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Financial statements

Invesco Galaxy Ethereum ETF financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Invesco Galaxy Ethereum ETF 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

FY2025
Operating expenses0.06
Operating income-0.06
Net income-1.81

Balance sheet

FY2025
Cash and equivalents0
Total assets25.9
Total liabilities0.01
Paid-in capital23.6
Retained earnings2.29
Shareholders' equity25.8
Total equity25.8
Total liabilities and equity25.9

Cash flow statement

FY2025
Net income-1.81
Cash from operations-4.09
Stock issued38.9
Share buybacks-34.8
Cash from financing4.09
Net change in cash0

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 $26.56 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-53.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-53.9%Net income / average total assets.
Return on invested capital (ROIC)-0.3%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets0.0%Total liabilities / total assets.
Tangible book value$15.6MShareholders' equity - goodwill - intangible assets.

Valuation

MetricValueHow it is calculated
Market cap$26.1MShare price x shares outstanding.
Enterprise value$26.1MMarket cap + total debt - cash - short-term investments.
P/B1.68xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.68xMarket cap / tangible book value, when positive.
Earnings yield-32.2%Net income / market cap (the inverse of P/E).
Shareholder yield163.4%(Dividends paid + share buybacks) / market cap.
Was Invesco Galaxy Ethereum ETF profitable in fiscal 2025?

No. It reported a net loss of $1.8M.

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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