profit from every $100 of sales.
$0$100
DeFi Technologies
$0.30-8.61% today
-81.0% in 1 year
1-year low $0.301-year high $1.60
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, 2022 to 2025.
0%20% a year
You pay $1.89 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 DeFi Technologies sold, what it kept, and what it did with the cash.
Sales went from $137 million in 2022 to $75.8 million in 2025, with $62.4 million of profit last year.
SalesProfit
DeFi Technologies vs. similar companies
DeFi Technologies 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 |
|---|---|---|---|
| DeFi Technologies | 1.9× · Cheap | ||
 Raymond James Financial | 15.1× · Fair price | ||
 Tradeweb Markets | 35.3× · Expensive | ||
 Nomura Holdings | 13.1× · Cheap | ||
 LPL Financial Holdings | 26.4× · Fair price |
AI analysis
An AI analyst reads DeFi Technologies'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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 137 | 15 | 70 | 76 | |
| – | 14 | 40 | 53 | |
| -35 | -4 | -22 | 68 | |
| -44 | -11 | -24 | 70 | |
| -49 | -15 | -29 | 62 | |
| -0.24 | -0.07 | -0.10 | 0.17 | |
| – | 94.7% | 57.2% | 70.4% | |
| -25.5% | -28.7% | -31.8% | 89.6% | |
| -35.5% | -102.5% | -40.8% | 82.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 143 | 447 | 919 | 825 |
| Cash | 4 | 5 | 16 | 91 |
| Total debt | 40 | 43 | 10 | 6 |
| Total liabilities | 122 | 434 | 899 | 675 |
| 21 | 14 | 19 | 150 | |
| 209 | 223 | 296 | 378 | |
| -59.3% | -17.1% | -70.4% | 34.7% | |
| -236.1% | -111.3% | -149.0% | 41.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -66 | -70 | -95 | -133 | |
| 1 | – | – | 0 | |
| -67 | -70 | -95 | -133 | |
| Dividends paid | – | – | – | – |
| 10 | 0 | 3 | 3 | |
| 12 | 2 | 19 | 13 |
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
- 1.9×
- –
- –
- 1.7×
- 1.6×
- 53.0%
- 0.0%
Profitability
- 82.3%
- 26.0%
- -51.6%
- 85.3%
- 10.6%
Growth
- −17.8%
- –
- –
- +15.7%
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 5%of 827
Top 3%of 709
Top 1%of 876
Bottom 7%of 879
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 14, 2026 | 0.01 | -0.01 | +198.9% |
| Apr 2, 2026 | 0.08 | 0.03 | +201.1% |
| Nov 14, 2025 | 0.01 | 0.07 | −85.7% |
| Aug 14, 2025 | 0.05 | 0.07 | −28.6% |
| May 14, 2025 | 0.08 | 0.05 | +60.0% |
| Mar 31, 2025 | 0.04 | 0.05 | −20.0% |
News
DeFi Development announces proposed $20M offeringSeeking Alpha · Aug 31, 2026The newest story we have is from Aug 31, 2026.
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
5/7Passes 5 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
55No pass
Benjamin Graham
66Pass
Philip Fisher
63Pass
Peter Lynch
63Pass
Joel Greenblatt
85Pass
Charlie Munger
64Pass
Terry Smith
52No pass
Questions about DeFi Technologies
Is DeFi Technologies a good stock to buy?
A strong, very profitable business, and the price looks low. 5 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 DeFi Technologies AI analysis
What does DeFi Technologies do?
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 is in Financial - Capital Markets.
Does DeFi Technologies pay a dividend?
No. DeFi Technologies does not pay a dividend at the moment; in 2025 it returned $2.77 million to shareholders by buying back its own shares.
Is DeFi Technologies stock halal?
No. DeFi Technologies does not pass our halal screen: its cash and confirmed interest-bearing investments are 77% of its market value, at or above the 33% limit. How we check
How has DeFi Technologies stock done over the past year?
Down 81.0% over the past twelve months, to $0.30. It traded between $0.30 and $1.60 and is 81.0% below its high.
Who are DeFi Technologies's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with DeFi Technologies's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.