Antalpha Platform Holding Company (ANTA) AI Stock Analysis

• Market Cap: $210.97M
• Dividend Yield: N/A
• Average Volume (3M): 22.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.87
• 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: 4.97
• Enterprise Value/Revenue: 19.78
• Enterprise Value/Gross Profit: 48.18
• Enterprise Value/Ebitda: 383.65
• 1Y Price Target: $17.50
• Price Target Upside: 96.41% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: $10.00 ▲(12.23% Upside)

The score is primarily driven by financial performance: exceptional revenue growth is offset by high leverage and ongoing negative free cash flow. Technical indicators are neutral-to-soft with a negative MACD and price below the 100-day average. Valuation cannot be fully assessed due to missing P/E and dividend data.

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 provides financing, technology, and risk management solutions to the crypto asset industry. It offers supply chain financing to enterprises secured by Bitcoin and Bitcoin mining machines; and mining machine and hashrate loans to pay for the acquisition of mining machines and mining operation expenditures. The company also assists customers to seek other financing solutions, including Bitcoin loans from its funding partner Northstar. In addition, it acts as an agent and utilizes its technology and services capabilities to service its customers by providing loan servicing and management, anti-money laundering, and other platform services during the term of the loan. The company was founded in 2022 and is headquartered in Singapore. Antalpha Platform Holding Company operates as a subsidiary of Antalpha Technologies Holding Company.

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

Strong revenue growth and improved gross margin support the score, but very high leverage (debt-to-equity 8.8, low equity ratio 3.7%) and negative free cash flow with weak cash conversion materially increase financial risk.

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	59 Neutral	$210.97M	―	―	―	―	―
LDTCF	37 Underperform	$98.22K	―	―	―	―	―

Antalpha Platform Holding Company Corporate Events

Antalpha Announces $10 Million Share Repurchase Program

On November 24, 2025, Antalpha Platform Holding Company announced a $10 million share repurchase program authorized by its board of directors, set to continue through December 31, 2026. The company aims to leverage its strong financial performance and strategic investments, such as in Aurelion, to enhance shareholder value and expand its loan offerings, including XAU₮-backed loans, to better navigate crypto market volatility.

The most recent analyst rating on (ANTA) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Antalpha Platform Holding Company stock, see the ANTA Stock Forecast page.

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.

The most recent analyst rating on (ANTA) stock is a Buy with a $18.50 price target. To see the full list of analyst forecasts on Antalpha Platform Holding Company stock, see the ANTA Stock Forecast page.