Athena Bitcoin Global Financials
This page shows Athena Bitcoin Global (ABIT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 24 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Athena Bitcoin Global has an operating margin of 0.4%, meaning the company retains $0 of operating profit per $100 of revenue. This below-average margin results in a low score of 23/100, suggesting thin profitability after operating expenses. This is down from 6.8% the prior year.
Athena Bitcoin Global's revenue declined 17.8% year-over-year, from $285.4M to $234.6M. This contraction results in a growth score of 4/100.
Athena Bitcoin Global carries a low D/E ratio of 0.29, meaning only $0.29 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Athena Bitcoin Global's current ratio of 0.72 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 9/100, which could limit financial flexibility.
Athena Bitcoin Global generates a -39.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 48.1% the prior year.
Athena Bitcoin Global scores 3.44, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Athena Bitcoin Global passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Athena Bitcoin Global generates $-2.09 in operating cash flow ($12.6M OCF vs -$6.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Athena Bitcoin Global earns $1.4 in operating income for every $1 of interest expense ($1.0M vs $745K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Athena Bitcoin Global generated $234.6M in revenue in fiscal year 2025. This represents a decrease of 17.8% from the prior year.
Athena Bitcoin Global's EBITDA was $10.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 57.0% from the prior year.
Athena Bitcoin Global reported -$6.0M in net income in fiscal year 2025. This represents a decrease of 158.7% from the prior year.
Athena Bitcoin Global earned $-0.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 162.5% from the prior year.
Cash & Balance Sheet
Athena Bitcoin Global held $11.4M in cash against $4.4M in long-term debt as of fiscal year 2025.
Athena Bitcoin Global had 4.10B shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Margins & Returns
Athena Bitcoin Global's gross margin was 10.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.7 percentage points from the prior year.
Athena Bitcoin Global's operating margin was 0.4% in fiscal year 2025, reflecting core business profitability. This is down 6.3 percentage points from the prior year.
Athena Bitcoin Global's net profit margin was -2.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.2 percentage points from the prior year.
Athena Bitcoin Global's ROE was -39.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 87.5 percentage points from the prior year.
Capital Allocation
Athena Bitcoin Global invested $1.6M in research and development in fiscal year 2025. This represents an increase of 15.0% from the prior year.
ABIT Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.7M-27.3% | $57.4M-8.6% | $62.8M-13.5% | $72.6M+14.1% | $63.7M-8.3% | $69.4M-2.1% | $70.9M-12.9% | $81.4M |
| Cost of Revenue | $40.0M-20.3% | $50.2M-8.8% | $55.0M-14.7% | $64.5M+12.6% | $57.3M-6.6% | $61.3M+1.0% | $60.7M-10.9% | $68.1M |
| Gross Profit | $1.7M-76.2% | $7.2M-7.4% | $7.8M-4.3% | $8.1M+27.4% | $6.4M-21.0% | $8.1M-20.8% | $10.2M-23.4% | $13.3M |
| R&D Expenses | $272K-36.9% | $431K+9.9% | $392K-14.4% | $458K+2.7% | $446K+18.6% | $376K+13.6% | $331K+67.2% | $198K |
| SG&A Expenses | $6.7M+107.2% | $3.2M-5.2% | $3.4M+11.7% | $3.1M-3.2% | $3.2M+17.4% | $2.7M+18.5% | $2.3M-5.3% | $2.4M |
| Operating Income | -$8.6M-401.0% | $2.9M+21.0% | $2.4M-46.3% | $4.4M+335.2% | -$1.9M-145.4% | $4.1M-40.9% | $7.0M-30.6% | $10.1M |
| Interest Expense | $43K-74.7% | $170K-32.0% | $250K-11.3% | $282K+51.6% | $186K-7.5% | $201K-41.9% | $346K-69.9% | $1.2M |
| Income Tax | -$1.5M-142.0% | -$603K-257.4% | $383K-62.6% | $1.0M+216.9% | -$876K-171.6% | $1.2M-43.5% | $2.2M-2.2% | $2.2M |
| Net Income | -$7.6M-209.6% | -$2.5M-277.4% | $1.4M-47.3% | $2.6M+236.5% | -$1.9M-185.3% | $2.3M-42.3% | $3.9M-35.4% | $6.0M |
| EPS (Diluted) | N/A | $-0.00-300.0% | $0.00-50.0% | $0.00 | N/A | $0.00-44.4% | $0.00-35.7% | $0.00 |
ABIT Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $69.5M-10.1% | $77.2M+3.0% | $75.0M-1.0% | $75.8M-2.9% | $78.0M | N/A | N/A | N/A |
| Current Assets | $24.2M-2.9% | $24.9M-1.7% | $25.3M+4.9% | $24.1M+5.3% | $22.9M | N/A | N/A | N/A |
| Cash & Equivalents | $11.4M-21.8% | $14.6M-16.3% | $17.4M-4.8% | $18.3M+4.4% | $17.5M-16.1% | $20.9M-0.2% | $20.9M+3.8% | $20.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $4.1M+31.1% | $3.1M+31.0% | $2.4M+55.6% | $1.5M+14.1% | $1.3M | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $54.2M-0.3% | $54.3M+9.5% | $49.6M-4.1% | $51.8M-8.6% | $56.7M | N/A | N/A | N/A |
| Current Liabilities | $33.4M+8.6% | $30.7M+19.0% | $25.8M-5.8% | $27.4M+7.9% | $25.4M | N/A | N/A | N/A |
| Long-Term Debt | $4.4M-49.9% | $8.7M+15.7% | $7.5M-7.6% | $8.1M | N/A | N/A | N/A | N/A |
| Total Equity | $15.3M-33.1% | $22.9M-9.8% | $25.4M+5.8% | $24.0M+12.3% | $21.4M-8.1% | $23.3M+10.7% | $21.0M+23.2% | $17.1M |
| Retained Earnings | -$497K-107.0% | $7.1M-25.7% | $9.5M+16.9% | $8.2M+47.4% | $5.5M | N/A | N/A | N/A |
ABIT Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.9M+108.4% | $2.4M+113.1% | $1.1M-73.5% | $4.2M+668.1% | -$739K-108.9% | $8.3M+195.8% | $2.8M-61.3% | $7.3M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$2.8M-792.5% | -$318K-19.5% | -$266K+51.8% | -$552K-24.6% | -$443K+93.2% | -$6.5M-386.1% | -$1.3M+11.2% | -$1.5M |
| Financing Cash Flow | -$4.3M+5.1% | -$4.6M-645.8% | -$614K+60.1% | -$1.5M+50.6% | -$3.1M-133.0% | -$1.3M-201.1% | -$444K+88.0% | -$3.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ABIT Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 4.1%-8.4pp | 12.6%+0.2pp | 12.4%+1.2pp | 11.2%+1.2pp | 10.0%-1.6pp | 11.7%-2.7pp | 14.4%-2.0pp | 16.4% |
| Operating Margin | -20.7%-25.7pp | 5.0%+1.2pp | 3.8%-2.3pp | 6.1%+9.0pp | -2.9%-8.9pp | 5.9%-3.9pp | 9.8%-2.5pp | 12.3% |
| Net Margin | -18.2%-13.9pp | -4.3%-6.5pp | 2.2%-1.4pp | 3.6%+6.6pp | -3.0%-6.3pp | 3.3%-2.3pp | 5.5%-1.9pp | 7.4% |
| Return on Equity | -49.6%-38.9pp | -10.7%-16.2pp | 5.4%-5.5pp | 10.9%+19.9pp | -9.0%-18.7pp | 9.7%-8.9pp | 18.6%-16.9pp | 35.4% |
| Return on Assets | -10.9%-7.8pp | -3.2%-5.0pp | 1.8%-1.6pp | 3.5%+5.9pp | -2.5% | N/A | N/A | N/A |
| Current Ratio | 0.72-0.1 | 0.81-0.2 | 0.98+0.1 | 0.88-0.0 | 0.90 | N/A | N/A | N/A |
| Debt-to-Equity | 0.29-0.1 | 0.38+0.1 | 0.30-0.0 | 0.34-2.3 | 2.65 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.72), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Athena Bitcoin Global's annual revenue?
Athena Bitcoin Global (ABIT) reported $234.6M in total revenue for fiscal year 2025. This represents a -17.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Athena Bitcoin Global's revenue growing?
Athena Bitcoin Global (ABIT) revenue declined by 17.8% year-over-year, from $285.4M to $234.6M in fiscal year 2025.
Is Athena Bitcoin Global profitable?
No, Athena Bitcoin Global (ABIT) reported a net income of -$6.0M in fiscal year 2025, with a net profit margin of -2.6%.
What is Athena Bitcoin Global's EBITDA?
Athena Bitcoin Global (ABIT) had EBITDA of $10.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Athena Bitcoin Global have?
As of fiscal year 2025, Athena Bitcoin Global (ABIT) had $11.4M in cash and equivalents against $4.4M in long-term debt.
What is Athena Bitcoin Global's gross margin?
Athena Bitcoin Global (ABIT) had a gross margin of 10.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Athena Bitcoin Global's operating margin?
Athena Bitcoin Global (ABIT) had an operating margin of 0.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Athena Bitcoin Global's net profit margin?
Athena Bitcoin Global (ABIT) had a net profit margin of -2.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Athena Bitcoin Global's return on equity (ROE)?
Athena Bitcoin Global (ABIT) has a return on equity of -39.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Athena Bitcoin Global's operating cash flow?
Athena Bitcoin Global (ABIT) generated $12.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Athena Bitcoin Global's total assets?
Athena Bitcoin Global (ABIT) had $69.5M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Athena Bitcoin Global spend on research and development?
Athena Bitcoin Global (ABIT) invested $1.6M in research and development during fiscal year 2025.
What is Athena Bitcoin Global's current ratio?
Athena Bitcoin Global (ABIT) had a current ratio of 0.72 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Athena Bitcoin Global's debt-to-equity ratio?
Athena Bitcoin Global (ABIT) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Athena Bitcoin Global's return on assets (ROA)?
Athena Bitcoin Global (ABIT) had a return on assets of -8.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Athena Bitcoin Global's Altman Z-Score?
Athena Bitcoin Global (ABIT) has an Altman Z-Score of 3.44, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Athena Bitcoin Global's Piotroski F-Score?
Athena Bitcoin Global (ABIT) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Athena Bitcoin Global's earnings high quality?
Athena Bitcoin Global (ABIT) has an earnings quality ratio of -2.09x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Athena Bitcoin Global cover its interest payments?
Athena Bitcoin Global (ABIT) has an interest coverage ratio of 1.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Athena Bitcoin Global?
Athena Bitcoin Global (ABIT) scores 26 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.