Metalpha Tech Financials
Metalpha Tech (MATH) reported $226K in revenue for fiscal year 2021, up 1906.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
A shrinking revenue base has left a financing-dependent cost structure rather than internally generated cash.
By FY2021, SG&A reached$4.2M against$226K of revenue; the cost base had become vastly larger than current activity. That mismatch coincided with operating cash flow of-$2.8M , showing that reported losses were accompanied by cash consumption rather than merely non-cash charges.
Financing supplied
The earlier profit episode did not establish a stable earnings engine: operating margin fell from
Financial Health Signals
Metalpha Tech does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Metalpha Tech passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Metalpha Tech reported a net loss of $5.1M while operations used $2.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Metalpha Tech reported an operating loss of $3.9M against $1.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Metalpha Tech generated $226K in revenue in fiscal year 2021. This represents an increase of 1906.3% from the prior year.
Metalpha Tech's EBITDA was -$3.9M in fiscal year 2021, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 89.8% from the prior year.
Metalpha Tech reported -$5.1M in net income in fiscal year 2021. This represents a decrease of 263.4% from the prior year.
Metalpha Tech earned -$0.44 per diluted share (EPS) in fiscal year 2021. This represents a decrease of 266.7% from the prior year.
Cash & Balance Sheet
Metalpha Tech held $983K in cash as of fiscal year 2021; long-term debt is not reported for that period.
Not reported for fiscal year 2021.
Not reported for fiscal year 2021.
Margins & Returns
Metalpha Tech's ROE was -56.2% in fiscal year 2021, measuring profit generated per dollar of shareholder equity. This is down 38.3 percentage points from the prior year.
Not reported for fiscal year 2021.
Not shown for fiscal year 2021: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2021: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for fiscal year 2021.
MATH Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q4'18 | Q2'18 |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).
MATH Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q4'18 | Q2'18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.7M-19.0% | $15.6M+78.2% | $8.8M-12.0% | $10.0M-8.5% | $10.9M-11.6% | $12.3M-5.4% | $13.0M+1.2% | $12.9M |
| Current Assets | $11.9M-23.5% | $15.5M+80.5% | $8.6M-11.7% | $9.7M-7.4% | $10.5M-11.2% | $11.8M+0.5% | $11.8M-7.5% | $12.7M |
| Cash & Equivalents | $1.8M+80.7% | $983K+537.8% | $154K+867.3% | $16K+17.4% | $14K-64.9% | $39K-99.0% | $3.9M-53.9% | $8.5M |
| Accounts Receivable | N/A | N/A | N/A | N/A | $940K-45.6% | $1.7M+7.2% | $1.6M-13.2% | $1.9M |
| Total Liabilities | $3.7M-47.8% | $7.1M+199.6% | $2.4M-8.8% | $2.6M+12.7% | $2.3M-23.3% | $3.0M+48.1% | $2.0M+36.3% | $1.5M |
| Current Liabilities | $3.4M-51.3% | $7.1M+202.8% | $2.3M-9.9% | $2.6M+13.9% | $2.3M-22.4% | $2.9M+44.8% | $2.0M+36.3% | $1.5M |
| Total Equity | $9.5M+4.1% | $9.2M+31.5% | $7.0M-12.0% | $7.9M-7.7% | $8.6M-7.8% | $9.3M-15.2% | $11.0M-3.4% | $11.4M |
| Retained Earnings | -$13.3M-125.3% | -$5.9M-197.3% | -$2.0M-163.6% | -$753K-233.1% | $566K-14.8% | $664K-64.6% | $1.9M-23.2% | $2.4M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
MATH Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q4'18 | Q2'18 |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
MATH Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q4'18 | Q2'18 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.45+1.3x | 2.20-1.5x | 3.68-0.1x | 3.76-0.9x | 4.63+0.6x | 4.04-1.8x | 5.83-2.8x | 8.58 |
| Debt-to-Equity | 0.39-0.4x | 0.77+0.4x | 0.340.0x | 0.33+0.1x | 0.27-0.1x | 0.32+0.1x | 0.18+0.1x | 0.13 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, FCF Margin.
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Where Metalpha Tech Ranks
Frequently Asked Questions
What is Metalpha Tech's annual revenue?
Metalpha Tech (MATH) reported $226K in total revenue for fiscal year 2021. This represents a 1906.3% 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 Metalpha Tech's revenue growing?
Metalpha Tech (MATH) revenue grew by 1906.3% year-over-year, from $11K to $226K in fiscal year 2021.
Is Metalpha Tech profitable?
No, Metalpha Tech (MATH) reported a net income of -$5.1M in fiscal year 2021.
What is Metalpha Tech's EBITDA?
Metalpha Tech (MATH) had EBITDA of -$3.9M in fiscal year 2021, measuring earnings before interest, taxes, depreciation, and amortization.
What is Metalpha Tech's return on equity (ROE)?
Metalpha Tech (MATH) has a return on equity of -56.2% for fiscal year 2021, measuring how efficiently the company generates profit from shareholder equity.
What is Metalpha Tech's operating cash flow?
Metalpha Tech (MATH) recorded an outflow of $2.8M in operating cash flow during fiscal year 2021, representing cash used by core business activities.
What are Metalpha Tech's total assets?
Metalpha Tech (MATH) had $15.6M in total assets as of fiscal year 2021, including both current and long-term assets.
What is Metalpha Tech's current ratio?
Metalpha Tech (MATH) had a current ratio of 2.20 as of fiscal year 2021, which is generally considered healthy.
What is Metalpha Tech's debt-to-equity ratio?
Metalpha Tech (MATH) had a debt-to-equity ratio of 0.77 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Metalpha Tech's return on assets (ROA)?
Metalpha Tech (MATH) had a return on assets of -32.9% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.
What is Metalpha Tech's Piotroski F-Score?
Metalpha Tech (MATH) has a Piotroski F-Score of 2 out of 7 computable signals; 2 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 Metalpha Tech's earnings high quality?
Metalpha Tech (MATH) reported a net loss of $5.1M while operations used $2.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Can Metalpha Tech cover its interest payments?
Metalpha Tech (MATH) reported an operating loss of $3.9M against $1.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.