Metalpha Technology
Provides wealth management through Hong Kong digital-asset and derivative trading.
Something off on this page? Send us feedback.
Profile
Provides wealth-management services centered on proprietary digital-asset and derivative-contract trading through Metalpha Limited. The Cayman holding company ended its former Mainland China operations and now has its operating base in Hong Kong.
Provides wealth-management services centered on proprietary digital-asset and derivative-contract trading in Hong Kong through Metalpha Limited. The listed parent is a Cayman Islands holding company, while Metalpha Limited is a British Virgin Islands subsidiary. Its ordinary shares trade on Nasdaq under MATH.
Current operations were formed through the reorganization of former Dragon Victory International. After acquiring the remaining interest in Metalpha Limited, the group changed its name and sold its Mainland China operating interests, discontinuing its earlier supply-chain-management footprint. The business is now structured around Hong Kong digital-asset trading and wealth-management services.
Company facts
Key statistics
Year to date −62.3% · Average volume (30d) 38.0K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026 | — | $0.11 | — | — | — | — | −0.44% |
| Sep 30, 2020 | — | −$0.05 | — | — | $24.2K | — | +2.94% |
| Mar 31, 2020 | — | −$0.13 | — | — | $11.3K | — | 0.00% |
| Sep 30, 2019 | — | −$0.01 | — | — | $699.4K | — | −1.29% |
Financial highlights
| 12 quarters | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross profit | −$2.3M | −$9.0M | −$10.0M | −$13.4M | −$8.7M | −$13.3M | |
| Operating income | −$5.0M | −$10.4M | −$12.0M | $29.5M | −$14.9M | −$20.9M | |
| Net income | −$3.9M | $177.5K | $6.0M | $9.8M | −$2.9M | $4.2M | |
| Diluted EPS | −$0.12 | $0.00 | $0.16 | $0.25 | −$0.07 | $0.09 | |
| Gross margin | — | — | — | — | — | — | |
| Operating margin | — | — | — | — | — | — |
Balance sheet, Mar 31, 2026Cash & short-term investments $465.1M · Total debt $536.6K · Total assets $485.6M · Shareholders' equity $53.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 43.41M · Float 27.52M · 63.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Bingzhong Wang · director, 10 percent owner, officer: Chief Executive Officer | 5.38M | 12.40% | Form 4 | May 14, 2026 |
| Pengyuan Fan · director, officer: Chief Financial Officer | 2.5K | 0.01% | Form 4 | Apr 15, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- Galaxy Digital
Institutional crypto derivatives, trading, and structured-product platform
- Coinbase
Institutional crypto trading and derivatives-exchange platform
- CoinShares
Digital-asset asset management and institutional capital-markets services
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Metalpha Technology | $0.8113 | −6.75% | $35.7M | 23.6 | — | — | — |
| Galaxy Digital | $23.29 | +0.30% | $7.70B | — | — | 0.1 | +0.6% |
| Coinbase | $178.50 | −0.02% | $47.13B | — | 206.3 | 8.5 | −18.5% |
| CoinShares | $5.90 | −1.17% | $788.0M | 3.0 | — | 13.2 | — |
| Median | 3.0 | 206.3 | 8.5 | −9.0% |