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Side-by-side financial comparison of Metalpha Technology Holding Ltd (MATH) and SoFi Technologies, Inc. (SOFI). Click either name above to swap in a different company.
SoFi Technologies, Inc. is the larger business by last-quarter revenue ($1.0B vs $12.0M, roughly 85.3× Metalpha Technology Holding Ltd). SoFi Technologies, Inc. runs the higher net margin — 16.9% vs -24.0%, a 40.9% gap on every dollar of revenue. On growth, SoFi Technologies, Inc. posted the faster year-over-year revenue change (39.6% vs -39.0%).
Metalpha Technology Holding LtdMATHEarnings & Financial Report
Metalpha Technology Holding Ltd is a global fintech firm specializing in digital asset wealth management, institutional-grade crypto investment services, and Web3 ecosystem infrastructure support. It serves professional investors, financial institutions, and high-net-worth clients across Asia, North America and Europe, with core segments including structured digital asset products, risk management solutions and DeFi technology development.
SoFi Technologies, Inc. is an American financial technology company. Founded in 2011 by Stanford University students, it operates as a nationally chartered online bank and is a technology provider to other financial institutions. SoFi is the largest U.S. based online lender, and has 13.7 million customers as of 2025.
MATH vs SOFI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $12.0M | $1.0B |
| Net Profit | $-2.9M | $173.5M |
| Gross Margin | 28.3% | 84.2% |
| Operating Margin | -24.2% | 18.1% |
| Net Margin | -24.0% | 16.9% |
| Revenue YoY | -39.0% | 39.6% |
| Net Profit YoY | -147.7% | -47.8% |
| EPS (diluted) | $-0.07 | $0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $1.0B | ||
| Q3 25 | $12.0M | $961.6M | ||
| Q2 25 | — | $854.9M | ||
| Q1 25 | $24.8M | $771.8M | ||
| Q4 24 | — | $734.1M | ||
| Q3 24 | $19.7M | $697.1M | ||
| Q2 24 | — | $598.6M | ||
| Q1 24 | — | $645.0M |
| Q4 25 | — | $173.5M | ||
| Q3 25 | $-2.9M | $139.4M | ||
| Q2 25 | — | $97.3M | ||
| Q1 25 | $9.8M | $71.1M | ||
| Q4 24 | — | $332.5M | ||
| Q3 24 | $6.0M | $60.7M | ||
| Q2 24 | — | $17.4M | ||
| Q1 24 | — | $88.0M |
| Q4 25 | — | 84.2% | ||
| Q3 25 | 28.3% | 83.2% | ||
| Q2 25 | — | 82.4% | ||
| Q1 25 | 85.7% | 82.4% | ||
| Q4 24 | — | 82.5% | ||
| Q3 24 | 49.5% | 82.3% | ||
| Q2 24 | — | 81.7% | ||
| Q1 24 | — | 84.5% |
| Q4 25 | — | 18.1% | ||
| Q3 25 | -24.2% | 15.4% | ||
| Q2 25 | — | 13.1% | ||
| Q1 25 | 39.3% | 10.3% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | 38.9% | 9.2% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 14.6% |
| Q4 25 | — | 16.9% | ||
| Q3 25 | -24.0% | 14.5% | ||
| Q2 25 | — | 11.4% | ||
| Q1 25 | 39.6% | 9.2% | ||
| Q4 24 | — | 45.3% | ||
| Q3 24 | 30.7% | 8.7% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 13.7% |
| Q4 25 | — | $0.14 | ||
| Q3 25 | $-0.07 | $0.11 | ||
| Q2 25 | — | $0.08 | ||
| Q1 25 | $0.25 | $0.06 | ||
| Q4 24 | — | $0.31 | ||
| Q3 24 | $0.16 | $0.05 | ||
| Q2 24 | — | $0.01 | ||
| Q1 24 | — | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.1M | $4.9B |
| Total DebtLower is stronger | $101.2K | — |
| Stockholders' EquityBook value | $35.1M | $10.5B |
| Total Assets | $413.8M | $50.7B |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.9B | ||
| Q3 25 | $10.1M | $3.2B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | $6.9M | $2.1B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $3.8M | $2.4B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $3.7B |
| Q4 25 | — | — | ||
| Q3 25 | $101.2K | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $188.0K | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $275.1K | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $10.5B | ||
| Q3 25 | $35.1M | $8.8B | ||
| Q2 25 | — | $6.9B | ||
| Q1 25 | $36.6M | $6.7B | ||
| Q4 24 | — | $6.5B | ||
| Q3 24 | $25.3M | $6.1B | ||
| Q2 24 | — | $5.9B | ||
| Q1 24 | — | $5.8B |
| Q4 25 | — | $50.7B | ||
| Q3 25 | $413.8M | $45.3B | ||
| Q2 25 | — | $41.1B | ||
| Q1 25 | $246.8M | $37.7B | ||
| Q4 24 | — | $36.3B | ||
| Q3 24 | $237.2M | $34.4B | ||
| Q2 24 | — | $32.6B | ||
| Q1 24 | — | $31.3B |
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $3.3M | $-3.7B |
| Free Cash FlowOCF − Capex | — | $-4.0B |
| FCF MarginFCF / Revenue | — | -388.8% |
| Capex IntensityCapex / Revenue | — | 23.7% |
| Cash ConversionOCF / Net Profit | — | -21.56× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-6.9B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-3.7B | ||
| Q3 25 | $3.3M | $-1.3B | ||
| Q2 25 | — | $-1.5B | ||
| Q1 25 | $16.2M | $21.5M | ||
| Q4 24 | — | $-1.1B | ||
| Q3 24 | $-16.1M | $-1.2B | ||
| Q2 24 | — | $-484.4M | ||
| Q1 24 | — | $738.2M |
| Q4 25 | — | $-4.0B | ||
| Q3 25 | — | $-1.4B | ||
| Q2 25 | — | $-1.5B | ||
| Q1 25 | — | $-31.1M | ||
| Q4 24 | — | $-1.3B | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-521.1M | ||
| Q1 24 | — | $706.3M |
| Q4 25 | — | -388.8% | ||
| Q3 25 | — | -142.0% | ||
| Q2 25 | — | -179.0% | ||
| Q1 25 | — | -4.0% | ||
| Q4 24 | — | -173.5% | ||
| Q3 24 | — | -174.6% | ||
| Q2 24 | — | -87.0% | ||
| Q1 24 | — | 109.5% |
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | — | 7.4% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 21.0% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 5.0% |
| Q4 25 | — | -21.56× | ||
| Q3 25 | — | -9.37× | ||
| Q2 25 | — | -15.08× | ||
| Q1 25 | 1.64× | 0.30× | ||
| Q4 24 | — | -3.37× | ||
| Q3 24 | -2.66× | -19.32× | ||
| Q2 24 | — | -27.83× | ||
| Q1 24 | — | 8.39× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.