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Financial statements

Hashdex Commodities Trust financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Hashdex Commodities Trust files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2024FY2025
Selling and marketing0.01
General and administrative0
Operating expenses0.290.14
Operating income1.4410.7
Net income1.4210.6-0.47

Balance sheet

FY2024FY2024FY2025
Cash and equivalents1.870.030.05
Total assets2.5914.911.9
Total liabilities0.050.010
Shareholders' equity2.5414.811.9
Total equity2.5414.811.9
Total liabilities and equity2.5914.911.9
Shares outstanding0.050.140.12

Cash flow statement

FY2024FY2024FY2025
Net income1.4210.6-0.47
Cash from operations1.12-3.562.49
Stock issued0.3719.82.14
Share buybacks-0.32-18.1-4.61
Cash from financing0.041.72-2.47
Net change in cash1.17-1.840.02

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $72.77 on August 17, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-51.7%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-47.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-104.5%Net income vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-19.8%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-19.9%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets9.1%Total liabilities / total assets.
Tangible book value$13.3MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
Book value per share$66.52Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$66.52Tangible book value / shares outstanding.
Cash per share$0.21(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$14.6MShare price x shares outstanding.
Enterprise value$14.5MMarket cap + total debt - cash - short-term investments.
P/B1.09xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.09xMarket cap / tangible book value, when positive.
Earnings yield-47.3%Net income / market cap (the inverse of P/E).
Was Hashdex Commodities Trust profitable in fiscal 2025?

No. It reported a net loss of $474.5K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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