Quarterly ResultMay 1, 2026, 07:31 AM
CSHR FY2025 Revenue $165.7M (+6.5%), Net Income $114.3M; Nasdaq Listing
AI Summary
CoinShares PLC reported its first annual results under U.S. GAAP for the fiscal year ended December 31, 2025. The company achieved revenue of $165.7 million, a 6.5% increase year-over-year, and Segment EBITDA of $131.3 million, up 5.4%. Net income for FY2025 was $114.3 million, a decrease from $162.4 million in FY2024, primarily due to non-recurring gains in the prior year. Additionally, CoinShares completed its business combination with Vine Hill Capital Investment Corp. and listed on the Nasdaq Stock Market under the ticker CSHR on April 1, 2026.
Key Highlights
- Completed business combination with Vine Hill Capital and Nasdaq listing on April 1, 2026.
- FY2025 Revenue of $165.7 million, up 6.5% YoY.
- FY2025 Net income of $114.3 million, compared to $162.4 million in FY2024.
- FY2025 Segment EBITDA of $131.3 million, up 5.4% YoY.
- Gross AUM of $7.4 billion as of December 31, 2025.
- Asset Management revenue grew 13.1% to $126.4 million.
- Capital Markets revenue and gains decreased 11.6% to $73.1 million.
- Strong balance sheet with $481.3 million of available capital.