# Metalpha Technology Holding Limited (MATH)

- Sector: Financials · Industry: Capital Markets
- SEC CIK: 0001682241 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001682241))
- Full page: https://inspectstocks.com/stocks/math
- Data as of: price 2026-09-28; newest filing used 2026-02-20; latest fiscal period ended 2025-09-30

## Grade

**B+** on the growth-and-cash rubric, 4 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Revenue growing overall | passed | $36.9M | $5.3M |
| Revenue growing recently | failed | $36.9M | $44.6M |
| Free cash flow positive | passed | $24.7K |  |
| Free cash flow growing overall | passed | $24.7K | -$1.1M |
| Free cash flow growing recently | passed | $24.7K | -$11.6M |

Business quality (the + / − mark): 5 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 18.9% |  |
| Healthy profit margin | passed | 18.9% |  |
| Strong operating margin | passed | 18.6% |  |
| Good return on equity | passed | 19.1% |  |
| Debt under control | passed | 0.01 |  |
| Turns sales into cash | failed | 0.1% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $36.9M |
| Net income, trailing twelve months | $7M |
| Free cash flow, trailing twelve months | $24.7K |
| Net margin | 18.9% |
| Operating margin | 18.6% |
| Return on equity | 19.1% |
| Debt to equity | 0.01 |
| Diluted EPS, trailing twelve months | $0.18 |
| Share price | $1.04 |
| Market value | $48.8M |
| Price / earnings | 5.8x |
| Price / sales | 1.3x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/math)
- [Financial statements](https://inspectstocks.com/stocks/math/financials)
- [Competitors](https://inspectstocks.com/stocks/math/peers)
- [Earnings](https://inspectstocks.com/stocks/math/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.