Bitcoin Depot Inc. (BTMCQ) - Net Assets
Based on the latest financial reports, Bitcoin Depot Inc. (BTMCQ) has net assets worth $11.42 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($130.57 Million) and total liabilities ($119.16 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Bitcoin Depot Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.42 Million |
| % of Total Assets | 8.74% |
| Annual Growth Rate | 6.53% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 137.57 |
Bitcoin Depot Inc. - Net Assets Trend (2022–2025)
This chart illustrates how Bitcoin Depot Inc.'s net assets have evolved over time, based on quarterly financial data. See Bitcoin Depot Inc. (BTMCQ) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bitcoin Depot Inc. (2022–2025)
The table below shows the annual net assets of Bitcoin Depot Inc. from 2022 to 2025. For live valuation and market cap data, see Bitcoin Depot Inc. (BTMCQ) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.42 Million | +169.25% |
| 2024-12-31 | $-16.49 Million | -275.89% |
| 2023-12-31 | $9.37 Million | -0.75% |
| 2022-12-31 | $9.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bitcoin Depot Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4961200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $61.87 Million | 504.76% |
| Total Equity | $12.26 Million | 100.00% |
Bitcoin Depot Inc. Competitors by Market Cap
The table below lists competitors of Bitcoin Depot Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CIMG Inc
NASDAQ:IMG
|
$774.18K |
|
SolarWorld Aktiengesellschaft
HM:SWVK
|
$774.59K |
|
Europejskie Centrum Odszkodowań SA
WAR:EUC
|
$786.01K |
|
ENGAGE XR HLDGS EO-001
F:6VR
|
$787.24K |
|
Agronomics Ltd
LSE:ANIC
|
$772.61K |
|
AI Era Corp.
NASDAQ:ABQQD
|
$772.11K |
|
HYDRIX Ltd
AU:HYD
|
$772.01K |
|
Sentoria Group Bhd
KLSE:5213
|
$770.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bitcoin Depot Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -23,632,000 to 12,257,000, a change of 35,889,000.
- Net loss of 6,182,000 reduced equity.
- Dividend payments of 10,102,000 reduced retained earnings.
- New share issuances of 35,108,000 increased equity.
- Other factors increased equity by 17,065,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.18 Million | -50.44% |
| Dividends Paid | $10.10 Million | -82.42% |
| Share Issuances | $35.11 Million | +286.43% |
| Other Changes | $17.07 Million | +139.23% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Bitcoin Depot Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.11x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $4.09 | $0.13 | x |
| 2023-12-31 | $-8.21 | $0.13 | x |
| 2024-12-31 | $-5.30 | $0.13 | x |
| 2025-12-31 | $1.18 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bitcoin Depot Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -50.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.01%
- • Asset Turnover: 4.71x
- • Equity Multiplier: 10.65x
- Recent ROE (-50.44%) is below the historical average (-12.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 6.93x | 12.95x | $-721.40K |
| 2023 | 0.00% | -3.79% | 9.27x | 0.00x | $-24.52 Million |
| 2024 | 0.00% | -2.04% | 7.16x | 0.00x | $-9.32 Million |
| 2025 | -50.44% | -1.01% | 4.71x | 10.65x | $-7.41 Million |
Industry Comparison
This section compares Bitcoin Depot Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $130,835,790
- Average return on equity (ROE) among peers: -5.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bitcoin Depot Inc. (BTMCQ) | $11.42 Million | 0.00% | 10.44x | $773.05K |
| American Bitcoin Corp (ABTC) | $665.82 Million | -23.00% | 0.87x | $276.14 Million |
| Abits Group Inc. (ABTS) | $10.38 Million | -8.98% | 0.10x | $3.23 Million |
| Sphere 3D Corp (ANY) | $339.82K | -25.22% | 0.03x | $21.08 Million |
| Argo Blockchain PLC ADR (ARBK) | $272.27 Million | 14.35% | 0.43x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-810.06K | 0.00% | 0.00x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $4.01 Million | 47.65% | 0.11x | $50.85 Million |
| Solowin Holdings (AXG) | $4.73 Million | -23.16% | 1.60x | $540.51 Million |
| BGC Group Inc. (BGC) | $334.08 Million | 5.99% | 3.38x | $4.38 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.12 Million | 0.00% | 0.00x | $34.07 Million |
| Bitfarms Ltd (BITF) | $20.65 Million | -45.34% | 0.27x | $1.21 Billion |
About Bitcoin Depot Inc.
Bitcoin Depot Inc. owns and operates a network of bitcoin ATMs in the United States, Canada, Australia, and Hong Kong. Its customers can buy and sell bitcoin through its kiosks in various retail locations, such as convenience stores and gas station chains; pharmacies and grocers; and mall operators. The company also sells cryptocurrency to consumers at a network of retail locations through its BD… Read more