DeFi Technologies Inc (FRA:R9B)
€ 0.41 -0.0074 (-1.77%) Market Cap: 163.32 Mil Enterprise Value: 43.13 Mil PE Ratio: 4.93 PB Ratio: 1.26 GF Score: 50/100

Q1 2025 DeFi Technologies Inc Earnings Call Transcript

May 14, 2025 / 04:00 PM GMT
Release Date Price: €3.44 (-10.42%)

Key Points

Positve
  • DeFi Technologies Inc (DEFT) reported a record quarter with a net revenue of $62.7 million Canadian.
  • The company has successfully launched 65 exchange-traded products (ETPs) across multiple jurisdictions and plans to expand to over 100 by the end of the year.
  • DeFi Technologies Inc (DEFT) has upgraded its revenue guidance from $227.2 million Canadian to $285.6 million Canadian for 2025.
  • The acquisition of Stillman Digital has enhanced trading execution capabilities and is expected to contribute significantly to the bottom line.
  • DeFi Technologies Inc (DEFT) has a strong presence in Europe and the Nordics and is expanding into new markets such as the Middle East, East Africa, and Southeast Asia.
Negative
  • The company's total assets declined from 1.3 billion Canadian to just over 1 billion Canadian due to volatility in crypto prices.
  • Despite a positive net inflow of $72.4 million into ETP products, the company is still susceptible to volatile crypto prices.
  • Reflexivity Research recorded a decrease in revenue compared to the previous year, earning $262,000 Canadian in Q1 2025.
  • The Genesis loan is fully collateralized by 359 Bitcoin, which have been fully impaired, affecting the balance sheet.
  • The company faces challenges in entering new markets due to regulatory hurdles and the need for significant investment in relationships and time.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

DEFI.NLB - DeFi Technologies Inc
Q1 2025 DeFi Technologies Inc Earnings Call
May 14, 2025 / 04:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome to the Q1 2025 Defi technologies Financials, and today we're going to discuss our progress through the quarter, touch on a little bit about what we accomplished last year and what we're looking forward to over the course of course of this year in the next couple of years. My name is Kurtis Sloffman, VP of marketing and communications, joined by our CEO Olivia Russy Newton, co-founder Johan Wattenstrom. Our CFO Paul Pozoki, Capital Markets, head guy Russell Star, and our corporate secretary Kenny Choi. First thing we'll read, forward-looking statements and then we'll jump into this.

Risk and forward-looking statements, the the presentation given and certain statements made within this earnings poll, which
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