DeFi Technologies Inc. (DEFT) Free Cash Flow (FCF)
Not meaningful for this company
Free cash flow is not a meaningful metric for DeFi Technologies Inc.. For banks and insurers, "free cash flow" is a financing-driven balance-sheet artifact rather than operating cash available to owners; real-estate companies (REITs) are evaluated on FFO/AFFO instead. We show an honest "not meaningful" here rather than a misleading number.
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.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Johan Wattenstrom