NASDAQ : FLD
Fold Holdings, Inc. — Financial statements
Financials · Capital Markets · United States
Last price 0.5286 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 29.11M
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Financial statements
Fold Holdings, Inc. (FLD) reported revenue of 28.21M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | 28.21M | 31.79M | 23.75M | 21.53M | 28.88M |
| Cost of Revenue | 41.69M | 47.38M | 25.93M | 24.88M | 35.73M |
| Gross Profit | -13.48M | -15.59M | -2.17M | -3.35M | -6.86M |
| Selling, General & Admin | 12.83M | 11.99M | 3.76M | 2.14M | 2.43M |
| Amortization of Goodwill & Intangibles | 590.14K | 457.98K | 292.27K | 180.05K | 250.14K |
| Other Operating Expenses | 4.53M | 394.27K | -5.63M | -4.24M | 5.40M |
| Operating Expenses | 17.95M | 12.84M | -1.58M | -1.91M | 8.08M |
| Operating Income | -31.43M | -28.43M | -594.15K | -1.43M | -14.93M |
| Interest Expense | -5.66M | -5.71M | -234.03K | ||
| Interest & Investment Income | 890.92K | 394.79K | 91.85K | 129.94K | |
| Other Non Operating Income (Expenses) | -55.40M | -25.21M | -64.35M | -5.66M | 2.97M |
| EBT Excluding Unusual Items | -91.59M | -58.95M | -65.08M | -6.96M | -11.96M |
| Asset Writedown | -100.00K | -100.00K | -200.00K | ||
| Other Unusual Items | 20.11M | -10.54M | |||
| Pretax Income | -72.96M | -69.59M | -65.08M | -7.16M | -11.96M |
| Income Tax Expense | 84.00 | 1.47K | 7.40K | 10.24K | 10.71K |
| Net Income | -72.96M | -69.59M | -65.09M | -7.17M | -11.97M |
| Net Income to Common | -72.96M | -69.59M | -65.09M | -7.17M | -11.97M |
| Shares Outstanding (Basic) | 49.56M | 42.22M | 5.84M | 7.07M | 7.10M |
| Shares Outstanding (Diluted) | 49.56M | 42.22M | 5.84M | 7.07M | 7.10M |
| EPS (Basic) | -1.47 | -1.65 | -11.15 | -1.01 | -1.69 |
| EPS (Diluted) | -1.47 | -1.65 | -11.15 | -1.01 | -1.69 |
| Gross Margin | -47.77% | -49.02% | -9.15% | -15.55% | -23.74% |
| Operating Margin | -111.39% | -89.42% | -2.50% | -6.66% | -51.72% |
| Profit Margin | -258.60% | -218.88% | -274.02% | -33.31% | -41.46% |
| EBITDA | -31.10M | -28.12M | -565.05K | -1.41M | -14.68M |
| EBITDA Margin | -110.24% | -88.45% | -2.38% | -6.53% | -50.85% |
| D&A For EBITDA | 324.06K | 307.68K | 29.09K | 29.09K | 250.14K |
| EBIT | -31.43M | -28.43M | -594.15K | -1.43M | -14.93M |
| EBIT Margin | -111.39% | -89.42% | -2.50% | -6.66% | -51.72% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 28.39M | 7.65M | 18.33M | 1.49M | 5.35M |
| Cash & Short-Term Investments | 28.39M | 7.65M | 18.33M | 1.49M | 5.35M |
| Accounts Receivable | 614.80K | 728.00K | 451.45K | 624.90K | 1.65M |
| Other Receivables | 2.99M | 206.40K | 177.55K | 139.30K | |
| Receivables | 3.60M | 934.40K | 629.01K | 764.21K | 1.65M |
| Inventory | 847.31K | 478.05K | 262.81K | 129.19K | 350.84K |
| Prepaid Expenses | 1.68M | 2.18M | 509.55K | 370.85K | 1.15M |
| Other Current Assets | 4.50M | 6.87M | 8.57M | 5.33M | 3.27M |
| Total Current Assets | 39.02M | 18.12M | 28.30M | 8.09M | 11.77M |
| Other Intangible Assets | 1.99M | 1.39M | 1.00M | 553.77K | 471.53K |
| Long-Term Deferred Charges | 2.78M | ||||
| Other Long-Term Assets | 11.49M | 133.96M | 93.57M | 82.63K | 177.26K |
| Total Assets | 52.49M | 153.47M | 125.66M | 8.73M | 12.42M |
| Accounts Payable | 698.56K | 704.79K | 1.11M | 185.42K | 302.14K |
| Accrued Expenses | 1.99M | 3.17M | 71.86K | 25.94K | 74.58K |
| Short-Term Debt | 12.45M | 10.00M | |||
| Current Portion of Long-Term Debt | 11.75M | ||||
| Current Unearned Revenue | 228.15K | 366.25K | 387.78K | 446.68K | 661.43K |
| Other Current Liabilities | 5.88M | 6.87M | 8.57M | 5.33M | 3.27M |
| Total Current Liabilities | 21.24M | 21.11M | 21.90M | 5.99M | 4.31M |
| Long-Term Debt | 68.68M | ||||
| Long-Term Unearned Revenue | 487.69K | 565.33K | 652.24K | ||
| Other Long-Term Liabilities | 689.68K | 171.08M | 10.60M | 8.73M | |
| Total Liabilities | 21.24M | 90.48M | 193.46M | 17.16M | 13.68M |
| Common Stock | 5.54K | 4.85K | 584.00 | 707.00 | 707.00 |
| Additional Paid-In Capital | 241.00M | 233.92M | 33.54M | 27.83M | 27.82M |
| Retained Earnings | -209.76M | -170.94M | -101.35M | -36.26M | -29.09M |
| Total Common Equity | 31.25M | 62.99M | -67.81M | -8.43M | -1.27M |
| Shareholders' Equity | 31.25M | 62.99M | -67.81M | -8.43M | -1.27M |
| Total Liabilities & Equity | 52.49M | 153.47M | 125.66M | 8.73M | 12.42M |
| Total Debt | 12.45M | 78.68M | 11.75M | ||
| Net Cash (Debt) | 15.94M | -71.03M | 6.58M | 1.49M | 5.35M |
| Net Cash Per Share | 0.32 | -1.68 | 1.13 | 0.21 | 0.75 |
| Filing Date Shares Outstanding | 55.08M | 49.83M | 7.07M | 7.07M | 7.10M |
| Total Common Shares Outstanding | 55.02M | 48.42M | 7.07M | 7.07M | 7.10M |
| Working Capital | 17.78M | -2.99M | 6.41M | 2.10M | 7.46M |
| Book Value Per Share | 0.57 | 1.30 | -9.59 | -1.19 | -0.18 |
| Tangible Book Value | 29.26M | 61.60M | -68.81M | -8.99M | -1.74M |
| Tangible Book Value Per Share | 0.53 | 1.27 | -9.73 | -1.27 | -0.25 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -72.96M | -69.59M | -65.09M | -7.17M | -11.97M |
| Depreciation & Amortization | -9.86K | -42.02K | -7.73K | 29.09K | -17.21K |
| Other Amortization | 437.64K | 1.22M | 487.37K | 200.00K | 200.00K |
| Asset Writedown & Restructuring Costs | 100.00K | 100.00K | |||
| Stock-Based Compensation | 6.43M | 9.97M | 8.33K | 13.94K | |
| Other Operating Activities | 39.26M | 36.14M | 58.71M | 1.42M | 2.52M |
| Change in Accounts Receivable | 82.76K | -276.55K | 173.45K | 1.02M | 199.69K |
| Change in Inventory | -517.01K | -215.23K | -133.62K | 221.65K | 536.86K |
| Change in Accounts Payable | -610.28K | -408.76K | 753.34K | -116.72K | 144.94K |
| Change in Unearned Revenue | -514.16K | -509.21K | -136.54K | -301.66K | 398.47K |
| Change in Other Net Operating Assets | 5.08M | 7.50M | 1.93M | 4.04M | 6.49M |
| Operating Cash Flow | -23.21M | -16.12M | -3.31M | -644.67K | -1.49M |
| Sale (Purchase) of Intangibles | -1.26M | -951.67K | -738.57K | -311.33K | -328.43K |
| Other Investing Activities | 51.73M | -8.02M | -1.78M | -3.41M | -4.15M |
| Investing Cash Flow | 50.47M | -8.97M | -2.51M | -3.72M | -4.48M |
| Short-Term Debt Issued | 10.00M | 18.93M | |||
| Total Debt Issued | 33.00M | 10.00M | 18.93M | ||
| Net Debt Issued (Repaid) | -12.17M | 10.00M | 18.93M | ||
| Issuance of Common Stock | 7.63M | 4.37M | |||
| Repurchase of Common Stock | -949.30K | -21.88K | |||
| Other Financing Activities | -24.00 | 39.27K | 3.74M | 500.00K | 7.00M |
| Financing Cash Flow | -5.48M | 14.41M | 22.67M | 500.00K | 6.98M |
| Net Cash Flow | 21.78M | -10.68M | 16.84M | -3.86M | 1.00M |
| Levered Free Cash Flow | -18.25M | -10.67M | 1.47K | 533.24K | |
| Unlevered Free Cash Flow | -14.55M | -7.82M | -39.62K | 533.24K | |
| Cash Interest Paid | 51.18K | 51.18K | |||
| Cash Income Tax Paid | 6.14K | 6.14K | 3.11K | 8.37K | 11.08K |
| Change in Working Capital | 3.53M | 6.09M | 2.58M | 4.87M | 7.77M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 30.38M | 126.08M | 159.28M | 266.09M | 345.29M |
| Enterprise Value | 14.44M | 201.81M | 154.89M | ||
| Last Close Price | 0.53 | 2.61 | 11.10 | 10.55 | 10.02 |
| PS Ratio | 1.04 | 3.97 | 6.71 | 12.36 | 11.96 |
| PB Ratio | 0.94 | 2.00 | -2.35 | -31.55 | -272.30 |
| P/TBV Ratio | 1.01 | 2.05 | |||
| EV/Sales Ratio | 0.48 | 6.35 | 6.52 | ||
| Debt / Equity Ratio | 0.40 | 1.25 | -0.17 | ||
| Net Debt / Equity Ratio | -0.51 | 1.13 | 0.10 | 0.18 | 4.22 |
| Net Debt / EBITDA Ratio | 0.51 | -2.53 | 11.64 | 1.06 | 0.36 |
| Asset Turnover | 0.24 | 0.23 | 0.35 | 2.04 | |
| Inventory Turnover | 70.81 | 127.90 | 132.27 | 103.67 | |
| Quick Ratio | 1.51 | 0.41 | 0.87 | 0.38 | 1.63 |
| Current Ratio | 1.84 | 0.86 | 1.29 | 1.35 | 2.73 |
| Return on Assets (ROA) | -16.74% | -12.73% | -0.55% | -8.48% | |
| Return on Capital Employed (ROCE) | -100.60% | -21.50% | -0.60% | -52.50% | -184.10% |
| Earnings Yield | -266.87% | -55.19% | -40.87% | -2.70% | -3.47% |
| Buyback Yield / Dilution | -143.76% | -623.31% | 17.47% | 0.44% |