DeFi Development Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Non-Interest Income	16.03	1.85	1.56	3.07	0.86	1.6
Non-Interest Income Growth	664.50%	18.60%	-49.20%	257.65%	-46.38%	-
Revenues Before Loan Losses	16.03	1.85	1.56	3.07	0.86	1.6
Revenue	16.03	1.85	1.56	3.07	0.86	1.6
Revenue Growth (YoY)	664.50%	18.60%	-49.20%	257.65%	-46.38%	-
Selling, General & Admin	10.35	2.86	3.48	3.44	2.76	1.06
Other Non-Interest Expenses	-92.06	0.69	0.6	0.43	0.28	0.11
Total Non-Interest Expense	-81.71	3.56	4.08	3.87	3.04	1.17
Pretax Income	90.32	-1.71	-2.52	-0.8	-2.18	0.43
Provision for Income Taxes	19.14	-	-	-	-	-
Net Income	70.19	-1.9	-2.55	-1.26	-1.62	0.32
Net Income to Common	70.19	-1.9	-2.55	-1.26	-1.62	0.32
Shares Outstanding (Basic)	14	10	7	6	6	-
Shares Outstanding (Diluted)	15	10	7	6	6	-
Shares Change (YoY)	52.58%	32.05%	22.80%	3.43%	-	-
EPS (Basic)	3.66	-0.28	-0.34	-0.21	-0.27	-
EPS (Diluted)	2.66	-0.28	-0.34	-0.21	-0.27	-
Shares Outstanding	27.72	9.91	9.67	6.18	5.95	-
Free Cash Flow	-7.23	-2.44	-1.6	-1.02	0.07	0.36
Free Cash Flow Growth	-	-	-	-	-81.85%	-
Free Cash Flow Per Share	-0.49	-0.25	-0.22	-0.17	0.01	-
Profit Margin	437.87%	-102.78%	-163.35%	-41.12%	-188.54%	19.94%
FCF Margin	-45.10%	-131.88%	-102.43%	-33.36%	7.67%	22.67%
EBITDA	0.74	0.22	0	0	0	0
EBITDA Margin	4.64%	12.12%	0.06%	0.00%	0.00%	0.00%
Effective Tax Rate	21.19%	0.00%	0.00%	0.00%	0.00%	0.00%

Updated Nov 19, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q