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DeFi Technologies Inc. (DEFT)

Financial Services | Capital Markets | Toronto, Canada | NasdaqCM
0.62 USD -0.03 (-4.913%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.61 -0.01 (-0.009%) ⇩ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:14 a.m. EDT

The investment case here is defined by a stark disconnect between the company's deteriorating fundamentals and the market's aggressive speculative pricing. Fundamentally, the business is in freefall: revenue has contracted by 42%, operating cash flow is negative, and the forward P/E implies earnings will shrink to roughly $0.02. Despite these red flags, the options market is screaming 'bullish,' with massive open interest in $1.00 and $3.00 calls, suggesting traders are pricing in a 3x to 5x recovery. This creates a high-risk, high-reward scenario where the short-term rating is neutral-to-slightly-positive due to this speculative momentum, but the long-term outlook remains neutral because the underlying revenue engine is broken. With no dividend to provide a floor and a balance sheet showing significant cash burn, this is purely a momentum play dependent on a successful turnaround story that the current financials do not yet support.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.110494
MSTL0.112797
AutoARIMA0.162779
AutoTheta0.181384

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 32%
H-stat 13.87
Ljung-Box p 0.000
Jarque-Bera p 0.403
Excess Kurtosis -0.89
Attribute Value
Sector Financial Services
Revenue per Share 0.163
Market Cap 240,346,128
Trailing P/E 10.32
Forward P/E 31.25
Beta 3.96
Profit Margins 38.50%
Previous Name Routemaster Capital Inc.
Website https://defi.tech

As of Aug. 22, 2026, 2:14 a.m. EDT: Speculators are positioning aggressively for a massive upside move, evidenced by the overwhelming open interest in out-of-the-money calls (strikes $1.00 and $3.00) compared to the tiny put volume. This 'call skew' suggests a speculative bet on a multi-bagger event rather than a defensive hedge. However, the implied volatility for near-term puts is significantly elevated (19.5%) relative to calls, indicating a specific fear of a sharp drop in the coming week, creating a volatile environment where buyers are paying a premium for downside protection while betting big on upside potential.


Info Dump

Attribute Value
52 Week Change -0.6957944
Address1 333 Bay Street
Address2 Suite 2400
All Time High 4.95
All Time Low 0.39
Ask 0.6292
Ask Size 5
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 3,486,600
Average Daily Volume3 Month 2,922,620
Average Volume 2,922,620
Average Volume10Days 3,486,600
Beta 3.955
Bid 0.4597
Bid Size 2
Book Value 0.359
City Toronto
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 0.6193
Current Ratio 1.142
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 0.6655
Day Low 0.6101
Display Name DeFi
Earnings Call Timestamp End 1,747,238,400
Earnings Call Timestamp Start 1,747,238,400
Earnings Timestamp End 1,755,518,400
Earnings Timestamp Start 1,754,996,340
Ebitda 16,854,776
Ebitda Margins 0.27536
Enterprise To Ebitda 9.309
Enterprise To Revenue 2.563
Enterprise Value 156,903,472
Eps Current Year -0.076
Eps Forward 0.019817876
Eps Trailing Twelve Months 0.06
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.4872
Fifty Day Average Change 0.13210002
Fifty Day Average Change Percent 0.27114126
Fifty Two Week Change Percent -69.57944
Fifty Two Week High 2.8
Fifty Two Week High Change -2.1806998
Fifty Two Week High Change Percent -0.7788214
Fifty Two Week Low 0.39
Fifty Two Week Low Change 0.22930002
Fifty Two Week Low Change Percent 0.5879488
Fifty Two Week Range 0.39 - 2.8
Financial Currency USD
First Trade Date Milliseconds 1,723,728,600,000
Float Shares 380,995,000
Forward Eps 0.019817876
Forward P E 31.249565
Free Cashflow -95,322,352
Full Exchange Name NasdaqCM
Full Time Employees 26
Fullday Change -0.032
Fullday Change Percent -4.91325
Fullday Price 0.6101
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 61,209,504
Has Pre Post Market Data 1
Held Percent Insiders 0.02359
Held Percent Institutions 0.09028
Implied Shares Outstanding 388,093,225
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. It provides asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. The company is also involved in early-stage investments in companies, banks, and foundations in the digital asset space; operation of specialized trading desk that focuses on opportunistic trading and arbitrage across the digital asset ecosystem; private research that produces research reports on digital assets; and provision of OTC desk and digital asset liquidity. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.
Long Name DeFi Technologies Inc.
Market us_market
Market Cap 240,346,128
Market State CLOSED
Max Age 86,400
Message Board Id finmb_875821
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-28
Net Income To Common 23,565,028
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 226,540,326
Number Of Analyst Opinions 6
Open 0.635
Operating Cashflow -81,509,376
Operating Margins -0.10869
Payout Ratio 0.0
Post Market Change -0.0092000365
Post Market Change Percent -1.4855541
Post Market Price 0.6101
Post Market Time 1,787,961,512
Prev Name Routemaster Capital Inc.
Previous Close 0.6513
Price Eps Current Year -8.1486845
Price Hint 4
Price To Book 1.7250696
Price To Sales Trailing12 Months 3.9266145
Profit Margins 0.38499
Quick Ratio 0.216
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.33333
Region US
Regular Market Change -0.032
Regular Market Change Percent -4.91325
Regular Market Day High 0.6655
Regular Market Day Low 0.6101
Regular Market Day Range 0.6101 - 0.6655
Regular Market Open 0.635
Regular Market Previous Close 0.6513
Regular Market Price 0.6193
Regular Market Time 1,787,947,201
Regular Market Volume 1,889,363
Return On Assets 0.013990001
Return On Equity 0.22288
Revenue Growth -0.407
Revenue Per Share 0.163
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 388,093,225
Shares Percent Shares Out 0.0414
Shares Short 16,064,707
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 16,256,013
Short Name Defi Technologies, Inc.
Short Percent Of Float 0.0422
Short Ratio 8.13
Source Interval 15
State ON
Symbol DEFT
Target High Price 6.951298
Target Low Price 0.6186605
Target Mean Price 2.3863964
Target Median Price 1.3808359
Total Cash 86,633,256
Total Cash Per Share 0.223
Total Debt 0
Total Revenue 61,209,504
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.06
Trailing P E 10.321667
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.74732
Two Hundred Day Average Change -0.12801999
Two Hundred Day Average Change Percent -0.17130545
Type Disp Equity
Volume 1,889,363
Website https://defi.tech
Zip M5H 2R2