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Security

Metalpha Technology Holding Limited Ordinary Shares · MATH

MATHNASDAQCommon stockCurrentCIK 1682241Updated Oct 6, 2026

Company: Metalpha Technology Holding Ltd →

Name history
Dragon Victory International Ltd · through Nov 16, 2022

MATH price & chart

Provider market data

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NASDAQ:MATH on TradingView ↗

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About the company

Metalpha Technology Holding Limited (NASDAQ: MATH) is a global leading provider of blockchain and trading technology solutions, with a strong emphasis on the digital asset ecosystem. At the core of our operations is a principal-based proprietary trading model, where we engage in strategic, own-account trading of cryptocurrencies and other digital assets. We complement this with highly customized blockchain-related technology solutions and services. With extensive blockchain and traditional fintech expertise, we are dedicated to delivering state-of-the-art technological solutions, including digital asset related management systems, hedging infrastructures, liquidity solutions and institutional grade architectures. We offer highly customized, one-stop solutions to help our customers grow their businesses and are committed to strengthening our position as one of the largest gateways to digital assets in Asia.

6-K · 2026-08-06 · 0001213900-26-086183

Company description from the cited filing.

Financials

FY 2025 · USD
Revenue44,567,257USD · FY 2025
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

Net income15,777,316USD · FY 2025
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

Assets—USD · FY 2025
Cash— · FY 2025
Operating income17,439,211USD · FY 2025
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

Diluted EPS0.41USD per share · FY 2025
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

Some figures are unavailable for this reporting year.

Balance-sheet figures are unavailable pending verification.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Profit or LossUSD15,894,755
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

-3,679,409
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

-20,167,351
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

-14,428,033
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

Additional Financial Items
AdjustmentsForFinanceCostsUSD7,702
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

4,241
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

8,464
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

1,967,519
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

AdjustmentsForFinanceIncomeUSD-23,264,964
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

-6,652,534
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

2,342,788
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

208,326
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

AdjustmentsForIncreaseDecreaseInTradeAccountPayableUSD-7,327,375
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

517,479
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

2,437,000
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

—
AdjustmentsForSharebasedPaymentsUSD—753,685
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

1,045,315
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

1,468,800
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

GeneralAndAdministrativeExpenseUSD3,793,419
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

4,254,719
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

3,536,092
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

3,818,530
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

InterestPaidClassifiedAsFinancingActivitiesUSD——13,139
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

11,550
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD141,821
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

97,715
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

211,170
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

97,669
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

ProceedsFromIssuingSharesUSD———4,011,473
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cost of Goods and Services Sold—
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

—
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

—
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

—
Selling, General and Administrative ExpenseUSD3,793,419
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

4,254,719
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

—3,818,530
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

Total RevenueUSD44,567,257
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

236,228
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

—2,155,627
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

Additional Financial Items
ApplicableTaxRatenumber0.17
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

0.17
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

0.17
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

—
BasicEarningsLossPerShareUSD per share0.41
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

-0.11
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

-0.75
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

-0.79
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

CurrentTaxExpenseIncomeUSD——218,035
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

8,061
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

DepreciationAndAmortisationExpenseUSD3,094
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

3,184
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

2,887
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

64,977
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

DepreciationRightofuseAssetsUSD158,800
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

85,631
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

85,476
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

90,327
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

DilutedEarningsLossPerShareUSD per share0.41
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

-0.11
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

-0.75
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

-0.79
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilitiesUSD——224,309
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

—
FinanceCostsUSD75,253
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

4,241
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

8,464
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

1,967,519
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

FinanceIncomeUSD———208,326
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

GainsLossesRecognisedWhenControlInSubsidiaryIsLostUSD——-67,774
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

—
GeneralAndAdministrativeExpenseUSD3,793,419
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

4,254,719
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

3,536,092
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

3,818,530
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

GrossProfitUSD21,302,293
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

5,627,748
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

——
ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwillUSD-671,403
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

———
IncomeTaxExpenseContinuingOperationsUSD——218,035
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

8,061
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

InterestExpenseUSD———1,955,969
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

InterestExpenseOnLeaseLiabilitiesUSD7,702
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

4,241
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

8,464
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

—
OtherFinanceCostUSD———1,967,519
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

OtherIncomeUSD882,238
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

1,041,062
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

40,588
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

—
OtherOperatingIncomeExpenseUSD-1,544,456
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

-5,011,027
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

30,925
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

8,629,408
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

ProfessionalFeesExpenseUSD578,500
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

913,829
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

772,572
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

816,406
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

ProfitLossAttributableToNoncontrollingInterestsUSD———11,606
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

ProfitLossAttributableToOwnersOfParentUSD15,777,316
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

-3,679,409
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

-20,556,669
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

-14,439,639
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

ProfitLossBeforeTaxUSD15,894,755
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

-3,679,409
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

-11,701,303
Source

20-F · 2024-02-12 · 0001213900-24-012567

2022-04-01 to 2023-03-31

-14,419,972
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

ProfitLossFromOperatingActivitiesUSD17,439,211
Source

20-F · 2025-07-30 · 0001213900-25-069404

2024-04-01 to 2025-03-31

1,331,618
Source

20-F · 2024-10-30 · 0001213900-24-092230

2023-04-01 to 2024-03-31

—-6,473,781
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

RevenueFromInterestUSD———208,326
Source

20-F · 2022-08-16 · 0001213900-22-048696

2021-04-01 to 2022-03-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-297098

F-3/A · 2026-09-15 · 0001213900-26-100112

Terms from the governing filing for this registration; not a claim that the offering is open today.

Filing attachments

ea030697501ex4-1.htm · 6-K · 2026-09-29

Exhibit 4.1 METALPHA TECHNOLOGY HOLDING LIMITED 2024 SHARE INCENTIVE PLAN (as amended and restated on September 28, 2026) ARTICLE 1 PURPOSE The purpose of this 2024 SHARE INCENTIVE PLAN is to promote the success and enhance the value of Metalpha Technology Holding Limited, a Cayman Islands exempted company (the “Company”), by linking the personal interests of the Directors, Employees, Consultants, and other Persons to those of the Company’s shareholders and by providing such individuals with …

6-K · 2026-09-29 · 0001213900-26-104310

Read attachment ↗
ea030093601ex99-1.htm · 6-K · 2026-08-06

Exhibit 99.1 Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility 2026/08/06 HONG KONG, Aug. 6, 2026 /PRNewswire/ -- Metalpha Technology Holding Limited (Nasdaq: MATH) (the “Company” or “Metalpha”), through its subsidiaries, is a global leading provider of blockchain and trading technology solutions, with a strong emphasis on the digital asset ecosystem. The Company today announced its audited financial results for the fiscal year ended March 31, 2026. FY2026 Ann…

6-K · 2026-08-06 · 0001213900-26-086183

Read attachment ↗
ea029919701ex4-10.htm · 20-F · 2026-08-06

Exhibit 4.10 I N D E X PARTIES CLAUSE 1 AGREEMENT Premises Term CLAUSE 2 Rent CLAUSE 3 (a) Deposit (b) Transfer of Deposit (c) Deposit not to be treated as rent (d) Increase in Services Charges Deposit CLAUSE 4 TENANT’S OBLIGATIONS (a) Rent (b) Rates (c) Utility Charges (d) Directory Boards & consent fee (e) Water Charges (f) (i) …

20-F · 2026-08-06 · 0001213900-26-086126

Read attachment ↗
ea029919701ex4-21.htm · 20-F · 2026-08-06

Exhibit 4.21 Sweet Lollipop Co., Ltd. and Hermitage Management Limited and Jason Huang SALE AND PURCHASE AGREEMENT in respect of 40% of the share capital of NextGen Digital Venture Limited (the “Agreement”) THIS AGREEMENT is made on _______________________ BETWEEN: - (1) Sweet Lollipop Co., Ltd., a limited liability company organized under the laws of the British Virgin Islands, with its registered address at Start Chambers, Wickham’s Cay II, P.O. Box 22…

20-F · 2026-08-06 · 0001213900-26-086126

Read attachment ↗
ea029919701ex4-24.htm · 20-F · 2026-08-06

Exhibit 4.24 METALPHA TECHNOLOGY HOLDING LIMITED 2024 SHARE INCENTIVE PLAN NOTICE OF RESTRICTED SHARE UNITS AWARD Participant’s Name and Address: _____________________________ You have been granted the number of restricted share units (the “RSUs”) designated below, each evidencing the right to receive one (1) ordinary share, par value US$0.0001 per share, of the Company (the “Shares” and each a “Share”) upon vesting, subject to the terms and conditions of this Notice of RSUs Award (the “Not…

20-F · 2026-08-06 · 0001213900-26-086126

Read attachment ↗
ea029919701ex4-6.htm · 20-F · 2026-08-06

Exhibit 4.6 Metalpha Technology Holding Limited 5506-07, Central Plaza, 18 Harbour Road Wan Chai, Hong Kong +852-35652921 [Date] [Director Name] [Director Address] Re: Director Offer Letter Dear [Director Name], Metalpha Technology Holding Limited, a Cayman Islands exempted company with limited liability (the “Company”), is pleased to offer you a position as a member of its board of directors (the “Board”). We believe your background and experience will be a significant asset to…

20-F · 2026-08-06 · 0001213900-26-086126

Read attachment ↗

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