Overview
- DeFi Technologies reported preliminary unaudited 2025 results that sent the stock up 32% in after-hours trading.
- Revenue reached $99.1 million and net income came in at $62.7 million, reversing a loss the prior year.
- Growth came from Valour’s exchange-traded products and Stillman Digital, with Valour averaging $809.9 million in assets and $110.1 million in net inflows and Stillman generating $9.6 million in trading commissions.
- The company said the audit is delayed pending a third‑party SOC 2 Type 2 report, which auditors use to verify a vendor’s security and controls, and it reported no disputes with auditors or control weaknesses.
- Liquidity strengthened to about $178.7 million across cash, digital asset treasury, and the venture portfolio, and the board named Jonathan Dimitry as independent chair of the audit committee.