All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
7 warning events since 2017; the latest 2026-07-31.
From the record
Metalpha Technology Holding Limited's filings since 2017 show 7 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 7 times, the latest 2026-07-31) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+424.4% a year over 6 filed years; profitable in 1 of 6.
From the record
Metalpha Technology Holding Limited's 6 filed years say what it did: revenue went from $11 thousand in fiscal 2020 to $45 million in fiscal 2025, up 424.4% a year; it rose in 5 of 5 years; it never fell from a peak; net income was positive in 1 of 6 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 5.0/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Metalpha Technology Holding Limited's shareholder treatment is put at 5.0 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 50% of 115 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE 43%: 43¢ of profit per shareholder dollar. Leverage 85%: owes 85¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-03-31, Metalpha Technology Holding Limited earned about 43 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 9 cents per dollar of everything the company owns. Leverage: it owed about 85 cents per dollar of assets, and net share issuance: its share count grew 11.1% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 25% of 114 in its family; net margin 35.7%.
From the record
Metalpha Technology Holding Limited's standing among 114 graded names in its industry family: revenue of $45 million in fiscal 2025 ranks in the bottom 44% by size; a net margin of 35.7% ranks in the top 11%; revenue growth of 174.4% a year over the last 3 filed years ranks in the top 8% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 5.5/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Metalpha Technology Holding Limited's leadership is put at 5.5 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-31 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 74 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
top 46% of 108 in its family for room to expand.
From the record
Metalpha Technology Holding Limited's room to grow, from the newest filed statements (fiscal 2025): cash of $7 million against debt of $188 thousand leaves 2.7% of its assets as net cash, bottom 38% of its family; cash from operations less capital spending is 0.1% of revenue (top 29%); a gross margin of 47.8% (top 48%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 39% of 100 in its family for growth drivers.
From the record
Metalpha Technology Holding Limited's growth drivers, from the filed years to fiscal 2025: revenue grew 174.4% a year over the last three filed years against 424.4% over all 6, slowing (bottom 1% of its family); the newest year grew 166% (top 10%); capital spending grew 286.6% a year (top 8%) (its annual reports). Metalpha Technology Holding Limited tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 24% of 78 in its family for expectations against reality.
From the record
Metalpha Technology Holding Limited's newest year against its own record: revenue of $45 million in fiscal 2025 came in 4.6% below the $47 million its prior three years' pace pointed to (bottom 44% of its family); net income of $16 million against a prior three-year average of $13 million (top 10%); a net margin of 35.7% against losses larger than its revenue before (top 7%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made