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BTCT · Nasdaq · United States · Finance Services
In shortBTC Digital Ltd. is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it. Bank or insurer: tests that do not apply to them are left out.
| Operating marginShare of each sale left after running the business, before interest and tax. | -62.7% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -64.5% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -23.5% | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -98.1% | n/a |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 5 | n/a |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 46.9% | 0/100 |
| Operating margin volatility | 29.3% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.9% | 49/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 114 | 12 | 9.1 | 12 | 14 |
| Cost of revenue | 76 | 10 | 10 | 12 | 17 |
| Gross profit | 38 | 1.8 | (1.1) | 0.1 | (3.2) |
| Research & development | 2.9 | – | – | – | – |
| Operating income | – | 1 | (2.5) | (2.7) | (8.8) |
| Interest expense | 0.4 | 0 | 0.1 | 0 | 0.1 |
| Pre-tax income | (64) | 1 | (2.8) | (2) | (9.1) |
| Income tax | (3.2) | – | – | – | – |
| Net income | (61) | 7.7 | (2.8) | (2) | (9.1) |
| Diluted EPS | −$5.01 | – | −$1.89 | −$0.66 | −$1.10 |
| Diluted shares (millions) | 0.4 | 0.7 | 1.5 | 3 | 8.2 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of BTC Digital Ltd. are included in the Investor plan. Try free for 7 days →
Not computed: the model does not apply to banks and insurers.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Sep 8, 2026