Abits Group Inc ABTS
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Market cap
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-1.21
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1M | $6.7M | $1.7M | $164.4K | $219.3K | $946.5K | $370.4K | — |
| Cost of revenue | $5.5M | $3.3M | $455.5K | $361.5K | — | — | — | — |
| Gross profit | $3.7M | $3.4M | $1.2M | -$197.1K | — | — | — | — |
| SG&A | $2.5M | $2.1M | $1.5M | $2.5M | $1.9M | $873.8K | $900.1K | — |
| Operating income | $3.7M | $3.4M | $1.2M | -$197.1K | -$2.9M | $72.7K | -$529.7K | — |
| Interest expense | — | — | — | — | $62.0K | — | — | — |
| Pre-tax income | -$2.8M | -$798.3K | -$12.6M | -$21.5M | -$2.7M | $72.7K | $300.5K | — |
| Income tax | $103.3K | $111.4K | $0 | — | — | — | — | — |
| Net income | -$2.9M | -$909.7K | -$12.6M | -$21.5M | -$2.7M | $72.7K | $300.5K | — |
| EPS, basic | -1.21 | -0.39 | -5.32 | -9.56 | -0.14 | 0.00 | 0.01 | — |
| EPS, diluted | -1.21 | -0.39 | -5.32 | -9.56 | -0.14 | 0.00 | 0.01 | — |
| Shares, diluted (wtd. avg.) | 2.4M | 2.4M | 2.4M | 2.4M | 18.9M | 16.2M | 43.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $83.8K | $1.1M | $884.2K | $2.5M | $2.5M | $5.2K | $425.6K | — |
| Receivables | — | — | — | — | $229.7K | $1.5M | — | — |
| Total current assets | $900.7K | $1.7M | $1.7M | $4.9M | $2.7M | $2.3M | $2.5M | — |
| Property, plant and equipment | $8.5M | $9.4M | $9.5M | $12.6M | — | — | — | — |
| Total assets | $10.9M | $11.4M | $12.3M | $24.5M | $7.7M | $2.3M | $2.5M | — |
| Accounts payable | $1.3M | $990.3K | $1.0M | $613.5K | $1.2M | $1.5M | $1.9M | — |
| Short-term debt | $1.5M | — | — | — | — | — | — | — |
| Total current liabilities | $2.8M | $990.3K | $1.0M | — | $1.2M | $1.9M | $2.4M | — |
| Long-term debt | $375.0K | — | — | — | — | — | — | — |
| Total liabilities | $3.1M | $990.3K | $1.0M | $613.5K | — | — | — | — |
| Retained earnings | -$81.7M | -$78.8M | -$77.9M | -$65.3M | -$43.8M | -$40.7M | -$40.7M | — |
| Total equity | $7.8M | $10.4M | $11.3M | $23.9M | $6.6M | $400.8K | $148.7K | -$10.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.4M | $1.9M | $1.8M | -$7.3M | -$1.1M | -$1.7M | -$1.2M | — |
| Depreciation and amortisation | $3.5M | $2.6M | $436.5K | $6.3M | — | — | — | — |
| Stock-based compensation | $266.7K | — | — | — | — | — | — | — |
| Capital expenditure | $3.1M | $2.6M | $9.3M | $30.7M | — | — | — | — |
| Investing cash flow | -$4.3M | -$1.7M | -$3.4M | -$32.7M | — | — | — | — |
| Financing cash flow | $1.9M | — | — | $40.0M | $3.6M | $1.1M | $1.1M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-019612.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $370.4K | $946.5K | $219.3K | $164.4K | $1.7M | $6.7M | $9.1M |
| Gross profit | — | — | — | — | -$197.1K | $1.2M | $3.4M | $3.7M |
| Net income | — | $300.5K | $72.7K | -$2.7M | -$21.5M | -$12.6M | -$909.7K | -$2.9M |
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