Metalpha Technology Holding Limited MATH

Annual Quarterly

FY2025 · ended Mar 31, 2025 · Revenue $44.57M, +165.9% YoY · Filed Jul 30, 2025

Metalpha Technology Holding Limited (MATH) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Mar 31, 2025, it reported revenue of $44.6 million and net income of $15.9 million. Free cash flow was $24,681. As of Mar 31, 2025 it held $6.9 million in cash and investments and $400,658 in total debt.

Revenue
$44.57M
+165.9% vs prior year
Net income
$15.89M
+532.0% vs prior year
Operating cash flow
$71,990
+100.6% vs prior year
Free cash flow
$24,681
+100.2% vs prior year
EPS
$0.41
+472.7% vs prior year
Dividend per share
None
Shares outstanding
47.11M
+19.3% vs prior year
Net cash
$6.52M
FY 2025
Operating margin
39.1%
FY 2025

Company profile

Industry
Finance Services (SIC 6199)
Listed as
MATH (Nasdaq)
Incorporated in
Hong Kong
Headquarters
Wan Chai
SEC filer status
Non-accelerated filer
SEC CIK
1682241
Former names
Dragon Victory International Ltd (until Nov 16, 2022)

Other Finance Services companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Mar 31, 2025
FY 2024
Mar 31, 2024
FY 2023
Mar 31, 2023
FY 2022
Mar 31, 2022
FY 2021
Mar 31, 2021
Revenue
$44.6M
$16.8M
—
$2.2M
$225,749
Operating income
$17.4M
$1.3M
—
-$3.2M
—
Net income
$15.9M
-$3.7M
-$20.2M
-$14.4M
-$5.2M
Diluted EPS
$0.41
-$0.11
-$0.76
-$0.79
—
Operating cash flow
$71,990
-$11.6M
-$1.1M
-$4.8M
-$2.8M
Free cash flow
$24,681
-$11.6M
—
—
—
Total assets
$246.8M
$174.7M
$56.1M
$24.3M
$15.6M
Total liabilities
$210.2M
$157.9M
$47.5M
$10.1M
$7.1M
Stockholders' equity
$36.6M
$16.9M
$8.6M
$14.2M
—
Cash and investments
$6.9M
$4.9M
$6.7M
$5.3M
$6.1M
Total debt
$400,658
$75,930
$254,210
$368,747
$5.4M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Sep 29, 2026 Sep 29, 2026
6-K Current report (foreign issuer) Aug 6, 2026 Aug 6, 2026
20-F Annual report (foreign issuer) Aug 6, 2026 Mar 31, 2026
6-K Current report (foreign issuer) Mar 31, 2026 Mar 31, 2026
6-K Current report (foreign issuer) Mar 9, 2026 Mar 9, 2026
6-K Current report (foreign issuer) Feb 20, 2026 Sep 30, 2025

Source: SEC EDGAR filings. This is company-reported data, not investment advice.