Metalpha posts H1 FY2026 net loss of USD 2.89 million

Reuters
Yesterday
Metalpha posts H1 FY2026 net loss of USD 2.89 million

Metalpha posted a net loss of USD 2.89 million for H1 FY2026 (six months ended Sept. 30, 2025), compared with net income of USD 6.04 million a year earlier. Revenue was USD 12.02 million for H1 FY2026, versus USD 19.72 million in H1 FY2025, while cost of revenue was USD 8.63 million and general and administrative expenses were USD 6.30 million. Basic and diluted loss per share was USD 0.07 for H1 FY2026, compared with earnings per share of USD 0.16 in the prior-year period. On the balance sheet, total assets were USD 413.77 million as of Sept. 30, 2025, including digital assets of USD 378.97 million, cash and cash equivalents of USD 10.14 million, and financial assets measured at fair value through profit or loss of USD 24.25 million. Total liabilities were USD 378.71 million, including digital assets payable of USD 209.40 million and digital assets payable to related parties of USD 42.48 million, while total equity was USD 35.06 million. The filing reiterated Metalpha’s focus on proprietary trading of digital assets and derivative contracts in Hong Kong, and noted that digital assets are accounted for as inventories measured at fair value less costs to sell, with related “digital assets payables” measured at fair value through profit or loss. The company also reported issuing 3.14 million share awards during the period and recognized USD 1.38 million in share-based compensation.

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