Financial Snapshot

Revenue
$2.012M
TTM
Gross Margin
61.73%
TTM
Net Earnings
$7.380M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1976.18%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$1.337M
Q3 2024
Book Value
$25.20M
Q3 2024
Cash
Q3 2024
P/E
9.240
Nov 29, 2024 EST
Free Cash Flow
-$3.292M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $1.340M $1.692M $1.213M $0.00 $0.00 $4.480K $355.2K $506.2K $38.21K $1.610M $1.290M $1.596M $3.578M $2.030M $0.00
YoY Change -20.85% 39.49% -100.0% -98.74% -29.83% 1224.76% -97.63% 24.81% -19.17% -55.39% 76.25%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $1.340M $1.692M $1.213M $0.00 $0.00 $4.480K $355.2K $506.2K $38.21K $1.610M $1.290M $1.596M $3.578M $2.030M $0.00
Cost Of Revenue $359.8K $426.4K $268.4K $160.00 $255.2K $290.1K $1.111M $1.110M $802.0K $1.341M $2.502M $1.740M
Gross Profit $979.9K $1.266M $944.9K $4.320K $100.0K $216.1K $499.4K $500.0K $400.0K $254.6K $1.076M $290.0K
Gross Profit Margin 73.14% 74.8% 77.88% 96.43% 28.16% 42.69% 1306.96% 31.06% 31.01% 15.95% 30.07% 14.29%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Selling, General & Admin $1.876M $1.994M $17.35M $1.941M $1.432M $990.2K $1.574M $1.320M $8.411M $14.32M $410.0K $430.0K $895.4K $983.4K $550.0K $40.00K
YoY Change -5.93% -88.51% 794.18% 35.49% 44.66% -37.1% 19.28% -84.31% -41.25% 3391.64% -4.65% -51.98% -8.95% 78.8% 1275.0%
% of Gross Profit 191.46% 157.53% 1836.57% 36437.27% 1319.58% 3892.34% 2866.64% 82.0% 107.5% 351.74% 91.41% 189.66%
Research & Development $687.3K $611.8K $712.7K $45.45K
YoY Change 12.35% -14.17% 1468.18%
% of Gross Profit 70.14% 48.32% 75.43%
Depreciation & Amortization $5.033K $4.039K $940.00 $1.110K $1.360K $1.130K $1.170K $182.0K $298.8K $26.68K $0.00 $0.00 $0.00 $20.00K $10.00K
YoY Change 24.61% 329.68% -15.32% -18.38% 20.35% -3.42% -99.36% -39.08% 1019.94% -100.0% 100.0%
% of Gross Profit 0.51% 0.32% 0.1% 27.08% 182.02% 138.28% 5.34% 0.0% 0.0% 0.0% 1.86% 3.45%
Operating Expenses $5.297M $18.76M $18.07M $1.986M $1.432M $990.2K $1.574M $1.320M $8.414M $13.89M $410.0K $430.0K $895.4K $983.4K $550.0K $40.00K
YoY Change -71.77% 3.85% 809.6% 38.67% 44.66% -37.1% 19.28% -84.32% -39.42% 3287.53% -4.65% -51.98% -8.95% 78.8% 1275.0%
Operating Profit -$4.317M -$17.50M -$17.12M -$1.986M -$1.570M -$1.220M -$8.198M -$13.39M $90.00K -$30.00K -$640.8K $92.45K -$260.0K
YoY Change -75.33% 2.18% 762.03% 28.7% -85.12% -38.77% -14977.21% -400.0% -95.32% -793.17% -135.56%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Interest Expense -$604.3K $2.146M $4.918M -$404.5K -$87.10K $163.8K -$55.77M -$38.09M $467.1K $205.0K $0.00 $0.00 $0.00 $50.00K -$10.00K
YoY Change -128.16% -56.38% -1315.88% 364.42% -153.19% -100.29% 46.41% -8256.03% 127.87% -100.0% -600.0%
% of Operating Profit 0.0% 54.08%
Other Income/Expense, Net $12.14M $1.603M $1.864M -$170.0K -$120.0K -$653.4K -$3.054M $0.00 $0.00 $0.00 $290.0K -$40.00K $10.00K
YoY Change 657.0% -13.99% -1196.44% 41.67% -78.6% -100.0% -825.0% -500.0%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Pretax Income $7.819M -$15.89M -$16.05M -$2.556M -$1.641M -$826.4K -$45.46M -$44.27M -$10.05M -$14.76M $90.00K -$30.00K -$390.0K $110.0K -$260.0K -$40.00K
YoY Change -149.2% -0.98% 527.9% 55.8% 98.52% -98.18% 2.71% 340.58% -31.92% -16496.69% -400.0% -92.31% -454.55% -142.31% 550.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0% 0.0%
Net Earnings $7.819M -$15.89M -$16.05M -$2.556M -$1.641M -$826.4K -$45.46M -$44.27M -$10.05M -$14.76M $90.00K -$30.00K -$390.0K $110.0K -$260.0K -$40.00K
YoY Change -149.2% -0.98% 527.9% 55.8% 98.52% -98.18% 2.71% 340.58% -31.92% -16496.69% -400.0% -92.31% -454.55% -142.31% 550.0%
Net Earnings / Revenue 583.65% -939.04% -1322.83% -1014834.15% -12461.72% -1984.84% -38620.83% 5.59% -2.33% -24.44% 3.07% -12.81%
Basic Earnings Per Share $0.55 -$1.25 -$3.09
Diluted Earnings Per Share $0.55 -$1.25 -$2.346M -$856.7K -$1.033M -$667.3K -$110.4M -$1.466B -$108.5M -$195.2M $618.9M -$178.5M -$3.739B $889.4M -$1.805B -$357.2M

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash & Short-Term Investments $1.458M $2.247M $4.518M $1.520M $396.0K $52.12K $520.4K $95.27K $141.6K $21.44K $20.00K $10.00K $70.00K $50.00K $50.00K $20.00K $10.00K
YoY Change -35.09% -50.27% 197.29% 283.79% 659.79% -89.99% 446.29% -32.7% 560.31% 7.2% 100.0% -85.71% 40.0% 0.0% 150.0% 100.0%
Cash & Equivalents $0.00 $70.00K $50.00K $50.00K
Short-Term Investments $100.0K
Other Short-Term Assets $25.29M $1.951M $948.3K $31.88K $24.01K $8.330K $67.74K $0.00 $8.900K $46.65K $30.00K $0.00 $0.00 $0.00
YoY Change 1196.06% 105.74% 2874.59% 32.78% 188.24% -87.7% -100.0% -80.92% 55.5%
Inventory $60.00K $110.0K $60.00K $370.0K $260.0K
Prepaid Expenses
Receivables $70.00K $60.00K $240.0K $710.0K $270.0K
Other Receivables $0.00 $0.00 $0.00 $910.0K $140.0K
Total Short-Term Assets $27.04M $4.198M $5.467M $1.552M $420.0K $60.45K $588.2K $95.27K $150.5K $68.10K $170.0K $180.0K $370.0K $2.040M $720.0K $20.00K $10.00K
YoY Change 544.06% -23.21% 252.3% 269.43% 594.81% -89.72% 517.39% -36.69% 120.95% -59.94% -5.56% -51.35% -81.86% 183.33% 3500.0% 100.0%
Property, Plant & Equipment $10.49K $11.15K $9.780K $230.00 $1.340K $2.700K $1.240K $0.00 $489.4K $190.2K $30.00K $10.00K $0.00 $60.00K $30.00K
YoY Change -5.92% 14.01% 4152.17% -82.84% -50.37% 117.74% -100.0% 157.33% 533.97% 200.0% -100.0% 100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $100.0K $0.00 $2.250M $0.00
YoY Change -100.0%
Other Assets $0.00 $5.709M $8.626M $2.800K $343.0K $0.00 $400.0K $400.0K $0.00 $0.00 $0.00
YoY Change -100.0% -33.82% -99.18% -100.0% 0.0%
Total Long-Term Assets $110.5K $5.720M $8.635M $230.00 $1.340K $2.700K $1.230K $2.800K $3.082M $205.7K $430.0K $410.0K $0.00 $90.00K $50.00K $0.00 $0.00
YoY Change -98.07% -33.76% 3754447.83% -82.84% -50.37% 119.51% -56.07% -99.91% 1398.48% -52.16% 4.88% -100.0% 80.0%
Total Assets $27.15M $9.918M $14.10M $1.552M $421.4K $63.15K $589.4K $98.07K $3.233M $273.8K $600.0K $590.0K $370.0K $2.130M $770.0K $20.00K $10.00K
YoY Change
Accounts Payable $55.06K $76.73K $138.7K $26.29K $28.32K $119.2K $76.00K $770.5K $402.5K $258.1K $270.0K $270.0K $180.0K $120.0K $70.00K $40.00K $0.00
YoY Change -28.24% -44.69% 427.65% -7.17% -76.23% 56.78% -90.14% 91.45% 55.91% -4.4% 0.0% 50.0% 50.0% 71.43% 75.0%
Accrued Expenses $712.1K $295.9K $7.330K $350.4K $416.9K
YoY Change 140.62% 3937.38% -97.91% -15.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $131.9K $159.9K $200.0K $0.00 $45.00K $45.00K $7.990K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -17.46% -20.08% -100.0% 0.0% 463.2%
Long-Term Debt Due $0.00 $0.00 $0.00 $0.00 $10.00K
YoY Change -100.0%
Total Short-Term Liabilities $980.9K $586.4K $1.999M $508.6K $605.1K $319.2K $76.00K $45.35M $6.023M $266.1K $460.0K $550.0K $470.0K $1.390M $950.0K $40.00K $0.00
YoY Change 67.27% -70.66% 292.94% -15.95% 89.6% 319.93% -99.83% 652.95% 2163.18% -42.15% -16.36% 17.02% -66.19% 46.32% 2275.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $630.0K $580.0K $790.0K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 8.62% -26.58%
Other Long-Term Liabilities $0.00 $0.00 -$40.00K $740.0K $0.00
YoY Change -100.0% -105.41%
Total Long-Term Liabilities $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $630.0K $580.0K $750.0K $740.0K $0.00 $0.00 $0.00
YoY Change -100.0% 8.62% -22.67% 1.35%
Total Liabilities $980.9K $586.4K $1.999M $508.6K $605.1K $319.2K $76.00K $45.35M $6.023M $266.1K $1.090M $1.130M $1.220M $2.140M $950.0K $40.00K $0.00
YoY Change 67.27% -70.66% 292.94% -15.95% 89.6% 319.93% -99.83% 652.95% 2163.18% -75.59% -3.54% -7.38% -42.99% 125.26% 2275.0%

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 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Basic Shares Outstanding 14.09M shares 12.73M shares 6.841M shares
Diluted Shares Outstanding 14.09M shares 12.73M 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: $68.187 Million

About BTCS Inc.

BTCS, Inc. engages in the digital currency ecosystem and blockchain technologies. The company is headquartered in Silver Spring, Maryland and currently employs 5 full-time employees. The company went IPO on 2008-09-25. The firm secures and operates validator nodes on blockchain networks that power Web 3, earning native token rewards by staking its proof-of-stake (PoS) crypto assets, with an emphasis on Ethereum. Its StakeSeeker platform enables crypto holders with an analytics-focused cryptocurrency dashboard. The company also offers a non-custodial Staking-as-a-Service solution, enabling users to earn staking rewards, while the Company earns a percentage of token holders rewards, creating the potential for scalable revenue with limited additional costs. The company also operates Builder+, an Ethereum block builder. This technology leverages advanced algorithms to maximize profit through optimized block construction. Builder+ creates opportunities for new scalable revenue streams by being utilized by third-party nodes.

Industry: Finance Services Peers: OpenLocker Holdings, Inc. GSE SYSTEMS INC PAID INC Salesforce, Inc. SpringBig Holdings, Inc.