Metalpha Reports Half-Year FY2025 Financial Results with Revenues up Nearly Four-fold, and Announces a $5 Million Share Repurchase Program

HONG KONG, Feb. 13, 2025 /PRNewswire/ — Metalpha Expertise Holding Restricted (Nasdaq: MATH) (the “Firm” or “Metalpha”), a world chief in digital asset wealth administration, is happy to announce its unaudited monetary outcomes for the six months ended September 30, 2024, with income up by a formidable 388% in comparison with the identical interval in FY2024. The Firm additionally introduced immediately that its Board of Administrators has permitted a share repurchase program of as much as $5 million, reflecting confidence within the Firm’s future progress. For the reason that announcement of the Firm’s three way partnership with Antalpha Applied sciences Restricted on November eighth, 2021, Metalpha has grown to grow to be a frontrunner in digital asset wealth administration, with its sturdy monetary efficiency demonstrating substantial progress amid rising adoption of cryptocurrency.

FY2025 Interim Outcomes Highlights

For the six months ended September 30, 2024, Metalpha achieved whole income of $19,720,654, almost fourfold in comparison with $5,085,150 for a similar interval in FY2024. Web revenue reached $6,044,921, a outstanding turnaround from a web lack of $3,856,955 within the prior-year interval. The expansion was pushed by the pursuit of delivering high-quality services and products to purchasers. The next desk presents the Firm’s whole income and web revenue (loss) for every of the six-month interval ended September 30, 2024, March 31, 2024, September 30, 2023 and March 31, 2023:

For additional info concerning the Firm’s unaudited monetary outcomes for the primary six months of fiscal yr 2025, please seek advice from the unaudited consolidated monetary statements of the Firm as of September 30, 2024 and for the six months ended September 30, 2024, furnished to the U.S. Securities and Change Fee on Type 6-Ok and out there at www.sec.gov.

$5 Million Share Repurchase Program

Metalpha’s Board of Administrators has permitted a share repurchase program of as much as $5 million over the subsequent 36 months. The Firm’s repurchases could also be made every now and then by way of open market purchases, privately negotiated transactions, or different legally permissible strategies, relying on market situations and the Firm’s capital necessities.

This share repurchase program displays Metalpha’s confidence in its long-term strategic route and dedication to ship worth to its shareholders. Via disciplined capital allocation, Metalpha goals to reinforce per-share worth and supply long-term returns for its buyers.

Adrian Wang, chairman and CEO of Metalpha, expressed optimism in regards to the Firm’s future:

“The sturdy interim outcomes, coupled with our rising partnerships and expanded monetary choices, showcase our dedication to fulfill the shopper demand. Behind the enticing monetary numbers, we made important investments in areas which might be much less obvious however much more essential to our success. Greatest skills, state-of-the-art know-how infrastructure, and very complete inner management techniques are all important for long-term scalability and sustainability. These efforts show our dedication to excellence. Trying forward, we stay centered on advancing know-how, enhancing buyer experiences, and innovating greatest digital asset spinoff merchandise.”

About Metalpha Expertise Holding Restricted

Based in 2015, Metalpha Expertise Holding Restricted (Nasdaq: MATH) went public on October 20, 2017. The listed Firm, by way of its subsidiaries, is devoted to offering investing and wealth administration providers with a full-service, institutional-grade platform. With devoted blockchain experience, the Firm goals to grow to be a frontrunner within the discipline of crypto wealth administration providers, bringing sturdy innovation and transparency to the purchasers and companies it serves.

Ahead-Trying Statements

This press launch comprises statements which will represent “forward-looking” statements pursuant to the “secure harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements could be recognized by terminology akin to “will,” “expects,” “anticipates,” “goals,” “future,” “intends,” “plans,” “believes,” “estimates,” “more likely to” and related statements. Administration has primarily based these forward-looking statements on its present expectations, assumptions, estimates and projections. Whereas they imagine these expectations, assumptions, estimates and projections are affordable, such forward-looking statements are solely predictions and contain recognized and unknown dangers and uncertainties, lots of that are past administration’s management. These statements contain dangers and uncertainties which will trigger Metalpha’s precise outcomes, efficiency or achievements to vary materially from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements.

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SOURCE Metalpha Expertise Holding Restricted

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