
FNCL 8 1991 LB (BTBT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
25.1M
Gross Profit
12.3M
49.05%
Operating Income
-3.2M
-12.60%
Net Income
-57.7M
-229.88%
EPS (Diluted)
$-0.32
Balance Sheet Metrics
Total Assets
485.2M
Total Liabilities
67.8M
Shareholders Equity
417.4M
Debt to Equity
0.16
Cash Flow Metrics
Operating Cash Flow
-34.1M
Free Cash Flow
-47.6M
Revenue & Profitability Trend
FNCL 8 1991 LB Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 163.8M | 44.9M | 32.3M | 96.1M | 21.1M |
Cost of Goods Sold | 62.4M | 29.6M | 20.4M | 30.7M | 14.1M |
Gross Profit | 101.4M | 15.4M | 11.9M | 65.3M | 7.0M |
Gross Margin % | 61.9% | 34.2% | 36.9% | 68.0% | 33.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 41.5M | 27.7M | 23.0M | 39.2M | 2.5M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 41.5M | 27.7M | 23.0M | 39.2M | 2.5M |
Operating Income | 27.6M | -26.7M | -38.9M | 13.1M | 1.1M |
Operating Margin % | 16.8% | -59.5% | -120.4% | 13.6% | 5.3% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | 41 |
Interest Expense | - | - | - | - | - |
Other Non-Operating Income | 4.7M | 13.1M | -67.0M | -10.2M | 434.7K |
Pre-tax Income | 32.3M | -13.6M | -105.9M | 2.8M | 1.6M |
Income Tax | 4.0M | 279.0K | -592.8K | 3.9M | 0 |
Effective Tax Rate % | 12.3% | 0.0% | 0.0% | 135.5% | 0.0% |
Net Income | 28.3M | -13.9M | -105.3M | -1.0M | -2.3M |
Net Margin % | 17.3% | -30.9% | -326.0% | -1.1% | -10.8% |
Key Metrics | |||||
EBITDA | 60.7M | -22.3M | 54.8M | 37.1M | 4.0M |
EPS (Basic) | $0.20 | $-0.16 | $-1.34 | $-0.02 | $-0.07 |
EPS (Diluted) | $0.19 | $-0.16 | $-1.34 | $-0.02 | $-0.07 |
Basic Shares Outstanding | 140346322 | 87534052 | 78614174 | 55440527 | 30591122 |
Diluted Shares Outstanding | 140346322 | 87534052 | 78614174 | 55440527 | 30591122 |
Income Statement Trend
FNCL 8 1991 LB Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 95.2M | 16.9M | 32.7M | 42.4M | 405.1K |
Short-term Investments | 3.0M | 6.5M | 626.4K | 15.8M | 6.3M |
Accounts Receivable | 5.3M | - | - | - | - |
Inventory | - | - | - | - | - |
Other Current Assets | 161.6M | 41.0M | 27.9M | 29.1M | 6.3M |
Total Current Assets | 296.9M | 83.3M | 64.4M | 90.3M | 8.7M |
Non-Current Assets | |||||
Property, Plant & Equipment | 128.4M | 57.1M | 54.8M | 78.2M | 66.3M |
Goodwill | 51.8M | - | - | - | - |
Intangible Assets | 13.0M | - | - | - | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 2.6M | 2.1M | 68.0K | 6.8M | 0 |
Total Non-Current Assets | 241.4M | 106.0M | 36.0M | 83.4M | 31.2M |
Total Assets | 538.2M | 189.3M | 100.4M | 173.7M | 39.9M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 3.4M | 2.3M | 3.6M | 2.6M | 1.4M |
Short-term Debt | 4.5M | 1.9M | - | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 55.0M | 27.1M | 7.4M | 5.0M | 1.9M |
Non-Current Liabilities | |||||
Long-term Debt | 9.3M | 4.4M | 0 | - | - |
Deferred Tax Liabilities | 6.4M | 112.3K | 0 | 462.4K | 0 |
Other Non-Current Liabilities | 785.4K | 1.9M | - | - | - |
Total Non-Current Liabilities | 19.7M | 9.5M | 3.0M | 3.2M | 0 |
Total Liabilities | 74.8M | 36.6M | 10.5M | 8.3M | 1.9M |
Equity | |||||
Common Stock | 1.8M | 1.1M | 824.9K | 695.9K | 480.4K |
Retained Earnings | -98.2M | -146.9M | -131.4M | -26.1M | -15.7M |
Treasury Stock | 1.2M | 1.2M | 1.2M | 1.1M | 0 |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 463.5M | 152.7M | 89.9M | 165.4M | 38.0M |
Key Metrics | |||||
Total Debt | 13.8M | 6.2M | 0 | 0 | 0 |
Working Capital | 241.8M | 56.3M | 57.0M | 85.3M | 6.8M |
Balance Sheet Composition
FNCL 8 1991 LB Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 28.3M | -13.9M | -105.3M | -1.0M | 1.6M |
Depreciation & Amortization | 32.3M | 14.4M | 27.8M | 13.1M | 3.3M |
Stock-Based Compensation | 9.9M | 9.1M | 2.3M | 21.9M | 456.0K |
Working Capital Changes | 27.3M | 41.6M | 26.4M | 22.0M | 15.4M |
Operating Cash Flow | 99.0M | 51.2M | -48.6M | 56.4M | 20.7M |
Investing Activities | |||||
Capital Expenditures | -93.2M | -66.7M | -18.3M | -46.8M | -4.5M |
Acquisitions | -38.8M | 0 | -59.7K | 0 | 11.3K |
Investment Purchases | -17.0M | -2.2M | -2.0M | 0 | 0 |
Investment Sales | 0 | 89.5K | 1.7M | 0 | 0 |
Investing Cash Flow | -149.0M | -69.2M | -18.6M | -40.9M | -2.0M |
Financing Activities | |||||
Share Repurchases | - | - | - | - | - |
Dividends Paid | 0 | -1.6M | 0 | 0 | - |
Debt Issuance | - | 0 | 0 | 1.3M | 7.0K |
Debt Repayment | - | 0 | 0 | -12.0K | 0 |
Financing Cash Flow | 242.9M | 52.2M | 18.7M | 106.2M | 5.3M |
Free Cash Flow | -107.0M | -65.6M | -27.8M | -64.2M | -5.5M |
Net Change in Cash | 192.9M | 34.3M | -48.5M | 121.7M | 23.9M |
Cash Flow Trend
FNCL 8 1991 LB Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
12.53
Forward P/E
23.33
Price to Book
1.59
Price to Sales
11.43
PEG Ratio
-0.07
Profitability Ratios
Profit Margin
-53.52%
Operating Margin
45.03%
Return on Equity
-11.34%
Return on Assets
-5.98%
Financial Health
Current Ratio
7.82
Debt to Equity
6.91
Beta
4.78
Per Share Data
EPS (TTM)
$-0.34
Book Value per Share
$2.20
Revenue per Share
$0.56
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
btbt | 1.1B | 12.53 | 1.59 | -11.34% | -53.52% | 6.91 |
Morgan Stanley | 251.6B | 17.83 | 2.56 | 14.13% | 22.49% | 438.54 |
Goldman Sachs | 239.1B | 17.39 | 2.30 | 12.74% | 28.40% | 588.39 |
Perella Weinberg | 1.8B | 20.33 | 7.61 | 43.63% | 6.57% | 105.05 |
Bitfarms | 1.7B | -23.15 | 2.53 | -15.17% | -35.09% | 11.31 |
Hive Digital | 1.0B | 13.48 | 1.62 | 12.07% | 39.10% | 7.18 |
Financial data is updated regularly. All figures are in the company's reporting currency.