Bitcoin Depot Inc

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

Bitcoin Depot reports Q3 revenue decline but boosts profitability

Bitcoin Depot Inc faced a revenue decline in Q3 2024 but saw a significant increase in GAAP net income, focusing on profitability and cash flow optimization.
The company's kiosk network expansion, profit share program, and potential cash dividend indicate a commitment to growth and shareholder value.
Despite challenges such as regulatory uncertainties and debt obligations, Bitcoin Depot remains focused on operational efficiency and financial stability.
Opportunities in new markets, partnerships, and revenue streams provide avenues for growth and mitigating the impact of the revenue decline.

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Bitcoin Depot Inc. engages in converting cash into crypto currency. It offers payments, spending, and investing space through its kiosks and BDCheckout product. The company was founded by Brandon Mintz in July 2016 and is headquartered in Atlanta, GA.

Bitcoin Depot Plans to Install Kiosks in Roughly 940 Stores Across 24 US States to Provide Greater Access for Users to Fund Their Bitcoin Wallet with Cash Bitcoin Depot Plans to Install Kiosks in Roughly 940 Stores Across 24 US States to Provide Greater Access for Users to Fund Their Bitcoin Wallet with Cash

Bitcoin Depot to Deploy 940 Bitcoin ATMs at a National Convenience Store Retailer

ATLANTA, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (Nasdaq: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it will present at the Sidoti Micro-Cap Virtual Investor Conference being held on January 17 – 18, 2024. Bitcoin Depot's management will also host virtual one-on-one meetings with investors throughout the conference.

Bitcoin Depot to Present at the Sidoti Micro-Cap Virtual Investor Conference

Expanded Sales Team Will Prioritize Strategic Expansion as Bitcoin Depot Prepares for Continued Nationwide Growth to Increase Kiosk Installations and Strengthen Nationwide Access to Bitcoin Expanded Sales Team Will Prioritize Strategic Expansion as Bitcoin Depot Prepares for Continued Nationwide Growth to Increase Kiosk Installations and Strengthen Nationwide Access to Bitcoin

Bitcoin Depot Bolsters Expansion Efforts with the Addition of 13 New Sales Representatives Throughout the U.S.

Through Partnerships with Major Convenience Retailers, BDCheckout Allows Customers to Load Cash to Their Bitcoin Depot Digital Wallets Through Partnerships with Major Convenience Retailers, BDCheckout Allows Customers to Load Cash to Their Bitcoin Depot Digital Wallets

Bitcoin Depot Launches BDCheckout in Georgia, Expanding Footprint to 28 States

Recognition Comes After Landmark Growth Year for Bitcoin Depot and Historic Nasdaq Public Listing Recognition Comes After Landmark Growth Year for Bitcoin Depot and Historic Nasdaq Public Listing

Bitcoin Depot Founder and CEO Brandon Mintz Honored in Forbes 30 Under 30 Finance List

Company Secures Preferred Vendor Status for Bitcoin ATM Services to AATAC's 50,000 Members Company Secures Preferred Vendor Status for Bitcoin ATM Services to AATAC's 50,000 Members

Bitcoin Depot Named Preferred BTM Vendor with National Retail Association, AATAC

Revenue of $179.5 Million, Up 3% Year-over-Year Net Income of $1.1 Million, Down 68% Year-over-Year Adjusted EBITDA (non-GAAP) of $13.9 Million, Up 21% Year-over-Year Reiterates Full Year 2023 Guidance for Revenue and Adjusted EBITDA ATLANTA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the third quarter ended September 30, 2023. Bitcoin Depot will host a conference call and webcast at 11:00 a.m.

Bitcoin Depot Reports Third Quarter 2023 Financial Results

Bitcoin Depot (BTM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Bitcoin Depot (BTM) Ahead of Earnings?

ATLANTA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced its partnership with CORD Financial Services , LLC (CORD), a leading provider of innovative ATM solutions, to distribute Bitcoin Depot kiosks across the U.S.

Bitcoin Depot Announces Distribution Partnership with CORD Financial Services

ATLANTA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Monday, November 13th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the third quarter ended September 30, 2023. Bitcoin Depot plans to release results before the market open on the same day.

Bitcoin Depot Schedules Third Quarter 2023 Conference Call for Monday, November 13th at 11:00 am ET

ATLANTA, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company is authorized to repurchase up to $10 million of outstanding shares of its Class A common stock beginning immediately and continuing through and including June 30, 2024.

Bitcoin Depot Announces Share Repurchase Program

Provides Greater Access for Users Who Want to Fund Their Bitcoin Wallet with Cash Provides Greater Access for Users Who Want to Fund Their Bitcoin Wallet with Cash

Bitcoin Depot Expands Retail Footprint with 400 New Locations Across Iowa and Louisiana via Partnership with InComm Payments

ATLANTA, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, announced today its participation at the following financial conferences:

Bitcoin Depot to Participate in the 3rd Annual Needham Virtual Crypto Conference, H.C. Wainwright 25th Annual Global Investment Conference, and Northland Capital Markets Institutional Investor Conference

Leading Bitcoin ATM Operator Ranks in the Top 1000 for Fourth Consecutive Year Leading Bitcoin ATM Operator Ranks in the Top 1000 for Fourth Consecutive Year

Bitcoin Depot Earns Ranking on 2023 Inc. 5000 List of Fastest-Growing Private Companies in America

Record Revenue of $197.5 Million, Up 18% Year-over-Year Net loss of $6.1 million, Down 249% Year-over-Year Adjusted EBITDA (non-GAAP) of $19.8 Million, Up 54% Year-over-Year Reiterates Full Year 2023 Guidance for Revenue and Adjusted EBITDA ATLANTA, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the second quarter ended June 30, 2023. Bitcoin Depot will host a conference call and webcast at 11:00 a.m.

Bitcoin Depot Reports Second Quarter 2023 Financial Results

ATLANTA, July 25, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Monday, August 14th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the second quarter ended June 30, 2023. Bitcoin Depot plans to release results before the market open on the same day.

Bitcoin Depot Schedules Second Quarter 2023 Conference Call for Monday, August 14th at 11:00 am ET

ATLANTA, July 21, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported preliminary unaudited revenue results for the quarter ended June 30, 2023 and provided annual guidance for 2023.

Bitcoin Depot Reports Preliminary Second Quarter Revenue; Sets 2Q23 Earnings Date and Provides 2023 Guidance

ATLANTA, July 20, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company today announced that the Company's Founder and CEO, Brandon Mintz, and other members of the Bitcoin Depot team will ring the NASDAQ Opening Bell on Monday, July 24, 2023. This event celebrates the Company's recent closing of its business combination with GSR II Meteora Acquisition Corp (“GSRM”) and associated listing of Bitcoin Depot's common stock and warrants on NASDAQ under the symbols “BTM” and “BTMWW”, respectively, which occurred on July 3, 2023.

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