Antalpha Platform Holding Company (ANTA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ANTA SEC filings page.
Antalpha Platform Holding Company (ANTA) reported $79.7M in revenue for fiscal year 2025, up 67.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Asset-heavy expansion is producing accounting profit faster than cash, while high leverage shapes the business model.
From FY2024 to FY2025, net profit margin rose from9.3% to30.7% while operating cash flow remained negative, so reported earnings are not yet translating into cash. That gap points to weak earnings-to-cash conversion or working-capital absorption rather than a self-funding operating model.
FY2025 assets reached
Operating margin expanded from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Antalpha Platform Holding Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Antalpha Platform Holding Company has an operating margin of 18.9%, meaning the company retains $19 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is up from 6.7% the prior year.
Antalpha Platform Holding Company's revenue surged 67.9% year-over-year to $79.7M, reflecting rapid business expansion. This strong growth earns a score of 99/100.
Antalpha Platform Holding Company has elevated debt relative to equity (D/E of 18.42), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 2/100, reflecting increased financial risk.
Antalpha Platform Holding Company's current ratio of 1.16 is below the typical benchmark, resulting in a score of 27/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Antalpha Platform Holding Company's operations used $3.8M of cash, and capex of $380K added to the outflow, for a free cash flow shortfall of $4.2M. This results in a cash flow score of 7/100.
Antalpha Platform Holding Company's ROE of 20.4% shows moderate profitability relative to equity, earning a score of 51/100. This is up from 9.5% the prior year.
Antalpha Platform Holding Company scores 0.15, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Antalpha Platform Holding Company passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Antalpha Platform Holding Company used $0.16 of operating cash (-$3.8M OCF vs $24.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Antalpha Platform Holding Company held $7.9M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
ANTA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
ANTA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F |
|---|---|---|
| Total Assets | $2.4B+91.8% | $1.3B |
| Current Assets | $874.2M-16.3% | $1.0B |
| Cash & Equivalents | $7.9M+32.5% | $5.9M |
| Short-Term Investments | $0 | $0 |
| Accounts Receivable | $8.0M+94.8% | $4.1M |
| Long-Term Investments | $10.3M+77.4% | $5.8M |
| Goodwill | $21.7M | N/A |
| Total Liabilities | $2.2B+82.5% | $1.2B |
| Current Liabilities | $753.7M-23.9% | $990.2M |
| Non-Current Liabilities | $1.5B+565.4% | $218.1M |
| Total Equity | $119.7M+158.0% | $46.4M |
| Retained Earnings | $16.3M+843.5% | -$2.2M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
ANTA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
ANTA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Antalpha Platform Holding Company ANTA | FY2025 | $79.7M | $24.4M | 30.7% | $82.8M | 35/100 |
| Finance of America Companies Inc. FOA | FY2025 | $497.4M | $45.2M | 9.1% | $136.1M | 24/100 |
| Oportun Financial Corporation OPRT | FY2025 | $405.8M | $25.2M | 6.2% | $361.5M | 15/100 |
| Open Lending Corporation LPRO | FY2025 | $93.2M | -$4.2M | -4.5% | $371.5M | 45/100 |
| Medallion Financial Corp MFIN | FY2025 | $254.9M | $43.0M | 16.9% | $278.7M | 22/100 |
| Consumer Portfolio Services CPSS | FY2025 | $434.5M | $19.3M | 4.5% | $203.9M | 29/100 |
Where Antalpha Platform Holding Company Ranks
Frequently Asked Questions
What is Antalpha Platform Holding Company's annual revenue?
Antalpha Platform Holding Company (ANTA) reported $79.7M in total revenue for fiscal year 2025. This represents a 67.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Antalpha Platform Holding Company's revenue growing?
Antalpha Platform Holding Company (ANTA) revenue grew by 67.9% year-over-year, from $47.5M to $79.7M in fiscal year 2025.
Is Antalpha Platform Holding Company profitable?
Yes, Antalpha Platform Holding Company (ANTA) reported a net income of $24.4M in fiscal year 2025, with a net profit margin of 30.7%.
What is Antalpha Platform Holding Company's EBITDA?
Antalpha Platform Holding Company (ANTA) had EBITDA of $16.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Antalpha Platform Holding Company's operating margin?
Antalpha Platform Holding Company (ANTA) had an operating margin of 18.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Antalpha Platform Holding Company's net profit margin?
Antalpha Platform Holding Company (ANTA) had a net profit margin of 30.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Antalpha Platform Holding Company's return on equity (ROE)?
Antalpha Platform Holding Company (ANTA) has a return on equity of 20.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Antalpha Platform Holding Company's free cash flow?
Antalpha Platform Holding Company (ANTA) recorded an outflow of $4.2M in free cash flow during fiscal year 2025. This represents a 64.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Antalpha Platform Holding Company's operating cash flow?
Antalpha Platform Holding Company (ANTA) recorded an outflow of $3.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Antalpha Platform Holding Company's total assets?
Antalpha Platform Holding Company (ANTA) had $2.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Antalpha Platform Holding Company's capital expenditures?
Antalpha Platform Holding Company (ANTA) invested $380K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Antalpha Platform Holding Company's current ratio?
Antalpha Platform Holding Company (ANTA) had a current ratio of 1.16 as of fiscal year 2025, which is considered adequate.
What is Antalpha Platform Holding Company's debt-to-equity ratio?
Antalpha Platform Holding Company (ANTA) had a debt-to-equity ratio of 18.42 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Antalpha Platform Holding Company's return on assets (ROA)?
Antalpha Platform Holding Company (ANTA) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Antalpha Platform Holding Company's P/E ratio?
Antalpha Platform Holding Company (ANTA) trades at 3.4x earnings, its market capitalization divided by net income of $24.4M net income, FY2025. The market capitalization is $82.8M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Antalpha Platform Holding Company's price-to-sales ratio?
Antalpha Platform Holding Company (ANTA) trades at 1.0x sales, its market capitalization divided by revenue of $79.7M revenue, FY2025. The market capitalization is $82.8M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Antalpha Platform Holding Company's Altman Z-Score?
Antalpha Platform Holding Company (ANTA) has an Altman Z-Score of 0.15, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Antalpha Platform Holding Company's Piotroski F-Score?
Antalpha Platform Holding Company (ANTA) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Antalpha Platform Holding Company's earnings high quality?
For every $1 of reported earnings, Antalpha Platform Holding Company (ANTA) used $0.16 of operating cash (-$3.8M OCF vs $24.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Antalpha Platform Holding Company?
Antalpha Platform Holding Company (ANTA) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.