Metalpha Technology Holding (MATH) Enterprise Value (2017 - 2025)

Metalpha Technology Holding (MATH) posted quarterly Enterprise Value of -$34.4 million for Q3 2025, up 38.14% year-over-year from -$24.9 million in Q3 2024, and down 66.12% quarter-over-quarter from -$20.7 million in Q1 2025.

Metalpha Technology Holding (MATH) Enterprise Value (2017 - 2025) Analysis & Trends

Metalpha Technology Holding (MATH) has reported Enterprise Value for 9 consecutive years, with -$34.4 million the latest figure, recorded in Q3 2025.

  • In Q3 2025, Enterprise Value rose 38.14% year-over-year to -$34.4 million; the TTM figure through Sep 2025 stood at -$34.4 million (up 38.14% YoY), while the FY2025 annual figure was -$20.7 million, up 56.94% from the prior year.
  • Enterprise Value declined to -$34.4 million in Q3 2025 per MATH's latest filing, from -$20.7 million in the prior quarter.
  • Across five years, Enterprise Value topped out at $7.2 million in Q3 2023 and bottomed at -$55.6 million in Q3 2024.
  • Historically, Enterprise Value has averaged -$18.3 million across 5 years, with a median of -$7.9 million in 2021.
  • Annual changes were most pronounced in 2023 — Enterprise Value surged 234.24% — and 2024, when it slumped 871.02%.
  • Metalpha Technology Holding's Enterprise Value stood at -$9.0 million in 2021, then surged by 40.11% to -$5.4 million in 2022, then soared by 234.24% to $7.2 million in 2023, then plunged by 871.02% to -$55.6 million in 2024, then soared by 38.14% to -$34.4 million in 2025.
  • Business Quant data shows MATH's Enterprise Value at -$34.4 million in Q3 2025, -$20.7 million in Q1 2025, and -$55.6 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -160.14 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - -976.35 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - -84.75 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -15.88 Bn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn -17.32 Bn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -2.21 Bn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -1.52 Mn
8 Interactive Brokers 39.54 Bn -3.28 Bn - -42.82 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -2.70 Bn
10 Metalpha Technology Holding 39.36 Mn 4.97 Mn - -34.39 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 -34.39 Mn
Mar 31, 2025 -20.70 Mn
Sep 30, 2024 -55.58 Mn
Mar 31, 2024 -48.08 Mn
Sep 30, 2023 7.21 Mn
Mar 31, 2023 -6.75 Mn
Sep 30, 2022 -5.37 Mn
Mar 31, 2022 -3.88 Mn
Sep 30, 2021 -8.97 Mn
Mar 31, 2021 -6.67 Mn
Sep 30, 2020 -6.20 Mn
Mar 31, 2020 -6.15 Mn
Sep 30, 2019 -9.27 Mn
Mar 31, 2019 -9.99 Mn
Sep 30, 2018 -8.93 Mn
Mar 31, 2018 -8.76 Mn
Sep 30, 2017 -2.00 Mn