View Future GrowthBitcoin Depot 과거 순이익 실적과거 기준 점검 0/6Bitcoin Depot 의 수입은 연평균 -32.4%의 비율로 감소해 온 반면, Commercial Services 산업은 연평균 9.7%의 비율로 증가했습니다. 매출은 연평균 5.2%의 비율로 증가해 왔습니다.핵심 정보-32.43%순이익 성장률38.55%주당순이익(EPS) 성장률Commercial Services 산업 성장률8.53%매출 성장률5.18%자기자본이익률41.25%순이익률-1.01%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Mar 17Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$0.81 loss per share (improved from US$4.99 loss in FY 2024). Revenue: US$614.9m (up 7.2% from FY 2024). Net loss: US$5.77m (loss narrowed 51% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.분석 기사 • Nov 20We Think Bitcoin Depot's (NASDAQ:BTM) Profit Is Only A Baseline For What They Can AchieveEven though Bitcoin Depot Inc. ( NASDAQ:BTM ) posted strong earnings, investors appeared to be underwhelmed. We have...Reported Earnings • Nov 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.082 (up from US$0.045 loss in 3Q 2024). Revenue: US$162.5m (up 20% from 3Q 2024). Net income: US$5.54m (up US$6.48m from 3Q 2024). Profit margin: 3.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is expected to decline by 3.6% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%.공시 • Oct 31Bitcoin Depot Inc. to Report Q3, 2025 Results on Nov 13, 2025Bitcoin Depot Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.16 (up from US$0.14 in 2Q 2024). Revenue: US$172.1m (up 5.5% from 2Q 2024). Net income: US$6.07m (up 115% from 2Q 2024). Profit margin: 3.5% (up from 1.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Commercial Services industry in the US.공시 • Jul 30Bitcoin Depot Inc. to Report Q2, 2025 Results on Aug 12, 2025Bitcoin Depot Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025모든 업데이트 보기Recent updates공시 • May 20Bitcoin Depot Inc. Receives Notice of Chapter 11 Bankruptcy Filing and Nasdaq Delisting NotificationAs previously disclosed, on May 17, 2026, Bitcoin Depot Inc. (the Company), BCD Merger Sub LLC, BitAccess Inc., Bitcoin Depot Operating LLC, BT HoldCo LLC, BTM International Holdings 1 LLC, BTM International Holdings II LLC, Cash Ramp LLC, Digital Gold Ventures Inc., Express Vending Inc., Intuitive Software LLC, Kiosk HoldCo LLC, Kiosk Technicians, LLC, Kutt Inc., Lux Vending Kiosk, LLC, MCA Services Group, LLC, and Mintz Assets Inc. (together with the Company, the Debtors) each filed voluntary petitions for relief (the Chapter 11 Cases) under chapter 11 (Chapter 11) of title 11 of the United States Code (the Bankruptcy Code) in the United States Bankruptcy Court for the Southern District of Texas. On May 18, 2026, the Company received a letter from the Listing Qualifications Department staff of the Nasdaq Stock Market LLC (Nasdaq) notifying the Company that, as a result of the Debtors' commencement of the Chapter 11 Cases under Chapter 11 of the Bankruptcy Code and, in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq has determined that trading of the Company's Class A common stock will be suspended from Nasdaq at the opening of business on May 26, 2026, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will become effective 10 days after such filing and will remove the Company's Class A common stock from listing and registration on Nasdaq. Nasdaq also based its determination on the fact that the Company has failed to timely file its Form 10-Q for the period ended March 31, 2026, as required by Nasdaq Listing Rule 5250(c). The Company does not intend to appeal Nasdaq's determination.공시 • May 19Bitcoin Depot Inc. Filed for BankruptcyBitcoin Depot Inc., along with its 16 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on May 18, 2026. The debtor listed both its assets and liabilities in the range of $10 million to $50 million. The debtor is represented by Paul E Heath of Vinson & Elkins as its legal counsel. Triple P TRS, LLC and Triple P Securities, LLC has been appointed as financial advisors and Kroll Restructuring Administration LLC is acting as notice, claims, and solicitation agent to the debtor.공시 • May 13Bitcoin Depot Inc. announced delayed 10-Q filingOn 05/12/2026, Bitcoin Depot Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Apr 14Bitcoin Depot Inc. Appoints Tony Gagliardi as Chief Compliance Officer, Effective April 8, 2026Bitcoin Depot Inc. announced the appointment of Tony Gagliardi as Chief Compliance Officer, effective April 8, 2026. In this role, Gagliardi will manage all aspects of Bitcoin Depot’s compliance program, overseeing the continued evolution of the Company’s compliance framework as regulatory expectations and state and federal requirements continue to develop. He will oversee the company’s anti-money laundering (AML) and Know-Your-Customer programs, licensing and state-by-state regulatory compliance strategies, transaction monitoring, risk management, and the advancement of Bitcoin Depot’s consumer protection initiatives. Gagliardi will report directly to CEO Alex Holmes. Gagliardi brings more than 15 years of experience building and leading compliance programs across banking, payments, fintech, and regulated digital assets. He has led global AML, fraud, and sanctions programs across both traditional finance and digital asset organizations and has navigated more than 12 major regulatory remediations. Prior to joining Bitcoin Depot, he held senior global compliance roles at leading regulated cryptocurrency firms, serving as Global Head of Sanctions at OKX, Director of Compliance Oversight at Paxos, and Global Head of Financial Crimes Compliance Governance at Coinbase. He brings additional experience from global financial institutions including HSBC and Standard Chartered.공시 • Mar 24+ 1 more updateBitcoin Depot Inc. Announces Chief Executive Officer Changes, Effective March 24, 2026Bitcoin Depot Inc. announced that Scott Buchanan has decided to step down as Chief Executive Officer, effective March 24, 2026, to pursue a new opportunity outside of the Company. Effective March 24, 2026, Alex Holmes has been appointed Chief Executive Officer. Holmes brings decades of executive leadership in global payments and fintech, most recently serving as Chairman and CEO of MoneyGram International, where he led the company's transformation into a modern global fintech operating across more than 200 countries. The board is confident in his ability to lead Bitcoin Depot through its next phase of growth. Over a sixteen-year tenure at MoneyGram International, Holmes held executive roles as CFO and COO before serving as Chairman and CEO from 2016 to 2024, where he led the company's transformation, earning a reputation for operational excellence, rigorous risk management, and global regulatory compliance expertise. Holmes most recently served as Executive Vice Chairman of United Texas Bank, a leader in correspondent banking and U.S. dollar clearing for crypto-focused institutions, where he also serves on the Board Risk Committee.공시 • Mar 18Bitcoin Depot Inc. announced delayed annual 10-K filingOn 03/17/2026, Bitcoin Depot Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.Reported Earnings • Mar 17Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$0.81 loss per share (improved from US$4.99 loss in FY 2024). Revenue: US$614.9m (up 7.2% from FY 2024). Net loss: US$5.77m (loss narrowed 51% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.공시 • Mar 10+ 1 more updateBitcoin Depot Launches ReadyBucks Business Advance PlatformBitcoin Depot announced the launch of ReadyBucks, a business advance platform designed to provide working capital solutions to small businesses, gig workers and independent contractors. ReadyBucks operates as a standalone product, independent of the Company’s bitcoin kiosk business. It is an online platform offering business advances ranging from $500 to $2,000 as part of its initial rollout across select states. According to Statista projections, an estimated 86.5 million Americans, more than half of the U.S. workforce, are expected to be freelancing by 2027, highlighting the sustained growth of the independent workforce that ReadyBucks aims to serve. Bitcoin Depot’s experience operating a large-scale transaction network, managing compliance programs, and overseeing payment processing capabilities create operational synergies that position the Company to support and scale this new product line effectively. The platform provides revenue-based funding structured to support independent earners whose income may vary week-to-week, including gig workers, contractors, self-employed individuals, and freelancers. The funding is intended to support business operations and short-term working capital needs. Rather than borrowing funds through a traditional loan or performing a credit pull, customers enter a revenue-based funding arrangement, selling a fixed portion of future business revenue in exchange for immediate capital, with repayments over a fixed term. ReadyBucks is currently available in nine states, with Bitcoin Depot planning to evaluate expansion into additional states over time. The launch builds on the company’s recent acquisitions of the peer-to-peer social betting platform Kutt, marking its first entry into the peer-to-peer betting market, as well as regional crypto kiosk operator Instant Coin Bank.공시 • Mar 02Bitcoin Depot Inc. (NasdaqCM:BTM) acquired Kutt, Inc.Bitcoin Depot Inc. (NasdaqCM:BTM) acquired Kutt, Inc. on March 2, 2026. Kutt will continue to operate under its existing brand, with its leadership team remaining in place following the acquisition. Bitcoin Depot Inc. (NasdaqCM:BTM) completed the acquisition of Kutt, Inc. on March 2, 2026.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$5.37, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Commercial Services industry in the US. Total loss to shareholders of 93% over the past three years.분석 기사 • Feb 03Benign Growth For Bitcoin Depot Inc. (NASDAQ:BTM) Underpins Stock's 30% PlummetUnfortunately for some shareholders, the Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has dived 30% in the last thirty...Valuation Update With 7 Day Price Move • Jan 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$1.10, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Commercial Services industry in the US. Total loss to shareholders of 89% over the past three years.분석 기사 • Jan 23Is Now An Opportune Moment To Examine Bitcoin Depot Inc. (NASDAQ:BTM)?Bitcoin Depot Inc. ( NASDAQ:BTM ), is not the largest company out there, but it received a lot of attention from a...Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$1.32, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Commercial Services industry in the US. Total loss to shareholders of 87% over the past three years.New Risk • Dec 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 70% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (US$96.9m market cap).분석 기사 • Nov 28Bitcoin Depot Inc.'s (NASDAQ:BTM) 46% Dip In Price Shows Sentiment Is Matching RevenuesUnfortunately for some shareholders, the Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has dived 46% in the last thirty...공시 • Nov 26Bitcoin Depot Inc., Annual General Meeting, Dec 12, 2025Bitcoin Depot Inc., Annual General Meeting, Dec 12, 2025.공시 • Nov 21+ 1 more updateBitcoin Depot Inc. Appoints Elizabeth Simer as Chief Operating OfficerBitcoin Depot Inc. announced that as part of the transition, the company has also appointed Elizabeth Simer as Chief Operating Officer. Simer brings over 15 years of experience in operational, financial, and strategic leadership, including senior roles at Slickdeals, Square, Intuit, and Opportunity Financial. Previously, Simer held various product, marketing, and strategy positions at multiple Fortune 500 companies. In her new role, she will oversee kiosk footprint expansion, product development, and operational scaling initiatives.Seeking Alpha • Nov 21Bitcoin Depot: Stellar Q3, But Soft Near-Term Outlook Dampens MomentumSummary Bitcoin Depot shares have dropped ~70% from June’s yearly high, trading at historically low P/S and forward P/E multiples for a crypto stock. Q3 revenue grew 20% YoY to $162.5 million, with gross margin improving 250 bps to 17.4%, showing operational leverage on higher transaction volumes. Management highlighted regulatory headwinds, including KYC mandates and transaction caps, but sees compliance as a competitive advantage over smaller operators. Despite softer near-term guidance for Q4 and seasonal weakness, operational growth, strategic acquisitions, and a strong liquidity position Bitcoin Depot well for 2026. Read the full article on Seeking Alpha분석 기사 • Nov 20We Think Bitcoin Depot's (NASDAQ:BTM) Profit Is Only A Baseline For What They Can AchieveEven though Bitcoin Depot Inc. ( NASDAQ:BTM ) posted strong earnings, investors appeared to be underwhelmed. We have...New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding).Reported Earnings • Nov 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.082 (up from US$0.045 loss in 3Q 2024). Revenue: US$162.5m (up 20% from 3Q 2024). Net income: US$5.54m (up US$6.48m from 3Q 2024). Profit margin: 3.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is expected to decline by 3.6% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%.Price Target Changed • Nov 14Price target decreased by 8.5% to US$6.75Down from US$7.38, the current price target is an average from 4 analysts. New target price is 231% above last closing price of US$2.04. Stock is up 2.0% over the past year. The company is forecast to post earnings per share of US$0.44 next year compared to a net loss per share of US$0.71 last year.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to US$2.07, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 16x in the Commercial Services industry in the US. Total loss to shareholders of 79% over the past three years.공시 • Nov 13Bitcoin Depot Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Bitcoin Depot Inc. provided earnings guidance for the fourth quarter of 2025. The Company expects revenue in the fourth quarter of 2025 to be approximately $112 million to $115 million. This estimate reflects the impact of typical seasonality, recently enacted state regulations and, to a lesser extent, enhanced compliance standards. While these factors are expected to weigh modestly on near-term results, the company believe they reinforce the integrity and sustainability of business over the long term.Recent Insider Transactions Derivative • Nov 07Chairman & CEO exercised options and sold US$914k worth of stockOn the 5th of November, Brandon Mintz exercised options to acquire 350k shares at no cost and sold these for an average price of US$2.61 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 37.85m. Company insiders have collectively sold US$12m more than they bought, via options and on-market transactions in the last 12 months.공시 • Oct 31Bitcoin Depot Inc. to Report Q3, 2025 Results on Nov 13, 2025Bitcoin Depot Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025분석 기사 • Oct 14Investors Give Bitcoin Depot Inc. (NASDAQ:BTM) Shares A 28% HidingTo the annoyance of some shareholders, Bitcoin Depot Inc. ( NASDAQ:BTM ) shares are down a considerable 28% in the last...Buy Or Sell Opportunity • Oct 07Now 35% undervalued after recent price dropOver the last 90 days, the stock has fallen 38% to US$3.52. The fair value is estimated to be US$5.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 7.3% in a year. Earnings are forecast to grow by 595% in the next year.공시 • Oct 07+ 1 more updateBitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $15.000006 million.Bitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $15.000006 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 4,285,716 Price\Range: $3.5 Discount Per Security: $0.21 Transaction Features: Registered Direct OfferingRecent Insider Transactions Derivative • Oct 06Chairman & CEO exercised options and sold US$3.3m worth of stockOn the 3rd of October, Brandon Mintz exercised options to acquire 843k shares at no cost and sold these for an average price of US$3.87 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 81.13m. Company insiders have collectively sold US$4.8m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Oct 02Price target increased by 7.1% to US$7.50Up from US$7.00, the current price target is an average from 4 analysts. New target price is 96% above last closing price of US$3.83. Stock is up 161% over the past year. The company is forecast to post earnings per share of US$0.59 next year compared to a net loss per share of US$0.71 last year.공시 • Oct 01Bitcoin Depot Inc. Provides Earnings Guidance for the Third Quarter Ended September 30, 2025Bitcoin Depot Inc. provided earnings guidance for the third quarter ended September 30, 2025. For the quarter, the company expected revenue to be approximately $160 million, representing an 18% increase compared to the $135.3 million reported in the third quarter of 2024.Recent Insider Transactions Derivative • Sep 24Chairman & CEO exercised options and sold US$850k worth of stockOn the 22nd of September, Brandon Mintz exercised options to acquire 226k shares at no cost and sold these for an average price of US$3.76 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 41.01m. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Sep 12Chairman & CEO exercised options and sold US$688k worth of stockOn the 9th of September, Brandon Mintz exercised options to acquire 188k shares at no cost and sold these for an average price of US$3.66 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 41.34m. This was the only transaction from an insider over the last 12 months.분석 기사 • Aug 27Positive Sentiment Still Eludes Bitcoin Depot Inc. (NASDAQ:BTM) Following 28% Share Price SlumpThe Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has softened a substantial 28% over the previous 30 days, handing...공시 • Aug 27Bitcoin Depot Inc. Appoints Alex Holmes to Its Board of Directors and Audit Committee, Effective August 20, 2025Bitcoin Depot Inc. announced appointment of Alex Holmes to its Board of Directors and Audit Committee, effective August 20, 2025. Holmes is a globally recognized leader in payments, compliance, and blockchain innovation, with more than 25 years of experience guiding financial services companies through transformation, regulatory complexity, and global expansion. As a member of Bitcoin Depot’s Board and Audit Committee, Holmes will provide strategic guidance as the crypto industry continues to rapidly evolve. Holmes currently serves as Executive Vice Chairman of United Texas Bank, a strategic advisor to several Web3 ventures including Orobit Inc., and a board member of Jingle Pay /Acamas Group in Dubai. He previously spent nearly two decades at MoneyGram International, where he served as Chairman and CEO from 2016-2025. During his tenure, Holmes led MoneyGram’s transformation into a global fintech powerhouse, expanding digital adoption, modernizing compliance infrastructure, and pioneering cross-border blockchain integration initiatives. Under his leadership, MoneyGram earned recognition as one of the Best Places to Work, Most Trustworthy Companies in America, and a Top Workplace (2022–2025). He also oversaw the company’s $2 billion acquisition by Madison Dearborn Partners in 2023.New Risk • Aug 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 85% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).분석 기사 • Aug 14Are Investors Undervaluing Bitcoin Depot Inc. (NASDAQ:BTM) By 45%?NasdaqCM:BTM 1 Year Share Price vs Fair Value Explore Bitcoin Depot's Fair Values from the Community and select yours...Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.16 (up from US$0.14 in 2Q 2024). Revenue: US$172.1m (up 5.5% from 2Q 2024). Net income: US$6.07m (up 115% from 2Q 2024). Profit margin: 3.5% (up from 1.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Commercial Services industry in the US.공시 • Aug 12Bitcoin Depot Inc. Provides Earnings Guidance for the Third Quarter of 2025Bitcoin Depot Inc. provided earnings guidance for the third quarter of 2025. For the quarter, the company expects revenue to grow high-single digits on a percentage basis from the third quarter of 2024.공시 • Jul 30Bitcoin Depot Inc. to Report Q2, 2025 Results on Aug 12, 2025Bitcoin Depot Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025공시 • Jul 21Bitcoin Depot Inc. Appoints Philip Brown as Chief Compliance OfficerBitcoin Depot Inc. announced the appointment of Philip Brown as Chief Compliance Officer. With extensive experience in global compliance frameworks and financial services, Brown will oversee Bitcoin Depot’s compliance strategy as the Company continues its rapid expansion across the U.S. and internationally. In this role, Brown will manage all aspects of Bitcoin Depot’s compliance program, including its Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, transaction monitoring, and state-by-state compliance strategies. He will also lead the Company’s regulatory engagement efforts and ensure that its compliance infrastructure scales alongside its growing footprint. Among his top priorities will be to enhance Bitcoin Depot’s regulatory posture to support national and international growth, build scalable compliance systems that can quickly adapt to evolving regulations, and strengthen internal controls for improved oversight and audit readiness. He is also committed to proactively engaging with regulators to ensure Bitcoin Depot remains a leader in compliance within the rapidly growing crypto industry. Before joining Bitcoin Depot, Brown served as Banxa’s director of compliance and chief compliance officer for North America, where he played a pivotal role in building and operationalizing its global compliance framework and navigating complex virtual asset regulations in both emerging and established markets. As chief compliance officer at Alliance Trust, he gained deep insights into traditional financial services compliance, particularly around fiduciary obligations and risk management.New Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$4.6m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).분석 기사 • Jul 05Bitcoin Depot Inc. (NASDAQ:BTM) Shares Fly 36% But Investors Aren't Buying For GrowthBitcoin Depot Inc. ( NASDAQ:BTM ) shares have continued their recent momentum with a 36% gain in the last month alone...New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 69% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$4.6m). Earnings have declined by 69% per year over the past 5 years.New Risk • Jun 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$4.6m).Price Target Changed • Jun 12Price target increased by 11% to US$6.50Up from US$5.88, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$6.25. Stock is up 226% over the past year. The company is forecast to post earnings per share of US$0.45 next year compared to a net loss per share of US$0.71 last year.Price Target Changed • Jun 09Price target increased by 8.9% to US$6.13Up from US$5.63, the current price target is an average from 4 analysts. New target price is 6.3% above last closing price of US$5.76. Stock is up 200% over the past year. The company is forecast to post earnings per share of US$0.45 next year compared to a net loss per share of US$0.71 last year.분석 기사 • May 20Bitcoin Depot Inc. (NASDAQ:BTM) Stock Catapults 113% Though Its Price And Business Still Lag The IndustryThe Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has done very well over the last month, posting an excellent gain of...분석 기사 • May 18Bitcoin Depot Inc. Just Beat EPS By 116%: Here's What Analysts Think Will Happen NextBitcoin Depot Inc. ( NASDAQ:BTM ) defied analyst predictions to release its quarterly results, which were ahead of...Price Target Changed • May 16Price target increased by 15% to US$5.38Up from US$4.69, the current price target is an average from 4 analysts. New target price is 101% above last closing price of US$2.68. Stock is up 41% over the past year. The company is forecast to post earnings per share of US$0.45 next year compared to a net loss per share of US$0.71 last year.New Risk • May 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$4.6m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Reported Earnings • May 15First quarter 2025 earnings released: EPS: US$0.20 (vs US$0.42 loss in 1Q 2024)First quarter 2025 results: EPS: US$0.20 (up from US$0.42 loss in 1Q 2024). Revenue: US$164.2m (up 19% from 1Q 2024). Net income: US$4.19m (up US$11.1m from 1Q 2024). Profit margin: 2.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.공시 • May 15Bitcoin Depot Inc. Provides Revenue Guidance for the Second Quarter of 2025Bitcoin Depot Inc. provided revenue guidance for the second quarter of 2025. For the quarter, the company expects revenue to grow low-to-mid-single digits on a percentage basis from the second quarter of 2024.공시 • May 01Bitcoin Depot Inc. to Report Q1, 2025 Results on May 15, 2025Bitcoin Depot Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025공시 • Mar 24Bitcoin Depot Appoints David Gray as Chief Financial OfficerBitcoin Depot announced that David Gray has been appointed Chief Financial Officer (CFO), effective immediately. Gray brings over 20 years of financial leadership experience, with a proven track record of success in driving business transformation, optimizing financial performance, leading high-value mergers and acquisitions, and advising on the impacts of complex strategic initiatives. As CFO, Gray will oversee Bitcoin Depot’s financial strategy, treasury, and corporate development, ensuring the company remains well-positioned for continued growth amid an evolving cryptocurrency landscape. Gray joins Bitcoin Depot from Aviat Networks, where he served as CFO and helped lead the company’s growth from $275 million to nearly $500 million in revenue through strategic acquisitions and financial transformation initiatives. Previously, he held CFO and senior finance leadership roles at Superior Essex, Eaton Corporation, and Newell Brands. Gray holds a B.S. in Accounting from Penn State University and is a Certified Management Accountant (CMA) and a Certified Public Accountant (CPA).Reported Earnings • Mar 19Full year 2024 earnings released: US$0.58 loss per share (vs US$1.57 loss in FY 2023)Full year 2024 results: US$0.58 loss per share (improved from US$1.57 loss in FY 2023). Revenue: US$573.7m (down 17% from FY 2023). Net loss: US$11.7m (loss narrowed 55% from FY 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Commercial Services industry in the US.공시 • Mar 18Bitcoin Depot Inc. Provides Revenue Guidance for First Quarter of 2025Bitcoin Depot Inc. provided revenue guidance for first quarter of 2025. The company anticipates first quarter of revenues to be between $151 million and $154 million which would represent growth of between 9% and 11% compared to first quarter of 2024.공시 • Mar 14Bitcoin Depot Inc. Appoints Chris Ryan as Chief Legal OfficerBitcoin Depot announced that Chris Ryan has been appointed Chief Legal Officer. With a strong background in financial services, cryptocurrency, and regulatory compliance, Ryan will be instrumental in guiding the company’s legal operations as it continues expanding access to Bitcoin. As Chief Legal Officer, Ryan will lead Bitcoin Depot’s legal and compliance strategy, advising the executive team on governance, risk management, and regulatory matters. He will also oversee partnerships, legal operations, and policy initiatives to support the company’s continued expansion. Before joining Bitcoin Depot, Ryan served as Deputy General Counsel at MoneyGram International, where he led global legal teams working on cryptocurrency initiatives, regulatory strategy, and commercial partnerships across North America, Latin America, Europe, and Africa. With over a decade of experience, he has negotiated high-profile fintech deals, advised on blockchain product strategies, and developed compliance frameworks for digital assets and payments. He has also worked closely with policymakers on evolving cryptocurrency regulations and overseen key areas like AML, KYC, and financial compliance. His expert understanding of risk management, corporate transactions, and regulatory affairs will be key as Bitcoin Depot continues to strengthen its position as the largest Bitcoin ATM operator in the U.S. Ryan holds a J.D. from the Florida Coastal School of Law and a B.S. in Political Science from the University of Dayton.공시 • Mar 04Bitcoin Depot Inc. to Report Q4, 2024 Results on Mar 18, 2025Bitcoin Depot Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 18, 2025공시 • Jan 21Bitcoin Depot Inc. Provides Preliminary Unaudited Earnings Guidance for the Fourth Quarter Ended December 31, 2024Bitcoin Depot Inc. provided preliminary unaudited earnings guidance for the fourth quarter ended December 31, 2024. For the quarter, the company expects revenue to be in the range between $135 million and $137 million, compared to $135.3 million reported in the third quarter of 2024 and $148.4 million reported in the fourth quarter of 2023.New Risk • Dec 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$7.9m). Minor Risks Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (US$95.5m market cap).공시 • Dec 14Bitcoin Depot Inc. Announces Tim Vanderham Step Down from Board and Member of Audit CommitteeOn December 9, 2024, Tim Vanderham informed the Board of Directors (the Board") of Bitcoin Depot Inc. (the Company") of his intention to step down from the Board of the Company, with a specific effective date to be determined but anticipated by Mr. Vanderham to be in the first quarter of 2025. Mr. Vanderham will also step as a member of the Board's Audit Committee at the same time. Given that Mr. Vanderham will remain on the Board until a later date in 2025, he will continue to stand for reelection at the Company's upcoming Annual Meeting of Stockholders (the Annual Meeting") to be held on December 19, 2024, as originally contemplated in the Company's definitive proxy statement filed with the Securities and Exchange Commission (the SEC") on November 7, 2024.New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$7.9m). Minor Risk Shareholders have been diluted in the past year (3.4% increase in shares outstanding).공시 • Nov 22Bitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $13 million.Bitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $13 million. Security Name: Class A Common Stock Security Type: Common Stock Transaction Features: At the Market OfferingSeeking Alpha • Nov 19Bitcoin Depot: Recent Surge Is Tied To Bitcoin's Sympathy PlaySummary Bitcoin Depot's aggressive BTM expansion hasn't translated to increased value, facing regulatory challenges and declining revenues, raising concerns about long-term viability. New legislation imposing transaction limits and markup caps in several states has significantly impacted Bitcoin Depot's operational environment. The CEO's optimism about future growth contrasts with ongoing operational challenges and risks from potential further regulatory actions. The proposed dividend strategy is questionable, given BTM's declining revenues, negative equity, and the typical volatility in the cryptocurrency industry. Read the full article on Seeking AlphaReported Earnings • Nov 15Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: US$0.053 loss per share (improved from US$0.43 loss in 3Q 2023). Revenue: US$135.3m (down 25% from 3Q 2023). Net loss: US$939.0k (loss narrowed 87% from 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Commercial Services industry in the US.Board Change • Nov 15High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Dan Gardner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Nov 08Bitcoin Depot Inc., Annual General Meeting, Dec 19, 2024Bitcoin Depot Inc., Annual General Meeting, Dec 19, 2024.공시 • Oct 31Bitcoin Depot Inc. to Report Q3, 2024 Results on Nov 13, 2024Bitcoin Depot Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 13, 2024공시 • Aug 16Bitcoin Depot Inc. announced delayed 10-Q filingOn 08/15/2024, Bitcoin Depot Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: US$0.66 (vs US$1.02 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.66 (up from US$1.02 loss in 2Q 2023). Revenue: US$163.1m (down 17% from 2Q 2023). Net income: US$11.3m (up US$28.2m from 2Q 2023). Profit margin: 6.9% (up from net loss in 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.공시 • Jul 31Bitcoin Depot Inc. to Report Q2, 2024 Results on Aug 13, 2024Bitcoin Depot Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 13, 2024Recent Insider Transactions • Jul 07Chairman of the Board recently sold US$85k worth of stockOn the 3rd of July, Brandon Mintz sold around 50k shares on-market at roughly US$1.70 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brandon has been a net seller over the last 12 months, reducing personal holdings by US$173k.Board Change • Jul 01High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Dan Gardner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • May 08Bitcoin Depot Inc. to Report Q1, 2024 Results on May 14, 2024Bitcoin Depot Inc. announced that they will report Q1, 2024 results Pre-Market on May 14, 2024공시 • Apr 27Bitcoin Depot Inc. announced that it has received funding from Sopris Capital Associates, LLCBitcoin Depot Inc. announced a private placement of 2,906,976 class A common shares on April 25, 2024. The transaction included participation from new investor Sopris Capital Associates, LLC.공시 • Apr 02Bitcoin Depot Inc. announced delayed annual 10-K filingOn 04/01/2024, Bitcoin Depot Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.Price Target Changed • Mar 26Price target decreased by 24% to US$4.63Down from US$6.13, the current price target is an average from 4 analysts. New target price is 112% above last closing price of US$2.18. Stock is down 79% over the past year. The company is forecast to post earnings per share of US$0.23 next year compared to a net loss per share of US$0.87 last year.Reported Earnings • Mar 25Full year 2023 earnings releasedFull year 2023 results: US$0.87 loss per share. Revenue: US$689.0m (up 6.5% from FY 2022). Net loss: US$11.5m (down 390% from profit in FY 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.공시 • Mar 12Bitcoin Depot Inc. to Report Q4, 2023 Results on Mar 25, 2024Bitcoin Depot Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 25, 2024New Risk • Mar 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$31.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (US$31.8m market cap).분석 기사 • Feb 29Is Bitcoin Depot (NASDAQ:BTM) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Feb 10Bitcoin Depot Inc. Announces Jackie Marks to Step Down from the Board, Member of Audit Committee and the Audit Committee Chair, Effective on July 1, 2024On February 5, 2024, Jackie Marks informed the Board of Directors of Bitcoin Depot Inc. of her intention to step down from the Board of the Company, effective on July 1, 2024. Ms. Marks will also step down as a member of the Board’s Audit Committee and the Audit Committee Chair at the same time. The Board intends on replacing Ms. Marks by appointing a new director upon her resignation. The Board will also appoint a new or existing Director to replace Ms. Marks as the Chair of the Audit Committee.New Risk • Jan 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$29.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Significant insider selling over the past 3 months (US$150k sold). Market cap is less than US$100m (US$29.8m market cap).공시 • Jan 18Bitcoin Depot to Deploy 940 Bitcoin ATMs at a National Convenience Store RetailerBitcoin Depot Inc. announced the launch of its retail partnership with a leading national convenience retailer with an extensive international network of locations across a portfolio of many brands. Beginning in first quarter of 2024, the Company will install roughly 940 Bitcoin Depot kiosks in convenience store locations across 24 states. The initial rollout is part of a larger initiative with the opportunity to grow into additional stores beyond the initial 940. Bitcoin Depot’s products and services provide an intuitive, quick, and convenient process for converting cash into Bitcoin, giving users the ability to access the broader digital financial system by conveniently purchasing Bitcoin at Bitcoin ATMs in 48 states. In addition to Bitcoin ATMs, Bitcoin Depot also has BDCheckout enabled for customers to fund their wallets with cash at participating retail locations in 28 states across the nation.New Risk • Dec 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 45% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (45% increase in shares outstanding). Significant insider selling over the past 3 months (US$150k sold).New Risk • Dec 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$39.0m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (US$150k sold). Market cap is less than US$100m (US$39.0m market cap).Recent Insider Transactions • Nov 24Chairman of the Board recently sold US$88k worth of stockOn the 17th of November, Brandon Mintz sold around 40k shares on-market at roughly US$2.20 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Brandon's only on-market trade for the last 12 months.Reported Earnings • Nov 15Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$0.43 loss per share. Revenue: US$179.5m (up 2.7% from 3Q 2022). Net loss: US$7.10m (down 289% from profit in 3Q 2022). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Commercial Services industry in the US.Board Change • Nov 15High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Dan Gardner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.매출 및 비용 세부 내역Bitcoin Depot가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:BTM 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Dec 25615-6103030 Sep 25636997030 Jun 25608395031 Mar 25599-695031 Dec 24574-1295030 Sep 24585-1395030 Jun 24629-1995031 Mar 24664-2795031 Dec 23689-2692030 Sep 23690-1889030 Jun 23686-886031 Mar 23656779031 Dec 22647477030 Sep 22649168030 Jun 22623154031 Mar 22580042031 Dec 21549629031 Dec 2024514140양질의 수익: BTM 은(는) 현재 수익성이 없습니다.이익 마진 증가: BTM는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: BTM은 수익성이 없으며 지난 5년 동안 손실이 연평균 32.4% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 BTM의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: BTM은 수익성이 없어 지난 해 수익 성장률을 Commercial Services 업계(7.2%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: BTM는 현재 수익성이 없으므로 자본 수익률이 음수(41.25%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCommercial-services 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/27 05:56종가2026/05/26 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Bitcoin Depot Inc.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Harold GoetschB. Riley Securities, Inc.Michael ColonneseH.C. Wainwright & Co.Patrick McCannNOBLE Capital Markets, Inc.
Reported Earnings • Mar 17Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$0.81 loss per share (improved from US$4.99 loss in FY 2024). Revenue: US$614.9m (up 7.2% from FY 2024). Net loss: US$5.77m (loss narrowed 51% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 20We Think Bitcoin Depot's (NASDAQ:BTM) Profit Is Only A Baseline For What They Can AchieveEven though Bitcoin Depot Inc. ( NASDAQ:BTM ) posted strong earnings, investors appeared to be underwhelmed. We have...
Reported Earnings • Nov 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.082 (up from US$0.045 loss in 3Q 2024). Revenue: US$162.5m (up 20% from 3Q 2024). Net income: US$5.54m (up US$6.48m from 3Q 2024). Profit margin: 3.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is expected to decline by 3.6% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%.
공시 • Oct 31Bitcoin Depot Inc. to Report Q3, 2025 Results on Nov 13, 2025Bitcoin Depot Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025
Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.16 (up from US$0.14 in 2Q 2024). Revenue: US$172.1m (up 5.5% from 2Q 2024). Net income: US$6.07m (up 115% from 2Q 2024). Profit margin: 3.5% (up from 1.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Commercial Services industry in the US.
공시 • Jul 30Bitcoin Depot Inc. to Report Q2, 2025 Results on Aug 12, 2025Bitcoin Depot Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025
공시 • May 20Bitcoin Depot Inc. Receives Notice of Chapter 11 Bankruptcy Filing and Nasdaq Delisting NotificationAs previously disclosed, on May 17, 2026, Bitcoin Depot Inc. (the Company), BCD Merger Sub LLC, BitAccess Inc., Bitcoin Depot Operating LLC, BT HoldCo LLC, BTM International Holdings 1 LLC, BTM International Holdings II LLC, Cash Ramp LLC, Digital Gold Ventures Inc., Express Vending Inc., Intuitive Software LLC, Kiosk HoldCo LLC, Kiosk Technicians, LLC, Kutt Inc., Lux Vending Kiosk, LLC, MCA Services Group, LLC, and Mintz Assets Inc. (together with the Company, the Debtors) each filed voluntary petitions for relief (the Chapter 11 Cases) under chapter 11 (Chapter 11) of title 11 of the United States Code (the Bankruptcy Code) in the United States Bankruptcy Court for the Southern District of Texas. On May 18, 2026, the Company received a letter from the Listing Qualifications Department staff of the Nasdaq Stock Market LLC (Nasdaq) notifying the Company that, as a result of the Debtors' commencement of the Chapter 11 Cases under Chapter 11 of the Bankruptcy Code and, in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq has determined that trading of the Company's Class A common stock will be suspended from Nasdaq at the opening of business on May 26, 2026, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will become effective 10 days after such filing and will remove the Company's Class A common stock from listing and registration on Nasdaq. Nasdaq also based its determination on the fact that the Company has failed to timely file its Form 10-Q for the period ended March 31, 2026, as required by Nasdaq Listing Rule 5250(c). The Company does not intend to appeal Nasdaq's determination.
공시 • May 19Bitcoin Depot Inc. Filed for BankruptcyBitcoin Depot Inc., along with its 16 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on May 18, 2026. The debtor listed both its assets and liabilities in the range of $10 million to $50 million. The debtor is represented by Paul E Heath of Vinson & Elkins as its legal counsel. Triple P TRS, LLC and Triple P Securities, LLC has been appointed as financial advisors and Kroll Restructuring Administration LLC is acting as notice, claims, and solicitation agent to the debtor.
공시 • May 13Bitcoin Depot Inc. announced delayed 10-Q filingOn 05/12/2026, Bitcoin Depot Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Apr 14Bitcoin Depot Inc. Appoints Tony Gagliardi as Chief Compliance Officer, Effective April 8, 2026Bitcoin Depot Inc. announced the appointment of Tony Gagliardi as Chief Compliance Officer, effective April 8, 2026. In this role, Gagliardi will manage all aspects of Bitcoin Depot’s compliance program, overseeing the continued evolution of the Company’s compliance framework as regulatory expectations and state and federal requirements continue to develop. He will oversee the company’s anti-money laundering (AML) and Know-Your-Customer programs, licensing and state-by-state regulatory compliance strategies, transaction monitoring, risk management, and the advancement of Bitcoin Depot’s consumer protection initiatives. Gagliardi will report directly to CEO Alex Holmes. Gagliardi brings more than 15 years of experience building and leading compliance programs across banking, payments, fintech, and regulated digital assets. He has led global AML, fraud, and sanctions programs across both traditional finance and digital asset organizations and has navigated more than 12 major regulatory remediations. Prior to joining Bitcoin Depot, he held senior global compliance roles at leading regulated cryptocurrency firms, serving as Global Head of Sanctions at OKX, Director of Compliance Oversight at Paxos, and Global Head of Financial Crimes Compliance Governance at Coinbase. He brings additional experience from global financial institutions including HSBC and Standard Chartered.
공시 • Mar 24+ 1 more updateBitcoin Depot Inc. Announces Chief Executive Officer Changes, Effective March 24, 2026Bitcoin Depot Inc. announced that Scott Buchanan has decided to step down as Chief Executive Officer, effective March 24, 2026, to pursue a new opportunity outside of the Company. Effective March 24, 2026, Alex Holmes has been appointed Chief Executive Officer. Holmes brings decades of executive leadership in global payments and fintech, most recently serving as Chairman and CEO of MoneyGram International, where he led the company's transformation into a modern global fintech operating across more than 200 countries. The board is confident in his ability to lead Bitcoin Depot through its next phase of growth. Over a sixteen-year tenure at MoneyGram International, Holmes held executive roles as CFO and COO before serving as Chairman and CEO from 2016 to 2024, where he led the company's transformation, earning a reputation for operational excellence, rigorous risk management, and global regulatory compliance expertise. Holmes most recently served as Executive Vice Chairman of United Texas Bank, a leader in correspondent banking and U.S. dollar clearing for crypto-focused institutions, where he also serves on the Board Risk Committee.
공시 • Mar 18Bitcoin Depot Inc. announced delayed annual 10-K filingOn 03/17/2026, Bitcoin Depot Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Reported Earnings • Mar 17Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$0.81 loss per share (improved from US$4.99 loss in FY 2024). Revenue: US$614.9m (up 7.2% from FY 2024). Net loss: US$5.77m (loss narrowed 51% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.
공시 • Mar 10+ 1 more updateBitcoin Depot Launches ReadyBucks Business Advance PlatformBitcoin Depot announced the launch of ReadyBucks, a business advance platform designed to provide working capital solutions to small businesses, gig workers and independent contractors. ReadyBucks operates as a standalone product, independent of the Company’s bitcoin kiosk business. It is an online platform offering business advances ranging from $500 to $2,000 as part of its initial rollout across select states. According to Statista projections, an estimated 86.5 million Americans, more than half of the U.S. workforce, are expected to be freelancing by 2027, highlighting the sustained growth of the independent workforce that ReadyBucks aims to serve. Bitcoin Depot’s experience operating a large-scale transaction network, managing compliance programs, and overseeing payment processing capabilities create operational synergies that position the Company to support and scale this new product line effectively. The platform provides revenue-based funding structured to support independent earners whose income may vary week-to-week, including gig workers, contractors, self-employed individuals, and freelancers. The funding is intended to support business operations and short-term working capital needs. Rather than borrowing funds through a traditional loan or performing a credit pull, customers enter a revenue-based funding arrangement, selling a fixed portion of future business revenue in exchange for immediate capital, with repayments over a fixed term. ReadyBucks is currently available in nine states, with Bitcoin Depot planning to evaluate expansion into additional states over time. The launch builds on the company’s recent acquisitions of the peer-to-peer social betting platform Kutt, marking its first entry into the peer-to-peer betting market, as well as regional crypto kiosk operator Instant Coin Bank.
공시 • Mar 02Bitcoin Depot Inc. (NasdaqCM:BTM) acquired Kutt, Inc.Bitcoin Depot Inc. (NasdaqCM:BTM) acquired Kutt, Inc. on March 2, 2026. Kutt will continue to operate under its existing brand, with its leadership team remaining in place following the acquisition. Bitcoin Depot Inc. (NasdaqCM:BTM) completed the acquisition of Kutt, Inc. on March 2, 2026.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$5.37, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Commercial Services industry in the US. Total loss to shareholders of 93% over the past three years.
분석 기사 • Feb 03Benign Growth For Bitcoin Depot Inc. (NASDAQ:BTM) Underpins Stock's 30% PlummetUnfortunately for some shareholders, the Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has dived 30% in the last thirty...
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$1.10, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Commercial Services industry in the US. Total loss to shareholders of 89% over the past three years.
분석 기사 • Jan 23Is Now An Opportune Moment To Examine Bitcoin Depot Inc. (NASDAQ:BTM)?Bitcoin Depot Inc. ( NASDAQ:BTM ), is not the largest company out there, but it received a lot of attention from a...
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$1.32, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Commercial Services industry in the US. Total loss to shareholders of 87% over the past three years.
New Risk • Dec 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 70% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (US$96.9m market cap).
분석 기사 • Nov 28Bitcoin Depot Inc.'s (NASDAQ:BTM) 46% Dip In Price Shows Sentiment Is Matching RevenuesUnfortunately for some shareholders, the Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has dived 46% in the last thirty...
공시 • Nov 26Bitcoin Depot Inc., Annual General Meeting, Dec 12, 2025Bitcoin Depot Inc., Annual General Meeting, Dec 12, 2025.
공시 • Nov 21+ 1 more updateBitcoin Depot Inc. Appoints Elizabeth Simer as Chief Operating OfficerBitcoin Depot Inc. announced that as part of the transition, the company has also appointed Elizabeth Simer as Chief Operating Officer. Simer brings over 15 years of experience in operational, financial, and strategic leadership, including senior roles at Slickdeals, Square, Intuit, and Opportunity Financial. Previously, Simer held various product, marketing, and strategy positions at multiple Fortune 500 companies. In her new role, she will oversee kiosk footprint expansion, product development, and operational scaling initiatives.
Seeking Alpha • Nov 21Bitcoin Depot: Stellar Q3, But Soft Near-Term Outlook Dampens MomentumSummary Bitcoin Depot shares have dropped ~70% from June’s yearly high, trading at historically low P/S and forward P/E multiples for a crypto stock. Q3 revenue grew 20% YoY to $162.5 million, with gross margin improving 250 bps to 17.4%, showing operational leverage on higher transaction volumes. Management highlighted regulatory headwinds, including KYC mandates and transaction caps, but sees compliance as a competitive advantage over smaller operators. Despite softer near-term guidance for Q4 and seasonal weakness, operational growth, strategic acquisitions, and a strong liquidity position Bitcoin Depot well for 2026. Read the full article on Seeking Alpha
분석 기사 • Nov 20We Think Bitcoin Depot's (NASDAQ:BTM) Profit Is Only A Baseline For What They Can AchieveEven though Bitcoin Depot Inc. ( NASDAQ:BTM ) posted strong earnings, investors appeared to be underwhelmed. We have...
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding).
Reported Earnings • Nov 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.082 (up from US$0.045 loss in 3Q 2024). Revenue: US$162.5m (up 20% from 3Q 2024). Net income: US$5.54m (up US$6.48m from 3Q 2024). Profit margin: 3.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is expected to decline by 3.6% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 5.8%.
Price Target Changed • Nov 14Price target decreased by 8.5% to US$6.75Down from US$7.38, the current price target is an average from 4 analysts. New target price is 231% above last closing price of US$2.04. Stock is up 2.0% over the past year. The company is forecast to post earnings per share of US$0.44 next year compared to a net loss per share of US$0.71 last year.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to US$2.07, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 16x in the Commercial Services industry in the US. Total loss to shareholders of 79% over the past three years.
공시 • Nov 13Bitcoin Depot Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Bitcoin Depot Inc. provided earnings guidance for the fourth quarter of 2025. The Company expects revenue in the fourth quarter of 2025 to be approximately $112 million to $115 million. This estimate reflects the impact of typical seasonality, recently enacted state regulations and, to a lesser extent, enhanced compliance standards. While these factors are expected to weigh modestly on near-term results, the company believe they reinforce the integrity and sustainability of business over the long term.
Recent Insider Transactions Derivative • Nov 07Chairman & CEO exercised options and sold US$914k worth of stockOn the 5th of November, Brandon Mintz exercised options to acquire 350k shares at no cost and sold these for an average price of US$2.61 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 37.85m. Company insiders have collectively sold US$12m more than they bought, via options and on-market transactions in the last 12 months.
공시 • Oct 31Bitcoin Depot Inc. to Report Q3, 2025 Results on Nov 13, 2025Bitcoin Depot Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025
분석 기사 • Oct 14Investors Give Bitcoin Depot Inc. (NASDAQ:BTM) Shares A 28% HidingTo the annoyance of some shareholders, Bitcoin Depot Inc. ( NASDAQ:BTM ) shares are down a considerable 28% in the last...
Buy Or Sell Opportunity • Oct 07Now 35% undervalued after recent price dropOver the last 90 days, the stock has fallen 38% to US$3.52. The fair value is estimated to be US$5.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 7.3% in a year. Earnings are forecast to grow by 595% in the next year.
공시 • Oct 07+ 1 more updateBitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $15.000006 million.Bitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $15.000006 million. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 4,285,716 Price\Range: $3.5 Discount Per Security: $0.21 Transaction Features: Registered Direct Offering
Recent Insider Transactions Derivative • Oct 06Chairman & CEO exercised options and sold US$3.3m worth of stockOn the 3rd of October, Brandon Mintz exercised options to acquire 843k shares at no cost and sold these for an average price of US$3.87 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 81.13m. Company insiders have collectively sold US$4.8m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Oct 02Price target increased by 7.1% to US$7.50Up from US$7.00, the current price target is an average from 4 analysts. New target price is 96% above last closing price of US$3.83. Stock is up 161% over the past year. The company is forecast to post earnings per share of US$0.59 next year compared to a net loss per share of US$0.71 last year.
공시 • Oct 01Bitcoin Depot Inc. Provides Earnings Guidance for the Third Quarter Ended September 30, 2025Bitcoin Depot Inc. provided earnings guidance for the third quarter ended September 30, 2025. For the quarter, the company expected revenue to be approximately $160 million, representing an 18% increase compared to the $135.3 million reported in the third quarter of 2024.
Recent Insider Transactions Derivative • Sep 24Chairman & CEO exercised options and sold US$850k worth of stockOn the 22nd of September, Brandon Mintz exercised options to acquire 226k shares at no cost and sold these for an average price of US$3.76 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 41.01m. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Sep 12Chairman & CEO exercised options and sold US$688k worth of stockOn the 9th of September, Brandon Mintz exercised options to acquire 188k shares at no cost and sold these for an average price of US$3.66 per share. This trade did not impact their existing holding. For the year to December 2021, Brandon's total compensation was 59% salary and 41% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Brandon's direct individual holding has increased from 117.35k shares to 41.34m. This was the only transaction from an insider over the last 12 months.
분석 기사 • Aug 27Positive Sentiment Still Eludes Bitcoin Depot Inc. (NASDAQ:BTM) Following 28% Share Price SlumpThe Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has softened a substantial 28% over the previous 30 days, handing...
공시 • Aug 27Bitcoin Depot Inc. Appoints Alex Holmes to Its Board of Directors and Audit Committee, Effective August 20, 2025Bitcoin Depot Inc. announced appointment of Alex Holmes to its Board of Directors and Audit Committee, effective August 20, 2025. Holmes is a globally recognized leader in payments, compliance, and blockchain innovation, with more than 25 years of experience guiding financial services companies through transformation, regulatory complexity, and global expansion. As a member of Bitcoin Depot’s Board and Audit Committee, Holmes will provide strategic guidance as the crypto industry continues to rapidly evolve. Holmes currently serves as Executive Vice Chairman of United Texas Bank, a strategic advisor to several Web3 ventures including Orobit Inc., and a board member of Jingle Pay /Acamas Group in Dubai. He previously spent nearly two decades at MoneyGram International, where he served as Chairman and CEO from 2016-2025. During his tenure, Holmes led MoneyGram’s transformation into a global fintech powerhouse, expanding digital adoption, modernizing compliance infrastructure, and pioneering cross-border blockchain integration initiatives. Under his leadership, MoneyGram earned recognition as one of the Best Places to Work, Most Trustworthy Companies in America, and a Top Workplace (2022–2025). He also oversaw the company’s $2 billion acquisition by Madison Dearborn Partners in 2023.
New Risk • Aug 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 85% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).
분석 기사 • Aug 14Are Investors Undervaluing Bitcoin Depot Inc. (NASDAQ:BTM) By 45%?NasdaqCM:BTM 1 Year Share Price vs Fair Value Explore Bitcoin Depot's Fair Values from the Community and select yours...
Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.16 (up from US$0.14 in 2Q 2024). Revenue: US$172.1m (up 5.5% from 2Q 2024). Net income: US$6.07m (up 115% from 2Q 2024). Profit margin: 3.5% (up from 1.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Commercial Services industry in the US.
공시 • Aug 12Bitcoin Depot Inc. Provides Earnings Guidance for the Third Quarter of 2025Bitcoin Depot Inc. provided earnings guidance for the third quarter of 2025. For the quarter, the company expects revenue to grow high-single digits on a percentage basis from the third quarter of 2024.
공시 • Jul 30Bitcoin Depot Inc. to Report Q2, 2025 Results on Aug 12, 2025Bitcoin Depot Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025
공시 • Jul 21Bitcoin Depot Inc. Appoints Philip Brown as Chief Compliance OfficerBitcoin Depot Inc. announced the appointment of Philip Brown as Chief Compliance Officer. With extensive experience in global compliance frameworks and financial services, Brown will oversee Bitcoin Depot’s compliance strategy as the Company continues its rapid expansion across the U.S. and internationally. In this role, Brown will manage all aspects of Bitcoin Depot’s compliance program, including its Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, transaction monitoring, and state-by-state compliance strategies. He will also lead the Company’s regulatory engagement efforts and ensure that its compliance infrastructure scales alongside its growing footprint. Among his top priorities will be to enhance Bitcoin Depot’s regulatory posture to support national and international growth, build scalable compliance systems that can quickly adapt to evolving regulations, and strengthen internal controls for improved oversight and audit readiness. He is also committed to proactively engaging with regulators to ensure Bitcoin Depot remains a leader in compliance within the rapidly growing crypto industry. Before joining Bitcoin Depot, Brown served as Banxa’s director of compliance and chief compliance officer for North America, where he played a pivotal role in building and operationalizing its global compliance framework and navigating complex virtual asset regulations in both emerging and established markets. As chief compliance officer at Alliance Trust, he gained deep insights into traditional financial services compliance, particularly around fiduciary obligations and risk management.
New Risk • Jul 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$4.6m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).
분석 기사 • Jul 05Bitcoin Depot Inc. (NASDAQ:BTM) Shares Fly 36% But Investors Aren't Buying For GrowthBitcoin Depot Inc. ( NASDAQ:BTM ) shares have continued their recent momentum with a 36% gain in the last month alone...
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 69% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$4.6m). Earnings have declined by 69% per year over the past 5 years.
New Risk • Jun 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$4.6m).
Price Target Changed • Jun 12Price target increased by 11% to US$6.50Up from US$5.88, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$6.25. Stock is up 226% over the past year. The company is forecast to post earnings per share of US$0.45 next year compared to a net loss per share of US$0.71 last year.
Price Target Changed • Jun 09Price target increased by 8.9% to US$6.13Up from US$5.63, the current price target is an average from 4 analysts. New target price is 6.3% above last closing price of US$5.76. Stock is up 200% over the past year. The company is forecast to post earnings per share of US$0.45 next year compared to a net loss per share of US$0.71 last year.
분석 기사 • May 20Bitcoin Depot Inc. (NASDAQ:BTM) Stock Catapults 113% Though Its Price And Business Still Lag The IndustryThe Bitcoin Depot Inc. ( NASDAQ:BTM ) share price has done very well over the last month, posting an excellent gain of...
분석 기사 • May 18Bitcoin Depot Inc. Just Beat EPS By 116%: Here's What Analysts Think Will Happen NextBitcoin Depot Inc. ( NASDAQ:BTM ) defied analyst predictions to release its quarterly results, which were ahead of...
Price Target Changed • May 16Price target increased by 15% to US$5.38Up from US$4.69, the current price target is an average from 4 analysts. New target price is 101% above last closing price of US$2.68. Stock is up 41% over the past year. The company is forecast to post earnings per share of US$0.45 next year compared to a net loss per share of US$0.71 last year.
New Risk • May 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$4.6m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: US$0.20 (vs US$0.42 loss in 1Q 2024)First quarter 2025 results: EPS: US$0.20 (up from US$0.42 loss in 1Q 2024). Revenue: US$164.2m (up 19% from 1Q 2024). Net income: US$4.19m (up US$11.1m from 1Q 2024). Profit margin: 2.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.
공시 • May 15Bitcoin Depot Inc. Provides Revenue Guidance for the Second Quarter of 2025Bitcoin Depot Inc. provided revenue guidance for the second quarter of 2025. For the quarter, the company expects revenue to grow low-to-mid-single digits on a percentage basis from the second quarter of 2024.
공시 • May 01Bitcoin Depot Inc. to Report Q1, 2025 Results on May 15, 2025Bitcoin Depot Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025
공시 • Mar 24Bitcoin Depot Appoints David Gray as Chief Financial OfficerBitcoin Depot announced that David Gray has been appointed Chief Financial Officer (CFO), effective immediately. Gray brings over 20 years of financial leadership experience, with a proven track record of success in driving business transformation, optimizing financial performance, leading high-value mergers and acquisitions, and advising on the impacts of complex strategic initiatives. As CFO, Gray will oversee Bitcoin Depot’s financial strategy, treasury, and corporate development, ensuring the company remains well-positioned for continued growth amid an evolving cryptocurrency landscape. Gray joins Bitcoin Depot from Aviat Networks, where he served as CFO and helped lead the company’s growth from $275 million to nearly $500 million in revenue through strategic acquisitions and financial transformation initiatives. Previously, he held CFO and senior finance leadership roles at Superior Essex, Eaton Corporation, and Newell Brands. Gray holds a B.S. in Accounting from Penn State University and is a Certified Management Accountant (CMA) and a Certified Public Accountant (CPA).
Reported Earnings • Mar 19Full year 2024 earnings released: US$0.58 loss per share (vs US$1.57 loss in FY 2023)Full year 2024 results: US$0.58 loss per share (improved from US$1.57 loss in FY 2023). Revenue: US$573.7m (down 17% from FY 2023). Net loss: US$11.7m (loss narrowed 55% from FY 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Commercial Services industry in the US.
공시 • Mar 18Bitcoin Depot Inc. Provides Revenue Guidance for First Quarter of 2025Bitcoin Depot Inc. provided revenue guidance for first quarter of 2025. The company anticipates first quarter of revenues to be between $151 million and $154 million which would represent growth of between 9% and 11% compared to first quarter of 2024.
공시 • Mar 14Bitcoin Depot Inc. Appoints Chris Ryan as Chief Legal OfficerBitcoin Depot announced that Chris Ryan has been appointed Chief Legal Officer. With a strong background in financial services, cryptocurrency, and regulatory compliance, Ryan will be instrumental in guiding the company’s legal operations as it continues expanding access to Bitcoin. As Chief Legal Officer, Ryan will lead Bitcoin Depot’s legal and compliance strategy, advising the executive team on governance, risk management, and regulatory matters. He will also oversee partnerships, legal operations, and policy initiatives to support the company’s continued expansion. Before joining Bitcoin Depot, Ryan served as Deputy General Counsel at MoneyGram International, where he led global legal teams working on cryptocurrency initiatives, regulatory strategy, and commercial partnerships across North America, Latin America, Europe, and Africa. With over a decade of experience, he has negotiated high-profile fintech deals, advised on blockchain product strategies, and developed compliance frameworks for digital assets and payments. He has also worked closely with policymakers on evolving cryptocurrency regulations and overseen key areas like AML, KYC, and financial compliance. His expert understanding of risk management, corporate transactions, and regulatory affairs will be key as Bitcoin Depot continues to strengthen its position as the largest Bitcoin ATM operator in the U.S. Ryan holds a J.D. from the Florida Coastal School of Law and a B.S. in Political Science from the University of Dayton.
공시 • Mar 04Bitcoin Depot Inc. to Report Q4, 2024 Results on Mar 18, 2025Bitcoin Depot Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 18, 2025
공시 • Jan 21Bitcoin Depot Inc. Provides Preliminary Unaudited Earnings Guidance for the Fourth Quarter Ended December 31, 2024Bitcoin Depot Inc. provided preliminary unaudited earnings guidance for the fourth quarter ended December 31, 2024. For the quarter, the company expects revenue to be in the range between $135 million and $137 million, compared to $135.3 million reported in the third quarter of 2024 and $148.4 million reported in the fourth quarter of 2023.
New Risk • Dec 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$7.9m). Minor Risks Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (US$95.5m market cap).
공시 • Dec 14Bitcoin Depot Inc. Announces Tim Vanderham Step Down from Board and Member of Audit CommitteeOn December 9, 2024, Tim Vanderham informed the Board of Directors (the Board") of Bitcoin Depot Inc. (the Company") of his intention to step down from the Board of the Company, with a specific effective date to be determined but anticipated by Mr. Vanderham to be in the first quarter of 2025. Mr. Vanderham will also step as a member of the Board's Audit Committee at the same time. Given that Mr. Vanderham will remain on the Board until a later date in 2025, he will continue to stand for reelection at the Company's upcoming Annual Meeting of Stockholders (the Annual Meeting") to be held on December 19, 2024, as originally contemplated in the Company's definitive proxy statement filed with the Securities and Exchange Commission (the SEC") on November 7, 2024.
New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$7.9m). Minor Risk Shareholders have been diluted in the past year (3.4% increase in shares outstanding).
공시 • Nov 22Bitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $13 million.Bitcoin Depot Inc. has filed a Follow-on Equity Offering in the amount of $13 million. Security Name: Class A Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
Seeking Alpha • Nov 19Bitcoin Depot: Recent Surge Is Tied To Bitcoin's Sympathy PlaySummary Bitcoin Depot's aggressive BTM expansion hasn't translated to increased value, facing regulatory challenges and declining revenues, raising concerns about long-term viability. New legislation imposing transaction limits and markup caps in several states has significantly impacted Bitcoin Depot's operational environment. The CEO's optimism about future growth contrasts with ongoing operational challenges and risks from potential further regulatory actions. The proposed dividend strategy is questionable, given BTM's declining revenues, negative equity, and the typical volatility in the cryptocurrency industry. Read the full article on Seeking Alpha
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: US$0.053 loss per share (improved from US$0.43 loss in 3Q 2023). Revenue: US$135.3m (down 25% from 3Q 2023). Net loss: US$939.0k (loss narrowed 87% from 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Commercial Services industry in the US.
Board Change • Nov 15High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Dan Gardner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Nov 08Bitcoin Depot Inc., Annual General Meeting, Dec 19, 2024Bitcoin Depot Inc., Annual General Meeting, Dec 19, 2024.
공시 • Oct 31Bitcoin Depot Inc. to Report Q3, 2024 Results on Nov 13, 2024Bitcoin Depot Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 13, 2024
공시 • Aug 16Bitcoin Depot Inc. announced delayed 10-Q filingOn 08/15/2024, Bitcoin Depot Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: US$0.66 (vs US$1.02 loss in 2Q 2023)Second quarter 2024 results: EPS: US$0.66 (up from US$1.02 loss in 2Q 2023). Revenue: US$163.1m (down 17% from 2Q 2023). Net income: US$11.3m (up US$28.2m from 2Q 2023). Profit margin: 6.9% (up from net loss in 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.
공시 • Jul 31Bitcoin Depot Inc. to Report Q2, 2024 Results on Aug 13, 2024Bitcoin Depot Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 13, 2024
Recent Insider Transactions • Jul 07Chairman of the Board recently sold US$85k worth of stockOn the 3rd of July, Brandon Mintz sold around 50k shares on-market at roughly US$1.70 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brandon has been a net seller over the last 12 months, reducing personal holdings by US$173k.
Board Change • Jul 01High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Dan Gardner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • May 08Bitcoin Depot Inc. to Report Q1, 2024 Results on May 14, 2024Bitcoin Depot Inc. announced that they will report Q1, 2024 results Pre-Market on May 14, 2024
공시 • Apr 27Bitcoin Depot Inc. announced that it has received funding from Sopris Capital Associates, LLCBitcoin Depot Inc. announced a private placement of 2,906,976 class A common shares on April 25, 2024. The transaction included participation from new investor Sopris Capital Associates, LLC.
공시 • Apr 02Bitcoin Depot Inc. announced delayed annual 10-K filingOn 04/01/2024, Bitcoin Depot Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Price Target Changed • Mar 26Price target decreased by 24% to US$4.63Down from US$6.13, the current price target is an average from 4 analysts. New target price is 112% above last closing price of US$2.18. Stock is down 79% over the past year. The company is forecast to post earnings per share of US$0.23 next year compared to a net loss per share of US$0.87 last year.
Reported Earnings • Mar 25Full year 2023 earnings releasedFull year 2023 results: US$0.87 loss per share. Revenue: US$689.0m (up 6.5% from FY 2022). Net loss: US$11.5m (down 390% from profit in FY 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US.
공시 • Mar 12Bitcoin Depot Inc. to Report Q4, 2023 Results on Mar 25, 2024Bitcoin Depot Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 25, 2024
New Risk • Mar 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$31.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (US$31.8m market cap).
분석 기사 • Feb 29Is Bitcoin Depot (NASDAQ:BTM) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Feb 10Bitcoin Depot Inc. Announces Jackie Marks to Step Down from the Board, Member of Audit Committee and the Audit Committee Chair, Effective on July 1, 2024On February 5, 2024, Jackie Marks informed the Board of Directors of Bitcoin Depot Inc. of her intention to step down from the Board of the Company, effective on July 1, 2024. Ms. Marks will also step down as a member of the Board’s Audit Committee and the Audit Committee Chair at the same time. The Board intends on replacing Ms. Marks by appointing a new director upon her resignation. The Board will also appoint a new or existing Director to replace Ms. Marks as the Chair of the Audit Committee.
New Risk • Jan 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$29.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Significant insider selling over the past 3 months (US$150k sold). Market cap is less than US$100m (US$29.8m market cap).
공시 • Jan 18Bitcoin Depot to Deploy 940 Bitcoin ATMs at a National Convenience Store RetailerBitcoin Depot Inc. announced the launch of its retail partnership with a leading national convenience retailer with an extensive international network of locations across a portfolio of many brands. Beginning in first quarter of 2024, the Company will install roughly 940 Bitcoin Depot kiosks in convenience store locations across 24 states. The initial rollout is part of a larger initiative with the opportunity to grow into additional stores beyond the initial 940. Bitcoin Depot’s products and services provide an intuitive, quick, and convenient process for converting cash into Bitcoin, giving users the ability to access the broader digital financial system by conveniently purchasing Bitcoin at Bitcoin ATMs in 48 states. In addition to Bitcoin ATMs, Bitcoin Depot also has BDCheckout enabled for customers to fund their wallets with cash at participating retail locations in 28 states across the nation.
New Risk • Dec 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 45% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (45% increase in shares outstanding). Significant insider selling over the past 3 months (US$150k sold).
New Risk • Dec 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$39.0m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (US$150k sold). Market cap is less than US$100m (US$39.0m market cap).
Recent Insider Transactions • Nov 24Chairman of the Board recently sold US$88k worth of stockOn the 17th of November, Brandon Mintz sold around 40k shares on-market at roughly US$2.20 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Brandon's only on-market trade for the last 12 months.
Reported Earnings • Nov 15Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$0.43 loss per share. Revenue: US$179.5m (up 2.7% from 3Q 2022). Net loss: US$7.10m (down 289% from profit in 3Q 2022). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Commercial Services industry in the US.
Board Change • Nov 15High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Dan Gardner is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.