DeFi Technologies Inc.
DeFi Technologies Inc. (DEFTF) Financial Performance & Income Statement Overview
Explore the financials of DeFi Technologies Inc. (DEFTF), including yearly and quarterly data on income, cash flow, and balance sheets.
DeFi Technologies Inc. (DEFTF) Income Statement & Financial Overview
View the income breakdown for DeFi Technologies Inc. DEFTF across both annual and quarterly reports.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | -$5.49M | -$71.33M | $133.17M | -$22.02M |
| Cost of Revenue | $3.78M | $0.00 | -$61.68M | $1.01M |
| Gross Profit | -$9.26M | -$71.33M | $194.85M | -$23.03M |
| Gross Profit Ratio | $1.69 | $1.00 | $1.46 | $1.05 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $19.89M | $18.19M | $35.04M | $4.59M |
| Operating Expenses | $112.59M | -$71.33M | $35.04M | -$12.51M |
| Total Costs & Expenses | $112.59M | -$71.33M | $35.04M | -$11.50M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $417791.00 | $783865.00 | $929255.00 | $1.74M |
| Depreciation & Amortization | $546649.00 | $539147.00 | $516246.00 | $520460.00 |
| EBITDA | -$135.31M | $26.23M | $98.13M | -$10.00M |
| EBITDA Ratio | $24.66 | -$0.37 | $0.74 | $0.45 |
| Operating Income | -$118.08M | $0.00 | $98.13M | -$10.52M |
| Operating Income Ratio | $21.52 | $0.00 | $0.74 | $0.48 |
| Other Income/Expenses (Net) | -$18.20M | $24.91M | -$7.76M | -$8.04M |
| Income Before Tax | -$136.28M | $24.91M | $90.37M | -$18.04M |
| Income Before Tax Ratio | $24.83 | -$0.35 | $0.68 | $0.82 |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $40894.00 |
| Net Income | -$136.27M | $24.91M | $90.40M | -$18.08M |
| Net Income Ratio | $24.83 | -$0.35 | $0.68 | $0.82 |
| EPS | -$0.46 | $0.08 | $0.31 | -$0.06 |
| Diluted EPS | -$0.38 | $0.07 | $0.27 | -$0.06 |
| Weighted Avg Shares Outstanding | $321.26M | $298.10M | $291.90M | $284.13M |
| Weighted Avg Shares Outstanding (Diluted) | $321.26M | $355.30M | $332.82M | $284.13M |
Financial performance has remained strong, with revenue growing from -$22.02M in Q1 2024 to -$5.49M in Q4 2024. Gross profit continued to perform well, with margins at 169% in the latest quarter. Operating income reached -$118.08M in Q4 2024, holding a steady 2152% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$135.31M. Net income dropped to -$136.27M, keeping EPS at -$0.46. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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