American Bitcoin Corp. Income Statement
ABTC / Financials|7 years of annual SEC 10-K data (FY2018-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
American Bitcoin Corp. reported $21M in revenue and $21M in net loss for FY2024. Revenue has grown at a 11.9% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -5.40 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $20.5M | $21.9M | $10.5M | $17.6M | $12.6M | $10.8M | $10.5M |
| Cost of Revenue | $15.8M | $13.5M | $4.9M | $7.4M | $6.2M | $4.6M | $4.4M |
| Gross Profit | - | $3.4M | $5.5M | $10.2M | $6.4M | $6.2M | $6.1M |
| SG&A Expense | $11.3M | $4.8M | $8.0M | $10.2M | $11.3M | $3.6M | $5.9M |
| R&D Expense | - | $2.3M | $4.1M | $5.9M | $3.2M | $5.6M | $2.6M |
| Operating Income | -$17.7M | -$19.2M | -$43.1M | -$33.1M | -$17.3M | -$12.5M | -$2.5M |
| Interest Expense | - | - | - | - | - | -$91.2K | -$5.8K |
| Income Tax | - | -$176.0K | -$701.1K | -$2.3M | $31.0K | - | - |
| Net Income | -$21.3M | -$28.6M | -$79.1M | -$31.3M | -$13.6M | -$12.4M | -$2.5M |
| EPS (Basic) | -$0.51 | -$0.83 | -$546.56 | -$24.44 | - | - | - |
| EPS (Diluted) | -$0.51 | -$0.83 | -$546.56 | - | - | - | - |
| Shares Outstanding | 34.4M | 230.1K | 1.6M | 19.9M | 10.6M | 4.9M | 4.9M |
| Gross Margin | - | 15.7% | 53.0% | 57.8% | 50.6% | 57.2% | 58.4% |
| Operating Margin | -86.4% | -87.5% | - | - | - | - | -23.5% |
| Profit Margin | -103.7% | -130.4% | - | -177.7% | -107.9% | -114.6% | -23.8% |