Antalpha Platform Holding Company (ANTA) AI Stock Analysis

• Market Cap: $266.14M
• Dividend Yield: N/A
• Average Volume (3M): 22.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.02
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 96
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 0.28
• Shares Outstanding: 23,677,500
• 10 Day Avg. Volume: 32,498
• 30 Day Avg. Volume: 22,409
• PEG Ratio: -0.41
• Price to Book (P/B): 6.37
• Price to Sales (P/S): 6.23
• P/FCF Ratio: -24.94
• Enterprise Value/Market Cap: -0.72
• Enterprise Value/Revenue: -3.62
• Enterprise Value/Gross Profit: -8.81
• Enterprise Value/Ebitda: -70.15
• 1Y Price Target: $17.50
• Price Target Upside: 88.17% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $10.00 ▲(7.53% Upside)

Antalpha Platform Holding Company has strong revenue growth and improving profitability, but high leverage and negative cash flows pose significant financial risks. The technical indicators suggest a bearish trend, and the lack of valuation metrics adds uncertainty. These factors result in a moderate overall stock score.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and product adoption, enhancing long-term business sustainability and competitiveness.

Strategic Expansion

Strategic investments in Tether Gold Treasury enhance liquidity and product offerings, positioning Antalpha as a key player in digital asset financing.

Margin Expansion

Improved margins reflect operational efficiency and cost management, contributing to long-term profitability and financial health.

Negative Factors

High Leverage

High leverage poses financial risk, potentially limiting flexibility and increasing vulnerability to economic downturns.

Negative Cash Flow

Negative cash flow indicates challenges in liquidity management, which can strain operations and limit growth opportunities.

Low Equity Ratio

A low equity ratio indicates financial instability, with high dependency on debt financing, potentially affecting long-term sustainability.

Antalpha Platform Holding Company Business Overview & Revenue Model

Company Description

Antalpha Platform Holding Company (ANTA) is a financial technology firm specializing in providing comprehensive digital asset solutions and services. Operating at the intersection of blockchain technology and traditional finance, ANTA focuses on sectors such as asset management, trading, and digital banking. The company's core products include cryptocurrency trading platforms, digital asset custody solutions, and blockchain-based financial services aimed at institutional and retail clients alike.

How the Company Makes Money

Antalpha generates revenue through multiple channels, primarily by charging fees for transactions executed on its trading platforms and asset management services. The company also earns income from subscription fees associated with its digital asset custody services, which ensure the secure storage of clients' cryptocurrencies. Additionally, ANTA may partner with financial institutions to offer white-label solutions, allowing these partners to leverage ANTA's technology for their own services, thereby creating a revenue-sharing model. The growing demand for digital asset services and the increasing adoption of blockchain technology contribute significantly to ANTA's earnings.

Antalpha Platform Holding Company Financial Statement Overview

Summary

Antalpha Platform Holding Company shows strong revenue growth and improved profitability metrics. However, high leverage and negative cash flows pose significant financial risks. The company needs to enhance cash flow management and reduce debt levels.

Income Statement

Antalpha Platform Holding Company showed significant revenue growth of 320.9% year-over-year, indicating strong business expansion. The gross profit margin improved to 37.8%, reflecting efficient cost management. However, the net profit margin is 9.3%, which, while positive, suggests room for improvement in profitability. The EBIT and EBITDA margins are 6.7% and 12.0%, respectively, indicating moderate operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is high at 8.8, indicating significant leverage which could pose financial risk. However, the return on equity improved to 9.5%, showing better utilization of equity to generate profits. The equity ratio is low at 3.7%, suggesting a heavy reliance on debt financing.

Cash Flow

The free cash flow remains negative, although it slightly improved from the previous year. The operating cash flow to net income ratio is negative, indicating challenges in converting income into cash. The free cash flow to net income ratio is also negative, highlighting potential liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023
Income Statement
Total Revenue	53.05M	47.45M	11.27M
Gross Profit	21.78M	17.92M	1.83M
EBITDA	2.73M	5.69M	-6.91M
Net Income	3.92M	4.39M	-6.59M
Balance Sheet
Total Assets	2.32B	1.25B	732.03M
Cash, Cash Equivalents and Short-Term Investments	6.62M	5.93M	439.10K
Total Debt	849.63M	410.09M	346.47M
Total Liabilities	2.21B	1.21B	719.32M
Stockholders Equity	108.98M	46.38M	12.71M
Cash Flow
Free Cash Flow	829.50K	-11.85M	-12.30M
Operating Cash Flow	914.56K	-11.69M	-12.24M
Investing Cash Flow	-76.10M	-76.17M	-34.99M
Financing Cash Flow	51.48M	93.35M	47.46M

Antalpha Platform Holding Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ANTA	53 Neutral	$266.14M	―	―	―	―	―
LDTCF	37 Underperform	$245.55K	―	―	―	―	―

Antalpha Platform Holding Company Corporate Events

Antalpha Reports Strong Q3 2025 Results and Strategic Expansion

On November 10, 2025, Antalpha Platform Holding Company reported its unaudited financial results for the third quarter ending September 30, 2025. The company experienced a 62% year-over-year revenue growth, driven by its Prime lending platform and increased demand for Bitcoin-mining financing and digital asset treasury financing. Antalpha’s net income surged by 440% compared to the previous year, and its adjusted EBITDA margin expanded to 40%. The company also announced a collaboration with Tether to launch a real-world asset platform and took control of Prestige Wealth Inc., which will be renamed Aurelion, marking significant strategic moves in the crypto market.

Antalpha Leads $150 Million Financing for NASDAQ’s First Tether Gold Treasury

On October 14, 2025, Antalpha Platform Holding Company announced a significant investment in Aurelion Treasury, marking the initiation of NASDAQ’s first Tether Gold Treasury. Antalpha invested approximately $43 million in a $100 million private placement, acquiring controlling voting rights in Aurelion, which is set to be renamed Aurelion Inc. This move aims to enhance the liquidity and product offerings of Tether Gold (XAU₮) and fortify Antalpha’s balance sheet with a significant gold reserve. The strategic investment is part of Antalpha’s Reserve 2.0 initiative, which seeks to scale its Tether Gold reserve with institutional infrastructure, governance, and transparency, positioning the company as a key player in the digital asset financing sector.

Antalpha Anchors $150 Million in Aurelion Treasury with Tether Gold

On October 10, 2025, Antalpha Platform Holding Company announced a significant investment of approximately $43 million in Aurelion Treasury, marking a strategic move to anchor the first NASDAQ Tether Gold (XAU₮) Treasury. This investment is part of Antalpha’s Reserve 2.0 strategy, aimed at enhancing liquidity and collateral resilience through Tether Gold, a digital asset backed by physical gold. The initiative reflects Antalpha’s commitment to expanding the digital gold ecosystem in collaboration with Tether, offering a stable and transparent financial instrument amidst economic uncertainties. The transaction also involves a $100 million private placement and a $50 million senior debt facility, with Antalpha acquiring a controlling voting stake in Aurelion, which is set to be renamed and rebranded.