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Company price
0.04 CAD 0.00(0%)
Last update at 2026-11-03T14:30:00Z
Market Cap
24.92M

Momentum Score

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Bitcoin Well Inc. provides bitcoin and other cryptocurrency services in Canada. It operates through Bitcoin Automated Teller Machines (ATMs), Online Bitcoin Portal, and Bitcoin Well Infinite segments. The company owns and operates ATMs for bitcoin and related equipment; and provides associated services, such as selling, distributing, leasing, financing, installing, and servicing ATMs and related equipment. It also offers an online portal for individuals to buy, sell, and use bitcoin; electronic processing services; online bill payment solutions; and gift cards that can be purchased with bitcoin and other cryptocurrencies. In addition, the company provides consultation services to educate potential new customers on cryptocurrencies. Bitcoin Well Inc. was founded in 2013 and is headquartered in Edmonton, Canada.

Source: TradingView
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Day Price Range
0.04
Low
0.04
High
52 Week Price Range
0.07
Low
0.20
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Bitcoin Well Inc operates retail cryptocurrency on-ramps, including kiosk-based and digital services enabling customers to buy bitcoin, and appears positioned to grow with broader retail adoption, demand for cash-to-crypto access, and potential expansion of its service footprint. Investors may find it attractive as a way to gain company-level exposure to bitcoin adoption through transaction-driven fee income and physical retail distribution that could support recurring revenues.

Principal risks include sensitivity to cryptocurrency price and regulatory volatility, competition from exchanges and mobile platforms, dependence on transaction volumes, and execution and liquidity risk common to small-cap operators.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.04
Dividend Yield
-
Revenue TTM
132.96M
Revenue Per Share
0.52
Gross Profit TTM
4.81M
Debt / Equity
-
ROE
-7588.69%
Net Debt
32.74M
ROCE
-30.80%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -0.79M -17.78M -11.78M -5.21M -14.13M
Net income -0.79M -17.78M -12.02M -5.99M -13.60M
Selling general administrative 6.51M 5.81M 5.54M 8.01M 10.33M
Gross profit 4.96M 3.97M 4.83M 4.42M 5.17M
Reconciled depreciation 0.43M 0.65M 1.42M 2.16M 1.38M
Ebit - - - -5.81M -6.03M
Ebitda - - - -3.59M -6.63M
Operating income -2.55M -2.78M -2.34M -5.75M -8.02M
Interest expense 3.20M 2.57M 2.29M 1.73M 0.00M
Tax provision - 0.00M 0.24M 0.78M -0.53M
Net interest income -3.20M -2.57M -2.29M -1.73M -0.53M
Income tax expense - - - - -0.53M
Total revenue 132.96M 90.51M 54.53M 66.73M 99.61M
Total operating expenses 135.50M 93.29M 56.87M 72.48M 107.63M
Cost of revenue 128.00M 86.54M 49.71M 62.31M 94.44M
Total other income expense net 4.95M -12.43M -7.16M 2.27M -5.58M
Net income from continuing ops -0.79M -17.78M -12.02M -5.99M -13.60M
Net income applicable to common shares - - - - -13.60M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 29.91M 28.02M 14.91M 14.02M 23.56M
Intangible assets 0.04M 0.07M 0.34M 1.06M 4.63M
Other current assets - - - 6.04M 8.84M
Total liab 37.45M 41.02M 24.06M 19.86M 17.57M
Total stockholder equity -7.55M -12.99M -9.15M -5.83M 5.99M
Other current liab - - - - 0.20M
Common stock - - - - 11.94M
Capital stock 28.91M 15.37M 13.25M 12.10M 11.94M
Retained earnings -53.29M -52.50M -34.72M -22.69M -16.70M
Other liab - - - - 0.22M
Good will 0.11M 0.11M 0.11M 0.11M 0.41M
Other assets - - - - 0.41M
Cash 3.14M 2.88M 1.67M 3.95M 4.80M
Total current liabilities 21.64M 11.38M 7.01M 14.54M 17.22M
Net debt 32.74M 36.64M 21.39M 14.87M 10.95M
Short long term debt 20.09M 9.89M 6.01M 13.72M 15.65M
Other stockholder equity - - - - 8.95M
Property plant equipment - - - - 2.36M
Total current assets 29.63M 27.43M 13.66M 11.08M 14.81M
Long term investments - 0.00M 0.01M 0.35M 0.93M
Net tangible assets - - - - 0.95M
Short term investments 24.57M 22.37M 10.22M 6.00M 8.60M
Net receivables 0.13M 0.07M 0.57M 0.10M 0.48M
Long term debt 15.79M 29.62M 17.04M 5.10M 0.10M
Inventory 1.26M 1.38M 0.59M 0.71M 0.38M
Accounts payable 0.35M 0.27M 0.49M 0.28M 0.67M
Non current assets total 0.28M 0.59M 1.25M 2.94M 8.75M
Capital lease obligations 0.05M 0.04M 0.06M 0.04M 0.15M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -6.64M 1.06M 3.10M -0.72M -0.93M
Change to liabilities - - - 0.00M 0.12M
Total cashflows from investing activities - - - - -3.12M
Net borrowings -1.18M 1.15M -3.29M - -0.10M
Total cash from financing activities 11.35M 3.21M -1.89M 8.94M 6.30M
Change to operating activities - - - - -2.21M
Net income -0.79M -17.78M -12.02M -5.99M -13.60M
Change in cash 0.26M 1.21M -2.28M -0.85M 0.75M
Begin period cash flow 2.88M 1.67M 3.95M 4.80M 4.05M
End period cash flow 3.14M 2.88M 1.67M 3.95M 4.80M
Total cash from operating activities -4.37M -3.07M -3.56M -9.08M -2.43M
Issuance of capital stock 12.49M 1.98M 1.40M 0.00M 6.40M
Depreciation 0.43M 0.65M 1.42M 0.99M 0.99M
Dividends paid - - - - 0.00M
Change to inventory -0.02M -0.00M 0.12M -0.28M 4.68M
Change to account receivables 0.40M -0.01M -0.50M 0.26M -0.03M
Other cashflows from financing activities - - - - -0.13M
Change to netincome - - - - 7.65M
Capital expenditures 0.07M 0.00M 0.00M 0.71M 1.59M
Change in working capital 1.06M 1.16M -0.60M -3.40M 2.14M
Stock based compensation -0.29M 0.47M 0.48M 0.31M 0.53M
Other non cash items -1.89M 14.38M 7.41M -3.56M 5.77M
Free cash flow -4.44M -3.07M -3.56M -9.79M -5.06M

Peer Comparison*

Sector: Financial Services Industry: Capital Markets

Stock Name
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
-
-%
0.04 - - 0.19 2.18 0.28 12.91
NDA
Neptune Digital Assets Corp
-0.02
3.92%
0.49 - 78.74 71.60 2.25 81.07 83.90
DMGI
Dmg Blockchain Solutions Inc
-0.01
2.60%
0.38 - 5.29 1.28 0.64 1.68 9.44
HFC
Hampton Financial Corp
-
-%
0.24 - - 3.65 58.45 5.57 -19.75
SATO
SATO Technologies Corp
-0.01
18.18%
0.04 - - 0.99 1.88 1.39 16.57

Profile*

Bitcoin Well Inc

Bitcoin Well Inc. provides bitcoin and other cryptocurrency services in Canada. It operates through Bitcoin Automated Teller Machines (ATMs), Online Bitcoin Portal, and Bitcoin Well Infinite segments. The company owns and operates ATMs for bitcoin and related equipment; and provides associated services, such as selling, distributing, leasing, financing, installing, and servicing ATMs and related equipment. It also offers an online portal for individuals to buy, sell, and use bitcoin; electronic processing services; online bill payment solutions; and gift cards that can be purchased with bitcoin and other cryptocurrencies. In addition, the company provides consultation services to educate potential new customers on cryptocurrencies. Bitcoin Well Inc. was founded in 2013 and is headquartered in Edmonton, Canada.

10138 - 82 Avenue N.W, Edmonton, AB, Canada, T6E 1Z4

888 711 3866

16

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
Mr. Jason Neil Vandenberg C.A., CPA Chief Financial Officer 1977

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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