B. Riley Weighs in on Bitcoin Depot FY2025 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Stock analysts at B. Riley issued their FY2025 EPS estimates for Bitcoin Depot in a research report issued to clients and investors on Thursday, November 14th. B. Riley analyst H. Goetsch expects 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 released its quarterly earnings results on Thursday, August 15th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.16). Bitcoin Depot had a negative return on equity of 307.37% and a negative net margin of 3.10%. The company had revenue of $163.07 million during the quarter, compared to the consensus estimate of $148.49 million.

Other research analysts also recently issued research reports about the stock. Noble Financial raised shares of Bitcoin Depot to a “strong-buy” rating in a research report on Thursday, October 17th. HC Wainwright decreased their price objective on Bitcoin Depot from $4.00 to $3.50 and set a “buy” rating for the company in a report on Thursday, August 15th.

Bitcoin Depot Price Performance

BTM opened at $2.00 on Friday. The firm has a market capitalization of $120.22 million, a PE ratio of -1.53 and a beta of -0.33. The business’s 50-day moving average is $1.63 and its two-hundred day moving average is $1.72. Bitcoin Depot has a 1 year low of $1.33 and a 1 year high of $3.70. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.16 and a quick ratio of 1.16.

Insider Buying and Selling

In other Bitcoin Depot news, COO Christopher Scott Buchanan sold 20,000 shares of Bitcoin Depot stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $1.56, for a total transaction of $31,200.00. Following the completion of the sale, the chief operating officer now owns 241,276 shares of the company’s stock, valued at approximately $376,390.56. The trade was a 7.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 50,100 shares of company stock worth $77,051 in the last three months. Corporate insiders own 70.23% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Shaolin Capital Management LLC raised its holdings 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 worth $1,326,000 after purchasing an additional 49,600 shares during the last quarter. Renaissance Technologies LLC grew its position in Bitcoin Depot by 122.1% during the 2nd quarter. Renaissance Technologies LLC now owns 47,300 shares of the company’s stock worth $85,000 after purchasing an additional 26,000 shares during the period. Finally, Walleye Capital LLC raised its stake in shares of Bitcoin Depot by 110.1% during the 3rd 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 last quarter. 9.18% of the stock is currently owned by hedge funds and other institutional investors.

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.