Axe Compute vs Defi Development
Defi Development is the larger business, with $11.4m of revenue in fiscal 2025 against $125,284 for Axe Compute (90.9 times as much). Defi Development grew faster (442.3% against 47.7%). Defi Development kept more of each dollar of sales as profit: a net margin of -648.1% against -186053.4%. Axe Compute carries less debt relative to equity (0.2% against 128.4%).
| Latest fiscal year | Axe ComputeAGPU, 2025 | Defi DevelopmentDFDV, 2025 |
|---|---|---|
| Revenue | $125,284 | $11.4m |
| Revenue growth | 47.7% | 442.3% |
| Net income | −$233m | −$73.8m |
| Operating margin | -144404.5% | -319.7% |
| Net margin | -186053.4% | -648.1% |
| Return on equity | — | -143.6% |
| Free cash flow | −$9.9m | −$18.0m |
| Cash | $10.8m | $5.9m |
| Total debt | $107,951 | $127m |
| Debt to equity | 0.2% | 128.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $11.5m |
| Employees | 13 | 16 |
| Market value | $86.5m | $100m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 2 buys, 0 sales | 12 buys, 0 sales |