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Galaxy Digital (GLXY) 10-Year Financial Performance & Capital Metrics

GLXY • • Banking & Credit
Financial ServicesCapital MarketsFinancial Technology & Blockchain ServicesBlockchain Financial Services
AboutGalaxy Digital Inc. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, and bespoke lending and structured products. It offers GalaxyOne, a unified technology platform for institutional investors; and financial and strategic advisory services for the digital assets, Web3, and the blockchain technology sector. In addition, the company provides Galaxy Asset Management, a platform that provides access to the digital asset ecosystem; bitcoin mining and validator services; and quantitative, arbitrage, and macro trading strategies. Further, it develops, operates, and invests in technology that powers the digital assets ecosystem, such as bitcoin mining and hosting services, network validator services, and enterprise-grade self-custody technology. The company is headquartered in New York, New York.Show more
  • Net Interest Income $8M +50.7%
  • Total Revenue $0
  • Net Income $79M -82.7%
  • Return on Equity 8.74% -89.6%
  • Net Interest Margin 0.69% +17.6%
  • Efficiency Ratio -
  • ROA 7.9% -89.0%
  • Equity / Assets 91.24% +2.2%
  • Book Value per Share 8.16 +32.7%
  • Tangible BV/Share -12.62 -305.3%
  • Debt/Equity -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Well capitalized: 91.2% equity/assets

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Weak NIM of 0.7%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-41.9%
TTM-164.1%

EPS CAGR

10Y-
5Y-
3Y-45.11%
TTM-137.22%

ROCE

10Y Avg-0.41%
5Y Avg-0.41%
3Y Avg-0.38%
Latest-0.34%

Peer Comparison

Blockchain Financial Services
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
FIGRFigure Technology Solutions, Inc. Class A Common Stock11.44B64.96786.4467.36%6.16%5.88%1.89
AMRKA-Mark Precious Metals, Inc.987.99M40.0956.4613.19%0.16%1.06%14.34%1.29
GLXYGalaxy Digital6.15B31.9950.78-7.4%
NCPLNetcapital Inc.5.73M0.73-0.04-82.44%-32.55%-136.8%0.18
MFHMercurity Fintech Holding Inc.351.6M5.09-68.32125.92%-450.1%-57.67%0.32
STRDMicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock911.76M77.50-6.61%-251.73%13.62%0.40
UCFIWCN Healthy Food Tech Group Corp.0.0935.22%36.96%

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+01.91M5.12M7.71M
NII Growth %--1.67%0.51%
Net Interest Margin %----
Interest Income01.91M5.12M7.71M
Interest Expense0000
Loan Loss Provision0000
Non-Interest Income+0-1.91M-5.12M-7.71M
Non-Interest Income %----
Total Revenue+0000
Revenue Growth %----
Non-Interest Expense4.25M2.48M2.16M3.19M
Efficiency Ratio----
Operating Income+-4.25M-2.48M-2.16M-3.19M
Operating Margin %----
Operating Income Growth %-0.42%0.13%-0.48%
Pretax Income+504.04M-578.58M493.23M130.75M
Pretax Margin %----
Income Tax+101.95M-55.91M38.47M51.89M
Effective Tax Rate %----
Net Income+402.08M-522.68M454.76M78.86M
Net Margin %----
Net Income Growth %--2.3%1.87%-0.83%
Net Income (Continuing)402.08M-522.68M454.76M78.86M
EPS (Diluted)+3.81-4.993.650.63
EPS Growth %--2.31%1.73%-0.83%
EPS (Basic)4.27-4.994.300.63
Diluted Shares Outstanding104.84M104.84M127.04M125.38M

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K833K1000K
Cash & Due from Banks26.82M10.05M833K1.81M
Short Term Investments0000
Total Investments+841.46M257.81M763.85M1B
Investments Growth %--0.69%1.96%0.32%
Long-Term Investments841.46M257.81M763.85M1B
Accounts Receivables3K16K123K12K
Goodwill & Intangibles+----
Goodwill00058.04M
Intangible Assets0002.55B
PP&E (Net)0000
Other Assets000-2.61B
Total Current Assets47.31M78.91M89.23M116.41M
Total Non-Current Assets841.46M315.36M786.01M1B
Total Assets+888.78M394.27M875.24M1.12B
Asset Growth %--0.56%1.22%0.28%
Return on Assets (ROA)0.45%-0.81%0.72%0.08%
Accounts Payable0000
Total Debt+0000
Net Debt-26.82M-10.05M-833K-1.81M
Long-Term Debt0000
Short-Term Debt0000
Other Liabilities5.27M38.16M36.98M36.95M
Total Current Liabilities66.62M56.81M57.22M43.51M
Total Non-Current Liabilities35.87M38.16M36.98M54.68M
Total Liabilities102.48M94.97M94.2M98.19M
Total Equity+786.29M299.31M781.03M1.02B
Equity Growth %--0.62%1.61%0.31%
Equity / Assets (Capital Ratio)----
Return on Equity (ROE)0.51%-0.96%0.84%0.09%
Book Value per Share7.502.866.158.16
Tangible BV per Share----
Common Stock417.39M419.87M422.19M564.28M
Additional Paid-in Capital0000
Retained Earnings331.98M-190.7M264.06M342.92M
Accumulated OCI36.92M70.13M94.78M115.94M
Treasury Stock0000
Preferred Stock0000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-19.55M-76.77M-16.52M-18.55M
Operating CF Growth %--2.93%0.78%-0.12%
Net Income402.08M-522.68M454.76M78.86M
Depreciation & Amortization0000
Deferred Taxes61.36M-112.47M36.21M64.78M
Other Non-Cash Items-506.65M586.5M-487.85M-122.14M
Working Capital Changes23.66M-28.13M-19.64M-40.04M
Cash from Investing+12.24M107.4M6.86M-85.31M
Purchase of Investments0000
Sale/Maturity of Investments0000
Net Investment Activity----
Acquisitions12.24M107.4M0-104.83M
Other Investing006.86M19.53M
Cash from Financing+34.13M-47.4M439K104.83M
Dividends Paid0000
Share Repurchases0-53.35M-10.67M-20.52M
Stock Issued34.13M5.95M11.11M125.35M
Net Stock Activity----
Debt Issuance (Net)0000
Other Financing0000
Net Change in Cash+26.82M-16.77M-9.22M979K
Exchange Rate Effect0000
Cash at Beginning026.82M10.05M833K
Cash at End26.82M10.05M833K1.81M
Interest Paid0000
Income Taxes Paid19.67M3.12M2.83M0
Free Cash Flow+-19.55M-76.77M-16.52M-18.55M
FCF Growth %--2.93%0.78%-0.12%

Banking Ratios

Metric2021202220232024
Return on Equity (ROE)51.14%-96.29%84.19%8.74%
Return on Assets (ROA)45.24%-81.47%71.64%7.9%
Net Interest Margin0%0.49%0.58%0.69%
Equity / Assets88.47%75.91%89.24%91.24%
Book Value / Share7.52.866.158.16
NII Growth--167.43%50.66%

Frequently Asked Questions

Valuation & Price

Galaxy Digital (GLXY) has a price-to-earnings (P/E) ratio of 50.8x. This suggests investors expect higher future growth.

Growth & Financials

Galaxy Digital (GLXY) grew revenue by 0.0% over the past year. Growth has been modest.

Galaxy Digital (GLXY) reported a net loss of $234.8M for fiscal year 2024.

Dividend & Returns

Galaxy Digital (GLXY) has a return on equity (ROE) of 8.7%. This is below average, suggesting room for improvement.

Industry Metrics

Galaxy Digital (GLXY) has a net interest margin (NIM) of 0.7%. NIM has been under pressure due to interest rate environment.

Galaxy Digital (GLXY) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.

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