B. Riley Comments on Bitcoin Depot FY2025 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Investment analysts at B. Riley issued their FY2025 EPS estimates for Bitcoin Depot in a report issued on Thursday, November 14th. B. Riley analyst H. Goetsch anticipates that the company will post earnings of $0.21 per share for the year. The consensus estimate for Bitcoin Depot’s current full-year earnings is ($0.10) per share.

Bitcoin Depot (NASDAQ:BTM) last announced its earnings results on Thursday, August 15th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.16). Bitcoin Depot had a negative net margin of 3.10% and a negative return on equity of 307.37%. The business had revenue of $163.07 million for the quarter, compared to the consensus estimate of $148.49 million.

A number of other brokerages have also recently issued reports on BTM. Noble Financial upgraded shares of Bitcoin Depot to a “strong-buy” rating in a research note on Thursday, October 17th. HC Wainwright decreased their target price on Bitcoin Depot from $4.00 to $3.50 and set a “buy” rating for the company in a research report on Thursday, August 15th.

Bitcoin Depot Stock Performance

Shares of BTM stock opened at $2.00 on Friday. Bitcoin Depot has a 12 month low of $1.33 and a 12 month high of $3.70. The stock has a market cap of $120.22 million, a PE ratio of -1.53 and a beta of -0.33. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 9.33. The company’s fifty day moving average price is $1.63 and its 200-day moving average price is $1.72.

Insider Activity

In related news, COO Christopher Scott Buchanan sold 20,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $1.56, for a total transaction of $31,200.00. Following the sale, the chief operating officer now owns 241,276 shares in the company, valued at approximately $376,390.56. This represents a 7.65 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 50,100 shares of company stock worth $77,051. 70.23% of the stock is currently owned by insiders.

Institutional Trading of Bitcoin Depot

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Walleye Capital LLC increased its stake in shares of Bitcoin Depot by 110.1% during the third quarter. Walleye Capital LLC now owns 23,542 shares of the company’s stock valued at $37,000 after buying an additional 12,337 shares during the period. Renaissance Technologies LLC increased its stake in shares of Bitcoin Depot by 122.1% during the second quarter. Renaissance Technologies LLC now owns 47,300 shares of the company’s stock valued at $85,000 after buying an additional 26,000 shares during the period. Finally, Shaolin Capital Management LLC increased its stake in shares of Bitcoin Depot by 7.6% during the first quarter. Shaolin Capital Management LLC now owns 699,600 shares of the company’s stock valued at $1,326,000 after buying an additional 49,600 shares during the period. Hedge funds and other institutional investors own 9.18% of the company’s stock.

Bitcoin Depot Company Profile

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.