Financial Snapshot

Revenue
$1.907B
TTM
Gross Margin
4.79%
TTM
Net Earnings
-$54.18M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
105.36%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$102.0M
Q3 2024
Cash
Q3 2024
P/E
-6.000
Nov 29, 2024 EST
Free Cash Flow
-$63.67M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $780.1M $54.60M $39.44M $28.50M
YoY Change 1328.82% 38.45% 38.4%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $780.1M $54.60M $39.44M $28.50M
Cost Of Revenue $718.5M $1.657M
Gross Profit $61.63M $54.57M
Gross Profit Margin 7.9% 99.94%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $166.6M $203.0M $203.9M
YoY Change -17.91% -0.46%
% of Gross Profit 270.42% 372.02%
Research & Development $20.84M $17.08M $9.741M
YoY Change 22.0%
% of Gross Profit 33.81% 31.3%
Depreciation & Amortization $13.93M $25.40M $14.93M $7.973M
YoY Change -45.15% 70.08% 87.31%
% of Gross Profit 22.61% 46.55%
Operating Expenses $189.8M $231.9M $222.9M $107.6M
YoY Change -18.14% 4.06% 107.09%
Operating Profit -$128.2M -$2.019B -$79.12M
YoY Change -93.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $4.338M $1.900M -$236.0K $4.190K
YoY Change 128.32% -905.08% -5732.46%
% of Operating Profit
Other Income/Expense, Net -$1.816M $15.70M -$78.05M -$218.0K
YoY Change -111.57% -120.11% 35704.59%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$225.4M -$1.999B -$292.9M -$79.21M
YoY Change -88.72% 582.42% 269.75%
Income Tax $444.0K -$11.30M $11.15M $400.0K
% Of Pretax Income
Net Earnings -$74.85M -$577.4M -$183.2M -$79.61M
YoY Change -87.04% 215.15% 130.15%
Net Earnings / Revenue -9.59% -1057.51% -464.57% -279.36%
Basic Earnings Per Share -$0.84 -$8.12
Diluted Earnings Per Share -$0.84 -$8.11 -$3.392M -$187.5K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $70.28M $239.4M $391.4M $1.178M
YoY Change -70.64% -38.83% 33131.78%
Cash & Equivalents $52.88M $98.30M $391.4M
Short-Term Investments $17.40M $141.1M $0.00
Other Short-Term Assets $782.7M $61.80M $54.04M $235.0K
YoY Change 1166.5% 14.36% 22900.09%
Inventory
Prepaid Expenses
Receivables $20.38M $25.30M $16.64M
Other Receivables $9.283M $0.00 $1.500M
Total Short-Term Assets $882.6M $326.5M $463.5M $1.413M
YoY Change 170.34% -29.56% 32714.23%
Property, Plant & Equipment $11.52M $19.70M $17.36M
YoY Change -41.54% 13.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $207.4M
YoY Change
Other Assets $1.806M $37.70M $17.79M
YoY Change -95.21% 111.9%
Total Long-Term Assets $84.22M $131.5M $1.951B $207.4M
YoY Change -35.95% -93.26% 840.68%
Total Assets $966.9M $458.0M $2.414B $208.8M
YoY Change
Accounts Payable $14.93M $66.80M $10.65M $893.4K
YoY Change -77.66% 527.47% 1091.6%
Accrued Expenses $26.73M $32.48M $34.09M $2.230K
YoY Change -17.68% -4.74% 1528778.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $802.1M $92.10M $73.60M $895.7K
YoY Change 770.87% 25.13% 8117.94%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $29.08M $27.30M $34.92M $29.77M
YoY Change 6.52% -21.81% 17.28%
Total Long-Term Liabilities $29.08M $27.30M $34.92M $29.77M
YoY Change 6.52% -21.81% 17.28%
Total Liabilities $918.6M $360.9M $1.946B $30.67M
YoY Change 154.53% -81.45% 6245.28%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 89.08M shares 71.17M shares
Diluted Shares Outstanding 89.08M shares 71.17M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $325.1 Million

About Bakkt Holdings, Inc.

Bakkt Holdings Inc is a US-based company operating in Capital Markets industry. The company is headquartered in Alpharetta, Georgia and currently employs 747 full-time employees. The company went IPO on 2020-09-23. Bakkt Holdings, Inc. operates technology that connects the digital economy by offering a platform for crypto and redeeming loyalty points. The company enables its clients to deliver new opportunities to their customers through an interactive Web experience or application programming interfaces (API) solutions that unlock crypto and drive loyalty. The firm operates primarily through the Bakkt Marketplace, LLC (Bakkt Marketplace) and Bakkt Crypto Solutions, LLC (Bakkt Crypto). The Company’s platform provides consumers, businesses and institutions with the ability to buy, sell and store crypto in a simple, intuitive digital experience accessed via APIs or embedded Web experience. Bakkt Crypto offers customers the ability to purchase, sell, store and, in approved jurisdictions, deposit and withdraw approved crypto assets, all from within the applications of its clients with whom customers already have a relationship.

Industry: Finance Services Peers: MARKETWISE, INC. CREDITRISKMONITOR COM INC Donnelley Financial Solutions, Inc. GLOBAL TECH INDUSTRIES GROUP, INC. MARKETAXESS HOLDINGS INC S&P Global Inc. Open Lending Corp VALUE LINE INC