital asset space; operation of specialized trading desk that focuses on opportunistic trading and arbitrage across the digital asset ecosystem; private research that produces research reports on digital assets; and provision of OTC desk and digital asset liquidity. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Johan Wattenstrom
  • Employees26
  • Headquarters333 Bay Street, Toronto, ON, Canada, M5H 2R2, USA
  • Websitehttps://defi.tech

Leadership

  • Mr. Johan WattenstromCo-Founder, CEO & Executive Chairman · b. 1970
  • Mr. Andrew ForsonPresident
  • Mr. Paul Sandor Bozoki CA, MBAChief Financial Officer · b. 1972
  • Mr. Philippe LucetGeneral Counsel & Corporate Secretary
  • Mr. Curtis SchlaufmanVice President of Marketing & Communications
  • Mr. Rafael RecavarrenHead of Corporate Development
  • Niclas LarsenChief Technology Officer of Valour Asset Management
  • Mr. Carson RoraiHead of Special Projects
  • Andrea DisaroStructured Products & Quantitative Analysis Principal

Financials

Income Statement

Currency: CAD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue--------------33.21K43-191.85K3.99M-6.19M-545.02K-15.08M-14.23M19.58M97.61M75.84M
Growth (%)----------------99.87%-446253.49%+2179.09%-255.07%+91.19%---194.34%+237.60%+398.65%-22.31%
Cost of Revenue------19.64K15.51K79.14K268.35K69.14K38.48K54.30K49.32K14.47K-13.36K42.27K22.68K2.88K-8.66M5.79M1.03M6.80M22.45M
Gross Profit-------22.84K-15.51K-79.14K-268.35K-69.14K-38.48K-54.30K-49.32K18.74K43-191.85K3.99M275.33K-547.90K-10.34M178.01M18.55M90.82M53.39M
Gross Margin--------------56.42%100.00%100.00%100.00%-4.45%100.53%-68.57%-1251.26%94.74%93.03%70.40%
Operating Expense------1.08M873.60K637.98K2.12M2.69M3.90M2.13M1.76M1.19M927.80K1.13M1.83M9.05M617.68K-55.89M225.24M24.17M121.60M25.03M
Operating Income-910.82K-413.30K519.82K-119.08K-301.57K-734.05K-1.10M-889.11K-717.13K-2.39M-2.76M-3.94M-2.19M-1.81M-1.17M-927.76K-1.32M2.16M-8.77M-1.17M1.63M-45.55M-47.23M-5.62M-30.79M28.36M
Operating Margin---------------3518.70%-2157586.05%690.50%54.09%141.86%213.86%--302.02%331.97%-28.71%-31.54%37.40%
EBITDA632.00K274.22K519.82K9.25-302.43K-729.68K-1.10M-881.38K-710.75K-10.34M-7.41M-4.92M-2.16M-4.63M-661.62K332.68K-9.58K4.15M-9.76M-1.16M1.63M-66.67M-59.52M-14.08M-33.05M69.76M
EBITDA Margin---------------1992.28%773681.40%5.00%104.03%157.85%213.28%--442.07%418.36%-71.93%-33.86%91.98%
Net Income-910.82K-413.30K-645.16K-119.08K-301.57K-714.75K-951.21K-791.19K-939.80K-9.79M-7.39M-4.85M-1.59M-6.08M580.15K-14.69M-9.56K3.25M-9.79M-1.16M1.63M-71.50M-65.90M-20.07M-39.04M62.41M
Net Income Margin--------------1746.97%-34161081.40%4.98%81.54%158.35%213.28%--474.07%463.20%-102.51%-40.00%82.28%
Interest Expense----------2.93K----------1.19M4.01M3.14M3.87M4.68M
Interest Expense % of Total Revenue---------------------7.86%-28.21%16.02%3.96%6.17%

Balance Sheet

Currency: CAD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.12M619.29K1.47K502.79379.84K4.96M8.25M10.77M8.11M7.90M12.52M19.67M22.59M19.07M17.86M3.75M3.13M9.01M1.43M487.23K5.72M459.69M194.00M592.76M1.32B824.56M
Total Liabilities155.39K69.90K91.08K32.61K228.55K71.56K37.35K108.40K91.60K801.47K1.41M1.39M1.12M4.75M2.90M1.47M716.12K953.61K1.18M1.38M778.14K367.91M166.09M574.75M1.30B675.01M
Total Equity962.87K549.39K-89.61K-32.11K151.28K4.89M8.22M10.66M8.02M7.09M11.11M18.27M21.48M14.32M14.95M2.29M2.42M8.06M250.93K-892.28K4.94M92.48M27.91M13.91M23.15M149.55M
Cash2.39K1.22K604.07266.8257.81K3.94M3.84M3.52M1.38M1.62M1.39M2.19M178.26K83.54K87.93K2.19M64.96K545.37K8.15K3.65K260.42K188.20M4.91M6.74M22.92M91.23M
Total Debt35.65K18.84K19.05K520.52112.74K--------883.57K-------5.69K54.53M42.37M13.95M5.71M
Net Debt33.26K17.63K18.45K253.7154.94K-3.94M-3.84M-3.52M-1.38M-1.62M-1.39M-2.19M-178.26K800.03K-87.93K-2.19M-64.96K-545.37K-8.15K-3.65K-260.42K-188.19M49.63M37.30M-8.98M-85.52M

Cash Flow

Currency: CAD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-70.36K-59.38K-59.12K-62.22K-77.94K-440.26K-532.85K-332.34K-416.23K-1.52M-1.93M-3.10M-1.39M-205.89K-435.22K-482.46K-1.99M-1.48M-2.15M-476.75K-1.21M-326.92M-90.08M-18.83M-129.96M-133.36M
Investing Cash Flow-60.09K80.09K42.23K--311.35K-623.03K-689.45K-1.66M-1.07M-1.33M-8.00M-7.50M-5.10M-729.39K-336.87K3.40M-981.82K819.09K1.47M470.88K-623.12K3.78M-2.67M-73.69M14.55M-560.28K
Financing Cash Flow116.20K-21.75K16.26K61.75K446.81K4.94M1.14M987.13K-2.87M9.70M11.42M4.39M845.25K787.42K--1.14M--2.10M332.01M88.06M94.62M131.08M207.73M
Capital Expenditure60.09K1.57K00311.35K612.64K245.63K1.59M1.03M1.36M7.71M7.50M5.10M797.32K351.76K0004.0843.1431.41K1.41M001.56K
Free Cash Flow-130.45K-60.95K-59.12K-62.22K-389.29K-1.05M-778.48K-1.92M-1.45M-2.88M-9.64M-10.60M-6.49M-1.00M-745.67K-482.46K-1.99M-1.48M-2.15M-476.74K-1.21M-326.95M-91.49M-18.83M-129.96M-133.36M
FCF to OCF185.41%102.64%100.00%100.00%499.46%239.15%146.10%577.56%348.60%189.09%500.05%342.42%465.96%487.25%171.33%100.00%100.00%100.00%100.00%100.00%100.00%100.01%101.57%100.00%100.00%100.00%

Earnings

Report DateMar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Dec 2, 2014Feb 25, 2015May 29, 2015Aug 26, 2015Nov 26, 2015Mar 2, 2016May 27, 2016Aug 24, 2016Nov 24, 2016Feb 10, 2017May 31, 2017Aug 30, 2017Nov 30, 2017Jun 1, 2018Aug 29, 2018Nov 29, 2018Feb 27, 2019May 29, 2019Aug 28, 2019Nov 28, 2019Feb 28, 2020Apr 27, 2020Aug 26, 2020Nov 26, 2020Feb 5, 2021Apr 26, 2021Aug 16, 2021Nov 16, 2021May 17, 2022Aug 16, 2022Nov 18, 2022May 17, 2023Aug 15, 2023Nov 15, 2023May 16, 2024Aug 14, 2024Nov 14, 2024Mar 31, 2025May 14, 2025Aug 14, 2025Nov 14, 2025Dec 31, 2025May 14, 2026Aug 13, 2026Nov 12, 2026Nov 13, 2026
EPS Estimate-----------------------------------------------------------------0.050.070.070.040.100.080.01-0.01-0.010.000.00
EPS Actual-0.11-0.05-0.10-0.07-0.05-0.24-0.04-0.06-0.04-0.05-0.15-2.86-0.12-0.17-0.09-1.06-0.24-0.09-0.07-0.16-0.01-0.08-0.07-0.01-0.03-0.44-0.04-0.14-0.03-0.020.000.090.000.05-0.70-0.01-0.01-0.010.04-0.02-0.05-0.000.06-0.04-0.05-0.03-0.06-0.01-0.01-0.00-0.00-0.010.000.04-0.01-0.04-0.05-0.01-0.05-0.07-0.02-0.03-0.00-0.02-0.050.270.07-0.440.120.070.01-0.07-0.05-0.03--
Surprise-----------------------------------------------------------------440.00%0.00%-728.57%200.00%-30.00%-87.50%-822.58%-400.00%-200.00%--
Timing-----------------------------------------------------------------After-hoursAfter-hours-Pre-marketAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap129.47M
Enterprise Value28.94M
Trailing P/E5.56
Forward P/E7.93
Price / Sales2.12
Price / Book0.95
EPS0.06
Book Value0.359
Revenue (TTM)61.21M
Gross Profit (TTM)61.21M
EBITDA16.85M
Profit Margin38.50%
Operating Margin-10.87%
Return on Equity22.29%
Return on Assets1.40%
Shares Outstanding388.09M
Shares Float381.00M
Beta3.80
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 2.08
  • Strong Buy
    6
  • Hold
    1

Ownership Breakdown

Institutions
9.10%
Insiders
2.35%
Retail / Other
88.55%

Top Institutional Holders

  • Weiss Asset Management LP
    6.17M1.59%
  • Charles Schwab Investment Management Inc
    3.10M0.80%
  • Susquehanna International Group, LLP
    2.72M0.70%
  • BMO Capital Markets Corp.
    2.21M0.57%
  • Bank of Montreal
    2.21M0.57%
  • American Century Companies Inc
    2.16M0.56%
  • Morgan Stanley - Brokerage Accounts
    1.85M0.48%
  • Jane Street Group LLC
    1.82M0.47%
  • Cable Car Capital LLC
    1.32M0.34%
  • Swiss National Bank
    738.92K0.19%
  • Millennium Management LLC
    459.90K0.12%
  • Legal & General Group PLC
    340.69K0.09%
  • Group One Trading, LLC
    335.64K0.09%
  • SG Americas Securities, LLC
    299.36K0.08%
  • Marex Group Ltd
    296.20K0.08%
  • Ethos Financial Group LLC
    264.42K0.07%

Top Fund Holders

  • R-co Thematic Blockchain Global Eq I EUR
    2.05M0.53%
  • Avantis International Small Cap Val ETF
    1.23M0.32%
  • SEB Blockchain Economy Exposure B (USD)
    326.87K0.08%
  • Avantis International Equity ETF
    268.80K0.07%