earnings
confidence high
sentiment positive
materiality 0.85
Bitcoin Depot Q1 revenue $164.2M (+19% YoY); announces Up-C restructuring to simplify structure
Bitcoin Depot Inc.
2025-Q1 EPS
reported $0.20
vs consensus $0.65
▼ miss
(-69.4%)
- Q1 net income $12.2M vs net loss $4.2M YoY; diluted EPS $0.20 vs ($0.25).
- Adjusted EBITDA $20.3M (+315% YoY); cash from operations $16.3M.
- Adjusted gross margin 20.2% (+770 bps YoY) on kiosk optimization.
- Up-C Restructuring: CEO Mintz receives 41.2M Class M shares (10 votes each); TRA terminated for $8.4M.
- Company expects long-term cash/tax savings and simpler structure post-merger.