Operates a network of Bitcoin ATMs (BTMs) that allow users to purchase Bitcoin with cash. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
No real growth (3% a year). Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
Executive selling isn’t always bad news; people sell for personal reasons too. Still, the thin buying side is worth noting.
An investor who bought at the very peak is down 93% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
The company sells $614.9M a year; the problem isn’t sales — it’s costs running above that number.
There is $76.6M in the vault; even if every debt were paid off, $11.2M would remain.
A loss of $6.2M against $614.9M in annual sales.
The stock sits at $0.05. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 4.7 times as much as the market average. Big rallies — and big drops — can both happen fast.
We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.
One-line summary: few numbers, an untested story. Keep watching.
Not covered, because the filings we hold do not carry it: the revenue breakdown.