DeFi Development Corp.

DeFi Development Corp.DFDVEarnings & Financial Report

Nasdaq · Financials · Finance Services

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

$619.0K

Gross Profit

$611.0K

Operating Profit

$-454.0K

Net Profit

$-471.0K

Gross Margin

98.7%

Operating Margin

-73.3%

Net Margin

-76.1%

YoY Growth

6.0%

EPS

$-0.05

DeFi Development Corp. Q3 FY2024 Financial Summary

DeFi Development Corp. reported revenue of $619.0K (up 6.0% YoY) for Q3 FY2024, with a net profit of $-471.0K (up 70.2% YoY) (-76.1% margin). Cost of goods sold was $8.0K, operating expenses totaled $1.1M.

Key Financial Metrics

Total Revenue$619.0K
Net Profit$-471.0K
Gross Margin98.7%
Operating Margin-73.3%
Report PeriodQ3 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).

YearAnnual 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.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2025$4.6M+647.2%$56.0M1211.4%
Q2 FY2025$2.0M+350.3%$15.4M777.0%
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 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$583785$411137$441000$619000$628863$287172$2.0M$4.6M
YoY GrowthN/AN/A-26.7%6.0%N/A-30.2%350.3%647.2%

Balance Sheet

Q3 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 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 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-586192$-1.1M$-680773$-412000$-2.4M$-785639$-1.3M$-5.0M