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Bitcoin Well Inc

Financial Services CA BTCW

0.165CAD
0.005(3.12%)

Last update at 2024-12-19T17:38:00Z

Day Range

0.160.18
LowHigh

52 Week Range

0.030.25
LowHigh

Fundamentals

  • Previous Close 0.16
  • Market Cap33.64M
  • Volume171655
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-1.88148M
  • Revenue TTM66.45M
  • Revenue Per Share TTM0.33
  • Gross Profit TTM 5.30M
  • Diluted EPS TTM-0.07

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -5.21333M -14.13142M -2.41749M 0.12M
Minority interest - - - -
Net income -5.99150M -13.60281M -2.74302M 0.12M
Selling general administrative 8.01M 10.33M 4.82M 1.09M
Selling and marketing expenses - - - -
Gross profit 4.42M 5.17M 7.29M 1.65M
Reconciled depreciation 2.16M 1.38M 0.52M 0.23M
Ebit -5.80814M -6.02952M 1.52M 0.28M
Ebitda -3.58962M -6.63468M 2.48M 0.57M
Depreciation and amortization - - - -
Non operating income net other - - - -
Operating income -5.74943M -8.01890M 1.94M 0.31M
Other operating expenses - - - -
Interest expense 1.73M 0.00000M 0.00000M 0.00000M
Tax provision 0.78M -0.52861M 0.33M 0.00000M
Interest income - - - -
Net interest income -1.72978M -0.52956M -0.44881M -0.03000M
Extraordinary items - - - -
Non recurring - - - -
Other items - - - -
Income tax expense - -0.52861M 0.33M -
Total revenue 66.73M 99.61M 51.97M 14.54M
Total operating expenses 72.48M 107.63M 50.03M 14.23M
Cost of revenue 62.31M 94.44M 44.68M 12.89M
Total other income expense net 2.27M -5.58296M -3.90572M -0.15826M
Discontinued operations - - - -
Net income from continuing ops -5.99150M -13.60281M -2.74302M 0.12M
Net income applicable to common shares - -13.60281M -2.74302M 0.12M
Preferred stock and other adjustments - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 14.91M 14.02M 23.56M 12.12M 2.27M
Intangible assets 0.34M 1.06M 4.63M 0.81M -
Earning assets - - - - -
Other current assets - 6.04M 8.84M 0.04M -
Total liab 24.06M 19.86M 17.57M 13.00M 2.45M
Total stockholder equity -9.15059M -5.83173M 5.99M -0.87220M -0.18147M
Deferred long term liab - - - - -
Other current liab - - 0.20M 0.33M -
Common stock - - 11.94M 1.92M 0.00001M
Capital stock 13.25M 12.10M 11.94M 1.92M 0.00001M
Retained earnings -34.71809M -22.69377M -16.70227M -3.09946M -0.18168M
Other liab - - 0.22M 0.09M -
Good will 0.11M 0.11M 0.41M - -
Other assets - - 0.41M 0.20M -
Cash 1.67M 3.95M 4.80M 4.05M 1.17M
Cash and equivalents - - - - -
Total current liabilities 7.01M 14.54M 17.22M 12.79M 2.31M
Current deferred revenue - - - - -
Net debt 21.39M 14.87M 10.95M 7.38M 0.85M
Short term debt - - - - -
Short long term debt 6.01M 13.72M 15.65M 11.40M 2.02M
Short long term debt total - - - - -
Other stockholder equity - - 8.95M - -
Property plant equipment - - 2.36M 1.26M 0.89M
Total current assets 13.66M 11.08M 14.81M 9.85M 1.38M
Long term investments 0.01M 0.35M 0.93M - -
Net tangible assets - - 0.95M -1.68016M -0.18147M
Short term investments 10.22M 6.00M 8.60M - -
Net receivables 0.57M 0.10M 0.48M 0.70M 0.08M
Long term debt 17.04M 5.10M 0.10M 0.04M -
Inventory 0.59M 0.71M 0.38M 4.93M 0.09M
Accounts payable 0.49M 0.28M 0.67M 0.41M 0.04M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total 1.25M 2.94M 8.75M 2.27M 0.88M
Capital lease obligations 0.06M 0.04M 0.15M 0.17M 0.22M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -0.72086M -0.92900M -0.92900M -0.92900M
Change to liabilities 0.00000M 0.12M 0.77M -0.49973M
Total cashflows from investing activities - -3.12160M -1.70294M -0.36763M
Net borrowings - -0.09922M 4.95M 0.58M
Total cash from financing activities 8.94M 6.30M 6.66M 0.43M
Change to operating activities - -2.20686M -0.03577M 0.00065M
Net income -5.99150M -13.60281M -2.74302M 0.12M
Change in cash -0.85332M 0.75M 2.88M -0.08153M
Begin period cash flow 4.80M 4.05M 1.17M 1.26M
End period cash flow 3.95M 4.80M 4.05M 1.17M
Total cash from operating activities -9.07646M -2.43115M -2.07875M -0.13898M
Issuance of capital stock 0.00000M 6.40M 1.92M 0.00000M
Depreciation 0.99M 0.99M 0.54M 0.23M
Other cashflows from investing activities - - -0.01000M -0.01000M
Dividends paid - 0.00000M 0.21M 0.15M
Change to inventory -0.27613M 4.68M -4.83932M -0.04643M
Change to account receivables 0.26M -0.03421M -0.06979M 0.02M
Sale purchase of stock - - - -
Other cashflows from financing activities - -0.12617M -0.12617M -0.12617M
Change to netincome - 7.65M 4.30M 0.04M
Capital expenditures 0.71M 1.59M 0.67M 0.37M
Change receivables - - - -
Cash flows other operating - - - -
Exchange rate changes - - - -
Cash and cash equivalents changes - - - -
Change in working capital -3.40295M 2.14M -4.17758M -0.52616M
Stock based compensation 0.31M 0.53M 0.30M 0.00000M
Other non cash items -3.55645M 5.77M 0.02M 0.03M
Free cash flow -9.79126M -5.05959M -7.41121M -0.50661M

Peer Comparison

Sector: Financial Services Industry: Capital Markets

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BTCW
Bitcoin Well Inc
0.005 3.12% 0.17 - - 0.51 2.18 0.68 -3.911
HIVE
HIVE Blockchain Technologies Ltd
-0.31 6.22% 4.67 - 84.75 6.16 2.00 4.34 13.25
NDA
Neptune Digital Assets Corp
-0.09 8.41% 0.98 - 4.39 62.76 2.19 54.69 -20.4085
DMGI
Dmg Blockchain Solutions Inc
-0.03 7.32% 0.38 - 5.29 2.63 0.96 3.01 5.42
DGHI
Digihost Technology Inc
-0.14 5.11% 2.60 - 1.76 2.21 2.17 2.39 5.11

Reports Covered

Stock Research & News

Profile

Bitcoin Well Inc. provides bitcoin and other cryptocurrency services in Canada. It operates through two segments, Automated Teller Machines (ATMs) and Online Portal. The company owns and operates a network of Bitcoin ATMs for the buying and selling of bitcoin and other cryptocurrencies. It also offers an online portal for individuals to buy, sell, and use bitcoin online; bill payment services through its online platform; and gift cards and other prepaid debit cards that can be purchased with bitcoin and other cryptocurrencies. In addition, the company offers consultation services on cryptocurrencies. Bitcoin Well Inc. was founded in 2013 and is headquartered in Edmonton, Canada.

Bitcoin Well Inc

10142 - 82 Avenue N.W, Edmonton, AB, Canada, T6E 1Z4

Key Executives

Name Title Year Born
Mr. Adam O'Brien Founder, Pres, CEO & Director NA
Mr. David Bradley Chief Revenue Officer & Director NA
Mr. Allen D. Stephen C.A., CPA, CA, CPA, M.B.A. Chief Financial Officer NA
Mr. Myles Dougan Director of Investor Relations NA
Karen Smola Director of Marketing NA
Heather Barnhouse Corp. Sec. NA
Mr. Adam O'Brien Founder, President, CEO & Director NA
Mr. Jason Neil Vandenberg C.A., CPA, CA Chief Financial Officer 1977
Heather Barnhouse Corporate Secretary NA

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