← Back to Stablecoin Development Corp
Stoqly stoqly.net Company report Β· October 27, 2026

Stablecoin Development Corp

SDEV NYSEΒ· Finance Services

Last close Β· Oct 26, 2026

$0.93

KIRA Β· Stoqly’s AI analyst, in plain words

  • Stablecoin Development Corp lost $631M in fiscal 2025.
  • Stablecoin Development Corp returned $4.8M to shareholders in fiscal 2025.

Market cap

$28.9M

P/E

β€”

Revenue

β€”

Net income

βˆ’$631M

Free cash flow

β€”

Operating margin

β€”

Stablecoin Development Corp in 30 seconds Β· fiscal 2025

Weak

Does it make a profit?

βˆ’$631M

No. It lost money last year.

What Stablecoin Development Corp does

No business description yet.

Fiscal year ends
December 31, 2025
Latest annual report
10-K Β· Mar 19, 2026
Legal name
Stablecoin Development Corp
CIK
0001389545
stoqly.net Β· SDEV Β· Generated October 27, 2026 Not investment advice Β· Page 1 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Stablecoin Development Corp Β· SDEV

Results and finances

The last 5 fiscal years. Amounts in USD.

Fiscal yearFY21FY22FY23FY24FY25
Sales and profit
Revenue $10.2M $14.4M $10.5M $9.8M β€”
Revenue growth 2.7% 41.2% βˆ’27.4% βˆ’6.4% β€”
Gross margin 63.8% 54.0% 58.2% 66.3% β€”
Operating margin βˆ’86.8% βˆ’100.1% βˆ’39.2% βˆ’75.4% β€”
Net income βˆ’$5.8M βˆ’$10.6M βˆ’$9.6M βˆ’$7.2M βˆ’$631M
Net margin βˆ’57.1% βˆ’73.6% βˆ’92.2% βˆ’73.8% β€”
Diluted EPS βˆ’$150.00 β€” β€” β€” β€”
Cash
Cash from operations βˆ’$9.2M βˆ’$6.7M βˆ’$4.1M βˆ’$7.5M βˆ’$8.4M
Capital expenditure $0.1M $0.1M $0.0M $0.0M β€”
Free cash flow βˆ’$9.2M βˆ’$6.8M βˆ’$4.2M βˆ’$7.5M β€”
FCF margin βˆ’90.6% βˆ’47.0% βˆ’39.7% βˆ’76.7% β€”
Dividends paid β€” β€” β€” $0.0M $4.8M
Share count change 24.5% β€” β€” β€” β€”
Debt and strength
Cash and short-term investments $7.5M $5.4M $2.9M $0.4M $8.0M
Shareholders' equity $10.2M $10.6M $3.3M βˆ’$0.1M βˆ’$632M
Current ratio 3.8x 2.7x 1.7x 0.7x 7.6x
Returns and quality
Return on equity βˆ’51.8% βˆ’102.4% βˆ’139.0% βˆ’453.6% β€”
Return on tangible equity βˆ’1,480.6% βˆ’205.2% βˆ’512.0% β€” β€”
Piotroski F-score 2 2 3 2 β€”
Altman Z'' βˆ’18.3 βˆ’32.6 βˆ’63.5 βˆ’191.0 βˆ’297.4

Insiders bought, 12 months

$0.0M

0 insiders

Insiders sold, 12 months

$0.1M

2 insiders

Of sales under plans

0%

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
stoqly.net Β· SDEV Β· Generated October 27, 2026 Not investment advice Β· Page 2 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Stablecoin Development Corp Β· SDEV

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $0.93 a share, the company is worth $28.9M.

Source: SEC EDGAR XBRL filings (CIK 0001389545). Data updated October 24, 2026. For information only β€” not investment advice. Check the original filings before relying on any figure.