DeFi Technologies Inc. (DEFT) Interest Expense
The interest expense for DeFi Technologies Inc. (DEFT) is $4.68 Million with a year-over-year change of +74.01%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
DEFT Interest Expense Chart
Current Interest Expense
$4.68M
$4.68 Million
Year-over-Year Change
+74.01%
vs. $2.69M prior year
Historical Data
26
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $4.68M | +$1.99M | +74.01% |
| 2024 | $2.69M | +$321,239.086 | +13.57% |
| 2023 | $2.37M | $-594,493.686 | -20.08% |
| 2022 | $2.96M | +$2.02M | +215.80% |
| 2021 | $937,651.6 | +$937,651.6 | — |
| 2020 | $0 | +$0 | — |
| 2019 | $0 | +$0 | — |
| 2018 | $0 | +$0 | — |
| 2017 | $0 | +$0 | — |
| 2016 | $0 | +$0 | — |
| 2015 | $0 | +$0 | — |
| 2014 | $0 | +$0 | — |
| 2013 | $0 | +$0 | — |
| 2012 | $0 | +$0 | — |
| 2011 | $0 | $-2,936.105 | -100.00% |
| 2010 | $2,936.105 | +$2,936.105 | — |
| 2009 | $0 | +$0 | — |
| 2008 | $0 | +$0 | — |
| 2007 | $0 | +$0 | — |
| 2006 | $0 | +$0 | — |
| 2005 | $0 | +$0 | — |
| 2004 | $0 | +$0 | — |
| 2003 | $0 | +$0 | — |
| 2002 | $0 | +$0 | — |
| 2001 | $0 | +$0 | — |
| 2000 | $0 | — | — |
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