Company Analysis

Abits Group Inc (ABTS)

Nasdaq: ABTS · Finance Services · Hong Kong Sar, CN · filing with the SEC since 2021
Grade5.6
◀ Past 5.9● Present 5.3▶ Future 5.4

The grade of Abits Group Inc

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past5.940% of the headline
● Present5.335% of the headline
▶ Future5.425% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.9/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.7/10

Has it survived what it has been through?

2 warning events since 2021; the latest 2023-05-01.

weight 45% of this tense · 67th percentile among 130 sector filers · read for itself

From the record

Abits Group Inc's filings since 2021 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2023-05-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.2/10

What has it actually done, year after year?

+66.9% a year over 7 filed years; profitable in 2 of 7.

weight 22% of this tense · 52nd percentile among 104 sector filers · read for its customers

From the record

Abits Group Inc's 7 filed years say what it did: revenue went from $370 thousand in fiscal 2019 to $9 million in fiscal 2025, up 66.9% a year; it rose in 4 of 6 years; the deepest fall was 83% from fiscal 2020 to fiscal 2022; net income was positive in 2 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span66.9%top 17% of its family
  • the share of years revenue rosetop 45% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak82.6%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.3/10

How has it treated the people who own it?

Share count steady. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 33% of this tense · 53rd percentile among 53 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Abits Group Inc's diluted share count held steady, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 17% of its family
  • cash returned against operating cash flowbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.3/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
6.9/10

Is it financially healthy right now?

ROE -37%: lost 37¢ per shareholder dollar. Leverage 29%: owes 29¢ per asset dollar.

weight 45% of this tense · 69th percentile among 117 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Abits Group Inc lost about 37 cents for every dollar of shareholders' money, and gross profitability: its products earned about 34 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 29 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 35% of its family
  • return on equitybottom 35% of its family
  • gross profit against assetstop 11% of its family
  • the share count against the year beforetop 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.9/10

How strong is its position in its industry?

top 41% of 114 in its family; net margin -31.4%.

weight 33% of this tense · 59th percentile among 114 sector filers · read for its customers

From the record

Abits Group Inc's standing among 114 graded names in its industry family: revenue of $9 million in fiscal 2025 ranks in the bottom 26% by size; a net margin of -31.4% ranks in the top 45%; revenue growth of 281.4% a year over the last 3 filed years ranks in the top 5% (its annual reports).

What it rests on

  • revenue against the family$9.1Mbottom 26% of its family
  • net margin-31.4%top 45% of its family
  • three-year revenue growth281.4%top 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.3/10

What are the people in charge doing?

bottom 13% of 50 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 13th percentile among 50 sector filers · read for its shareholders

From the record

Abits Group Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Deng, Conglin (Chief Executive Officer, as filed), filing under that title since 2026-04-17, 7 months (bottom 23% of its family); the 5 officers and directors filing in the last fifteen months have been on the record a median of 7 months (bottom 3%); it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes are not read (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • the median years the people in charge have filed7 monthsbottom 3% of its family
  • the chief executive's years on the record7 monthsbottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.4/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.0/10

How much room does it have to grow?

bottom 40% of 108 in its family for room to expand.

weight 33% of this tense · 40th percentile among 108 sector filers · read for itself

From the record

Abits Group Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $84 thousand against debt of $375 thousand leaves -2.7% of its assets as net cash, bottom 17% of its family; cash from operations less capital spending is -18.5% of revenue (top 39%); a gross margin of 40.3% (bottom 42%) (its annual report).

What it rests on

  • cash less debt against assets-2.7%bottom 17% of its family
  • cash from operations less capital spending against revenue-18.5%top 39% of its family
  • gross margin40.3%bottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.1/10

What could actually drive growth from here?

top 39% of 100 in its family for growth drivers.

weight 33% of this tense · 61st percentile among 100 sector filers · read for its customers

From the record

Abits Group Inc's growth drivers, from the filed years to fiscal 2025: revenue grew 281.4% a year over the last three filed years against 66.9% over all 7, speeding up (top 2% of its family); the newest year grew 36% (top 32%); capital spending grew -53.4% a year (bottom 17%) (its annual reports). Abits Group Inc reported 3 product lines in fiscal 2025: Bitcoin Operations in Duff Site at $6 million (65%), Bitcoin Operation in Memphis Site at $3 million (32%), Hosting Fees From Third Parties at $309 thousand (3%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+214.4 points a yeartop 2% of its family
  • the newest year's revenue growth36.0%top 32% of its family
  • three-year growth of capital spending-53.4%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.0/10

Did its newest year beat what its own record pointed to?

top 41% of 78 in its family for expectations against reality.

weight 33% of this tense · 59th percentile among 78 sector filers · read for its shareholders

From the record

Abits Group Inc's newest year against its own record: revenue of $9 million in fiscal 2025 came in 78.7% below the $43 million its prior three years' pace pointed to (bottom 6% of its family); net income of $3 million against a prior three-year average of $12 million (top 25%); a net margin of -31.4% against losses larger than its revenue before (top 2%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-78.7%bottom 6% of its family
  • net income against the prior three years' average+75%top 25% of its family
  • net margin against its prior averageup more than 100 pointstop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ABTS · research, not advice