Metalpha Reports a Nearly Tripled Revenue Surge & First Positive Annual Profit in FY2025
Rhea-AI Summary
Metalpha Technology (NASDAQ:MATH), a digital asset wealth management services provider, has reported outstanding financial results for fiscal year 2025. The company achieved $44.6 million in wealth management income, representing a remarkable 266% increase from the previous year.
The company demonstrated significant profitability improvement, posting a net profit of $15.9 million, marking a substantial turnaround from the previous year's loss of $3.7 million. Gross profit also saw substantial growth, reaching $21.3 million compared to $5.6 million in FY2024.
CEO Adrian Wang attributed the company's success to increasing global regulation clarity and mass adoption of digital assets, positioning Metalpha to capitalize on digital asset wealth management opportunities.
Positive
- Revenue from wealth management surged by 266% year-over-year to $44.6 million
- Achieved first positive annual profit of $15.9 million, turning around from $3.7 million loss
- Gross profit increased significantly to $21.3 million from $5.6 million in FY2024
- Benefiting from increased digital asset adoption and improved regulatory clarity
Negative
- Operating in volatile digital asset market subject to regulatory uncertainties
- Forward-looking performance subject to known and unknown risks
News Market Reaction
On the day this news was published, MATH declined 18.75%, reflecting a significant negative market reaction. Argus tracked a peak move of +22.3% during that session. Argus tracked a trough of -2.9% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $36M from the company's valuation, bringing the market cap to $155M at that time. Trading volume was very high at 3.3x the daily average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus on the day of publication.
FY2025 Annual Results Highlights
For the fiscal year ended March 31, 2025, Metalpha achieved
Fiscal Year 2025 (US$) | Fiscal Year 2024 (US$) | Fiscal Year 2023 (US$) | |
Income from Wealth | |||
Gross Profit | |||
Profit (loss) for the | ( | ( |
"Last fiscal year marked a transformative growth for Metalpha. The mass adoption of digital assets and increasing global regulation clarity provided a pivotal opportunity for us to shape the future of digital asset wealth management." Said Adrian Wang, CEO of Metalpha. "By leveraging our expertise spanning both digital assets and traditional financial markets, we are committed to delivering superior institutional-grade solutions – empowering clients to navigate digital asset opportunities with confidence. Exceeding client expectations remains our core mission."
The Company filed its annual report on Form 20-F for the fiscal year ended March 31, 2025 (the "2025 Annual Report") with the
About Metalpha
Metalpha Technology Holding Limited (Nasdaq: MATH), through its subsidiaries, is dedicated to providing digital asset-focused wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of digital asset-based wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.
Forward-Looking Statements
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the
Media Contact:
Betty Zhang
betty.zhang@metalpha.finance
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SOURCE Metalpha Technology Holding Ltd.