Defi Technologies, Inc. - Understand $deftf stock

$DEFTF Market Cap: $700.4 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$134.2M

TTM

Gross Margin

63.12%

TTM

Net Earnings

$60.77M

TTM

Current Assets

$793.7M

Q2 2024

Current Liabilities

$784.5M

Q2 2024

Current Ratio

101.17%

Q2 2024

Total Assets

$887.7M

Q2 2024

Total Liabilities

$784.5M

Q2 2024

Book Value

$103.2M

Q2 2024

Cash

$19.53M

Q2 2024

P/E

11.52

Sep 20, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$10.36M	$1.696M	$15.08M	-$46.78K	-$831.6K	-$6.185M	$5.917M	-$191.9K	$40.00
YoY Change	510.47%	-88.75%	-32338.31%	-94.37%	-86.56%	-204.53%	-3184.1%	-479725.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$10.36M	$1.696M	$15.08M	-$46.78K	-$831.6K	-$6.185M	$5.917M	-$191.9K	$40.00
Cost Of Revenue	$4.161M	$4.014M	$1.186M
Gross Profit	$6.195M	-$2.318M	$13.89M
Gross Profit Margin	59.82%	-136.62%	92.13%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$12.90M	$30.64M	$56.99M	$716.2K	$794.7K	$1.475M	$1.789M	$1.110M	$927.8K
YoY Change	-57.91%	-46.24%	7857.07%	-9.87%	-46.11%	-17.59%	61.23%	19.62%
% of Gross Profit	208.16%		410.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.051M	$2.296M	$3.640M
YoY Change	-10.65%	-36.93%
% of Gross Profit	33.11%		26.2%
Operating Expenses	$14.95M	$33.00M	$60.63M	$716.2K	$794.7K	$1.475M	$1.789M	$1.110M	$927.8K
YoY Change	-54.71%	-45.57%	8365.33%	-9.87%	-46.11%	-17.59%	61.23%	19.62%
Operating Profit	-$8.752M	-$35.32M	-$46.73M
YoY Change	-75.22%	-24.42%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$10.34M	$324.7K	-$15.48K	-$17.82K	$4.130K	$25.21K	$3.840K	$17.49K	-$66.48K
YoY Change	-3284.04%	-2197.55%	-13.13%	-531.48%	-83.62%	556.51%	-78.04%	-126.31%
% of Operating Profit
Other Income/Expense, Net				-$142.1K	$118.5K	-$2.129M	$0.00	$1.223M
YoY Change				-219.92%	-105.57%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	-$20.29M	-$49.97M	-$71.50M	$2.074M	-$1.507M	-$9.794M	$4.090M	-$12.85K	$462.1K
YoY Change	-59.4%	-30.1%	-3548.0%	-237.56%	-84.61%	-339.48%	-31926.23%	-102.78%
Income Tax
% Of Pretax Income
Net Earnings	-$20.29M	-$49.97M	-$71.50M	$2.074M	-$1.507M	-$9.794M	$4.090M	-$12.85K	-$14.69M
YoY Change	-59.41%	-30.1%	-3548.0%	-237.56%	-84.61%	-339.48%	-31926.23%	-99.91%
Net Earnings / Revenue	-195.9%	-2945.95%	-474.07%				69.12%		-36723175.0%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.09	-$0.24	-$371.2K	$35.90K	-$36.31K	-$235.9K	$167.9K	-$771.00	-$978.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$195.1M	$111.5M	$186.8M	$1.634M	$628.0K	$1.811M	$10.15M	$4.061M	$3.035M
YoY Change	74.94%	-40.31%	11328.89%	160.24%	-65.31%	-82.17%	149.99%	33.83%
Cash & Equivalents	$6.727M	$4.906M	$9.161M	$332.1K	$4.760K	$11.10K	$685.8K	$87.31K	$3.035M
Short-Term Investments	$188.3M	$106.6M	$177.6M	$1.302M	$623.3K	$1.800M	$9.467M	$3.974M
Other Short-Term Assets	$302.4M	$564.7K	$192.5M	$141.4K	$8.420K	$12.83K	$86.66K	$54.75K	$23.29K
YoY Change	53444.89%	-99.71%	136070.58%	1579.22%	-34.37%	-85.2%	58.28%	135.08%
Inventory
Prepaid Expenses
Receivables					$0.00	$123.2K	$50.82K	$93.95K	$2.152M
Other Receivables					$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$497.5M	$112.1M	$379.4M	$1.776M	$636.5K	$1.947M	$10.29M	$4.210M	$5.210M
YoY Change	343.66%	-70.44%	21262.78%	179.01%	-67.31%	-81.08%	144.43%	-19.19%
Property, Plant & Equipment	$7.680K	$1.938M	$39.22K						$0.00
YoY Change	-99.6%	4840.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$43.54M	$43.51M	$10.26M	$5.520M
YoY Change	0.08%	324.12%	85.82%
Other Assets	$643.5K	$53.36K	$1.597M			$0.00	$1.045M		$0.00
YoY Change	1105.94%	-96.66%				-100.0%
Total Long-Term Assets	$94.45M	$97.79M	$80.33M	$5.520M	$0.00	$0.00	$1.045M	$0.00	$0.00
YoY Change	-3.42%	21.73%	1355.2%			-100.0%
Total Assets	$592.0M	$209.9M	$459.7M	$7.296M	$636.5K	$1.947M	$11.34M	$4.210M	$5.210M
YoY Change
Accounts Payable	$4.444M	$5.747M	$4.377M	$992.3K	$1.802M	$1.605M	$1.199M	$962.5K	$2.034M
YoY Change	-22.68%	31.29%	341.15%	-44.94%	12.28%	33.84%	24.58%	-52.68%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$56.21M	$52.82M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	6.42%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$573.5M	$164.4M	$367.9M	$992.3K	$1.802M	$1.605M	$1.199M	$962.5K	$2.034M
YoY Change	248.89%	-55.32%	36977.71%	-44.94%	12.28%	33.84%	24.58%	-52.68%
Long-Term Debt	$0.00	$1.710M	$5.650K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	30163.89%
Other Long-Term Liabilities									$0.00
YoY Change
Total Long-Term Liabilities	$0.00	$1.710M	$5.650K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	30163.89%
Total Liabilities	$573.5M	$166.1M	$367.9M	$992.3K	$1.802M	$1.605M	$1.199M	$962.5K	$2.034M
YoY Change	245.29%	-54.85%	36978.27%	-44.94%	12.28%	33.84%	24.58%	-52.68%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $700.37 Million

About Defi Technologies, Inc.

DeFi Technologies, Inc. engages in the provision of investment services. The company is headquartered in Toronto, Ontario and currently employs 9 full-time employees. The firm specializes in financial markets, digital assets, and capital markets technology. Its segments include Canada, Bermuda, and Cayman Island. Cayman Island operates the Company’s exchange-traded products (ETPs) business line, which involves issuing ETPs, hedging against the underlying digital asset, lending, and staking of digital assets. Bermuda operates the Company’s venture portfolio and node business lines. Its DeFi Alpha trading desk complements a suite of business lines, including digital asset management, venture investments, research, and infrastructure support for DeFi, focusing on identifying low-risk arbitrage opportunities in the crypto market. Its Valour Asset Management offers exchange-traded products (ETPs) for simplified and secure access to digital assets. Its DEFI Infrastructure is engaged in running nodes for DeFi protocols and supporting decentralized networks.

Industry: Finance Services Peers: BROOKFIELD Corp /ON/