Metalpha Technology Holding Limited (MATH) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
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MATH Revenue Growth
MATH Revenue Analysis (2015–2025)
As of May 8, 2026, Metalpha Technology Holding Limited (MATH) generated trailing twelve-month (TTM) revenue of $-432,000. The most recent quarter (Q2 2025) recorded $0 in revenue.
Looking at the longer-term picture, MATH's 5-year compound annual growth rate (CAGR) stands at +424.3%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $44.6 million in 2025, representing a new all-time high.
When compared to Industrials sector peers including MSTR (+6.8% YoY), COIN, and MARA. Compare MATH vs MSTR →
MATH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MATHCurrent | $-432,000 | - | +424.3% | 39.1% | |
 MSTR | $477M | +6.8% | -0.1% | -1140.8% | |
 COIN | $7.2B | - | - | 20.0% | |
 MARA | $907M | - | - | -90.6% | |
 RIOT | $647M | - | - | -61.8% | |
 HUT | $15M | - | - | -2104.6% |
MATH Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $44.6M | +165.9% | $21.3M | 47.8% | $17.4M | 39.1% |
| 2024 | $16.8M | +194.5% | $5.6M | 33.6% | $1.3M | 7.9% |
| 2023 | $5.7M | +4538.5% | $2.0M | 35.5% | $-1,555,000 | -27.3% |
| 2022 | $123K | -45.6% | $47K | 38.2% | $-3,250,000 | -2648.5% |
| 2021 | $226K | +1906.3% | $-213,000 | -94.4% | $-3,928,000 | -1740.0% |
| 2020 | $11K | -99.6% | $11K | 100.0% | $-2,119,000 | -18832.2% |
| 2019 | $2.8M | -35.6% | $1.5M | 54.2% | $-2,235,000 | -81.1% |
| 2018 | $4.3M | +19.2% | $2.6M | 60.5% | $384K | 9.0% |
| 2017 | $3.6M | +116.0% | $3.3M | 91.4% | $2.0M | 56.1% |
| 2016 | $1.7M | - | $1.4M | 85.8% | $679K | 40.8% |
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Start ComparisonMATH — Frequently Asked Questions
Quick answers to the most common questions about buying MATH stock.
Is MATH's revenue growth accelerating or slowing?
MATH TTM revenue: $-432000.00. YoY growth: N/A. 5-year CAGR: +424.3%.
What is MATH's long-term revenue growth rate?
Metalpha Technology Holding Limited's 5-year revenue CAGR of +424.3% reflects the variable expansion pattern. Current YoY growth of N/A is near this long-term average.
How is MATH's revenue distributed by segment?
MATH reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.