For the year ending 2025-12-31, GLXY had $784,137K increase in cash & cash equivalents over the period. -$1,509,170K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income / (loss) for the period, before taxes | -270,679 |
| Income taxes expense / (benefit) | -29,330 |
| Income / (loss) for the year | -241,349 |
| Digital assets sales revenue | 20,510,886 |
| Digital assets sales cost | 20,220,965 |
| Impairment of digital assets | 256,982 |
| Provision for credit losses | -2,569 |
| Depreciation and amortization | 34,068 |
| Other impairment loss | 87,251 |
| Equity based compensation | 53,612 |
| Noncash management fee | 56,925 |
| Noncash borrowing costs | 129,261 |
| Noncash interest and net staking income | 127,141 |
| Net realized loss on disposal | 0 |
| Net (gains) / losses from operations | -948,939 |
| Net unrealized (gain) / loss on notes payablederivative | -35,544 |
| Noncash notes interest expense | 35,667 |
| Taxes | 41,127 |
| Other noncash adjustments | -698 |
| Digital assets | -434,709 |
| Digital assets receivable | -490 |
| Investments | 60,165 |
| Derivative assets / liabilities | -323,000 |
| Accounts receivable | -24,708 |
| Prepaid expenses and other assets | 73,412 |
| Other non-current assets | 186,383 |
| Collateral receivable / payable | -56,429 |
| Accounts payable and accrued liabilities | 17,921 |
| Other current liabilities | 16,250 |
| Other non-current liabilities | 235,309 |
| Net cash provided by / (used in) operating activities | -316,636 |
| Proceeds from repayments and maturities of loans receivable | 554,421 |
| Origination of loans receivable | 650,945 |
| Purchase of property, equipment and intangible assets | 1,192,534 |
| Acquisitions, net of cash received | 7,782 |
| Disposal of property and equipment | 11,346 |
| Purchase of investments | 2,647,019 |
| Proceeds and distributions from investments | 2,641,934 |
| Net cash provided by / (used in) investing activities | -1,290,579 |
| Payable to customers | -17,093 |
| Proceeds from loans payable | 380,325 |
| Repayments of loans payable | 509,381 |
| Margin loans payable, net | -311,512 |
| Proceeds from notes payable, net of issuance costs | 2,098,545 |
| Share issuance, net of costs | 851,173 |
| Distributions | 49,308 |
| Cancellation of classa units withheld | 51,397 |
| Net cash provided by / (used in) financing activities | 2,391,352 |
| Net increase / (decrease) in cash and cash equivalents | 784,137 |
| Cash and cash equivalents, beginning of period | 462,103 |
| Cash and cash equivalents, end of period | 1,246,240 |
Galaxy Digital Inc. (GLXY)
Galaxy Digital Inc. (GLXY)