Antalpha Platform Holding Company: stock overview

ANTANASDAQFinancial services · Commodity Contracts Brokers & Dealers

Price

$2.19

November 13, 2026Market cap $48M

DCF calculator

What Ploutos Investor adds for Antalpha Platform

Part of Ploutos Investor, €9.99 a month

See the plans
  • The full history: 3 fiscal years, from 2023
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • The reported profit is far larger than a business usually earns on its market value, which usually means one-off or accounting gains. We leave out the P/E and the earnings yield.
  • Profit over the last twelve months is well above what the business itself earned, because it includes large gains outside the business, such as on investments or from selling a business. The P/E is lower than the business alone would give.

In short

Antalpha Platform had revenue of $80M in the fiscal year to December 31, 2025 and net income of $24M, a net margin of 30.7%. Revenue grew by 165.9% a year on average over the last 2 years. It has net debt of $405M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$48M
22.06M shares
P/E
–
Revenue, fiscal year
$80M
+165.9% a year over 2 years
Net margin
30.7%
above 84% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+165.9% a year over 2 years

  • 202520-F
    Revenue$80M
  • 2024
    Revenue$47M
  • 2023
    Revenue$11M

Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 
$48M
Enterprise value 
$454M
P/E 
–
EV / EBIT 
30.2
EV / Revenue 
5.7
P/B 
0.4
FCF yield 
–
Earnings yield 
–

Profitability

Operating margin 
18.9%
Net margin 3-year median: 9.3%
30.7%
ROIC 
8.8%
ROIC, 5-year average 
-12.5%
ROE, fiscal year 
20.4%

Growth

Revenue, yearly change 
+67.9%
EPS, yearly change 
+226.1%
FCF, yearly change 
–
Revenue, average a year 
+165.9%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$7.9M
Total debt 
$416M
Of which operating leases 
$2.2M
Net debt 
$405M
Net debt / EBITDA 
25.3x
Interest cover 
–
Current ratio 
–

Balance sheet of December 31, 2025.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
0.07%
Total returned 
0.07%
Shares, yearly change 
+14.6%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 62).

Operating margin

18.9%

Above 34% of the 46 companies in its industry, and 81% of all.

Net margin

30.7%

Above 84% of the 82 companies in its industry, and 92% of all.

ROE

20.4%

Above 68% of the 74 companies in its industry, and 84% of all.

ROA

1.0%

Above 28% of the 78 companies in its industry, and 45% of all.

Revenue growth

67.9%

Above 96% of the 80 companies in its industry, and 97% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
Antalpha Platform Holding Co
CIK
2044255
Exchange
NASDAQ
Industry (SIC)
6221 · Commodity Contracts Brokers & Dealers
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
22.06M

Other companies: Financial services

The largest companies of the same sector, each with its own page.

The Financial services sectorAll companies

The full analysis

What do Antalpha Platform's filings show?

These are Antalpha Platform's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about ANTA

Didn't find what you were looking for?

Ask us
What is ANTA's market cap?

Antalpha Platform Holding Company's market cap is $48M, at a price of $2.19 on November 13, 2026 and 22.06M shares.

How much revenue does ANTA have?

Antalpha Platform had revenue of $80M in the fiscal year to December 31, 2025. Over the last 2 years it changed by +165.9% a year on average.

Does ANTA pay a dividend?

No. Antalpha Platform paid no regular dividend over the last 12 months.

Where do the figures come from?

From Antalpha Platform Holding Company's SEC filings (its annual report on 20-F) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.