other material
confidence high
sentiment neutral
materiality 0.55
DevvStream FY2025 loss $11.8M; launches Bitcoin/Solana treasury; $10M Helena tranche
DevvStream Corp.
- Net loss $11.8M for FY2025 vs $9.9M in FY2024; driven by higher public-company costs after Nasdaq listing.
- Cash and restricted cash of $9.73M as of July 31, 2025.
- Launched digital-asset treasury holding Bitcoin and Solana; staking ~12,185 SOL at ~6.29% annualized yield.
- Closed initial $10M tranche under $300M convertible-note facility with Helena.
- Completed Nasdaq listing and de-SPAC; expects acquisition-led growth in sustainability markets.