DeFi Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	62.41	-28.53	-15.36	-48.69	-56.5
Depreciation & Amortization	1.54	1.55	1.55	1.75	2.88
Loss (Gain) From Sale of Assets	-0.58	-	-	-	-
Asset Writedown & Restructuring Costs	2.08	3.62	-	10.24	13.82
Loss (Gain) From Sale of Investments	68	-116.94	-10.21	11.44	1.12
Stock-Based Compensation	13.21	19.25	2.21	11.74	33.22
Other Operating Activities	-173.66	89.07	4.31	-0.97	-16.13
Change in Accounts Receivable	-	-	0.01	-0.03	-
Change in Accounts Payable	13.12	1.52	3.94	2.8	0.94
Change in Unearned Revenue	-	-0.26	-	-	-
Change in Other Net Operating Assets	-119.47	-64.17	-56.51	-54.85	-237.68
Operating Cash Flow	-133.36	-94.88	-70.06	-66.56	-258.33
Capital Expenditures	-0	-	-	-	-0.02
Cash Acquisitions	-0.56	10.41	-	-	3.05
Other Investing Activities	-	-	-	-1.97	-0.04
Investing Cash Flow	-0.56	10.41	-	-1.97	2.99
Short-Term Debt Issued	2.74	-	3.51	39.25	-
Total Debt Issued	2.74	-	3.51	39.25	-
Short-Term Debt Repaid	-2.5	-30.95	-	-	-
Long-Term Debt Repaid	-0.2	-	-	-	-
Total Debt Repaid	-2.7	-30.95	-	-	-
Net Debt Issued (Repaid)	0.04	-30.95	3.51	39.25	-
Issuance of Common Stock	108.83	4.46	3.5	1.66	9.54
Repurchase of Common Stock	-	-	-	-9.72	-10.62
Other Financing Activities	98.86	121.41	64.64	33.88	263.43
Financing Cash Flow	207.73	94.93	71.64	65.06	262.36
Foreign Exchange Rate Adjustments	1.49	0.38	-0.21	0.32	-0.03
Net Cash Flow	75.3	10.85	1.38	-3.14	6.98
Free Cash Flow	-133.36	-94.88	-70.06	-66.56	-258.36
Free Cash Flow Margin	-134.52%	-301.93%	-893.38%	-	-2167.95%
Free Cash Flow Per Share	-0.35	-0.32	-0.31	-0.32	-1.34
Cash Interest Paid	-	-	2.66	-	-
Levered Free Cash Flow	-61.88	190.28	14.57	-4	10.37
Unlevered Free Cash Flow	-58.96	192.05	16.54	-2.14	10.95
Change in Working Capital	-106.35	-62.9	-52.57	-52.07	-236.74

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.