Metalpha Technology Holding Ltd - Understand $math stock

$MATH Market Cap: $34.08 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$22.45M

TTM

Gross Margin

3.11%

TTM

Net Earnings

-$24.24M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$174.7M

Q1 2024

Total Liabilities

$157.9M

Q1 2024

Book Value

$16.85M

Q1 2024

Cash

P/E

-1.406

Nov 29, 2024 EST

Free Cash Flow

-$12.74M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$16.76M	$5.692M	$2.156M	$225.8K	$10.00K	$2.760M	$4.280M	$3.590M	$1.660M	$0.00
YoY Change	194.51%	164.06%	854.87%	2157.5%	-99.64%	-35.51%	19.22%	116.27%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$16.76M	$5.692M	$2.156M	$225.8K	$10.00K	$2.760M	$4.280M	$3.590M	$1.660M	$0.00
Cost Of Revenue	$11.14M	$3.671M	$334.8K
Gross Profit	$5.628M	$2.021M	$1.821M
Gross Profit Margin	33.57%	35.5%	84.47%

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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$4.255M	$3.488M	$3.819M	$809.4K	$2.130M	$4.990M	$3.890M	$1.580M	$980.0K	$300.0K
YoY Change	22.0%	-8.67%	371.79%	-62.01%	-57.31%	28.28%	146.2%	61.22%	226.67%
% of Gross Profit	75.6%	172.59%	209.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$89.46K	$99.35K	$64.98K	$76.75K	$90.00K	$100.0K	$20.00K	$20.00K	$30.00K	$0.00
YoY Change	-9.95%	52.89%	-15.34%	-14.72%	-10.0%	400.0%	0.0%	-33.33%
% of Gross Profit	1.59%	4.92%	3.57%
Operating Expenses	$4.255M	$3.576M	$3.819M	$809.4K	$2.130M	$4.990M	$3.890M	$1.580M	$980.0K	$300.0K
YoY Change	18.98%	-6.35%	371.79%	-62.01%	-57.31%	28.28%	146.2%	61.22%	226.67%
Operating Profit	$1.373M	-$1.555M	-$1.998M
YoY Change	-188.28%	-22.15%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense			$1.956M	$1.607M	$3.00	$640.0K	$310.0K	$70.00K	$170.0K	-$20.00K
YoY Change			21.72%	53562800.0%	-100.0%	106.45%	342.86%	-58.82%	-950.0%
% of Operating Profit
Other Income/Expense, Net	-$6.008M	-$10.16M	-$6.110M	-$83.83K	-$10.00K	$140.0K	$60.00K	$90.00K	$0.00	$0.00
YoY Change	-40.88%	66.33%	7188.52%	738.3%	-107.14%	133.33%	-33.33%

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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	-$3.679M	-$11.70M	-$14.42M	-$5.212M	-$1.460M	-$1.460M	$760.0K	$2.180M	$820.0K	-$320.0K
YoY Change	-68.56%	-18.85%	176.67%	256.99%	0.0%	-292.11%	-65.14%	165.85%	-356.25%
Income Tax	$0.00	$218.0K	$8.060K	$0.00	$30.00K	$0.00	$630.0K	$460.0K	$160.0K	-$70.00K
% Of Pretax Income							82.89%	21.1%	19.51%
Net Earnings	-$3.679M	-$20.17M	-$14.43M	-$5.211M	-$1.487M	-$1.060M	$190.0K	$1.710M	$650.0K	-$250.0K
YoY Change	-81.76%	39.78%	176.89%	250.53%	40.24%	-657.89%	-88.89%	163.08%	-360.0%
Net Earnings / Revenue	-21.95%	-354.31%	-669.32%	-2308.18%	-14865.06%	-38.41%	4.44%	47.63%	39.16%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.11	-$0.76	-$611.9K	-$441.9K	-$124.3K	-$92.82K	$17.64K	$155.5K	$59.09K	-$22.73K

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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$48.08M	$9.471M	$5.287M	$10.02M	$8.980M	$9.500M	$8.680M	$3.220M	$0.00	$50.00K
YoY Change	407.62%	79.13%	-47.25%	11.61%	-5.47%	9.45%	169.57%		-100.0%
Cash & Equivalents	$4.880M	$6.748M		$982.5K	$20.00K	$40.00K	$3.940M	$3.220M	$0.00	$50.00K
Short-Term Investments	$43.19M	$2.723M		$9.040M	$8.970M	$9.460M	$4.740M
Other Short-Term Assets	$126.5M	$46.29M	$8.818M	$69.22K	$520.0K	$200.0K		$70.00K	$250.0K	$120.0K
YoY Change	173.31%	424.92%	12638.59%	-86.69%	160.0%			-72.0%	108.33%
Inventory
Prepaid Expenses
Receivables	-$2.080K	-$2.080K	-$67.77K	-$65.56K	$0.00	$1.730M	$1.610M	$670.0K	$60.00K	$0.00
Other Receivables	$52.66K	$165.7K	$9.589M	$5.503M	$250.0K	$420.0K	$1.500M	$90.00K	$1.550M	$730.0K
Total Short-Term Assets	$174.6M	$55.92M	$23.63M	$15.53M	$9.750M	$11.85M	$11.79M	$4.050M	$1.870M	$890.0K
YoY Change	212.28%	136.68%	52.15%	59.27%	-17.72%	0.51%	191.11%	116.58%	110.11%
Property, Plant & Equipment	$41.58K	$129.4K	$683.0K	$97.40K	$200.0K	$380.0K	$1.060M	$30.00K	$50.00K	$70.00K
YoY Change	-67.85%	-81.06%	601.25%	-51.3%	-47.37%	-64.15%	3433.33%	-40.0%	-28.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments						$0.00	$80.00K	$70.00K	$80.00K	$100.0K
YoY Change						-100.0%	14.29%	-12.5%	-20.0%
Other Assets	$48.35K	$29.38K	$29.44K	$6.360K	$20.00K	$90.00K	$90.00K	$50.00K	$10.00K	$10.00K
YoY Change	64.57%	-0.2%	362.89%	-68.2%	-77.78%	0.0%	80.0%	400.0%	0.0%
Total Long-Term Assets	$89.93K	$158.7K	$712.5K	$104.0K	$210.0K	$460.0K	$1.230M	$160.0K	$140.0K	$180.0K
YoY Change	-43.34%	-77.72%	584.79%	-50.46%	-54.35%	-62.6%	668.75%	14.29%	-22.22%
Total Assets	$174.7M	$56.08M	$24.34M	$15.63M	$9.960M	$12.31M	$13.02M	$4.210M	$2.010M	$1.070M
YoY Change
Accounts Payable			$357.2K	$22.14K	$10.00K	$10.00K	$50.00K	$60.00K	$30.00K	$30.00K
YoY Change			1513.28%	121.4%	0.0%	-80.0%	-16.67%	100.0%	0.0%
Accrued Expenses	$397.7K	$397.5K	$263.2K	$364.7K	$380.0K	$980.0K	$240.0K	$250.0K	$60.00K	$30.00K
YoY Change	0.05%	51.0%	-27.84%	-4.02%	-61.22%	308.33%	-4.0%	316.67%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$5.000M	$0.00	$0.00	$4.023M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change			-100.0%
Long-Term Debt Due	$40.25K	$93.17K				$80.00K		$0.00	$20.00K	$40.00K
YoY Change	-56.8%							-100.0%	-50.0%
Total Short-Term Liabilities	$157.9M	$47.44M	$10.03M	$7.071M	$2.590M	$2.930M	$2.020M	$1.190M	$560.0K	$1.320M
YoY Change	232.76%	372.93%	41.88%	173.0%	-11.6%	45.05%	69.75%	112.5%	-57.58%
Long-Term Debt	$0.00	$40.11K	$0.00	$0.00	$0.00	$70.00K	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%				-100.0%
Other Long-Term Liabilities			$105.5K	$9.910K
YoY Change			964.98%
Total Long-Term Liabilities	$0.00	$40.11K	$105.5K	$9.910K	$0.00	$70.00K	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	-62.0%	964.98%		-100.0%
Total Liabilities	$157.9M	$47.48M	$11.55M	$6.469M	$2.040M	$2.510M	$1.950M	$1.190M	$560.0K	$1.320M
YoY Change	232.48%	311.18%	78.51%	217.1%	-18.73%	28.72%	63.87%	112.5%	-57.58%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	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: $34.076 Million

About Metalpha Technology Holding Ltd

Metalpha Technology Holding Ltd. is a holding company, which engages in the development of reward-based crowdfunding platform. The company employs 19 full-time employees The company went IPO on 2017-10-20. The firm provides incubation services and financial services to entrepreneurs and business entities with funding needs utilizing its crowdfunding platform. In addition, the Company also provides auto-parts service operation to provide one-stop services serving auto-repair shops seeking and transacting with auto-parts suppliers. The firm provides an online crowdfunding platform, 5etou (www.5etou.cn), enables projects searching for funding to connect with funding sources. In addition to the operation of its funding platforms, the Company offers business incubation services to the projects utilizing its platform for their projects, at the election of the projects.

Industry: Investors, NEC Peers: Akso Health Group Roan Holdings Group Co., Ltd. Jianpu Technology Inc. Jiayin Group Inc. Pintec Technology Holdings Ltd Senmiao Technology Ltd