---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-035646"
form_type: "8-K"
ticker: "BTM"
cik: "0001901799"
company_name: "Bitcoin Depot Inc."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:47:18.115676+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Bitcoin Depot reports FY2023 revenue up 7% to $689M; Adj. EBITDA +37% to $56M; Q1 guidance provided

## Summary
- FY2023 revenue $689M (+7% YoY); net income $1.6M (down 54%); Adjusted EBITDA $56.4M (+37%).
- Q4 2023 revenue $148.4M (-1% YoY); net loss $1.5M vs $0.5M loss; Adj. EBITDA $9.0M (down from $11.4M).
- Gross profit margin improved to 12.8% in FY2023 from 8.3% in FY2022.
- Provided Q1 2024 guidance for revenue and Adjusted EBITDA; targets over 8,000 kiosks by end-2024.

## SEC filing metadata
- accession: 0000950170-24-035646
- form_type: 8-K
- ticker: BTM
- cik: 0001901799
- company_name: Bitcoin Depot Inc.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901799/000095017024035646/0000950170-24-035646-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901799/000095017024035646/btm-20240325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-035646
- JSON: https://secwatch.observer/filing/0000950170-24-035646.json
- Plain text: https://secwatch.observer/filing/0000950170-24-035646.txt

## Key facts
- Earnings Releases
  Bitcoin Depot Inc. reported the year ended December 31, 2023 results: revenue $689.0 million, net income $1.6 million.
  - Period: the year ended December 31, 2023
  - Revenue: $689.0 million
  - Net income: $1.6 million
  - Result: reported results
  source text: by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Bitcoin Depot Reports Fourth Quarter and Full Year 2023 Financial Results FY 2023 Record Revenue of $689 Million, Up 7% Year-over-Year FY 2023 Net Income of $1.6 Million, Down 54% Year-over-Year FY 2023 Record Adjusted EBITDA (non-GAAP) of $56 Million, Up 37% Year-over-Year Strengthens
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901799/000095017024035646/0000950170-24-035646-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.