DeFi Technologies Inc. (DEFT)

DEFT Balance Sheet

Assets, liabilities, and equity analysis

DEFT Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	523.732M	523.732M	589.482M	850.353M	572.426M	573.524M	713.248M	455.148M	423.788M
Cash & Cash Equivalents	88.432M	88.432M	91.234M	119.541M	26.374M	13.895M	15.930M	11.324M	10.428M
Short-Term Investments	426.236M	426.236M	39.259M	111.474M	253.522M	275.949M	367.087M	295.517M	184.114M
Cash & Short-Term Investments	514.668M	514.668M	130.493M	231.015M	279.896M	289.843M	383.017M	306.841M	194.542M
Accounts Receivable	9.064M	9.064M	8.199M	163.451M	72.786M	60.741M	38.615M	21.739M	42.224M
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	636.267M	636.267M	824.564M	1.202B	874.052M	722.720M	917.770M	508.147M	474.030M
Property, Plant & Equipment	2.844M	2.844M	2.999M	3.171M	16K	0.00	90.34	409.16	1K
Goodwill	35.080M	35.080M	35.080M	40.065M	40.065M	37.193M	34.287M	26.994M	26.351M
Intangible Assets	35.196M	35.196M	400K	1.026M	1.281M	1.090M	1.463M	1.331M	1.579M
Long-Term Investments	73.528M	73.528M	163.779M	237.942M	239.545M	110.755M	168.438M	24.260M	21.890M
Total Current Liabilities	569K	569K	672.462M	1.081B	805.199M	667.334M	901.682M	432.005M	418.900M
Accounts Payable	449.889M	449.889M	631.133M	998.283M	780.061M	644.346M	874.448M	424.275M	409.230M
Short-Term Debt	569K	569K	2.611M	12.813M	7.407M	8.732M	9.692M	7.384M	9.501M
Total Liabilities	479.620M	479.620M	675.010M	1.084B	805.199M	667.334M	901.682M	432.005M	418.900M
Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt	2.978M	2.978M	5.713M	16.045M	7.407M	8.732M	9.692M	7.384M	9.501M
Net Debt (Cash)	-85.454M	-85.454M	-85.521M	-103.496M	-18.967M	-5.163M	-6.237M	-3.940M	-927K
Total Shareholders' Equity	156.647M	156.647M	149.554M	116.327M	67.368M	53.906M	16.088M	76.143M	55.130M
Common Stock	226.842M	226.842M	222.974M	220.089M	170.799M	146.442M	140.008M	99.939M	97.017M
Retained Earnings	-95.007M	-95.007M	-100.102M	-130.706M	-134.736M	-124.178M	-154.109M	-46.923M	-58.920M
Current Ratio	919.93	919.93	0.88	0.79	0.71	0.86	0.79	1.05	1.01
Debt to Equity Ratio	0.02	0.02	0.04	0.14	0.11	0.16	0.60	0.10	0.17

DEFT Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	589.482M	713.248M	282.959M	80.929M	148.830M	1.093M	375K	79K
Cash & Cash Equivalents	91.234M	15.930M	3.826M	3.619M	148.790M	204K	3K	6K
Short-Term Investments	39.259M	367.087M	17.356M	13K	14K	410K	367K	0.00
Cash & Short-Term Investments	130.493M	383.017M	21.183M	3.632M	148.804M	614K	370K	6K
Accounts Receivable	8.199M	38.615M	154.270M	50K	26K	0.00	0.00	66K
Inventory	0.00	0.00	0.00	0.00	0.00	500K	0.00	0.00
Total Assets	824.564M	917.770M	336.676M	143.117M	366.196M	4.490M	375K	1.047M
Property, Plant & Equipment	2.999M	90.34	4K	1.430M	31K	0.00	0.00	0.00
Goodwill	35.080M	34.287M	26.567M	34.459M	28.965M	0.00	0.00	0.00
Intangible Assets	400K	1.463M	2.015M	4.117M	54.517M	0.00	0.00	0.00
Long-Term Investments	163.779M	168.438M	24.764M	22.142M	161.696M	3.397M	0.00	968K
Total Current Liabilities	672.462M	901.682M	326.186M	121.267M	228.125M	611K	1.061M	863K
Accounts Payable	631.133M	874.448M	294.029M	82.066M	228.104M	546K	666K	542K
Short-Term Debt	2.611M	9.692M	31.970M	38.967M	0.00	0.00	0.00	0.00
Total Liabilities	675.010M	901.682M	326.186M	122.528M	293.086M	611K	1.061M	863K
Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt	5.713M	9.692M	31.970M	40.228M	4K	0.00	0.00	0.00
Net Debt (Cash)	-85.521M	-6.237M	28.143M	36.609M	-148.785M	-204K	-3K	-6K
Total Shareholders' Equity	149.554M	16.088M	10.493M	20.588M	73.114M	3.880M	-687K	184K
Common Stock	222.974M	140.008M	97.078M	122.570M	130.060M	14.376M	11.086M	10.126M
Retained Earnings	-100.102M	-154.109M	-104.387M	-123.548M	-81.210M	-13.888M	-14.529M	-12.522M
Current Ratio	0.88	0.79	0.87	0.67	0.65	1.79	0.35	0.09
Debt to Equity Ratio	0.04	0.60	3.05	1.95	0.00	0.00	0.00	0.00

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About DeFi Technologies Inc.

DeFi Technologies Inc. is a technology company specializing in creating exchange-traded products (ETPs) within Canada, which are designed to mirror the value of single or multiple decentralized finance (DeFi) protocols. The company also delivers a range of related services, including asset management, providing clients with indirect access to underlying digital assets, indexes, and other DeFi instruments. Furthermore, DeFi Technologies engages in early-stage investments across the digital asset ecosystem, operates a dedicated arbitrage trading desk to capitalize on low-risk market opportunities, conducts proprietary research, and offers an OTC desk along with digital asset liquidity solutions. Established in 1986 and headquartered in Toronto, Canada, the company was formerly known as Valour Inc. until it rebranded to DeFi Technologies Inc. in July 2023.

Toronto, ON

9 employees

defi.tech

Financial Services / Financial - Capital Markets

Sector: Financial Services
Industry: Financial - Capital Markets
CEO: Johan Wattenstrom

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