WonderFi Reports Strong Q1 2025 Results and Announces Acquisition by Robinhood

WonderFi Technologies Inc ( (TSE:WNDR) ) has provided an update.

WonderFi Technologies Inc. reported $17.5 million in revenue and interest income for Q1 2025, marking its third highest revenue quarter. The company’s trading platforms, Bitbuy and Coinsquare, saw over $1.128 billion in trading volumes. Key operational highlights included the launch of a self-custodial Wonder Wallet and a Layer-2 blockchain, the acquisition of Blade Labs, and the launch of Bitcoin.ca for Bitcoin investor education. Additionally, WonderFi entered into an agreement with Robinhood Markets, Inc. for the acquisition of all its common shares, expected to complete in the second half of 2025, subject to approvals.

The most recent analyst rating on (TSE:WNDR) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on WonderFi Technologies Inc stock, see the TSE:WNDR Stock Forecast page.

Spark’s Take on TSE:WNDR Stock

According to Spark, TipRanks’ AI Analyst, TSE:WNDR is a Neutral.

WonderFi’s strong revenue growth and strategic corporate events, like the acquisition by Robinhood, position the company for potential growth. However, challenges with profitability, cash flow management, and high valuation metrics temper enthusiasm. Technical indicators suggest caution due to overbought conditions, but the strategic moves in digital assets and partnerships offer long-term growth potential.

To see Spark’s full report on TSE:WNDR stock, click here.

More about WonderFi Technologies Inc

WonderFi Technologies Inc. is a global leader in centralized and decentralized financial services and products. The company offers regulated trading platforms and services crypto participants globally with trading, payments, and decentralized products. WonderFi is known for its market-leading brands such as Bitbuy, Coinsquare, Smartpay, and Bitcoin.ca, and is strategically positioned to capture market and wallet share in the digital asset space.

Average Trading Volume: 1,573,936

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$228.1M

Learn more about WNDR stock on TipRanks’ Stock Analysis page.