Bilaal.Raja
Company record

SDEV  Stablecoin Development Corp

Trailing twelve months to 2025-09-30, as filed 2026-07-30 and not restated since.
Healthcare

Scale

Market cap
$377m
Revenue TTM
$3m
Net income TTM
$3m
Free cash flow
$-7m
Composite score
—
Sector rank
#2492

Valuation

P / E
116.4
EV / EBITDA
—
EV / sales
132.5
FCF yield
-1.89%
Yield vs 10-yr
-4.43pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
114.6%
EBITDA margin
-272.6%
ROE
292.4%
ROIC
—
Revenue growth
-74.7%

Insider activity, last 90 days

Net open-market
$0.00m
Buyers
0
Sellers
0

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Staking Revenue Staking revenue was $2.2 million for the three months ended June 30, 2026, compared to no staking revenue for the three months ended June 30, 2025. Staking revenue is attributable to staking rewards earned on the Company's SKY token holdings during the period, with no comparable result for the three months ended June 30, 2025, as the Company did not hold digital assets or conduct staking activities during the prior year period. General and administrative General and administrative expenses were $5.4 million for the three months ended June 30, 2026, compared to $1.9 million for the three months ended June 30, 2025, an increase of approximately $3.5 million or 186%. …Stablecoin Development Corp, 10-Q, period ended 2026-06-30, filed 2026-07-30

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