21shares XRP ETF Financials

TOXR

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows 21shares XRP ETF (TOXR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 17/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of 21shares XRP ETF'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.

Leverage

100

21shares XRP ETF carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Returns

21shares XRP ETF generates a -14.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$36.0M

21shares XRP ETF reported -$36.0M in net income in fiscal year 2025.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

12M

21shares XRP ETF had 12M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-14.5%

21shares XRP ETF's ROE was -14.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

TOXR Income Statement

Metric	FY25
Revenue	N/A
Cost of Revenue	N/A
Gross Profit	N/A
R&D Expenses	N/A
SG&A Expenses	N/A
Operating Income	N/A
Interest Expense	N/A
Income Tax	N/A
Net Income	-$36.0M
EPS (Diluted)	N/A

Metric	Q1'26	Q4'25	Q3'25	Q1'25	Q4'24
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	-$52.3M	N/A	$54.7M+169999.5%	$32K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

TOXR Balance Sheet

Metric	FY25
Total Assets	$247.7M
Current Assets	N/A
Cash & Equivalents	N/A
Inventory	N/A
Accounts Receivable	N/A
Goodwill	N/A
Total Liabilities	$35K
Current Liabilities	N/A
Long-Term Debt	N/A
Total Equity	$247.7M
Retained Earnings	-$47.3M

Metric	Q1'26	Q4'25	Q3'25	Q1'25	Q4'24
Total Assets	$142.2M-42.6%	$247.7M-11.5%	$280.0M	N/A	$209.5M
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6K-81.6%	$35K-73.5%	$133K	N/A	$158K
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	$142.1M-42.6%	$247.7M-11.5%	$279.9M+33.7%	$209.4M0.0%	$209.4M
Retained Earnings	-$99.7M-110.5%	-$47.3M-180.0%	$59.2M	N/A	-$11.3M

TOXR Financial Ratios

Metric	FY25
Gross Margin	N/A
Operating Margin	N/A
Net Margin	N/A
Return on Equity	-14.5%
Return on Assets	-14.5%
Current Ratio	N/A
Debt-to-Equity	0.00
FCF Margin	N/A

Metric	Q1'26	Q4'25	Q3'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	-36.8%	N/A	19.6%+19.5pp	0.0%	N/A
Return on Assets	-36.8%	N/A	19.5%	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.000.0	0.000.0	0.00	N/A	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is 21shares XRP ETF profitable?

No, 21shares XRP ETF (TOXR) reported a net income of -$36.0M in fiscal year 2025.

What is 21shares XRP ETF's return on equity (ROE)?

21shares XRP ETF (TOXR) has a return on equity of -14.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What are 21shares XRP ETF's total assets?

21shares XRP ETF (TOXR) had $247.7M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does 21shares XRP ETF have outstanding?

21shares XRP ETF (TOXR) had 12M shares outstanding as of fiscal year 2025.

What is 21shares XRP ETF's debt-to-equity ratio?

21shares XRP ETF (TOXR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is 21shares XRP ETF's return on assets (ROA)?

21shares XRP ETF (TOXR) had a return on assets of -14.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

How financially healthy is 21shares XRP ETF?

21shares XRP ETF (TOXR) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.