What is Abits Group Inc.'s earnings per share (EPS)?

Abits Group Inc. (ABTS) reported diluted earnings per share of $-1.21 for fiscal year 2025. This represents a -210.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Abits Group Inc. Financials

ABTS

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Abits Group Inc. (ABTS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).

Rhea AI ABTS FY2024 2026-04-29

Rapid sales scaling is making losses far smaller, but reinvestment still absorbs the cash this business produces.

From FY2023 to FY2024, gross margin fell from 72.9% to 50.3% even as revenue expanded sharply, pointing to a lower-margin revenue mix and showing that newer sales are less lucrative per dollar sold. Yet the net loss narrowed from -$12.6M to -$910K, which implies fixed-cost absorption improved much faster than unit economics as overhead was spread across a larger revenue base.

FY2024 ended with just $990K of total liabilities against $10.4M of equity, giving the company a light creditor burden despite continuing losses. That makes the balance sheet's main message financing flexibility: the pressure point is funding investment with internal cash, not meeting large debt claims.

FY2024 operating cash flow of $1.9M still became -$680K of free cash flow, so earnings quality is improving faster than cash generation. With depreciation at $2.6M and capital spending also near $2.6M, the business looks asset-heavy enough that a better income statement does not automatically create spare cash.

Financial Health Signals

Financial Profile 50/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Abits Group Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

100

Abits Group Inc. has an operating margin of 40.3%, meaning the company retains $40 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is down from 50.3% the prior year.

Growth

100

Abits Group Inc.'s revenue surged 36.0% year-over-year to $9.1M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

100

Abits Group Inc. carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Abits Group Inc.'s current ratio of 0.33 is below the typical benchmark, resulting in a score of 1/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Abits Group Inc. generated $1.4M in operating cash flow, capex of $3.1M consumed most of it, leaving -$1.7M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Abits Group Inc. generates a -36.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -8.8% the prior year.

Altman Z-Score Distress

-8.24

Abits Group Inc. scores -8.24, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.5M) relative to total liabilities ($3.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral

4/9

Abits Group Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-0.49x

For every $1 of reported earnings, Abits Group Inc. generates $-0.49 in operating cash flow ($1.4M OCF vs -$2.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$9.1M

YoY+36.0%

5Y CAGR+57.3%

Abits Group Inc. generated $9.1M in revenue in fiscal year 2025. This represents an increase of 36.0% from the prior year.

EBITDA

$7.2M

YoY+19.9%

Abits Group Inc.'s EBITDA was $7.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 19.9% from the prior year.

Net Income

-$2.9M

YoY-215.4%

Abits Group Inc. reported -$2.9M in net income in fiscal year 2025. This represents a decrease of 215.4% from the prior year.

EPS (Diluted)

$-1.21

YoY-210.3%

Abits Group Inc. earned $-1.21 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 210.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.7M

YoY-148.2%

Abits Group Inc. generated -$1.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 148.2% from the prior year.

Cash & Debt

$84K

YoY-92.5%

5Y CAGR+74.0%

Abits Group Inc. held $84K in cash against $375K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY-0.0%

5Y CAGR-31.9%

Abits Group Inc. had 2M shares outstanding in fiscal year 2025. This represents a decrease of 0.0% from the prior year.

Margins & Returns

Gross Margin

40.3%

YoY-10.0pp

Abits Group Inc.'s gross margin was 40.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 10.0 percentage points from the prior year.

Operating Margin

40.3%

YoY-10.0pp

5Y CAGR+32.6pp

Abits Group Inc.'s operating margin was 40.3% in fiscal year 2025, reflecting core business profitability. This is down 10.0 percentage points from the prior year.

Net Margin

-31.4%

YoY-17.9pp

5Y CAGR-39.1pp

Abits Group Inc.'s net profit margin was -31.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 17.9 percentage points from the prior year.

Return on Equity

-36.9%

YoY-28.1pp

5Y CAGR-55.0pp

Abits Group Inc.'s ROE was -36.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 28.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$3.1M

YoY+19.4%

Abits Group Inc. invested $3.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 19.4% from the prior year.

ABTS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$9.1M+36.0%	$6.7M+299.1%	$1.7M+922.7%	$164K-25.0%	$219K-76.8%	$946K
Cost of Revenue	$5.5M+63.4%	$3.3M+632.4%	$455K+26.0%	$361K	N/A	N/A
Gross Profit	$3.7M+8.9%	$3.4M+175.3%	$1.2M+722.2%	-$197K	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.5M+22.1%	$2.1M+41.9%	$1.5M-41.2%	$2.5M+31.3%	$1.9M+117.9%	$874K
Operating Income	$3.7M+8.9%	$3.4M+175.3%	$1.2M+722.2%	-$197K+93.1%	-$2.9M-4041.6%	$73K
Interest Expense	N/A	N/A	N/A	N/A	$62K	N/A
Income Tax	$103K-7.3%	$111K	$0	N/A	N/A	N/A
Net Income	-$2.9M-215.4%	-$910K+92.8%	-$12.6M+41.5%	-$21.5M-685.4%	-$2.7M-3867.9%	$73K
EPS (Diluted)	$-1.21-210.3%	$-0.39+92.7%	$-5.32+44.4%	$-9.56	N/A	N/A

Metric	Q4'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ABTS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$10.9M-4.0%	$11.4M-7.7%	$12.3M-49.8%	$24.5M+217.1%	$7.7M+237.0%	$2.3M
Current Assets	$901K-46.3%	$1.7M+1.2%	$1.7M-66.1%	$4.9M+78.7%	$2.7M+19.2%	$2.3M
Cash & Equivalents	$84K-92.5%	$1.1M+26.5%	$884K-64.7%	$2.5M-0.1%	$2.5M+47669.2%	$5K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	$230K-84.3%	$1.5M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.1M+216.4%	$990K-1.5%	$1.0M+63.9%	$613K-47.6%	$1.2M-38.2%	$1.9M
Current Liabilities	$2.8M+178.5%	$990K-1.5%	$1.0M	N/A	$1.2M-38.2%	$1.9M
Long-Term Debt	$375K	N/A	N/A	N/A	N/A	N/A
Total Equity	$7.8M-25.0%	$10.4M-8.2%	$11.3M-52.7%	$23.9M+264.2%	$6.6M+1538.6%	$401K
Retained Earnings	-$81.7M-3.6%	-$78.8M-1.2%	-$77.9M-19.3%	-$65.3M-49.1%	-$43.8M-7.7%	-$40.7M

Metric	Q4'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Total Assets	$10.9M-4.0%	$11.4M-6.8%	$12.2M-0.9%	$12.3M-41.3%	$21.0M-14.4%	$24.5M-45.9%	$45.4M+486.2%	$7.7M
Current Assets	$901K-46.3%	$1.7M+118.6%	$767K-53.7%	$1.7M-67.0%	$5.0M+2.8%	$4.9M-29.9%	$7.0M+155.0%	$2.7M
Cash & Equivalents	$84K-92.5%	$1.1M+182.1%	$397K-55.1%	$884K-42.5%	$1.5M-38.6%	$2.5M-56.8%	$5.8M+131.3%	$2.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	$649K+182.7%	$230K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.1M+216.4%	$990K+7.6%	$921K-8.4%	$1.0M+85.8%	$541K-11.8%	$613K+409.0%	$121K-89.7%	$1.2M
Current Liabilities	$2.8M+178.5%	$990K	N/A	$1.0M	N/A	N/A	N/A	$1.2M
Long-Term Debt	$375K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$7.8M-25.0%	$10.4M-8.0%	$11.3M-0.3%	$11.3M-44.7%	$20.5M-14.5%	$23.9M-47.1%	$45.2M+588.8%	$6.6M
Retained Earnings	-$81.7M-3.6%	-$78.8M-1.1%	-$77.9M0.0%	-$77.9M-13.2%	-$68.8M-5.4%	-$65.3M-46.1%	-$44.7M-2.1%	-$43.8M

ABTS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.4M-26.3%	$1.9M+9.2%	$1.8M+124.0%	-$7.3M-563.6%	-$1.1M+36.4%	-$1.7M
Capital Expenditures	$3.1M+19.4%	$2.6M-71.9%	$9.3M-69.9%	$30.7M	N/A	N/A
Free Cash Flow	-$1.7M-148.2%	-$680K+90.9%	-$7.5M+80.3%	-$38.0M	N/A	N/A
Investing Cash Flow	-$4.3M-160.6%	-$1.7M+50.5%	-$3.4M+89.7%	-$32.7M	N/A	N/A
Financing Cash Flow	$1.9M	N/A	N/A	$40.0M+1012.2%	$3.6M+217.0%	$1.1M
Dividends Paid	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

Metric	Q4'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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

ABTS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	40.3%-10.0pp	50.3%-22.6pp	72.9%+192.8pp	-119.8%	N/A	N/A
Operating Margin	40.3%-10.0pp	50.3%-22.6pp	72.9%+192.8pp	-119.8%+1186.9pp	-1306.8%-1314.5pp	7.7%
Net Margin	-31.4%-17.9pp	-13.6%+734.9pp	-748.4%+12339.4pp	-13087.9%-11838.7pp	-1249.2%-1256.9pp	7.7%
Return on Equity	-36.9%-28.1pp	-8.8%+102.5pp	-111.3%-21.3pp	-90.0%-48.3pp	-41.7%-59.9pp	18.1%
Return on Assets	-26.3%-18.3pp	-8.0%+94.2pp	-102.2%-14.5pp	-87.7%-52.3pp	-35.4%-38.6pp	3.2%
Current Ratio	0.33-1.4	1.69+0.0	1.65	N/A	2.34+1.1	1.21
Debt-to-Equity	0.05-0.0	0.100.0	0.09+0.1	0.03-0.2	0.18-4.5	4.73
FCF Margin	-18.5%-8.3pp	-10.1%+435.6pp	-445.7%+22678.4pp	-23124.1%	N/A	N/A

Metric	Q4'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22	Q4'21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.33-1.4	1.69	N/A	1.65	N/A	N/A	N/A	2.34
Debt-to-Equity	0.05-0.0	0.10+0.0	0.080.0	0.09+0.1	0.030.0	0.03+0.0	0.00-0.2	0.18
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 (0.33), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Abits Group Inc.'s annual revenue?

Abits Group Inc. (ABTS) reported $9.1M in total revenue for fiscal year 2025. This represents a 36.0% 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 Abits Group Inc.'s revenue growing?

Abits Group Inc. (ABTS) revenue grew by 36% year-over-year, from $6.7M to $9.1M in fiscal year 2025.

Is Abits Group Inc. profitable?

No, Abits Group Inc. (ABTS) reported a net income of -$2.9M in fiscal year 2025, with a net profit margin of -31.4%.

What is Abits Group Inc.'s EBITDA?

Abits Group Inc. (ABTS) had EBITDA of $7.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Abits Group Inc. have?

As of fiscal year 2025, Abits Group Inc. (ABTS) had $84K in cash and equivalents against $375K in long-term debt.

What is Abits Group Inc.'s gross margin?

Abits Group Inc. (ABTS) had a gross margin of 40.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Abits Group Inc.'s operating margin?

Abits Group Inc. (ABTS) had an operating margin of 40.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Abits Group Inc.'s net profit margin?

Abits Group Inc. (ABTS) had a net profit margin of -31.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Abits Group Inc.'s return on equity (ROE)?

Abits Group Inc. (ABTS) has a return on equity of -36.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Abits Group Inc.'s free cash flow?

Abits Group Inc. (ABTS) generated -$1.7M in free cash flow during fiscal year 2025. This represents a -148.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Abits Group Inc.'s operating cash flow?

Abits Group Inc. (ABTS) generated $1.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Abits Group Inc.'s total assets?

Abits Group Inc. (ABTS) had $10.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Abits Group Inc.'s capital expenditures?

Abits Group Inc. (ABTS) invested $3.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Abits Group Inc. have outstanding?

Abits Group Inc. (ABTS) had 2M shares outstanding as of fiscal year 2025.

What is Abits Group Inc.'s current ratio?

Abits Group Inc. (ABTS) had a current ratio of 0.33 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Abits Group Inc.'s debt-to-equity ratio?

Abits Group Inc. (ABTS) had a debt-to-equity ratio of 0.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Abits Group Inc.'s return on assets (ROA)?

Abits Group Inc. (ABTS) had a return on assets of -26.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Abits Group Inc.'s Altman Z-Score?

Abits Group Inc. (ABTS) has an Altman Z-Score of -8.24, placing it in the Distress Zone (elevated 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 Abits Group Inc.'s Piotroski F-Score?

Abits Group Inc. (ABTS) has a Piotroski F-Score of 4 out of 9, indicating neutral 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.

Are Abits Group Inc.'s earnings high quality?

Abits Group Inc. (ABTS) has an earnings quality ratio of -0.49x, 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.

How financially healthy is Abits Group Inc.?

Abits Group Inc. (ABTS) scores 50 out of 100 on our Financial Profile, indicating moderate 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.