American Bitcoin Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $185.2M | $71.5M | $65.0M | $10.5M | $17.6M | $12.6M | $10.8M | $10.5M |
| Cost of Revenue | $92.0M | $39.5M | $43.6M | $4.9M | $7.4M | $4.4M | $4.6M | $4.4M |
| Gross Profit | $93.2M | $32.0M | $3.4M | $5.5M | $10.2M | $5.2M | $6.2M | $6.1M |
| Gross Margin | 50.3% | 44.8% | 5.3% | 53.0% | 57.8% | 41.2% | 57.2% | 58.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $2.3M | $4.1M | $5.9M | $2.1M | $5.6M | $2.6M |
| SG&A Expense | $33.4M | $34.5M | $34.2M | $8.0M | $10.2M | $14.2M | $13.1M | $5.9M |
| Operating Income | $-228.0M | $484.1M | $6.2M | $-43.1M | $-33.1M | $-17.3M | $-12.5M | $-2.5M |
| Operating Margin | -123.1% | 676.7% | 9.6% | -412.0% | -187.8% | -137.4% | -115.6% | -23.5% |
| Interest Expense | — | — | — | — | — | $3.7K | $-91.2K | $-5.8K |
| Pretax Income | $-171.3M | $493.4M | $20.8M | $-47.0M | $-33.3M | $-14.4M | $-12.4M | — |
| Income Tax Expense | $-18.1M | $59.6M | $-18.8M | $-701.1K | $-2.3M | $31.0K | — | — |
| Net Income | $-153.2M | $428.9M | $39.6M | $-79.1M | $-31.3M | $-10.8M | $-12.4M | $-2.5M |
| Net Margin | -82.7% | 599.6% | 61.0% | -755.9% | -177.7% | -86.2% | -114.6% | -23.8% |
| EPS (Basic) | $-0.17 | $0.49 | $0.04 | $-0.09 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.17 | $0.49 | $0.04 | $-0.09 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 905.0M | 891.8M | 891.8M | 891.8M | 7.81B | 121.24B | 66.76B | 29.99B |
| Shares Outstanding (Diluted) | 905.1M | 891.8M | 891.8M | 891.8M | 7.81B | 121.24B | 66.76B | 29.99B |
| Dividends Per Share | — | — | — | — | — | — | — | — |