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Galaxy Digital Holdings Ltd. (T:GLXY)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
Company Contact
Address: 107 Grand Street, 8Th Floor
NEW YORK NY 10013-5903
Tel: N/A
IR: See website
Key People
Michael Daffey
Chairman of the Board
Amanda Fabiano
Head of Mining
Michael E. Novogratz
Chief Executive Officer, Founder, Director
Alexander M. Ioffe
Chief Financial Officer
Christopher Charles Ferraro
Co-President, Director
Damien Vanderwilt
Co-President, Head of Global Markets
Erin Brown
Chief Operating Officer
Andrew Siegel
General Counsel and Chief Compliance Officer
Michael Ashe
Head of Investment Banking
Sam Englebardt
Head of Galaxy Interactive
Business Overview
Galaxy Digital Holdings Ltd. is a digital asset and blockchain company. The Company provides institutions, startups, and qualified individuals access to the crypto economy. Its full suite of financial services is custom-made for a digitally native ecosystem, providing multiple business lines: trading, asset management, investment banking, mining, and ventures. Its trading business, Galaxy Trading, provides spot and derivative executions, as well as liquidity to institutional clients, counterparties and venues that transact in cryptocurrencies and other digital assets. Its asset management business, Galaxy Asset Management, manages capital on behalf of third parties in exchange for management fees and performance-based compensation. Its investment banking business, Galaxy Investment Banking, offers financial and strategic advisory services for the digital asset, cryptocurrency and blockchain technology sectors. The Company operates various offices across North America, Europe and Asia.
Financial Overview
For the fiscal year ended 31 December 2023, Galaxy Digital Holdings Ltd revenues was not reported. Net income totaled $454.8M vs. loss of $522.7M. Net income reflects (Impairment) reversal of impairment of i decrease from $252.5M (expense) to $390.9M (income), Equity income (loss) from associate increase from $334M (expense) to $97.2M (income), Recoveries from associate - warrant liab decrease from $20.3M (expense) to $0K.
Employees: 434 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $4,572M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): $0.00M as of Dec 31, 2023
Net annual income (TTM): $622.52M as of Dec 31, 2023
Free cash flow (TTM): -$22.61M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 325,319,363 as of Mar 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization