NYSE : SECZ
Securitize Corp. — Financial statements
Financials · Financial Data & Stock Exchanges · United States
Last price 7.56 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.30B
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Financial statements
Securitize Corp. (SECZ) reported revenue of 66.77M 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 | |
|---|---|---|---|---|
| Revenue | 66.77M | 62.15M | 18.64M | 8.20M |
| Cost of Revenue | 42.96M | 40.15M | 20.32M | 1.21M |
| Gross Profit | 23.81M | 22.00M | -1.68M | 6.99M |
| Selling, General & Admin | 29.35M | 20.24M | 11.62M | 33.19M |
| Other Operating Expenses | 4.37M | 5.11M | ||
| Operating Expenses | 35.53M | 25.75M | 13.36M | 33.97M |
| Operating Income | -11.72M | -3.74M | -15.04M | -26.98M |
| Interest Expense | -7.43M | -6.89M | -4.53M | -12.72K |
| Interest & Investment Income | 1.46M | 1.40M | 2.52M | 927.03K |
| Other Non Operating Income (Expenses) | -33.18M | -22.02M | -1.00M | 4.66M |
| EBT Excluding Unusual Items | -50.88M | -31.25M | -18.06M | -21.41M |
| Merger & Restructuring Charges | -290.00K | -290.00K | -275.00K | -1.11M |
| Gain (Loss) on Sale of Investments | 387.88K | |||
| Other Unusual Items | -10.50M | -10.50M | ||
| Pretax Income | -61.67M | -42.04M | -18.34M | -22.12M |
| Income Tax Expense | 244.47K | 324.55K | 90.90K | -619.26K |
| Earnings From Continuing Operations | -61.91M | -42.37M | -18.43M | -21.50M |
| Earnings From Discontinued Operations | -4.90M | -6.09M | -5.86M | |
| Net Income | -66.81M | -48.45M | -24.29M | -21.50M |
| Preferred Dividends & Other Adjustments | 1.49M | |||
| Net Income to Common | -66.81M | -49.95M | -24.29M | -21.50M |
| Shares Outstanding (Basic) | 9.00M | 8.81M | 8.71M | 8.37M |
| Shares Outstanding (Diluted) | 9.00M | 8.81M | 8.71M | 8.37M |
| EPS (Basic) | -7.42 | -5.67 | -2.79 | -2.57 |
| EPS (Diluted) | -7.42 | -5.67 | -2.79 | -2.57 |
| Free Cash Flow | -19.81M | -16.50M | -18.53M | -25.79M |
| Free Cash Flow Per Share | -2.20 | -1.87 | -2.13 | -3.08 |
| Gross Margin | 35.66% | 35.40% | -9.01% | 85.24% |
| Operating Margin | -17.56% | -6.02% | -80.70% | -329.11% |
| Profit Margin | -100.05% | -80.36% | -130.32% | -262.31% |
| Free Cash Flow Margin | -29.67% | -26.54% | -99.42% | -314.57% |
| EBITDA | -9.64M | -1.85M | -13.94M | -25.44M |
| EBITDA Margin | -14.44% | -2.98% | -74.81% | |
| D&A For EBITDA | 2.08M | 1.89M | 1.10M | 1.54M |
| EBIT | -11.72M | -3.74M | -15.04M | -26.98M |
| EBIT Margin | -17.56% | -6.02% | -80.70% | |
| Advertising Expenses | 1.50M | 654.53K | 1.64M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 33.60M | 24.87M | 21.79M | 6.73M |
| Short-Term Investments | 8.10M | 12.96M | 1.27M | 8.85M |
| Cash & Short-Term Investments | 41.70M | 37.83M | 23.06M | 15.58M |
| Accounts Receivable | 24.70M | 18.20M | 7.41M | 3.40M |
| Receivables | 24.70M | 18.59M | 22.41M | 3.40M |
| Prepaid Expenses | 3.04M | 2.48M | 1.88M | 886.58K |
| Other Current Assets | 28.04M | 53.49M | 85.76M | 4.66M |
| Total Current Assets | 97.48M | 112.41M | 133.11M | 24.52M |
| Property, Plant & Equipment | 133.46K | |||
| Goodwill | 26.37M | 26.37M | 13.33M | 19.51M |
| Other Intangible Assets | 20.13M | 20.56M | 12.99M | 12.11M |
| Long-Term Accounts Receivable | 1.08M | 2.98M | ||
| Other Long-Term Assets | 2.29M | 2.28M | 105.88K | |
| Total Assets | 156.12M | 169.78M | 163.31M | 64.98M |
| Accounts Payable | 693.72K | 2.78M | 1.14M | 1.90M |
| Accrued Expenses | 19.86M | 9.37M | 4.39M | 2.20M |
| Short-Term Debt | 101.11K | 36.00M | ||
| Current Unearned Revenue | 1.15M | 5.15M | 3.08M | 461.21K |
| Other Current Liabilities | 38.10M | 45.91M | 35.86M | 4.60M |
| Total Current Liabilities | 59.81M | 63.32M | 80.46M | 9.16M |
| Long-Term Debt | 91.08M | 83.01M | 50.46M | 10.62M |
| Long-Term Unearned Revenue | 993.66K | 1.35M | ||
| Long-Term Deferred Tax Liabilities | 342.01K | 263.63K | 141.59K | 83.87K |
| Other Long-Term Liabilities | 6.33M | 26.17M | 11.29M | |
| Total Liabilities | 158.55M | 174.11M | 142.35M | 19.86M |
| Common Stock | 951.00 | 899.00 | 886.00 | 886.00 |
| Additional Paid-In Capital | 26.52M | 24.74M | 20.61M | 20.15M |
| Retained Earnings | -195.12M | -165.50M | -117.05M | -92.76M |
| Treasury Stock | -1.60M | -1.60M | -1.60M | -1.60M |
| Comprehensive Income & Other | 1.22M | 1.09M | -2.96M | -2.88M |
| Total Common Equity | -168.99M | -141.27M | -100.99M | -77.09M |
| Shareholders' Equity | -2.43M | -4.33M | 20.96M | 45.12M |
| Total Liabilities & Equity | 156.12M | 169.78M | 163.31M | 64.98M |
| Total Debt | 91.08M | 83.11M | 86.46M | 10.62M |
| Net Cash (Debt) | -49.38M | -45.28M | -63.40M | 4.96M |
| Net Cash Per Share | -5.49 | -5.14 | -7.28 | 0.59 |
| Filing Date Shares Outstanding | 9.36M | 8.55M | 8.91M | 8.37M |
| Total Common Shares Outstanding | 9.36M | 8.55M | 8.91M | 8.37M |
| Working Capital | 37.67M | 49.09M | 52.65M | 15.36M |
| Book Value Per Share | -18.05 | -16.52 | -11.34 | -9.21 |
| Tangible Book Value | -215.48M | -188.19M | -127.32M | -108.71M |
| Tangible Book Value Per Share | -23.02 | -22.01 | -14.29 | -12.99 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -66.81M | -48.45M | -24.29M | -21.50M |
| Depreciation & Amortization | 2.08M | 1.89M | 1.10M | 1.54M |
| Other Amortization | 4.32M | 3.44M | 2.33M | |
| Loss (Gain) From Sale of Investments | -1.48M | -235.63K | -98.73K | -387.88K |
| Stock-Based Compensation | 4.84M | 12.14M | 404.04K | 630.08K |
| Provision & Write-off of Bad Debts | 1.81M | 397.38K | 1.74M | 779.61K |
| Other Operating Activities | 44.79M | 34.21M | 7.12M | -5.10M |
| Change in Accounts Receivable | -11.15M | -14.17M | -5.56M | -2.77M |
| Change in Accounts Payable | -1.10M | 647.53K | -639.80K | 1.38M |
| Change in Unearned Revenue | -997.18K | 2.97M | 2.61M | 91.59K |
| Change in Other Net Operating Assets | 5.24M | -8.15M | 300.22K | -419.96K |
| Operating Cash Flow | -18.94M | -16.18M | -18.53M | -25.76M |
| Capital Expenditures | -868.05K | -314.62K | -32.75K | |
| Cash Acquisitions | -21.09M | -5.64M | 1.39M | |
| Investment in Securities | 71.05K | -42.24K | 7.68M | 16.23M |
| Other Investing Activities | -7.54M | 8.43M | -15.72M | -7.06M |
| Investing Cash Flow | -8.34M | -13.02M | -13.69M | 10.52M |
| Long-Term Debt Issued | 34.51M | 52.34M | 5.00M | |
| Long-Term Debt Repaid | -3.42M | -5.00M | ||
| Net Debt Issued (Repaid) | 30.14M | 31.09M | 47.34M | 5.00M |
| Issuance of Common Stock | 1.34M | 534.58K | ||
| Other Financing Activities | 18.38M | -143.45K | ||
| Financing Cash Flow | 49.85M | 31.48M | 47.34M | 5.00M |
| Foreign Exchange Rate Adjustments | 416.40K | 627.40K | 106.25K | -23.00K |
| Net Cash Flow | 22.99M | 2.91M | 15.23M | -10.26M |
| Free Cash Flow | -19.81M | -16.50M | -18.53M | -25.79M |
| Free Cash Flow Margin | -29.67% | -26.54% | -99.42% | -314.57% |
| Free Cash Flow Per Share | -2.20 | -1.87 | -2.13 | -3.08 |
| Levered Free Cash Flow | 64.75M | -74.22M | ||
| Unlevered Free Cash Flow | 65.62M | -73.71M | ||
| Cash Interest Paid | 200.16K | 200.16K | 84.44K | |
| Cash Income Tax Paid | 52.28K | 60.79K | ||
| Change in Working Capital | -8.00M | -18.71M | -3.29M | -1.71M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 1.30B | 100.32M | ||
| Enterprise Value | 1.34B | 285.50M | ||
| Last Close Price | 7.56 | 11.26 | ||
| PS Ratio | 19.40 | 1.61 | ||
| PB Ratio | -23.14 | |||
| EV/Sales Ratio | 20.14 | 4.59 | ||
| Debt / Equity Ratio | -37.41 | -19.17 | 4.12 | 0.23 |
| Net Debt / Equity Ratio | -20.28 | -10.45 | 3.02 | -0.11 |
| Net Debt / EBITDA Ratio | -5.12 | -24.46 | -4.55 | 0.20 |
| Net Debt / FCF Ratio | -2.49 | -2.75 | -3.42 | 0.19 |
| Asset Turnover | 0.37 | 0.16 | ||
| Quick Ratio | 1.11 | 0.89 | 0.38 | 2.07 |
| Current Ratio | 1.63 | 1.77 | 1.65 | 2.68 |
| Return on Equity (ROE) | -509.66% | -55.77% | ||
| Return on Assets (ROA) | -1.41% | -8.24% | ||
| Return on Capital Employed (ROCE) | -12.20% | -3.50% | -18.20% | -48.30% |
| Earnings Yield | -98.16% | -48.30% | ||
| FCF Yield | -1.53% | -16.44% | ||
| Buyback Yield / Dilution | -3.39% | -1.23% | -4.01% |