Metalpha Technology Holding Limited MATH FINANCIAL
Company Overview
Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. It offers digital asset-based wealth management services; executes cryptocurrency-related transactions, including the issuance of derivative products to over-the-counter clients; proprietary trading services; crypto derivative solutions, as well as enables the trading of crypto derivative products; traditional financial derivative products; and securities advisory and asset management services. The company also provides licensed services. It serves institutional investors and high-net-worth individuals. The company was formerly known as Dragon Victory International Limited and changed its name to Metalpha Technology Holding Limited in November 2022. Metalpha Technology Holding Limited was incorporated in 2015 and is headquartered in Wan Chai, Hong Kong.
Why Investors Should Care
Revenue has grown at a 86.9% CAGR over the past five years.
Operating margin of 17.0% supports profitability.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of $37.13M (-16.7% YoY); net profit $1.28M.
- Trailing 12 Months Year-on-year growth — revenue +1.1%, earnings -63.3%.
- 5-Year Trend Long-term compounding — revenue CAGR 86.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 86.85% |
| 1 Year: | 1.10% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | -63.30% |
Stock Price Performance
| 1 Year: | -62.41% |
| 6 Months: | -11.97% |
| 3 Months: | +12.81% |
| 1 Month: | +15.34% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)65.02 · Neutral
P/E of 51.50 is above the sector median of 12.89 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 86.9% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 51.5.
- Trading 74.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MATH Metalpha Technology Holding Limited FINANCIAL | 1.03 | 51.50 | $48.96M | 0.00% | 2.54% | 2.87% | 86.85% | - |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 353.51 | 15.15 | $939.70B | 1.72% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 505.83 | 12.72 | $712.23B | 0.00% | - | 12.12% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 368.64 | 31.35 | $628.20B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 570.89 | 31.44 | $496.37B | 0.62% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.39 | 14.41 | $436.28B | 2.04% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 757,791.00 | 12.71 | $370.14B | 0.00% | - | 12.12% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 106.26 | 15.18 | $363.70B | 3.65% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 216.24 | 17.48 | $339.62B | 2.26% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Profit & Loss (Annual)
Figures in USD.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 5.69M | 16.76M | 44.57M | 37.13M |
| Cost of Revenue | - | 4.38M | 11.14M | 23.26M | 21.74M |
| Gross Profit | - | 1.31M | 5.63M | 21.30M | 15.39M |
| Operating Expenses | - | 2.85M | 4.30M | 3.86M | 14.04M |
| Operating Income | - | -1.54M | 1.33M | 17.44M | 1.35M |
| EBITDA | - | -11.59M | -3.59M | 16.13M | 1.84M |
| Interest Expense | - | 8.46K | 4.24K | 75.25K | 17.78K |
| Pretax Income | - | -11.70M | -3.68M | 15.89M | 1.57M |
| Tax Provision | - | 218.03K | 0 | 0 | 289.09K |
| Net Income | - | -20.56M | -3.68M | 15.89M | 1.28M |
| Diluted EPS | - | -0.45 | -0.11 | 0.28 | 0.02 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 56.08M | 174.72M | 246.77M | 485.57M |
| Current Assets | - | 55.92M | 174.63M | 246.48M | 484.96M |
| Cash & Equivalents | - | 6.75M | 4.88M | 6.92M | 3.94M |
| Inventory | - | 41.11M | 126.47M | 221.16M | 379.92M |
| Receivables | - | 163.62K | 50.58K | 3.96M | 19.77M |
| Total Liabilities | - | 47.48M | 157.87M | 210.21M | 432.58M |
| Current Liabilities | - | 47.44M | 157.87M | 210.19M | 432.40M |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 133.28K | 5.04M | 212.69K | 536.56K |
| Total Equity | - | 8.60M | 16.85M | 36.56M | 52.99M |
| Shares Outstanding | - | 31.05M | 37.25M | 39.50M | 47.11M |
Cash Flows (Annual)
Figures in USD.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -1.14M | -11.60M | 71.99K | -14.86M |
| Investing Cash Flow | - | -20.42K | 32.68K | -23.31K | 208.42K |
| Financing Cash Flow | - | 2.60M | 9.73M | 2.11M | 11.79M |
| Capital Expenditure | -288.33K | -3.16K | -1.28K | -47.31K | - |
| Free Cash Flow | - | -1.14M | -11.60M | 24.68K | -14.86M |
| Net Change in Cash | - | 1.43M | -1.83M | 2.16M | -2.86M |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 23.1% | 33.6% | 47.8% | 41.4% |
| Operating Margin % | - | -27.1% | 7.9% | 39.1% | 3.6% |
| Net Margin % | - | -361.1% | -21.9% | 35.7% | 3.5% |
| ROE % | - | -239.1% | -21.8% | 43.5% | 2.4% |
| ROCE % | - | -17.8% | 7.9% | 47.7% | 2.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC | 0.19% | 88.25K | $89.13K |
| 2 | Susquehanna International Group, LLP | 0.12% | 56.67K | $57.23K |
| 3 | Goldman Sachs Group Inc | 0.11% | 52.65K | $53.17K |
| 4 | HRT Financial LP | 0.10% | 45.44K | $45.89K |
| 5 | Xtx Topco Ltd | 0.10% | 45.23K | $45.68K |
| 6 | Renaissance Technologies, LLC | 0.08% | 37.42K | $37.80K |
| 7 | Geode Capital Management, LLC | 0.07% | 31.31K | $31.63K |
| 8 | Citadel Advisors Llc | 0.06% | 30.43K | $30.73K |
| 9 | Apollon Wealth Management, LLC | 0.02% | 10.53K | $10.63K |
| 10 | Morgan Stanley | - | 1.20K | $1.21K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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MATH — Frequently Asked Questions
What is the current share price of Metalpha Technology Holding Limited (MATH)?
As of 2026-09-19 21:16 PDT, Metalpha Technology Holding Limited (MATH) trades at $1.03 on NasdaqCM. Its 52-week range is $0.74 to $3.99.
What is the market capitalisation of MATH?
Metalpha Technology Holding Limited (MATH) has a market capitalisation of $48.96M on NasdaqCM.
What is the P/E ratio of MATH?
MATH trades at a trailing price-to-earnings (P/E) ratio of 51.50. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 0.89.
What is the return on equity (ROE) of MATH?
MATH has a return on equity (ROE) of 2.87%. Its return on capital employed (ROCE) is 2.54%.
Is MATH a good stock to buy?
This page provides a data-driven analysis of Metalpha Technology Holding Limited (MATH), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.