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What Do They Do?

Provides blockchain consulting and training to corporate and individual clients, and develops blockchain infrastructure and enterprise solutions.

How Do They Make Money?

FY2025 revenue

Who Are Their Customers?

Its training and educational courses serve corporate and individual clients; it also provides blockchain consulting and enterprise solutions.

Do Revenues Turn Into Profits?

No. It lost $2M in FY2025.

Operating income, FY2025
−16906% of revenue
▼ −49% (Loss) vs FY2024 (−$6.1M, −13703%)
Net income, FY2025
−10693% of revenue
▼ −75% (Loss) vs FY2024 (−$8M, −17769%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −65%
vs $4.2K in Q2 FY2025
Net income
▼ −27% (Loss)
vs −$1M in Q2 FY2025

Shrinking. Revenue fell 96% in 4 years, from $434.6K in FY2021 to $18.5K in FY2025, about 55% a year.

Frame infrastructure The latest report adds development of the Frame interoperable settlement network alongside consulting and education.

Who Do They Compete With?

Competes with ConsenSys, Natsoft, Quest Global Technologies, CGI, Polkadot, Cosmos, Chainlink, and LayerZero

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