Stablecoin Development Corporation Common Stock (SDEV)

FairStock Score: 14/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Stablecoin Development Corporation is a two-employee holding vehicle for digital assets, chiefly SKY tokens. I can understand a cheap asset manager, but this is not an operating business with predictable cash flows. In fiscal Q2 2026, the quarter ended 2026-06-30, it reported revenue of $2.2M, a net loss of $41.1M, and diluted EPS of -$1.32. In fiscal Q1 2026, the quarter ended 2026-03-31, it reported net income of $552.4M and diluted EPS of $3.33, which shows how volatile token marks can be. Fiscal year 2025, period ended 2025-12-31, was a net loss of $630.8M and diluted EPS of -$108.39. Earlier, in fiscal year 2024, period ended 2024-12-31, revenue was $9.8M with a net loss of $7.2M, and in fiscal year 2023, period ended 2023-12-31, revenue was $10.5M with a net loss of $9.6M. At the close on 2026-10-13, the price was $1.25 and market cap $63.3M. FairStock calculations show P/B 0.50, P/E -0.06, FCF yield -19.5%, Piotroski 3/9, and a FairStock score of 14/100. Debt/equity is 0.00, but the balance sheet is tied to a protocol token, not a durable franchise. The Lynch category is none because it lost money in each of the last four years. The 52-week range of $0.78 to $99.75 screams speculation. A Graham-style bargain needs asset protection and earnings power; here the asset value may be volatile and the earnings record is absent. I am not comforted by reports of high returns when losses dominate. No durable competitive moat is visible.

In plain English: Stablecoin Development Corporation holds digital assets, mostly a token called SKY, and earns money from related activities. It has lost money in each of the last four years, and the latest quarter had a big loss. At $1.25, the stock may look low against its reported assets, but the business looks weak and very unpredictable.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K/A (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer