Company Analysis

BTC Digital Ltd. (BTCT)

Nasdaq: BTCT · Finance Services · Shenzhen · filing with the SEC since 2019
Grade3.9
◀ Past 3.5● Present 4.4▶ Future 3.7
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedMay 11, 2026Apr 30, 2025Apr 15, 2024Mar 15, 2023May 16, 2022Apr 30, 2021Jun 4, 2020
Revenue14,041,00011,675,0009,073,00011,831,000114,395,000137,477,000·
Cost of revenue17,200,00011,560,00010,208,00010,063,00075,903,00093,039,000·
Gross profit-3,159,000115,000-1,135,0001,768,00038,492,00044,438,000·
Research and development····2,889,0004,886,000·
Sales and marketing585,000355,000225,000·39,364,00047,576,000·
General and administrative5,065,0002,438,0001,121,000721,00053,582,00053,400,000·
Operating income-8,809,000-2,678,000-2,481,0001,047,000···
Interest expense62,00048,00063,00020,000377,000935,000·
Interest income (expense), net191,000·1,000·53,00069,000·
Share of profit of equity-method investments91,00075,00012,00012,000r-23,000-235,000·
Other income (expense), net·-51,000-327,00028,00099,000711,000·
Total non-operating income (expense)-54,000-51,000-327,000····
Income before income taxes-9,061,000-1,989,000-2,824,000967,000-63,795,000-62,373,000·
Income tax expense····-3,176,000889,000·
Income from continuing operations·-1,989,000-2,824,000967,000-57,343,000-61,424,000·
Income from discontinued operations···4,670,000r···
Net income including non-controlling interests-9,061,000-1,989,000-2,824,0005,637,000-60,619,000··
Net income to non-controlling interests···-2,049,000-314,000-276,000·
Net income-9,061,000-1,989,000-2,824,0007,686,000-60,619,000-63,262,000·
Net income to common shareholders-9,061,000-1,989,000-2,824,0005,637,000-60,305,00062,986,000·
Earnings per share, basic-1.10-0.66-1.89·-2,652.00b-20,340.00b·
Earnings per share, diluted-1.10-0.66-1.89·-3,006.00b-17,280.00b·
Weighted average shares, basic8,222,8903,023,3271,494,333682,779r22,725rb3,092rb2,688rb
Weighted average shares, diluted8,222,8903,023,3271,494,333682,779r20,067rb3,658rb2,688rb
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-20 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton BTCT · research, not advice