$Metalpha Technology Holding Limited$

Metalpha Technology Holding Limited

MATHNASDAQIndustrials● Active

$0.91

+$0.02(+1.81%)

Market Cap$39285570

P/E Ratio—

52W High$4.17

52W Low$0.8451

Avg Volume74K

Open$0.88

Beta-0.69

Overview

Metalpha Technology Holding Limited (MATH) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MATH · free cash flow · updated Jun 8, 2026

Core FCF metrics

MATH · FCF · TTM · margin & CAGR

Free cash flow was $24,681 for FY2025 (fiscal year ending 2025-03-31), up 100.2% year-over-year The FCF margin was 0.1%.

FY2025 Free Cash Flow$24,681▲ +100.2% YoY

Trailing 12M (TTM)−$14.9MTrailing 4Q sum · TTM negative vs latest FY positive

FCF Margin0.1%$24,681 ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MATH · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$71,990(0M)$24,681▲ +100.2%0.1%

FY2024−$11.6M(0M)−$11.6M▼ 914.5%-69.2%

FY2023−$1.1M(0M)−$1.1M▲ +77.8%-20.1%

FY2022−$4.9M(0M)−$5.1M▼ 65.9%—

FY2021−$3.1M(0M)−$3.1M▼ 115.1%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MATH · P/FCF · FCF yield · FCF per share

Metalpha Technology Holding Limited (MATH) valuation ratios are currently unavailable — market cap, share count, or TTM data could not be retrieved from our data provider.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

Valuation ratios are unavailable — market cap, share count, or TTM data could not be retrieved. Individual metrics are shown where available.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-03-31

Cash flow statement summary

MATH · cash flow statement · operating / investing / financing

For FY2025, Metalpha Technology Holding Limited generated $0.1M in operating cash flow and spent 0M in capital expenditures, yielding $0.0M in free cash flow.

Operating Activities

+$0.1M

Cash from core business operations

2025-03-31

Investing Activities

−$0.0M

CapEx, acquisitions & investments

2025-03-31

Financing Activities

+$2.1M

Buybacks, dividends & debt

2025-03-31

FCF FormulaOperating CF ($0.1M) − |CapEx| (0M) = FCF ($0.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

MATH vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

$Metalpha Technology Holding Limited$

Metalpha Technology Holding LimitedYOU

MATH

$24,681+100.2%0.1%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Metalpha Technology Holding Limited (MATH) reported free cash flow of $24,681 for FY2025 (fiscal year ending 2025-03-31), up 100.2% year-over-year. The FCF margin was 0.1%.

Based on available data, Metalpha Technology Holding Limited has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $2.7M in FY2017.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MATH free cash flow · 8 questions

Metalpha Technology Holding Limited free cash flow was $24,681 for FY2025, up 100.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$14.9M.

MATH free cash flowMATH FCFMATH FCF 2025MATH free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Metalpha Technology Holding Limited · Metalpha Technology Holding Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026