Saturday 17 October 2026 Export SDEV’s income statement to Excel — free account

Stablecoin Development Corporation

In the quarter to June 2026, revenue fell 2,083.9%, EPS grew 20.0% and free cash flow fell 136.3%, each against the same quarter a year earlier.

0.88 0.14 −13.73%

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Market cap: $52.8M
P/E: 0.1×
Fwd P/E: −0.7×
Dividend yield: 0.00%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.08

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	3	—	—	—	—

Insider Ownership 96.71%

Capital & Financial Ratios $m

Market Cap 52.78

Revenue (15.43)

Net Income 483.44

Free Cash Flow (12.35)

Net Debt (6.97)

Current Ratio 29.98

Debt/Equity 0.00

P/E ratio 0.08

Fwd P/E (0.66)

P/S ratio 0.00

P/B ratio 0.21

Past 5Y EPS Growth —

This Y EPS Growth 97.65%

Next Y EPS Growth 73.62%

Next Y revenue growth (11.74%)

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/B against its own 10 years 2.23%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3	0	8	7
Receivables	1	0	—	—
Inventory	1	1	—	—
Other	0	0	—	—
	7	2	9	8

	2023	2024	2025	Q'26
Payables	1	0	0	—
ST’ Debt	—	1	—	—
Other	—	—	—	—
	4	3	1	0

Compound Annual Growth %

	10y	5y	3y
Sales	24.96%	8.19%	(1.40%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	25	—	1	—	—
’24	3	2	2	7	10
’23	2	4	2	2	10
’22	3	4	4	4	14
’21	2	2	2	4	10
’20	2	4	2	2	10
’19	1	2	2	2	7

Fiscal quarters ending in the months shown.

value withheld pending a data check

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(2)	(6)	—	—	—
’25	(1)	(3)	(2)	(2)	(8)
’24	(2)	(1)	(2)	(2)	(7)
’23	(1)	(2)	(1)	(1)	(4)
’22	(2)	(2)	(2)	(1)	(7)
’21	(1)	(2)	(1)	(4)	(9)
’20	(1)	(1)	(1)	(1)	(5)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(2)	(6)	—	—	—
’25	(1)	(3)	(2)	(2)	(8)
’24	(2)	(1)	(2)	(2)	(8)
’23	(1)	(2)	(1)	(1)	(4)
’22	(2)	(2)	(2)	(1)	(7)
’21	(1)	(2)	(1)	(4)	(9)
’20	(1)	(1)	(1)	(1)	(5)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	3.33	(1.32)	—	—	—
’25	7.10	(1.65)	(1.10)	(8.13)	(3.80)
’24	(26.22)	(6.85)	(3.00)	135.39	(12.65)
’23	(148.60)	(222.03)	(64.68)	(232.52)	(692.31)
’22	(13.56)	(244.51)	(611.28)	(756.99)	(1.77k)
’21	(244.51)	(244.51)	(305.64)	(122.25)	(916.91)
’20	(366.77)	(916.91)	(489.02)	(244.51)	(1.89k)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10,841.25	13,781.25	4,471.25	1,408.75	1,470.00	2,266.25	217.00	35.00	1.80	2.30	Analyst estimates 2026–2028 Powerpack
	High	32,401.25	30,625.00	25,725.00	24,745.00	11,882.50	10,963.75	2,633.75	465.50	45.50	32.50
People
People	Employees	21	86	70	28	25	31	33	26	14	4
	Revenue/emp, $m	0.57	0.21	0.18	0.24	0.40	0.33	0.44	0.40	0.70	0.00
Income, $m
Income, $m	Revenue	12	18	13	7	10	10	14	10	10	—
	Gross margin, %	79.29	84.73	87.98	73.66	60.04	63.85	54.02	58.19	66.26	—
	EBT	(13)	(7)	(7)	(10)	(11)	(6)	(11)	(6)	(9)	(33)
	EBT margin, %	(110.52)	(40.59)	(52.29)	(146.26)	(111.07)	(57.08)	(73.65)	(58.78)	(89.46)	0.00
	Net income	(13)	(7)	(7)	(10)	(11)	(6)	(11)	(10)	(7)	(22)
	Depreciation	0	0	0	0	0	0	7	0	1	0
Per share, $
Per share, $	Revenue	7,931.33	7,292.00	4,467.14	1,885.43	1,742.81	1,437.18	1,565.65	435.63	14.41	0.00
	Earnings	(8,557.88)	(2,934.13)	(2,383.98)	(2,934.13)	(1,894.96)	(916.91)	(1,765.73)	(692.31)	(12.65)	(3.80)
	Cash flow	(7,774.00)	(2,508.00)	(1,988.57)	(2,265.43)	(828.25)	(1,294.65)	(723.26)	(177.54)	(11.04)	(1.45)
	Capex	(106.67)	(97.60)	(15.71)	(5.43)	(4.56)	(7.32)	(12.17)	(0.79)	(0.01)	0.00
	Free cash flow	(7,880.67)	(2,605.60)	(2,004.29)	(2,270.86)	(832.81)	(1,301.97)	(735.43)	(178.33)	(11.05)	(1.45)
	Book value	4,734.00	1,037.60	1,769.29	278.00	2,161.05	1,432.54	1,147.17	138.08	(0.19)	(3.92)
	Shares, m	0	0	0	0	0	0	0	0	1	6
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	—
	P/S	2.50	3.44	1.06	2.08	2.46	1.62	0.26	0.08	0.14	—
	P/B	4.19	24.20	2.67	14.10	1.98	1.74	0.50	0.59	0.00	—
	EV/Sales	1.75	3.30	0.84	1.98	1.58	1.18	0.11	0.23	0.33	—
	EV/FCF	(1.76)	(9.23)	(1.88)	(1.65)	(3.30)	(1.31)	(0.24)	(0.56)	(0.65)	—
Cash, $m
Cash, $m	Operating cash flow	(12)	(6)	(6)	(8)	(5)	(9)	(7)	(4)	(7)	(8)
	Capex	0	0	0	0	0	0	0	0	0	—
	Free cash flow	(12)	(7)	(6)	(8)	(5)	(9)	(7)	(4)	(8)	(8)
Balance, $m
Balance, $m	Working capital	10	4	5	4	11	10	7	3	(1)	8
	Total debt	—	—	—	4	0	0	0	—	1	—
	Net debt	(10)	(3)	(3)	(3)	(12)	(7)	(5)	(3)	0	(8)
	Shareholders’ equity	7	3	5	1	12	10	11	3	0	(23)
Returns, %
Returns, %	ROA	(128.57)	(58.15)	(67.34)	(101.91)	(83.45)	(33.45)	(80.57)	(131.30)	(138.20)	(355.45)
	ROIC	0.00	0.00	(277.77)	0.00	(513.59)	(186.36)	(159.62)	(657.37)	0.00	0.00
	ROE	(1,313.13)	(152.72)	(173.42)	(353.87)	(166.11)	(60.15)	(190.55)	(373.33)	(1,400.81)	189.91

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2024 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GECC Great Elm Capital Group, Inc.	$69.7M	— (loss-making)	6.6×	−23.68% (below 0%: shrinking)	−54.90% (below 0%: shrinking)	+35.66% (above 0%: growing)	100.00%	69.32%	Compare
AFCG Advanced Flower Capital Inc.	$69.7M	— (loss-making)	3.1×	+40.12% (above 0%: growing)	n/m	−452.40% (below 0%: shrinking)	100.00%	64.59%	Compare
GEG Great Elm Group, Inc.	$67.1M	— (loss-making)	— (loss-making)	+88.28% (above 0%: growing)	−92.16% (below 0%: shrinking)	+265.21% (above 0%: growing)	(96.60%)	(19.71%)	Compare
PDCC Pearl Diver Credit Company Inc.	$66.1M	— (loss-making)	—	—	n/m	—	—	—	Compare
AVAT Avalanche Treasury Corporation	$58.2M	—	—	—	n/m	—	100.00%	(3,421.79%)	Compare
OFS OFS Capital Corporation	$53.7M	— (loss-making)	6.5×	−34.74% (below 0%: shrinking)	n/m	+12.89% (above 0%: growing)	100.00%	72.96%	Compare
SDEV Stablecoin Development Corporation	$52.8M	0.1×	— (loss-making)	−2,083.90% (below 0%: shrinking)	n/m	−136.33% (below 0%: shrinking)	100.00%	111.19%
TGE The Generation Essentials Group	$40.3M	—	—	—	—	—	—	—	Compare
RMCO Royalty Management Holding Corporation	$35.8M	— (loss-making)	—	+38.02% (above 0%: growing)	n/m	−450.54% (below 0%: shrinking)	8.35%	(4.95%)	Compare
Median of peers	$62.1M	—	6.5×	+38.02%	—	+12.89%	100.00%	29.82%

All 120 Asset Management stocks →

Stablecoin Development Corporation (SDEV) key facts

Stablecoin Development Corporation (SDEV) is an Asset Management company in the Financial sector, listed on NYSE American.
As of October 16, 2026, SDEV traded at $0.88, a market capitalization of $52.8 million.
Return on equity was 189.9% and debt-to-equity 0.00.
Its Piotroski F-score is 4 out of 9 for fiscal 2024.

Source: company filings (standardised) and stockrow calculations.