10-Q filed August 14: Defi Capital Markets
Defi Capital Markets still has little or no product revenue. Cash burn ran at $1m over the twelve months to June 2026, leaving the company last of 14 diversified financial services names we cover on growth. Existing holders face further dilution, with the diluted share count up 10.4% on a year earlier. Our model value has barely moved, sitting at $0.06 a share, which compares with a share price of $3.07.
Our model value for Defi Capital Markets is under review, so past values are not shown until it is resolved.
Source: 10-Q filed August 14, 2026 on SEC EDGAR · Financials · Valuation