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Metalpha just delivered a clear operational inflection — FY2025 wealth-management revenues surged to $44.6M(≈+266% YoY) and the company reported a net profit of $15.9M, turning around from prior losses.
They filed audited results (20-F) and completed governance steps (new auditor in place), which materially reduces execution and reporting risk compared with many small-cap crypto peers.
Management is backing the story with shareholder-friendly moves (a $5M repurchase program) and explicit FY2025 revenue guidance — together these are credible near-term catalysts that can re-rate the stock if revenue streams prove repeatable and client concentration is controlled.
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