← CoinShares PLC

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Trade receivables — — — — — — $2.1m $3.5m
Digital asset receivables, net of allowance for expected credit losses of $760 and $1,902, respectively $1.4b $1.9b $1.6b $1.9b $1.9b $1.9b $205.9m $108.5m
Prepaids — — — — — — $914k $30.0m
Prepaid expenses and other current assets $261.7m $374.3m $344.0m $561.0m $512.0m $531.0m $500.0m $710.0m
Inventories, net $1.4b $2.0b $1.8b $2.0b $2.4b $107.8m $97.0m $112.9m
Total current assets $3.6b $5.2b $4.5b $5.3b $5.9b $5.3b $5.9b $5.3b
Property and equipment, net $2.7b $4.0b $338.7m $328.7m $286.8m $287.6m $288k $366k
Property, plant, and equipment, net — — $3.6b $3.8b $3.6b $3.8b $3.8b $8.2b
Software and website development costs, net $56.2m $69.8m $71.5m $87.7m $90.5m $95.3m $92.2m $104.8m
Goodwill $2.1b $5.2b $5.3b $5.4b $5.3b $5.4b $2.8m $2.8m
Other intangible assets, net $324.8m $2.3b $2.0b $1.8b $1.7b $1.5b $11.1m $11.9m
Intangible assets, net $230.2m $262.7m $209.2m $186.7m $154.7m $109.2m $76.6m $58.3m
Operating right of use assets — $0 $525.0m $532.0m $560.0m $533.0m $2.9m $3.0m
Cash $620.8m $601.6m $743.0m $850.0m $775.0m $689.0m $24.9m $30.4m
Digital assets - held for operations — — — — — — $4.5b $4.0b
Digital assets - held as treasury — — — — — — $15.2m $33.4m
Digital asset exchange traded products — — — — — — $1.2b $1.1b
Investments — — — — — — $20.3m $18.9m
Other non-current assets $117.8m $187.1m $177.0m $184.0m $206.0m $309.0m $2.7m $2.3m
XBT Certificate Liabilities — — — — — — $3.7b $2.5b
XBT CS Physical Certificate Liabilities — — — — — — — $1.3m
CS Physical Certificate Liabilities — — — — — — $1.5b $2.0b
Digital asset payables — — — — — — $241.7m $168.4m
Amounts due to brokers — — — — — — $99.1m $169.1m
Trade and other payables — — — — — — $32.3m $28.4m
Notes payable, current — — — — — — — $3.2m
Notes payable, non-current — — — — — — $24.7m $25.0m
Other non-current liabilities $182.7m $241.0m $223.0m $371.0m $471.0m $481.0m $993k $1.0m
Due to related party $767.0m $1.0b $1.1b $1.1b $1.3b $1.3b $1.2b $13k
Ordinary shares, value $0 $16.3m $16.0m $15.0m $15.0m $14.0m $44k $150.0m
Raw materials and supplies — — — — $1.1b $992.0m $862.0m $1.4b
Work in process and finished goods — — — — $1.3b $1.2b $1.2b $2.1b
Deferred tax assets $70.7m $190.9m $135.0m $139.0m $130.0m $134.0m $148.0m $218.0m
Employee benefit assets $52.5m $40.2m $44.0m $52.0m $89.0m $67.0m $34.0m $60.0m
Employee benefit obligations $286.3m $386.8m $392.0m $307.0m $201.0m $224.0m $217.0m $352.0m
Treasury shares (0 and 1 million shares, respectively) ($10.7m) ($16.1m) ($67.0m) ($29.0m) ($18.0m) ($12.0m) ($11.0m) ($6.0m)
Non-controlling interests $68.8m $65.7m $61.0m $57.0m $59.0m $64.0m $72.0m $12.0m
Assets held for sale, net — $416.1m $0 $0 $192.0m $0 — —
Liabilities held for sale $0 $20.9m $0 $0 $65.0m $0 — —
Investments in affiliated companies $116.3m $98.9m $78.0m $0 — — — —
Assets held for sale $0 $416.1m — — — — — —
Marketable Securities, Current — — $0 $152.2m $50.0m $38.5m $4.5m $0
Marketable securities, non-current — — $0 $50.7m $0 $4.5m $0 —
Deferred revenue $27.7m $31.8m $39.1m $50.9m $58.9m $44.7m $46.1m $48.0m
Preferred shares, par value — — — — — — $0 $0
Preferred shares, shares authorized — — — — — — $100.0m $100.0m
Ordinary shares, shares authorized — — — — — — $100.0m $100.0m
Preferred shares, nominal value €0.01 per share, 100,000,000 shares authorized; none issued and outstanding 0 0 0 0 0 0 0 —
Ordinary shares, shares issued — — — — — — $43.1m $42.4m
Deferred Ordinary Shares, Value, Outstanding — 0 28k 28k 0 — — —
Lease financing obligation (1) $102.7m $112.1m $0 — — — — —
Total shareholder’s equity $626.6m $5.6b $4.6b $4.8b $4.1b $4.0b $395.6m ($1.4m)
Total non-current assets $5.4b $12.0b $11.9b $11.9b $11.6b $11.7b $11.6b $28.6b
Total non-current liabilities — $6.9b $7.8b $8.0b $8.2b $8.4b $8.3b $18.3b
Total shareholders' equity $695.4m $5.7b $4.7b $4.8b $4.1b $4.1b $4.0b $11.7b
Total assets $9.1b $17.2b $16.4b $17.2b $17.4b $17.0b $5.9b $60.4m
Operating lease liability, current portion — $0 $41.8m $26.6m $27.7m $22.6m $895k $1.3m
Operating lease liability, net of current portion — $0 $466.0m $462.0m $493.0m $463.0m $2.1m $1.5m
Accounts payable $1.9b $2.3b $2.2b $2.6b $3.1b $2.7b $2.6b $14.7m
Accrued expenses $186.7m $194.7m $210.8m $247.5m $253.8m $257.1m $245.9m $47.2m
Current portion of long-term debt $984.1m $5.4m $11.0m $5.0m $14.0m $13.0m $12.0m $141.0m
Short-term debt $1.2b $788.8m $195.0m $98.0m $136.0m $80.0m $84.0m $116.0m
Accrued employee costs $269.3m $378.4m $477.0m $523.0m $471.0m $396.0m $399.0m $619.0m
Long-term debt, less current portion $2.7b $5.3b $6.0b $6.2b $6.3b $6.7b $6.6b $13.8b
Total current liabilities $5.1b $4.5b $4.0b $4.3b $5.1b $4.5b $5.5b $4.9b
Deferred tax liabilities $147.5m $1.0b $672.0m $696.0m $677.0m $616.0m $584.0m $2.5b
Long-term debt $767.6m $942.3m $1.4b $1.7b $1.7b $1.6b $1.6b $1.6b
Total liabilities $8.4b $11.5b $11.8b $12.4b $13.3b $12.9b $5.6b $61.8m
Redeemable noncontrolling interests (Note 13) $86.2m $63.2m $69.1m $71.1m $131.5m $10.9m $23.0m $19.1m
Additional paid-in capital $784.4m $6.0b $5.5b $5.1b $4.4b $4.0b $38.0m $29.2m
Accumulated other comprehensive income ($708.5m) ($722.4m) ($1.0b) ($766.0m) ($880.0m) ($862.0m) $15.0m $16.7m
Accumulated deficit $561.4m $323.7m $246.0m $452.0m $534.0m $865.0m $342.6m ($151.4m)
Common Stock, Value per Share — — — — — — $0.01 $0.01
Common Stock, Shares, Outstanding — — — — — — 25.1m 24.5m
Treasury Stock, Shares — — — — — — $18.0m $18.0m
Total liabilities and shareholder’s equity $9.1b $17.2b $16.4b $17.2b $17.4b $17.0b $5.9b $60.4m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.