DeFi Technologies Swings to Q1 Earnings as Revenue Rises

MT Newswires Live

2025/05/14

DeFi Technologies (DEFT) reported Q1 earnings of $0.12 Canadian dollar ($0.09), swinging from a loss of CA$0.06 a year earlier.

Four analysts polled by FactSet expected earnings of CA$0.04.

Revenue for the quarter ended March 31 was CA$62.7 million, compared with a revenue loss of CA$4.9 million a year earlier.

Analysts surveyed by FactSet expected CA$32.3 million.

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