Defi Development vs SOL Strategies
Defi Development and SOL Strategies are similar in size: $11.4m and $10.4m of revenue in their latest fiscal years. Defi Development grew faster (442.3% against 32.8%). SOL Strategies kept more of each dollar of sales as profit: a net margin of -240.6% against -648.1%. SOL Strategies carries less debt relative to equity (0.0% against 128.4%).
| Latest fiscal year | Defi DevelopmentDFDV, 2025 | SOL StrategiesSTKE, 2025 |
|---|---|---|
| Revenue | $11.4m | $10.4m |
| Revenue growth | 442.3% | 32.8% |
| Net income | −$73.8m | −$25.1m |
| Operating margin | -319.7% | — |
| Net margin | -648.1% | -240.6% |
| Return on equity | -143.6% | -49.0% |
| Free cash flow | −$18.0m | −$7.9m |
| Cash | $5.9m | $1.3m |
| Total debt | $127m | $0 |
| Debt to equity | 128.4% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $11.5m | — |
| Employees | 16 | — |
| Market value | $100m | $23.7m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 12 buys, 0 sales | 0 buys, 0 sales |