)
Visual
test
DeFi Technologies
DeFi Technologies (DEFI) investor relations material
DeFi Technologies Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary14 Nov, 2025
Executive summary
Q3 2025 revenue was $22.5 million with $9 million in operating income, marking the third consecutive profitable quarter and robust operational performance.
Assets under management (AUM) reached a record $989.1 million as of September 30, 2025, up from $772.9 million in Q2, driven by net inflows and digital asset price appreciation.
Net inflows for ETP products totaled $38.8 million in Q3 and $116.2 million year-to-date, with 100 ETPs listed by October.
CEO transition: Johan Wattenström appointed CEO and Executive Chairman, with Olivier Roussy Newton remaining as Strategic Advisor.
Financial highlights
Q3 2025 revenue was $22.5 million, with nine-month cumulative revenue of $80 million.
Q3 operating income was $9 million; net income after tax was $3.9 million for Q3 and $33.8 million for the nine months.
Valour generated $7.4 million in staking/lending income and $2.8 million in management fees, both up year-over-year.
Stillman Digital contributed $2.2 million in Q3 trading commissions; Reflexivity Research generated $109,500 in research revenue.
Cash and digital asset treasury totaled $165.7 million as of September 30, 2025.
Outlook and guidance
2025 annual revenue guidance revised down from $218.6 million to $116.6 million due to delays in DeFi Alpha arbitrage opportunities and digital asset price consolidation.
Achieving guidance depends on a modest crypto rally into year-end; bullish sentiment on crypto prices due to institutional and retail participation.
Company expects continued AUM growth and is positioned to capitalize on future arbitrage opportunities as market conditions evolve.
Stillman Digital forecasted to close 2025 with $8.6 million in revenue and margins in the 25-50% range.
Valour plans further ETP launches and global expansion, with a robust pipeline extending into 2026.
How will DeFi Alpha adapt to compressed spreads?
Valour's ETP product innovation and market focus
What is the strategic link to BTQ Technologies?
DeFi Alpha arbitrage: What market changes reduced spreads?
New CEO's immediate strategic priorities?
Stillman Digital: Key initiatives for 2026 growth?
DeFi Alpha: DAT impact & recovery?
Monetization rate improvement drivers?
Hybridized products: TAM expansion strategy?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and robust acquisitions. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRINet loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
- 6 FebCRINet loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
- 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRIRevenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects.
- 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position.
Next DeFi Technologies earnings date
Q4 20251 Apr, 2026
DeFi Technologies
Next DeFi Technologies earnings date
Q4 20251 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
DeFi Technologies Inc. is a Canada-based technology company specializing in the development and listing of Exchange Traded Products (ETPs). These ETPs offer investment opportunities by providing indirect exposure to underlying cryptocurrencies, digital asset indexes, and other instruments within the decentralized finance (DeFi) sector. DeFi Technologies also engages in decentralized blockchain network activities, contributing to network security, governance, and transaction validation. Furthermore, the company invests in DeFi companies and infrastructure aimed at functioning as an alternative to traditional financial systems. It is headquartered in Toronto, Canada.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage