BTC Digital Past Earnings Performance
Past criteria checks 0/6
BTC Digital has been growing earnings at an average annual rate of 29.6%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been declining at an average rate of 54.9% per year.
Key information
29.6%
Earnings growth rate
32.7%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | -54.9% |
| Return on equity | -14.5% |
| Net Margin | -31.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
We Don’t Think BTC Digital's (NASDAQ:BTCT) Earnings Should Make Shareholders Too Comfortable
Dec 06
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Sep 20Meten to raise $7.5M in stock and warrants offering
Aug 04Meten updates on joint venture over cryptocurrency mining busines
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Jun 14Meten EdtechX reports FY results
Apr 26Is Meten EdtechX Education Group Ltd.'s (NASDAQ:METX) Shareholder Ownership Skewed Towards Insiders?
Jan 27Meten Edtechx Education announces warrants to be exercised at a reduced price
Dec 08Revenue & Expenses BreakdownBeta
How BTC Digital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 9 | -3 | 1 | 0 |
| 30 Sep 23 | 13 | 1 | 1 | 0 |
| 30 Jun 23 | 17 | 4 | 0 | 0 |
| 31 Mar 23 | 15 | 4 | 0 | 0 |
| 31 Dec 22 | 12 | 3 | 1 | 0 |
| 30 Sep 22 | -77 | 46 | -71 | -2 |
| 30 Jun 22 | -60 | 21 | -41 | -1 |
| 31 Mar 22 | -32 | 11 | -22 | -1 |
| 31 Dec 21 | 0 | -2 | 1 | 0 |
| 30 Sep 21 | 128 | -78 | 109 | 3 |
| 30 Jun 21 | 145 | -58 | 101 | 4 |
| 31 Mar 21 | 141 | -60 | 99 | 4 |
| 31 Dec 20 | 0 | -2 | 1 | 0 |
| 30 Sep 20 | 150 | -60 | 112 | 4 |
| 30 Jun 20 | 162 | -45 | 106 | 4 |
| 31 Mar 20 | 186 | -40 | 117 | 5 |
| 31 Dec 19 | 208 | -32 | 128 | 5 |
| 30 Sep 19 | 204 | -9 | 108 | 4 |
| 31 Mar 19 | 210 | -3 | 111 | 4 |
| 31 Dec 18 | 207 | 7 | 104 | 4 |
| 31 Dec 17 | 177 | 3 | 94 | 3 |
| 31 Dec 16 | 115 | -5 | 67 | 3 |
Quality Earnings: BTCT is currently unprofitable.
Growing Profit Margin: BTCT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BTCT is unprofitable, but has reduced losses over the past 5 years at a rate of 29.6% per year.
Accelerating Growth: Unable to compare BTCT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BTCT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.8%).
Return on Equity
High ROE: BTCT has a negative Return on Equity (-14.53%), as it is currently unprofitable.