Bullet Blockchain Inc
Bitcoin Bancorp operates as a blockchain technology company that secures the bitcoin blockchain ledger. The company was formerly known as Bullet Blockchain, Inc. and changed its name to Bitcoin Bancorp in August 2025. The company is based in New York, New York. Bullet Blockchain, Inc. operates as a subsidiary of BOTS, Inc.
Bullet Blockchain Inc (BULT) - Net Assets
Latest net assets as of June 2025: $12.55 Million USD
Based on the latest financial reports, Bullet Blockchain Inc (BULT) has net assets worth $12.55 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.99 Million) and total liabilities ($4.45 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.55 Million |
| % of Total Assets | 73.83% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Bullet Blockchain Inc - Net Assets Trend (2000–2008)
This chart illustrates how Bullet Blockchain Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bullet Blockchain Inc (2000–2008)
The table below shows the annual net assets of Bullet Blockchain Inc from 2000 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-12-31 | $70.67K | +130.70% |
| 2007-12-31 | $-230.22K | -172.16% |
| 2006-12-31 | $-84.59K | +83.73% |
| 2005-12-31 | $-520.04K | -140.75% |
| 2004-12-31 | $-216.00K | -2960.59% |
| 2003-12-31 | $7.55K | +102.23% |
| 2002-12-31 | $-338.52K | -39.05% |
| 2001-12-31 | $-243.45K | +55.82% |
| 2000-12-31 | $-551.07K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bullet Blockchain 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 894393000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2008)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $453.59K | 641.83% |
| Other Comprehensive Income | $-1.73K | -2.45% |
| Other Components | $9.39 Million | 13286.50% |
| Total Equity | $70.67K | 100.00% |
Bullet Blockchain Inc Competitors by Market Cap
The table below lists competitors of Bullet Blockchain Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fletcher King Plc
LSE:FLK
|
$467.77 |
|
GKS GieKSa Katowice SA
WAR:GKS
|
$468.49 |
|
Asim Textile Mills Ltd
KAR:ASTM
|
$469.20 |
|
EYANG HOLDINGS
BE:4EY
|
$469.38 |
|
NORTHERN NIGERIA FLOUR MILLS PLC
XNSA:NNFM
|
$467.22 |
|
London & Associated Properties
LSE:LAS
|
$467.18 |
|
Applied UV, Inc.
NASDAQ:AUVIQ
|
$467.00 |
|
Westminster Group Plc
LSE:WSG
|
$466.79 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bullet Blockchain Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2007 to 2008, total equity changed from -230,225 to 70,671, a change of 300,896.
- Net loss of 392,809 reduced equity.
- Other comprehensive income decreased equity by 1,732.
- Other factors increased equity by 695,437.
Equity Change Factors (2007 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-392.81K | -555.83% |
| Other Comprehensive Income | $-1.73K | -2.45% |
| Other Changes | $695.44K | +984.05% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Bullet Blockchain 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: 1.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $-4.78 | $0.05 | x |
| 2001-12-31 | $-1.46 | $0.05 | x |
| 2002-12-31 | $-1.13 | $0.05 | x |
| 2003-12-31 | $0.01 | $0.05 | x |
| 2004-12-31 | $-0.20 | $0.05 | x |
| 2005-12-31 | $-0.48 | $0.05 | x |
| 2006-12-31 | $-0.05 | $0.05 | x |
| 2007-12-31 | $-0.11 | $0.05 | x |
| 2008-12-31 | $0.03 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bullet Blockchain 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): -555.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.43x
- Recent ROE (-555.83%) is above the historical average (-1468.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | -50449900.00% | 0.00x | 0.00x | $-449.39K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.28 Million |
| 2002 | 0.00% | -178585.53% | 0.02x | 0.00x | $-916.22K |
| 2003 | -12663.79% | -5682.45% | 0.19x | 11.58x | $-957.00K |
| 2004 | 0.00% | -5615.09% | 0.51x | 0.00x | $-940.04K |
| 2005 | 0.00% | -3606.35% | 0.92x | 0.00x | $-863.65K |
| 2006 | 0.00% | -10577.64% | 0.08x | 0.00x | $-1.87 Million |
| 2007 | 0.00% | -13696.28% | 0.04x | 0.00x | $-1.47 Million |
| 2008 | -555.83% | 0.00% | 0.00x | 3.43x | $-399.88K |
Industry Comparison
This section compares Bullet Blockchain Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bullet Blockchain Inc (BULT) | $12.55 Million | 0.00% | 0.35x | $467.40 |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |