WonderFi Reports Q3 2025 Results
Newsfile·2025-11-14 22:06

Core Insights - WonderFi Technologies Inc. reported financial results for Q3 2025, achieving approximately $11.7 million in revenue and interest income, a 47.5% increase compared to Q3 2024 [8] - The company anticipates the completion of its acquisition by Robinhood Markets, Inc. to be delayed until the first half of 2026 due to additional development work and regulatory approvals [3] Financial Performance - Revenue and interest income for Q3 2025 reached approximately $11.7 million, marking a 47.5% increase from Q3 2024 [8] - Bitbuy and Coinsquare reported over $2.3 billion in client assets under custody as of September 30, 2025 [8] - The company achieved positive adjusted EBITDA in Q3 2025, contrasting with a loss during the same period in 2024, after excluding non-cash items [8] Business Developments - Bitbuy and Coinsquare launched six new tradeable assets, resulting in an incremental trading volume of $13.7 million [8] - The company is positioned to capture market and wallet share through ongoing innovation in the digital asset space [6]