DeFi Development Corp.DFDVEarnings & Financial Report
Automotive Design and Development Ltd (ADD) was an English company responsible for the creation of the futuristic-looking Nova kit car. It was based in Southampton from 1971 to 1973 after which it moved to Accrington, Lancashire until 1975. ADD failed and the rights to the Nova were bought by Nova Cars in Mirfield, West Yorkshire in 1978, which continued until 1990. A low volume production run was made by Nova Developments in Cornwall in the 1990s and the company was sold to India-based Aerot...
Revenue
$441.0K
Gross Profit
$432.9K
Operating Profit
$-852.0K
Net Profit
$-805.0K
Gross Margin
98.2%
Operating Margin
-193.2%
Net Margin
-182.5%
YoY Growth
-26.7%
EPS
$-0.08
DeFi Development Corp. Q2 FY2024 Financial Summary
DeFi Development Corp. reported revenue of $441.0K (down 26.7% YoY) for Q2 FY2024, with a net profit of $-805.0K (down 102.3% YoY) (-182.5% margin). Cost of goods sold was $8.1K, operating expenses totaled $1.3M.
Key Financial Metrics
| Total Revenue | $441.0K |
|---|---|
| Net Profit | $-805.0K |
| Gross Margin | 98.2% |
| Operating Margin | -193.2% |
| Report Period | Q2 FY2024 |
DeFi Development Corp. Annual Revenue by Year
DeFi Development Corp. annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.1M).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.1M |
DeFi Development Corp. Quarterly Revenue & Net Profit History
DeFi Development Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $4.6M | +647.2% | $56.0M | 1211.4% |
| Q2 FY2025 | $2.0M | +350.3% | $15.4M | 777.0% |
| Q1 FY2025 | $287.2K | -30.2% | $-778.0K | -270.9% |
| Q4 FY2024 | $628.9K | — | $-487.0K | -77.4% |
| Q3 FY2024 | $619.0K | +6.0% | $-471.0K | -76.1% |
| Q2 FY2024 | $441.0K | -26.7% | $-805.0K | -182.5% |
| Q1 FY2024 | $411.1K | — | $-964.0K | -234.5% |
| Q3 FY2023 | $583.8K | — | $-1.6M | -270.4% |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $583785 | $411137 | $441000 | $619000 | $628863 | $287172 | $2.0M | $4.6M |
| YoY Growth | N/A | N/A | -26.7% | 6.0% | N/A | -30.2% | 350.3% | 647.2% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.2M | $5.5M | $4.8M | $4.5M | $4.4M | $4.2M | $107.2M | $480.0M |
| Liabilities | $244353 | $528726 | $493656 | $528965 | $874000 | $1.3M | $27.6M | $236.2M |
| Equity | $6.0M | $5.0M | $4.3M | $4.0M | $3.5M | $2.8M | $79.6M | $243.8M |
Cash Flow
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-586192 | $-1.1M | $-680773 | $-412000 | $-2.4M | $-785639 | $-1.3M | $-5.0M |