Metalpha Technology Holding AI Stock Analysis
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Metalpha Technology Holding (MATH) AI Stock Analysis
Metalpha Technology Holding
(NASDAQ:MATH)
The score is driven primarily by mixed financial performance: a conservative balance sheet and strong FY2026 cash flow are positives, but severe operating instability (including FY2026 revenue dropping to zero and large operating losses) materially elevates risk. Technicals are mildly supportive but not strong enough to offset fundamentals, and valuation (P/E 25.44 with no dividend yield provided) is not especially attractive given the volatility.
Metalpha Technology Holding (MATH) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $44.41M
- Dividend Yield
- ―
- Average Volume (3M)
- 95.17K
- Price to Earnings (P/E)
- 24.9
- Beta (1Y)
- 0.93
- Revenue Growth
- ―
- EPS Growth
- -92.75%
- Country
- US
- Employees
- 31
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Financial - Capital Markets
Metalpha Technology Holding Business Overview & Revenue Model
Company Description
Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. It offers digital asset-based wealth management services; executes cryptocurrency-related transactions, including the issuance of d...
How the Company Makes Money
Metalpha primarily makes money by earning fees and trading-related income connected to digital-asset derivatives and structured products. Key revenue streams typically include: (1) structured product and derivatives facilitation: income from arrangin...
Metalpha Technology Holding Financial Statement Overview
Summary
Balance sheet strength (low leverage and growing equity) and a sharp improvement in FY2026 operating/free cash flow support the score. However, operating performance is highly unstable: profitability has swung dramatically across years and FY2026 deteriorated with revenue dropping to zero and deep operating losses, raising sustainability and earnings-quality risk.
Income Statement
28NegativeBalance Sheet
73PositiveCash Flow
60Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Sep 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 44.57M | 16.76M | 5.69M | 122.71K |
| Gross Profit | -21.99M | -21.99M | 21.30M | 5.63M | 2.02M | 46.93K |
| EBITDA | -35.53M | -35.53M | 16.13M | -3.59M | -11.59M | -9.13M |
| Net Income | 1.28M | 1.28M | 15.89M | -3.68M | -20.56M | -14.44M |
Balance Sheet | ||||||
| Total Assets | 485.57M | 485.57M | 246.77M | 174.72M | 56.08M | 24.34M |
| Cash, Cash Equivalents and Short-Term Investments | 465.14M | 465.14M | 20.70M | 48.08M | 9.47M | 5.29M |
| Total Debt | 536.56K | 536.56K | 212.69K | 5.04M | 133.28K | 368.75K |
| Total Liabilities | 432.58M | 432.58M | 210.21M | 157.87M | 47.48M | 10.14M |
| Stockholders Equity | 52.99M | 52.99M | 36.56M | 16.85M | 8.60M | 12.79M |
Cash Flow | ||||||
| Free Cash Flow | 75.73M | 75.73M | 24.68K | -11.60M | -1.14M | -5.15M |
| Operating Cash Flow | 75.73M | 75.73M | 71.99K | -11.60M | -1.14M | -4.86M |
| Investing Cash Flow | 144.50K | 144.50K | -23.31K | 32.68K | -20.42K | 422.89K |
| Financing Cash Flow | 11.79M | 11.79M | 2.11M | 9.73M | 2.60M | 8.98M |
Metalpha Technology Holding Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MATH, the sentiment is Negative. The current price of 0.99 is below the 20-day moving average (MA) of 1.02, below the 50-day MA of 1.01, and below the 200-day MA of 1.07, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 40.20 is Neutral, neither overbought nor oversold. The STOCH value of 30.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MATH.
Metalpha Technology Holding Risk Analysis
Metalpha Technology Holding disclosed 45 risk factors in its most recent earnings report. Metalpha Technology Holding reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksMetalpha Technology Holding Peers Comparison
Overall Rating
- MATH55Neutral
ASLE51Neutral
FLYX46Neutral
SRFM42Neutral
SOAR41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| MATH | 55Neutral | $44.01M | 24.93 | 2.91% | ― | ― | -92.75% |
| ASLE | 51Neutral | $247.22M | -13.77 | -4.47% | ― | -4.44% | -400.46% |
| FLYX | 46Neutral | $113.31M | -1.36 | 7.78% | ― | 16.15% | 32.19% |
| SRFM | 42Neutral | $100.07M | -0.42 | 211.95% | ― | 9.12% | 59.42% |
| SOAR | 41Neutral | $10.83M | -0.17 | -270.63% | ― | -67.20% | ― |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MATH | Metalpha Technology Holding Limited | 0.99 | -1.83 | -64.93% | |
| ASLE | Aersale Corporation | 5.37 | -0.57 | -9.60% | |
| FLYX | Flyexclusive, Inc. | 1.09 | -2.12 | -66.04% | |
| SOAR | Soar Ai, Inc. Class A | 0.20 | -1.05 | -84.07% | |
| SRFM | Surf Air Mobility, Inc. | 0.70 | -1.99 | -73.83% |
Metalpha Technology Holding Corporate Events
Metalpha Nearly Doubles Total Assets in FY2026 as It Files Latest Annual Report
Metalpha Technology Holding reported audited financial results for the fiscal year ended March 31, 2026, highlighting resilience amid volatile digital asset markets. The company generated $37.1 million in revenue, remained consistently profitable and...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 15, 2026