BD

Bitcoin Depot Inc.

BTMยทNASDAQ

$6.26

+0.0000%
Financial ServicesFinancial - Capital Markets

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade. The company was founded in 2016 and is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.

At a Glance

Live Snapshot
Market Cap$168.42M
EPS-0.5600
P/E Ratio-11.19
Earnings Date03/23/2026
3Y+5.0%
5Y+134.0%
10Y+134.0%
3Y-297.0%
5Y-181.0%
10Y-181.0%
3Y-3.0%
5Y+23.0%
10Y+23.0%
BD

Bitcoin Depot Inc. Profit Bridge

BTM ยท NASDAQ
Revenue573.70M
Cost of Goods Sold (482.26M)
Gross Profit91.44M
Operating Expenses (67.23M)
Operating Income24.21M
Interest Expense (14.20M)
Other Income/Expense-14.26M
Pretax Income9.95M
Income Tax (2.14M)
Net Income-11.69M
Net Income
-11.69M

Profitability Analysis

Gross Margin

15.9%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

4.2%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-2.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Effective Tax Rate

21.5%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Non-operating losses: Core business is profitable but other expenses (interest, taxes, one-time items) are driving net losses. Review capital structure and non-operating items.

Bitcoin Depot Inc. Income Statement

BTM โ€ข NASDAQ

Bitcoin Depot Inc. Income StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
REVENUE
573.7M
689M
646.8M
549M
245.1M
GROSS PROFIT
(482.3M)
(587.9M)
(574.5M)
(493M)
(214M)
91.4M
101M
72.3M
56M
31.1M
OPERATING INCOME
(67.2M)
(70.6M)
(55.8M)
(42.2M)
(16.3M)
(57.2M)
(57.8M)
(37M)
(29.1M)
(14M)
24.2M
30.5M
16.5M
13.8M
14.8M
PRE-TAX INCOME
(14.2M)
(11.9M)
(12.3M)
(8M)
(731.1K)
-14.2M
-11.9M
-12.3M
-8M
-731.1K
(10.1M)
(12.8M)
(18.8M)
(13M)
(2.2M)
-14.3M
-29M
-12.6M
-8.1M
-406.5K
10M
1.5M
3.9M
5.8M
14.4M
NET INCOME
(2.1M)
(49K)
(395K)
-171.2K
(0.0)
-11.7M
-26.1M
4M
5.9M
14.4M

SEC Filings

BTM - Filing history and reports

No SEC filings available for BTM