profit from every $100 of sales.
$0$100
CoinShares
$3.68-1.34% today
-65.4% since Mar 2, 26
1-year low $3.581-year high $11.28
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
0%20% a year
You pay $3.70 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What CoinShares sold, what it kept, and what it did with the cash.
Sales went from $109 million in 2021 to $110 million in 2024, with $131 million of profit last year.
SalesProfit
CoinShares vs. similar companies
CoinShares grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| CoinShares | 3.7× · Cheap | ||
 Morgan Stanley | 17.7× · Fair price | ||
 The Goldman Sachs Group | 15.6× · Fair price | ||
 The Charles Schwab | 18.1× · Fair price | ||
 Interactive Brokers Group | 142.8× · Very expensive |
AI analysis
An AI analyst reads CoinShares's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 109 | 62 | 55 | 110 | |
| 89 | 39 | 48 | 93 | |
| 86 | 43 | 1,452 | 1,770 | |
| -3,243 | 641 | 73 | 146 | |
| -3,256 | 630 | 59 | 131 | |
| -48.91 | 8.73 | 0.83 | 1.86 | |
| 81.5% | 63.5% | 86.8% | 84.7% | |
| 78.7% | 68.6% | 2,645.6% | 1,615.2% | |
| -2,987.2% | 1,013.3% | 107.8% | 119.5% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | – | 1,506 | 3,481 | 6,022 |
| Cash | – | 163 | 32 | 25 |
| Total debt | 218 | 28 | 33 | 28 |
| Total liabilities | – | 1,260 | 3,176 | 5,628 |
| – | 247 | 305 | 394 | |
| 70 | 72 | 71 | 70 | |
| – | 183.8% | 16.1% | 26.8% | |
| – | 255.3% | 19.4% | 33.2% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| -1,002 | 365 | -136 | -87 | |
| 1 | 1 | 1 | 2 | |
| -1,002 | 364 | -137 | -89 | |
| Dividends paid | – | 0 | 0 | 41 |
| 0 | 0 | 5 | 0 | |
| 2 | 1 | 2 | 1 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 3.7×
- –
- –
- 1.0×
- 4.4×
- 27.0%
- 0.0%
Profitability
- 119.5%
- 19.5%
- 65.4%
- 21.7%
- 24.7%
Growth
- +0.2%
- –
- –
- −3.0%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 8%of 855
Top 2%of 861
Bottom 22%of 860
Bottom 5%of 919
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 13, 2026 | 0.06 | 0.18 | −66.7% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
80Pass
Benjamin Graham
89Pass
Philip Fisher
81Pass
Peter Lynch
46No pass
Joel Greenblatt
79Pass
Charlie Munger
96Pass
Terry Smith
87Pass
Questions about CoinShares
Is CoinShares a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the CoinShares AI analysis
What does CoinShares do?
CoinShares PLC engages in the creating financial products with digital assets and blockchain technology business in Jersey. It operates through three segments: Asset Management, Capital Markets, and Principal Investments. It is in Capital Markets.
Does CoinShares pay a dividend?
Yes. In 2024 it paid out $41.2 million in dividends.
Is CoinShares stock halal?
Yes. CoinShares passes our halal screen: its business is permitted and its debt is 6% of its market value, under the 30% limit. How we check
Who are CoinShares's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with CoinShares's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.