Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Total Operating Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Bakkt Holdings

Bakkt Holdings, Inc. provides platform that operates in the intersection of cryptoassets, loyalty and rewards, and payments. It platform expand payment offerings, create new revenue streams, and increase customer loyalty The company was founded in 2018 and is headquartered in Alpharetta, GA.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bakkt reports Q4 growth amid losses, eyes global expansion

Bakkt Holdings navigated challenges in Q4 2022 with revenue growth but reported a significant net loss due to non-cash charges.
The company's strengths lie in its regulatory-first approach, strong balance sheet, and strategic partnerships driving growth and diversification.
While facing operating expense concerns and regulatory hurdles, Bakkt is focused on seizing opportunities in expanding its platform and client base.

Bakkt reports Q1 revenue growth, eyes international expansion and compliance

Bakkt's Q1 2023 performance showed revenue growth but an EBITDA loss, with a focus on international expansion and regulatory compliance.
Strengths lie in being a leading crypto infrastructure provider, Apex acquisition, and commitment to US market.
Challenges include managing expenses, delisting coins, and adapting to regulatory changes.
Opportunities include international market expansion, revenue growth strategies, and exploring new regulatory environments.

Bakkt reports resilient Q2 performance, eyes international expansion opportunities

Bakkt's Q2 showcased resilience and progress in expanding its crypto platform and client base. Challenges include regulatory dynamics and expense management, while opportunities lie in cross-selling and diversifying revenue streams.

Bakkt reports Q3 revenue growth, eyes international expansion and ETFs

Bakkt Holdings navigated challenges of a net loss and expense management while focusing on international expansion and revenue diversification.
The company's strategic strengths lie in cost control, partnerships, and a shift towards subscription-based revenue for stability and growth.
Opportunities in international markets, potential ETF approvals, and revenue growth from crypto contracts present avenues for future success.
Despite challenges, Bakkt's focus on operational efficiency, revenue mix evolution, and market opportunities positions it for sustainable growth.

Bakkt Holdings reports Q4 revenue growth, plans for profitability

Bakkt Holdings navigated challenges in Q4 2023 with a focus on revenue growth, expense reduction, and regaining shareholder confidence through strong financial results.
Despite facing stock price concerns and potential delisting issues, the company is intensively focused on scaling operations towards profitability and increasing shareholder value.
Opportunities lie in partnerships, revenue growth, and enhancing the Bakkt ecosystem, with plans for a reverse stock split and strategic agreements to drive market position.
Financial performance indicators like trading volume increase and cash guidance signal stability and potential growth for Bakkt in 2024.

Bakkt reports strong Q1 earnings, eyes growth through BakktX

Bakkt Holdings (BKKT) delivered a robust performance in Q1 2024 with revenue growth, cost management improvements, and record assets under custody.
The company's strategic priorities, upcoming launch of BakktX, and positive market trends position them for future success.
While challenges like regulatory uncertainties persist, Bakkt's focus on innovation and partnerships presents promising opportunities for growth.

Bakkt reports Q2 revenue growth amidst expense challenges and partnerships

Bakkt Holdings demonstrated revenue growth in Q2 but faced challenges with expenses exceeding revenue, highlighting the need for financial optimization.
Strategic partnerships and regulatory advancements position Bakkt for industry growth and international expansion opportunities.
Investor and analyst inquiries reflect interest in profitability, market positioning, and strategic initiatives, guiding future business decisions.

Bakkt sees mixed Q3 results, eyes market trends for growth

Bakkt's Q3 performance reflects mixed results with revenue decline but significant cost reductions. The company faces challenges with BakktTrust's potential wind-down and revenue pressures. However, Bakkt remains well-positioned to capitalize on market opportunities through strategic realignment and product innovation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bakkt Holdings, Inc. engages in the intersection of cryptoassets, loyalty and rewards, and payments. It also provides a platform to expand payment offerings, create new revenue streams, and increase customer loyalty. The company was founded in 2018 and is headquartered in Alpharetta, GA.

Institutional investors are going to play a bigger role in the cryptocurrency trading market, Bakkt said Wednesday (May 15) when announcing its latest quarterly results.

Bakkt: Institutional Investors to Drive Growth in Crypto Trading Market

Bakkt Holdings, Inc. (NYSE:BKKT ) Q1 2024 Results Conference Call May 15, 2024 5:00 PM ET Company Participants Olivia Keavey - Senior Lead of Communications Andy Main - CEO Karen Alexander - CFO Conference Call Participants John Roy - Water Tower Research Trevor Williams - Jefferies Operator Greetings, and welcome to the Bakkt First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Bakkt Holdings, Inc. (BKKT) Q1 2024 Earnings Call Transcript

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) announced its financial and operational results for the quarter ended March 31, 2024. CEO Comments: “We made solid progress on our key priorities in the first quarter driven by robust crypto trading activity across our platforms and the successful execution of the next phase of our cost restructuring initiative. We managed to significantly reduce our net loss by approximately 53% from same quarter las.

Bakkt Reports First Quarter 2024 Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it has changed the date for its previously announced earnings conference call. The company will now host a conference call at 5:00 p.m. ET on Wednesday, May 15, 2024, to review the results for the quarter. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 239896 approximately ten minu.

Bakkt Reschedules Release of First Quarter 2024 Earnings Results and Conference Call

Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in a securities filing Friday (May 3) that it is laying off 28 workers, or 13% of its non-call center staff.

Bakkt Cuts 13% of Staff as Execs Depart

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its first quarter 2024 earnings on Tuesday, May 14, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference particip.

Bakkt Schedules Conference Call to Discuss First Quarter 2024 Results

Bakkt (NYSE: BKKT ) stock has been on a wild ride recently as the company's shares underwent a reverse stock split last week. That reverse stock split took place when markets closed on Friday.

Why Is Bakkt (BKKT) Stock Moving Today?

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that, following approval by the Company's stockholders and its Board of Directors, the Company will effect a reverse stock split (the “Reverse Stock Split”) of Bakkt's Class A common stock, par value $0.0001 per share (“Class A Common Stock”), and Class V common stock, par value $0.0001 per share (“Class V Common Stock” and collectively with the Class A Common Stock, the “Common Stock”), at a ratio of 1-for-25 (.

Bakkt Announces Reverse Stock Split

Bakkt Holdings, Inc. (BKKT) Q4 2023 Earnings Call Transcript

Bakkt Holdings, Inc. (BKKT) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $1.52 per share a year ago.

Bakkt Holdings, Inc. (BKKT) Reports Q4 Loss, Tops Revenue Estimates

Bakkt Holdings, Inc. reported its fourth-quarter financial results after the bell on Monday. Here's a look at the highlights.

Bakkt Holdings Reports Q4, Shares Climb On Strong FY24 Guidance

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced its financial and operational results for the quarter and full year ended December 31, 2023. “Bakkt has built a robust foundation and we are in a prime position as we enter the next phase of our journey to commercialize our platform and scale our business,” said Andy Main, incoming President and Chief Executive Officer of Bakkt. “Our focus for 2024 is on a set of strategic initiatives that will provide our b.

Bakkt Reports Fourth Quarter and Full Year 2023 Results

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that Andy Main has been appointed President and Chief Executive Officer, effective March 26, 2024. He will succeed Gavin Michael, who is stepping down to pursue other opportunities. Michael will serve in an advisory role through March 2025 to assist in the leadership transition and advise the Board and executive team on strategic matters. Andy Main has served on Bakkt's Board of Directors since its public listin.

Bakkt Announces Leadership Transition

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that the New York Stock Exchange (the “NYSE”) notified the Company (the “Notice”) that the Company is not in compliance with Section 802.01C of the NYSE Listed Company Manual because, as of March 12, 2024, the average closing price of the Company's Class A Common Stock (the “Common Stock”) was less than $1.00 per share over a consecutive 30-day trading period. The notice does not result in the immediate delistin.

Bakkt Notified by NYSE of Non-Compliance with NYSE Trading Share Price Listing Rule

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) today announced that the company is available now as a key agent for Unchained's enterprise collaborative custody product. This collaborative model helps bitcoin holders increase security when safeguarding their assets through the use of a vault secured by multiple institutional key agents. As a part of the network, Bakkt will serve as an institutional signatory for Unchained customers' multi-signature vaults. “Secure.

Bakkt Now Available Through Unchained's Collaborative Custody Network

Crypto infrastructure firm Bakkt completed two securities purchase agreements collectively worth $32.4 million on Monday after it warned investors of a cash crunch last month.

Beleaguered Bakkt Completes $32 Million Direct Offering

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) today announced that it has entered into two securities purchase agreements, which relate to: The purchase and sale of 46,136,102 shares of its Class A common stock (or pre-funded warrants to purchase shares of Class A common stock in lieu thereof with an exercise price of $0.0001) and accompanying Class 1 warrants and Class 2 warrants to purchase up to an aggregate of 46,136,102 shares of its Class A common stock in.

Bakkt Announces $40 Million Registered Direct Offering with Institutional Investors and $10 Million Concurrent Registered Direct Offering

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced certain preliminary financial results for the fourth quarter and full year ended December 31, 2023. Preliminary financial results for fourth quarter 2023 Total revenues for the fourth quarter of 2023 are estimated to be in a range of $213 million to $215 million. Gross crypto revenues for the fourth quarter of 2023 are estimated to be in a range of $197 million to $199 million. Net loyalty revenues for the f.

Bakkt Announces Preliminary 2023 Financial Results; Preliminary Estimates Within Previously Provided Guidance

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its fourth quarter and full year 2023 earnings on Wednesday, March 20, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and.

Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Results

When Bakkt launched in 2018, the markets were ecstatic. “Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is now in the bitcoin business,” read the MIT Technology Review.

Bakkt Lost $2 Billion. Here's Its Latest Plan To Survive

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) and Swan Bitcoin (“Swan”) today announced that the companies have enabled Bitcoin trading across 49 U.S. states together. Bakkt provides Swan with a breadth of Bitcoin services, including fiat onboarding, Bitcoin trading, and custody. “We are thrilled to be taking this exciting step forward in our partnership with Swan,” said Gavin Michael, CEO of Bakkt. “This is just the beginning of our collaboration, as we intend t.

Swan Bitcoin and Bakkt Team Up to Provide Bitcoin Trading Across 49 U.S. States

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced that its “universal shelf” registration statement on Form S-3 was declared effective by the Securities and Exchange Commission (the "SEC") on February 14, 2024. This registration statement allows Bakkt, so long as it is effective, to raise up to an aggregate of $150 million of capital in one or more offerings over the subsequent three years. If Bakkt decides to raise capital in a future offering using such r.

Bakkt Shelf Registration Statement Declared Effective by the SEC

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) issued the following statement regarding the recently filed amendments to its Form 10-Q for the quarter ended September 30, 2023. On Wednesday, we filed amendments to our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023 (the “Amended Form 10-Q”), to provide, among other things, further updates to the description of our business and the related risk factors, including those that may resul.

Bakkt Issues Statement Regarding Recently Filed Amendments to Third Quarter Form 10-Q

Bakkt, once hailed as Bitcoin's potential saviour, is now grappling with a financial crisis that raises doubts about its future.

Bakkt, backed by NYSE owner, faces cash crunch; stock plunges

Bakkt has underperformed since going public, with a price return of -84%. Potential rebound could be in sight as plan to reach positive adjusted EBITDA to instill confidence seems within reach. At $1.54 today, Bakkt appears undervalued, in my opinion. Possibility of a crypto bull run at the end of the year due to two major Bitcoin events would also drive significant boost to transaction volume and top-line growth.

News for Bakkt Holdings Stock (BKKT)