Athena Bitcoin Global (ABIT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed May 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ABIT SEC filings page.
Athena Bitcoin Global (ABIT) reported $199.2M in revenue over the twelve months to Mar 31, 2026, down 28.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Revenue contracted while costs became less flexible, turning profitable FY2024 into near-break-even operations and a net loss in FY2025.
Revenue fell17.8% , while gross profit fell34.6% , indicating margin pressure beyond the top-line contraction. SG&A rose44.8% , helping push operating margin down6.3 percentage points and leaving little operating cushion.
Operating cash flow was
Liabilities were
Financial Health Signals
We do not publish a peer-relative financial health score for Athena Bitcoin Global, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
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.
Athena Bitcoin Global earns $1.37 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 $37.2M in revenue in Q1 2026. This represents a decrease of 48.8% from the same quarter a year earlier. Against the prior quarter it is down 10.9%.
Athena Bitcoin Global's EBITDA was $2.1M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 66.9% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Athena Bitcoin Global reported a net loss of $467K in Q1 2026. This represents a decrease of 117.8% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Athena Bitcoin Global earned $0.00 per diluted share (EPS) in Q1 2026. This represents a decrease of 116.7% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Athena Bitcoin Global held $14.8M in cash against $2.7M in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Athena Bitcoin Global's gross margin was 5.9% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 5.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Athena Bitcoin Global's operating margin was -0.8% in Q1 2026, reflecting core business profitability. This is down 6.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 19.9 percentage points.
Athena Bitcoin Global's net profit margin was -1.3% in Q1 2026, showing the share of revenue converted to profit. This is down 4.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 16.9 percentage points.
Athena Bitcoin Global's quarterly ROE was -3.1% in Q1 2026: one quarter's net income over shareholder equity, not annualized. This is down 14.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 46.4 percentage points.
Capital Allocation
Athena Bitcoin Global invested $455K in research and development in Q1 2026. This represents a decrease of 0.7% from the same quarter a year earlier. Against the prior quarter it is up 67.3%.
Not reported for Q1 2026.
Not reported for Q1 2026.
ABIT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.2M-48.8% | $41.7M-34.4% | $57.4M-17.3% | $62.8M-11.4% | $72.6M-10.8% | $63.7M | $69.4M | $70.9M |
| Cost of Revenue | $35.0M-45.7% | $40.0M-30.1% | $50.2M-18.1% | $55.0M-9.3% | $64.5M-5.3% | $57.3M | $61.3M | $60.7M |
| Gross Profit | $2.2M-73.2% | $1.7M-73.1% | $7.2M-10.8% | $7.8M-23.8% | $8.1M-39.0% | $6.4M | $8.1M | $10.2M |
| R&D Expenses | $455K-0.7% | $272K-39.0% | $431K+14.6% | $392K+18.4% | $458K+131.3% | $446K | $376K | $331K |
| SG&A Expenses | $1.9M-46.7% | $6.8M+88.7% | $3.7M+13.2% | $3.9M+45.1% | $3.5M+24.5% | $3.6M | $3.2M | $2.7M |
| Operating Income | -$280K-106.3% | -$8.6Mn/m | $2.9M-30.5% | $2.4M-66.1% | $4.4M-56.1% | -$1.9M | $4.1M | $7.0M |
| EBITDA | $2.1M-66.9% | -$4.8Mn/m | $4.8M-13.6% | $4.2M-48.0% | $6.4M-41.5% | -$75K | $5.5M | $8.1M |
| Interest Expense | $6K-97.9% | $43K-76.9% | $170K-15.4% | $250K-27.7% | $282K-75.5% | $186K | $201K | $346K |
| Income Tax | $58K-94.3% | -$1.5Mn/m | -$603K-149.3% | $383K-82.3% | $1.0M-53.8% | -$876K | $1.2M | $2.2M |
| Net Income | -$467K-117.8% | -$7.6Mn/m | -$2.5M-208.7% | $1.4M-64.6% | $2.6M-56.6% | -$1.9M | $2.3M | $3.9M |
| EPS (Basic) | $0.00-116.7% | $0.00n/m | $0.00-200.0% | $0.00-70.0% | $0.00-60.0% | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00-116.7% | $0.00n/m | $0.00-220.0% | $0.00-66.7% | $0.00-57.1% | $0.00 | $0.00 | $0.00 |
| Diluted Shares (Avg) | 4.10B-8.3% | N/A | 4.10B-8.1% | 4.35B-2.6% | 4.46B0.0% | N/A | 4.46B | 4.46B |
ABIT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $58.1M-23.3% | $69.5M-11.0% | $77.2M | $75.0M | $75.8M | $78.0M | N/A | N/A |
| Current Assets | $19.1M-20.7% | $24.2M+5.5% | $24.9M | $25.3M | $24.1M | $22.9M | N/A | N/A |
| Cash & Equivalents | $14.8M-19.1% | $11.4M-35.0% | $14.6M-30.2% | $17.4M-16.8% | $18.3M-9.3% | $17.5M | $20.9M | $20.9M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 |
| Accounts Receivable | $195K-87.2% | $4.1M+204.8% | $3.1M | $2.4M | $1.5M | $1.3M | N/A | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 |
| Total Liabilities | $43.3M-16.4% | $54.2M-4.4% | $54.3M | $49.6M | $51.8M | $56.7M | N/A | N/A |
| Current Liabilities | $25.7M-6.4% | $33.4M+31.4% | $30.7M | $25.8M | $27.4M | $25.4M | N/A | N/A |
| Non-Current Liabilities | $17.6M-27.6% | $20.8M-33.6% | $23.6M | $23.8M | $24.4M | $31.2M | N/A | N/A |
| Long-Term Debt | $2.7M-66.8% | $4.4M+45.5% | $8.7M | $7.5M | $8.1M | $3.0M | N/A | N/A |
| Total Equity | $14.8M-38.2% | $15.3M-28.4% | $22.9M-1.6% | $25.4M+20.8% | $24.0M+40.7% | $21.4M | $23.3M | $21.0M |
| Retained Earnings | -$964K-111.8% | -$497K-109.0% | $7.1M | $9.5M | $8.2M | $5.5M | N/A | N/A |
Not reported in any period shown, so not listed: Inventory, Goodwill.
ABIT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4M-67.6% | $4.9Mn/m | $2.4M-71.5% | $1.1M-60.5% | $4.2M-42.3% | -$739K | $8.3M | $2.8M |
| Depreciation & Amortization | $2.4M+20.0% | $2.6M+35.0% | $1.9M+37.0% | $1.8M+68.6% | $2.0M+121.1% | $2.0M | $1.4M | $1.1M |
| Stock-Based Compensation | $0n/m | N/A | $0n/m | $0n/m | $0n/m | N/A | $0 | $0 |
| Investing Cash Flow | -$18Kn/m | -$2.8Mn/m | -$318Kn/m | -$266Kn/m | -$552Kn/m | -$443K | -$6.5M | -$1.3M |
| Financing Cash Flow | -$1.7Mn/m | -$4.3Mn/m | -$4.6Mn/m | -$614Kn/m | -$1.5Mn/m | -$3.1M | -$1.3M | -$444K |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
ABIT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 5.9%-5.3pp | 4.1%-5.9pp | 12.6%+0.9pp | 12.4%-2.0pp | 11.2%-5.2pp | 10.0% | 11.7% | 14.4% |
| Operating Margin | -0.8%-6.8pp | -20.7%-17.7pp | 5.0%-1.0pp | 3.8%-6.1pp | 6.1%-6.3pp | -2.9% | 5.9% | 9.8% |
| Net Margin | -1.3%-4.9pp | -18.2%-15.2pp | -4.3%-7.5pp | 2.2%-3.3pp | 3.6%-3.8pp | -3.0% | 3.3% | 5.5% |
| Return on Equity | -3.1%-14.1pp | -49.6%-40.6pp | -10.7%-20.4pp | 5.4%-13.2pp | 10.9%-24.5pp | -9.0% | 9.7% | 18.6% |
| Return on Assets | -0.8%-4.3pp | -10.9%-8.5pp | -3.2% | 1.8% | 3.5% | -2.5% | N/A | N/A |
| Current Ratio | 0.75-0.1x | 0.72-0.2x | 0.81 | 0.98 | 0.88 | 0.90 | N/A | N/A |
| Debt-to-Equity | 0.18-0.2x | 0.29+0.1x | 0.38 | 0.30 | 0.34 | 0.14 | N/A | N/A |
| Liabilities-to-Equity | 2.92+0.8x | 3.54+0.9x | 2.37 | 1.96 | 2.16 | 2.65 | N/A | N/A |
| Asset Turnover | 0.64-0.3x | 0.60-0.2x | 0.74 | 0.84 | 0.96 | 0.82 | N/A | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Note: The current ratio is below 1.0 (0.72), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Athena Bitcoin Global ABIT | FY2025 | $234.6M | -$6.0M | -2.6% | $410K | — |
| NetBrands Corp NBND | FY2025 | $18K | N/A | N/A | $212K | — |
| BlackStar Enterprise Grp BEGI | FY2024 | N/A | -$1.5M | N/A | $298K | — |
Where Athena Bitcoin Global Ranks
Frequently Asked Questions
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.
Athena Bitcoin Global (ABIT) revenue declined by 17.8% year-over-year, from $285.4M to $234.6M in fiscal year 2025.
No, Athena Bitcoin Global (ABIT) reported a net loss of $9.1M over the trailing 12 months to March 31, 2026. In fiscal year 2025 it reported a net loss of $6.0M, with a net profit margin of -2.6%.
Athena Bitcoin Global (ABIT) had EBITDA of $10.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Athena Bitcoin Global (ABIT) had $11.4M in cash and equivalents against $4.4M in long-term debt.
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.
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.
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.
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.
Athena Bitcoin Global (ABIT) generated $12.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Athena Bitcoin Global (ABIT) had $69.5M in total assets as of fiscal year 2025, including both current and long-term assets.
Athena Bitcoin Global (ABIT) invested $1.6M in research and development during fiscal year 2025.
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.
Athena Bitcoin Global (ABIT) had a debt-to-equity ratio of 0.29 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Athena Bitcoin Global (ABIT) had a liabilities-to-equity ratio of 3.54 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
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.
Athena Bitcoin Global (ABIT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to March 31, 2026). The market capitalization is $410K as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Athena Bitcoin Global (ABIT) trades at 0.0x sales, its market capitalization divided by $199.2M revenue, trailing 12 months to March 31, 2026. The market capitalization is $410K as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Athena Bitcoin Global (ABIT) has an interest coverage ratio of 1.37x, 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.