Upgrade to SI Premium - Free Trial

DeFi Technologies reports record $99.1 million revenue, $62.7 million net income

March 31, 2026 5:00 PM

DeFi Technologies Inc. (NASDAQ: DEFT) reported preliminary unaudited annual revenue of $99.1 million and net income of $62.7 million for the fiscal year ended December 31, 2025, according to a company statement. The results represent a 215% increase in annual revenue and a $90.3 million improvement in net income compared to the prior year.

For the fourth quarter of 2025, the company reported revenue of $20.0 million and net income of $28.9 million, compared to a net loss of $(22.3 million) in the same period of 2024.

The company's Valour asset management business reported average assets under management of $809.9 million throughout 2025, with net inflows of $110.1 million into its exchange-traded product offerings during the fiscal year.

Stillman Digital, acquired in October 2024, contributed $9.6 million in trading commissions revenue for fiscal 2025, representing a 355% increase from $2.1 million in the prior year when it was not owned for the full period.

As of December 31, 2025, DeFi Technologies held $113.8 million in cash and stablecoins, with digital asset treasury holdings totaling approximately $35.5 million and venture portfolio valued at approximately $29.4 million.

The company announced it will delay filing its audited annual financial statements due to waiting for a SOC 2 Type 2 report from a third-party vendor. DeFi Technologies has applied to the Ontario Securities Commission for a management cease trade order while completing the filing requirements.

The company also appointed Jonathan Dimitry as independent Chair of its Audit Committee. Dimitry brings experience from Goldman Sachs and other financial institutions, and currently serves as Founder and Partner of BlueCarbon, a private investment company.

Categories

Corporate News

Next Articles