DeFi Technologies Q3 revenue falls 20%, CEO transition announced

DeFi Technologies

14/11/2025 12:14

Overview

DeFi Technologies Q3 2025 revenue of $22.5 mln, down from $28.1 mln in Q3 2024

Company revises 2025 revenue guidance from $218.6 mln to $116.6 mln

CEO transition announced, Johan Wattenström to become CEO

Outlook

DeFi Technologies revises 2025 revenue guidance to $116.6 mln from $218.6 mln

Company cites digital asset price consolidation for guidance revision

DeFi Technologies to provide 2026 revenue guidance with 2025 annual results

Result Drivers

AUM GROWTH - Valour's asset-management business saw AUM rise from $772.9 mln to $989.1 mln, driven by investor demand and digital asset price growth

STAKING AND LENDING INCOME - Valour generated $7.4 mln in staking and lending income, up from $6.5 mln in Q3 2024 due to higher AUM

REVENUE DECLINE - Revenue decreased due to lower gains on digital assets and ETPs, despite increased staking, lending, and management fees

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$22.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy"

Wall Street's median 12-month price target for DeFi Technologies Inc is C$5.00, about 59% above its November 13 closing price of C$2.05

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nPn51K3tHa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)