Stock Analysis
- United States
- /
- Commercial Services
- /
- NasdaqCM:BTM
Bitcoin Depot Second Quarter 2024 Earnings: EPS: US$0.66 (vs US$1.02 loss in 2Q 2023)
Bitcoin Depot (NASDAQ:BTM) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$163.1m (down 17% from 2Q 2023).
- Net income: US$11.3m (up from US$17.0m loss in 2Q 2023).
- Profit margin: 6.9% (up from net loss in 2Q 2023).
- EPS: US$0.66 (up from US$1.02 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bitcoin Depot Earnings Insights
Looking ahead, 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.
Performance of the American Commercial Services industry.
The company's shares are up 8.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 5 warning signs for Bitcoin Depot you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Bitcoin Depot might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About NasdaqCM:BTM
Bitcoin Depot
Owns and operates a network of cryptocurrency kiosks in North America.