Complete financial analysis of Bakkt Holdings, Inc. (BKKT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Bakkt Holdings, Inc., a leading company in the Software – Infrastructure industry within the Technology sector.
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Bakkt Holdings, Inc. (BKKT)
About Bakkt Holdings, Inc.
Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 780.14M | 54.57M | 37.27M | 28.50M | -864.00K |
| Cost of Revenue | 718.51M | 167.61M | 175.10M | 58.63M | 31.64M |
| Gross Profit | 61.63M | -113.04M | -137.83M | -30.14M | -32.51M |
| Gross Profit Ratio | 7.90% | -207.17% | -369.79% | -105.77% | 3,762.38% |
| Research & Development | 0.00 | 1.70M | 4.00M | 900.00K | 0.00 |
| General & Administrative | 166.65M | 185.95M | 152.60M | 57.11M | 2.08M |
| Selling & Marketing | 0.00 | -150.53M | 18.80M | 4.90M | 534.00K |
| SG&A | 166.65M | 185.95M | 152.60M | 57.11M | 2.62M |
| Other Expenses | 122.87M | 45.94M | 35.29M | 21.84M | 0.00 |
| Operating Expenses | 289.52M | 231.89M | 187.88M | 78.95M | 3.95M |
| Cost & Expenses | 1.01B | 231.89M | 187.88M | 78.95M | 35.59M |
| Interest Income | 0.00 | 1.88M | 11.00K | 0.00 | 3.28M |
| Interest Expense | 0.00 | 1.88M | 247.00K | 0.00 | 0.00 |
| Depreciation & Amortization | 13.93M | 25.35M | 16.24M | 7.97M | 87.00K |
| EBITDA | -116.09M | -153.67M | -134.75M | -42.30M | -35.86M |
| EBITDA Ratio | -14.88% | 3,065.93% | -404.07% | -47.84% | 4,150.58% |
| Operating Income | -227.89M | 1.65B | -164.10M | -79.12M | -35.95M |
| Operating Income Ratio | -29.21% | 3,019.48% | -440.26% | -277.66% | 4,160.65% |
| Total Other Income/Expenses | 2.52M | 17.66M | -78.29M | -95.00K | 3.50M |
| Income Before Tax | -225.37M | -2.00B | -242.36M | -79.21M | -33.17M |
| Income Before Tax Ratio | -28.89% | -3,667.52% | -650.24% | -277.99% | 3,839.70% |
| Income Tax Expense | 444.00K | -11.32M | 295.00K | 391.00K | 199.00K |
| Net Income | -74.85M | -578.11M | -242.66M | -79.61M | -32.98M |
| Net Income Ratio | -9.59% | -1,059.44% | -651.03% | -279.36% | 3,816.67% |
| EPS | -21.01 | -203.08 | -4.24 | -3.07 | -0.06 |
| EPS Diluted | -21.01 | -203.08 | -4.24 | -3.07 | -0.06 |
| Weighted Avg Shares Out | 3.56M | 2.85M | 57.16M | 25.92M | 582.50M |
| Weighted Avg Shares Out (Dil) | 3.56M | 2.85M | 57.16M | 25.92M | 582.50M |
Scorpions Returning to Bakkt Theater at Planet Hollywood Resort & Casino With New Las Vegas Headlining Residency Celebrating the 40th Anniversary of Love at First Sting Album
LAS VEGAS--(BUSINESS WIRE)--Scorpions, one of the most iconic and influential hard rock bands of all time, are returning to the Las Vegas Strip in 2024 with a brand new exclusive headlining residency show in celebration of the 40th anniversary of...
Bakkt Schedules Conference Call to Discuss Third Quarter 2023 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its third quarter 2023 earnings on Tuesday, November 14, 2023, before market open. Management will host a conference call at 9:00 a.m. ET on the same day...
Bakkt to Participate in Three Upcoming Investor Forums in September
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will participate in three upcoming investor forums in September. Management will attend: 3rd Annual Needham Virtual Crypto Conference on September 7, 2023. Chief Executive Officer, Gavin Michael, will participate...
Is Bakkt (BKKT) Outperforming Other Business Services Stocks This Year?
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LAS VEGAS--(BUSINESS WIRE)--One of music's most renowned trailblazers and the top-selling female country artist of all-time, Shania Twain, is returning to the Las Vegas Strip with Shania Twain: COME ON OVER – The Las Vegas Residency – All The Hits!...
Bakkt Holdings, Inc. (BKKT) Q2 2023 Earnings Call Transcript
Bakkt Holdings, Inc. (NYSE:BKKT ) Q2 2023 Earnings Conference Call August 10, 2023 9:00 AM ET Company Participants Ann DeVries - Head, IR Gavin Michael - President, CEO & Director Karen Alexander - CFO & Principal Financial Officer Conference Call...
Bakkt Holdings, Inc. (BKKT) Reports Q2 Loss, Tops Revenue Estimates
Bakkt Holdings, Inc. (BKKT) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.18 per share a year ago.
Bakkt Reports Second Quarter 2023 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) announced its financial and operational results for the quarter ended June 30, 2023. “We are pleased with the rapid momentum we built in the second quarter,” said Gavin Michael, President and CEO...
Bakkt Schedules Conference Call to Discuss Second Quarter 2023 Results
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its second quarter 2023 earnings on Thursday, August 10, 2023, before market open. Management will host a conference call at 9:00 a.m. ET on the same day...
Are Business Services Stocks Lagging Bakkt (BKKT) This Year?
Here is how Bakkt Holdings, Inc. (BKKT) and CompoSecure, Inc. (CMPO) have performed compared to their sector so far this year.
Source: https://incomestatements.info
Category: Stock Reports