Financial Performance: A Breakout Year
Metalpha’s financial turnaround has been dramatic. For the six months ending September 30, 2024, total revenue hit $ 19.72 million, nearly 4x revenue growth from the $ 5.08 million recorded in the same period in FY2024. The company also swung to profitability, reporting $ 6.04 million in net income, a stark reversal from the $ 3.85 million loss recorded a year prior.