Metalpha Technology Holding (MATH) Enterprise Value (2017 - 2025)
Metalpha Technology Holding (MATH) reported Enterprise Value of -$34.4 million for Q3 2025, down 17.95% year-over-year from -$41.9 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 9 years of Enterprise Value data on file, last reported at -$34.4 million in Q3 2025.
- Enterprise Value for Q3 2025 came in at -$34.4 million, down 17.95% year-over-year; the trailing twelve-month figure through Sep 2025 was -$34.4 million (down 17.95% YoY), and the FY2025 annual result was -$20.7 million, up 56.94% from the prior year.
- Enterprise Value retreated to -$34.4 million in Q3 2025 per MATH's latest filing, from -$20.7 million in the prior quarter.
- Over five years, Enterprise Value peaked at -$4.5 million in Q3 2021 and troughed at -$48.1 million in Q1 2024.
- A 5-year average of -$17.5 million and a median of -$9.5 million in 2023 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2024 and 2025: Enterprise Value tumbled 407.62% in 2024, then soared 56.94% in 2025.
- A 5-year view of Enterprise Value shows it stood at -$4.5 million in 2021, then slumped by 61.85% to -$7.3 million in 2022, then tumbled by 30.43% to -$9.5 million in 2023, then tumbled by 207.38% to -$29.2 million in 2024, then dropped by 17.95% 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 -$29.2 million in Q3 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | -268,003.51 |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | -133.53 Bn |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | -937.55 Bn |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | -44.98 Bn |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | -4.64 Bn |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 10.59 Bn |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | -1.02 Bn |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | -1.25 Bn |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | -1.52 Bn |
| 10 | Metalpha Technology Holding | 71,750.00 | -34.31 Mn | - | -34.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -34.39 Mn |
| Mar 31, 2025 | -20.70 Mn |
| Sep 30, 2024 | -29.15 Mn |
| Mar 31, 2024 | -48.08 Mn |
| Sep 30, 2023 | -9.48 Mn |
| Mar 31, 2023 | -9.47 Mn |
| Sep 30, 2022 | -7.27 Mn |
| Mar 31, 2022 | -5.29 Mn |
| Sep 30, 2021 | -4.49 Mn |
| Mar 31, 2021 | -6.67 Mn |
| Sep 30, 2020 | -6.06 Mn |
| Mar 31, 2020 | -6.15 Mn |
| Sep 30, 2019 | -9.30 Mn |
| Mar 31, 2019 | -9.99 Mn |
| Sep 30, 2018 | -11.13 Mn |
| Mar 31, 2018 | -8.76 Mn |
| Sep 30, 2017 | -5.22 Mn |
| Mar 31, 2017 | -2.48 Bn |