Financials in USD. Standardized financial statements.
A compact view of how BTC Digital Ltd. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $14.04M | $11.68M | $9.07M | $81.60M | $729.00M | $897.03M | $1.45B | $1.42B | $1.15B | $115.32M |
| Revenue Growth? | +20.3% | +28.7% | -88.9% | -88.8% | -18.7% | -38.0% | +1.7% | +23.9% | +897.0% | 0.0% |
| Cost of Revenue? | $17.20M | $11.56M | $10.21M | $69.41M | $483.70M | $607.08M | $755.36M | $628.00M | $467.97M | $49.61M |
| Gross Profit? | -$3.16M | $115,000 | -$1.14M | $12.19M | $245.29M | $289.96M | $692.54M | $796.24M | $681.75M | $65.71M |
| Gross Margin? | -22.5% | +1.0% | -12.5% | +14.9% | +33.6% | +32.3% | +47.8% | +55.9% | +59.3% | +57.0% |
| Operating Expenses? | $5.65M | $2.79M | $1.35M | $4.97M | $602.75M | $662.62M | $920.22M | $744.55M | $631.79M | $69.82M |
| Operating Income? | -$8.81M | -$2.68M | -$2.48M | $7.22M | -$6.76M | -$8.16M | -$227.68M | $51.69M | $49.96M | -$4.10M |
| EBITDA? | -$4.63M | $1.74M | $390,000 | $6.51M | $15.41M | $25.96M | $162.84M | $106.63M | $86.73M | $450,763 |
| Income Before Tax | -$9.06M | -$1.99M | -$2.82M | -$39.26M | -$12.10M | -$11.79M | -$215.46M | $67.90M | $59.88M | -$2.77M |
| Income Tax Expense | $0 | $0 | $0 | -$45.92M | -$20.22M | $5.80M | $9.61M | $14.45M | $19.54M | $1.13M |
| Net Income? | -$9.06M | -$1.99M | -$2.82M | $53.01M | -$384.30M | -$410.99M | -$219.40M | $57.25M | $40.56M | -$3.49M |
| EPS? | $-1.10 | $-0.01 | $-0.04 | $0.94 | $-28.14 | $-216.78 | $-54.41 | $12.48 | $10.05 | $-10.67 |
| Diluted EPS? | $-1.10 | $-0.01 | $-0.04 | $15.10 | $-28.14 | $-216.78 | $-54.41 | $12.12 | $10.05 | $-10.67 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality