Bitcoin Depot Q4 net income swings to $5.4M; adjusted EBITDA up 34% to $12.0M

Bitcoin Depot Inc.

Q4 revenue $136.8M (-8% YoY); net income $5.4M vs net loss $1.7M in Q4 2023.
Adjusted gross profit $25.4M (+18% YoY); margin 18.6% vs 14.5% (up 400 bps).
Total operating expenses down 16% to $15.0M due to lower non-recurring public company costs.
CEO reintroduces Q1 2025 guidance projecting robust growth; mentions potential cash dividend; BTC treasury at 94 BTC.

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