DeFi Technologies Inc. (DEFI) Earnings Call Transcripts

DeFi Technologies Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, DeFi Technologies Inc. reported revenues of $11.2 million and a net income of $4.9 million, demonstrating resilience despite challenging market conditions in the digital asset sector. The company highlighted a significant improvement in working capital, ending the quarter with over $156 million in cash and treasury holdings. Management signaled cautious optimism for the remainder of the fiscal year, noting early signs of recovery in assets under management (AUM) with April inflows of $14.6 million, suggesting potential for revenue acceleration moving forward.

Reported metrics

Guidance from management

Management maintained a conservative outlook for guidance, particularly for Valour, while expressing confidence in achieving profitability through fiscal year 2026. They noted that they are awaiting more visibility on new fund structures before issuing consolidated guidance.

What management said

Okay. We'll take some questions initially from the chat. So if you're an investor, and you have questions, please type your question in the chat, and we'll sort it appropriately. And then if you're an analyst, please raise your hand and keep it raised and I'll invite you on one at a time per usual to answer or to ask questions of management live. First question, are you guys planning to buy back shares as a retail in...

Thanks, Andrew. Have you all considered bringing custodial services in-house given the SOC 2 issue? I think one, the answer is yes, but I'll let Johan explain more about our custody plans.

What analysts pressed on

Analysts expressed concerns regarding the potential for share price manipulation and the company's plans for share buybacks. There were also questions about the timing of revenue ramp-up from new products and the impact of market conditions on future performance.

Main topics on the call

• Revenue Resilience — Despite a challenging market, DeFi Technologies generated revenue of $11.2 million, exceeding operating expenses of $9.7 million. Management stated, "the quarter demonstrated the resilience of our business model and the ...
• Improving Market Conditions — Management expressed optimism about improving market conditions, stating, "we are increasingly encouraged by improving market conditions as we move through 2026." This sentiment is supported by AUM inflows of $14.6 milli...
• Cost Discipline — The company maintained strict cost controls with operating expenses at $9.7 million, reflecting a commitment to profitability. Paul Bozoki noted, "we continue to believe the business remains positioned to achieve profita...
• Institutional Product Development — DeFi Technologies is focusing on expanding institutional product offerings, with management stating, "we continue to see opportunities to increase monetization across the platform." This includes new fund structures aime...

Read the full DeFi Technologies Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 10 DeFi Technologies Inc. earnings call transcripts on record, spanning June 20, 2023 to June 29, 2026. Based on this history, DeFi Technologies Inc. reports semi-annually. The most recent call on file is dated June 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DEFI

Exchange

NEOE

Country

CA

Sector

Financials

Industry

Capital Markets

Calls on record

10

First call

June 20, 2023

Most recent

June 29, 2026

Reporting cadence

semi-annually