Metalpha Technology Holding LtdMATH
What Metalpha Technology Holding Ltd does.
Our primary business operation centers around digital asset services, which we offer through our subsidiaries. We initiated digital asset services in December 2021 and generate income primarily from the execution of cryptocurrency-related transactions, which includes the provision of derivative solutions to over-the-counter (“OTC”) clients and our proprietary trading activities. In the fiscal year ended March 31, 2024, 2025 and 2026, we provided crypto derivative solutions and liquidity to our clients, facilitated through our principal trading activities, enabling seamless trading of crypto derivative solutions. In addition, to meet their diverse digital asset demands, we also traded with certain clients through traditional derivative instruments. For the fiscal years ended March 31, 2024, 2025 and 2026, the income generated from our digital asset services was $16.8 million, $41.5 million and $37.1 million, respectively.
In addition, our Hong Kong subsidiary, LSQ Capital Limited, is licensed by SFC to provide securities advising and asset management services in Hong Kong. During the current financial year, we have commenced generating revenue from these SFC-licensed activities. We generated $3.1 million in revenue from these SFC-licensed activities during the fiscal year ended March 31, 2025 and we did not generate revenue from this segment during the fiscal year ended March 31, 2026.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $11,252 | $225,749 | $2.2M | $5.7M | $16.8M | $44.6M |
| Net income | -$1.4M | -$5.1M | -$14.4M | -$20.6M | -$3.7M | $15.8M |
| Free cash flow | — | — | — | -$1.1M | -$11.6M | $24,681 |
More on MATH.
- Metalpha Technology Holding Ltd summary
- Metalpha Technology Holding Ltd financial statements
- Metalpha Technology Holding Ltd key metrics
- Metalpha Technology Holding Ltd health scores and style box
- Metalpha Technology Holding Ltd earnings
- Metalpha Technology Holding Ltd dividends
- Metalpha Technology Holding Ltd valuation
- Metalpha Technology Holding Ltd ownership and insiders
- Metalpha Technology Holding Ltd peers
Figures from Metalpha Technology Holding Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.