NASDAQ · Financial Services
Invest in Metalpha Technology stock from India
Indian and foreign residents can buy Metalpha Technology (MATH) shares directly through Paasa.
By Paasa · Updated
Metalpha Technology at a glance
- Price
- $1.10+$0.07 (6.80%)
- Market cap
- $47.75M
- Day range
- $1.02 – $1.10
- P/E
- 27.71
- Dividend yield
- None
- Volume
- 102.45K
- 1 month
- +33.85%
- 6 months
- -2.65%
- YTD
- -47.62%
- 1 year
- -70.03%
- 5 years
- -27.15%
Metalpha Technology statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $0.0 | $44.6M | $16.8M | $5.7M | $122.7K |
| Gross profit | −$22.0M | $21.3M | $5.6M | $2.0M | $46.9K |
| Operating income | −$35.8M | $17.4M | $1.3M | −$1.6M | −$3.3M |
| Net income | $1.3M | $15.9M | −$3.7M | −$20.6M | −$14.4M |
| Earnings per share | $0.03 | $0.41 | −$0.11 | −$0.76 | −$0.79 |
| EBITDA | −$35.5M | $16.1M | −$3.6M | −$11.6M | −$9.1M |
| Total assets | $485.6M | $246.8M | $174.7M | $56.1M | $24.3M |
| Total debt | $536.6K | $212.7K | $5.0M | $133.3K | $368.7K |
| Cash and short-term investments | $465.1M | $20.7M | $48.1M | $9.5M | $5.3M |
| Shareholders' equity | $53.0M | $36.6M | $16.9M | $8.6M | $12.8M |
| Operating cash flow | $75.7M | $72.0K | −$11.6M | −$1.1M | −$4.9M |
| Free cash flow | $75.7M | $24.7K | −$11.6M | −$1.1M | −$5.1M |
| Capital expenditure | $5.0 | −$47.3K | −$1.3K | −$3.2K | −$288.3K |
Fiscal years as reported, the latest ending 31 Mar 2026. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| IRSA Inversiones y Representaciones Sociedad Anónima | IRS | $13.97 | $1.08B |
| HireQuest | HQI | $19.49 | $271.70M |
| Espey Mfg. & Electronics | ESP | $64.64 | $193.66M |
| Hurco Companies | HURC | $22.08 | $143.00M |
| Enigmatig | EGG | $5.00 | $139.89M |
| Surf Air Mobility | SRFM | $1.20 | $133.19M |
| Ultralife | ULBI | $6.38 | $106.27M |
| Optex Systems | OPXS | $10.55 | $73.43M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Metalpha Technology from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search MATH and buy
Find Metalpha Technology by name or by its ticker, MATH, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in Metalpha Technology from India
What Metalpha Technology does
Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. It offers digital asset-based wealth management services; executes cryptocurrency-related transactions, including the issuance of derivative products to over-the-counter clients; proprietary trading services; crypto derivative market making services for clients, as well as facilitates the trading of crypto derivative products; traditional financial derivative products; and securities advisory and asset management services. Metalpha Technology operates in the Financial - Capital Markets industry within the Financial Services sector.
Hold a dollar asset
Metalpha Technology shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one Metalpha Technology share. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Metalpha Technology stock from India?
Yes. Indian residents and NRIs can buy Metalpha Technology (MATH) shares directly through Paasa. Metalpha Technology is listed on NASDAQ, in the Financial - Capital Markets industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Metalpha Technology share?
No. You can buy part of one Metalpha Technology share and add to your position over time. One share is $1.10, and you can buy whole shares or any fraction; there is no minimum trade size.
How are Metalpha Technology dividends taxed for Indian investors?
Metalpha Technology trades on NASDAQ but is domiciled in Hong Kong SAR China, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Metalpha Technology shares?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.