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Financial Services - Financial - Capital Markets - NASDAQ - US
$ 6.03
7.1 %
$ 388 M
Market Cap
-40.2
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one BTM stock under the worst case scenario is HIDDEN Compared to the current market price of 6.03 USD, Bitcoin Depot Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one BTM stock under the base case scenario is HIDDEN Compared to the current market price of 6.03 USD, Bitcoin Depot Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one BTM stock under the best case scenario is HIDDEN Compared to the current market price of 6.03 USD, Bitcoin Depot Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BTM

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$7.0$7.0$6.0$6.0$5.0$5.0$4.0$4.0$3.0$3.0$2.0$2.0$1.0$1.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
574 M REVENUE
-16.73%
24.2 M OPERATING INCOME
-20.55%
7.81 M NET INCOME
431.56%
22.5 M OPERATING CASH FLOW
-45.15%
-11.4 M INVESTING CASH FLOW
-51581.82%
-11.6 M FINANCING CASH FLOW
76.31%
164 M REVENUE
20.02%
17.8 M OPERATING INCOME
70.68%
12.2 M NET INCOME
125.76%
16.2 M OPERATING CASH FLOW
207.13%
-8.21 M INVESTING CASH FLOW
-850.12%
-2.55 M FINANCING CASH FLOW
64.94%
Balance Sheet Bitcoin Depot Inc.
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Current Assets 34.3 M
Cash & Short-Term Investments 31 M
Receivables 275 K
Other Current Assets 3.08 M
Non-Current Assets 45.8 M
Long-Term Investments -6.07 M
PP&E 29.4 M
Other Non-Current Assets 22.4 M
38.68 %3.84 %36.75 %27.96 %Total Assets$80.1m
Current Liabilities 40.6 M
Accounts Payable 11.6 M
Short-Term Debt 6.02 M
Other Current Liabilities 23 M
Non-Current Liabilities 56 M
Long-Term Debt 49.5 M
Other Non-Current Liabilities 6.5 M
11.97 %6.23 %23.86 %51.20 %6.73 %Total Liabilities$96.6m
EFFICIENCY
Earnings Waterfall Bitcoin Depot Inc.
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Revenue 574 M
Cost Of Revenue 482 M
Gross Profit 91.4 M
Operating Expenses 67.2 M
Operating Income 24.2 M
Other Expenses 16.4 M
Net Income 7.81 M
600m600m500m500m400m400m300m300m200m200m100m100m00574m(482m)91m(67m)24m(16m)8mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
15.94% GROSS MARGIN
15.94%
4.22% OPERATING MARGIN
4.22%
-2.04% NET MARGIN
-2.04%
49.45% ROE
49.45%
-14.59% ROA
-14.59%
41.78% ROIC
41.78%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Bitcoin Depot Inc.
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45m45m40m40m35m35m30m30m25m25m20m20m15m15m10m10m5m5m0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Net Income 7.81 M
Depreciation & Amortization 10.1 M
Capital Expenditures -10.8 M
Stock-Based Compensation 3.4 M
Change in Working Capital -762 K
Others -458 K
Free Cash Flow 11.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Bitcoin Depot Inc.
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Wall Street analysts predict an average 1-year price target for BTM of $4.43 , with forecasts ranging from a low of $3.5 to a high of $6 .
BTM Lowest Price Target Wall Street Target
3.5 USD -41.96%
BTM Average Price Target Wall Street Target
4.43 USD -26.56%
BTM Highest Price Target Wall Street Target
6 USD -0.50%
Price
Max Price Target
Min Price Target
Average Price Target
77665544332211Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Bitcoin Depot Inc.
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Sold
0-3 MONTHS
12.7 K USD 1
3-6 MONTHS
244 K USD 3
6-9 MONTHS
619 K USD 3
9-12 MONTHS
359 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
258 K USD 1
9-12 MONTHS
7. News
Bitcoin Depot Adds to Bitcoin Treasury Holdings Amid Continued Market Momentum ATLANTA, June 13, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced it has purchased additional Bitcoin (BTC) as part of its treasury strategy first initiated in June 2024. The move follows the Company's earlier purchases of 51 and 11 BTC in February 2025. globenewswire.com - 3 weeks ago
Bitcoin Depot Acquires the Assets of Regional Bitcoin ATM Operator Pelicoin, Expanding U.S. Presence Advances Bitcoin Depot's Nationwide Expansion Strategy and Long-Term Growth Plans Advances Bitcoin Depot's Nationwide Expansion Strategy and Long-Term Growth Plans globenewswire.com - 3 weeks ago
Are You Looking for a Top Momentum Pick? Why Bitcoin Depot Inc. (BTM) is a Great Choice Does Bitcoin Depot Inc. (BTM) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 3 weeks ago
What Makes Bitcoin Depot Inc. (BTM) a Good Fit for 'Trend Investing' If you are looking for stocks that are well positioned to maintain their recent uptrend, Bitcoin Depot Inc. (BTM) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen. zacks.com - 3 weeks ago
Bitcoin Depot Eliminates Up-C Corporate Structure Simplified Corporate Structure Reduces Compliance and Reporting Complexity, Lowers Cash Tax Burden Simplified Corporate Structure Reduces Compliance and Reporting Complexity, Lowers Cash Tax Burden globenewswire.com - 1 month ago
Why Bitcoin Depot Inc. (BTM) Might be Well Poised for a Surge Bitcoin Depot Inc. (BTM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. zacks.com - 1 month ago
Bitcoin Depot Inc. (BTM) is a Great Momentum Stock: Should You Buy? Does Bitcoin Depot Inc. (BTM) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 1 month ago
What Makes Bitcoin Depot Inc. (BTM) a New Buy Stock Bitcoin Depot Inc. (BTM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 month ago
Bitcoin Depot: Q1 Was Fundamentally Solid Bitcoin Depot's Q1 showcased strong operational momentum with revenue climbing 19% YoY to $164.2, adjusted gross margin expanding by 7.7 percentage points, and Adjusted EBITDA tripled to $20.3 million. Despite improved operating cash flow, Bitcoin Depot's balance sheet remains structurally fragile with a shareholders' deficit of approximately $4.6 million due to liabilities exceeding assets. Operational focus is shifting from rapid fleet expansion to maximizing unit economics by optimizing the existing BTM network, with second-year kiosks reportedly generating around 50% more revenue. seekingalpha.com - 1 month ago
Bitcoin Depot Inc. (BTM) Q1 2025 Earnings Call Transcript Bitcoin Depot Inc. (NASDAQ:BTM ) Q1 2025 Earnings Conference Call May 15, 2025 10:00 AM ET Company Participants Cody Slach - Senior MD Brandon Mintz - CEO David Gray - CFO Scott Buchanan - Director, COO, and Principal Financial Officer Conference Call Participants Mike Grondahl - Northland Capital Markets Mike Colonnese - H.C. Wainwright Harold Goetsch - B. seekingalpha.com - 1 month ago
Bitcoin Depot Inc. (BTM) Surpasses Q1 Earnings and Revenue Estimates Bitcoin Depot Inc. (BTM) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.25 per share a year ago. zacks.com - 1 month ago
Bitcoin Depot Reports First Quarter 2025 Financial Results Q1 Revenue up 19% Year-Over-Year to $164.2 Million Q1 Net Income up Significantly to $12.2 Million Compared to a Net Loss of $4.2 Million in the Prior Year Quarter Q1 Adjusted Gross Profit up 92% Year-Over-Year to $33.1 Million Q1 Adjusted EBITDA up 315% Year-Over-Year to $20.3 Million Q1 Cash from Operations of $16.3 Million ATLANTA, May 15, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (Nasdaq: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the first quarter ended March 31, 2025. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. globenewswire.com - 1 month ago
8. Profile Summary

Bitcoin Depot Inc. BTM

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COUNTRY US
INDUSTRY Financial - Capital Markets
MARKET CAP $ 388 M
Dividend Yield 0.00%
Description 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.
Contact 3343 Peachtree Road NE, Atlanta, GA, 30326 https://www.bitcoindepot.com
IPO Date April 19, 2022
Employees 126
Officers Mr. Brian Sweatt Chief Technology Officer Mr. David M. Gray Chief Financial Officer & Principal Financial Officer Mr. Chris Ryan Chief Legal Officer Mr. Brandon Mintz Chairman of the Board, President & Chief Executive Officer Mr. Ron Moore Chief information Security Officer Mr. Bill Knoll Head of Product Mr. Mark Smalley Chief Compliance Officer Ms. Susan Echterhoff Vice President of Human Resources Mr. Christopher Scott Buchanan Chief Operating Officer & Director Ms. Sarah Wessel Vice President of Sales