Bitcoin Depot Q2 revenue $197.5M (+18% YoY); net loss $6.1M vs prior-year income $4.1M

Bitcoin Depot Inc.

2023-Q2 EPS reported -$0.64 revenue$361,077,000

Record revenue of $197.5M, up 18% from $167.5M in Q2 2022.
Net loss of $6.1M; net income was $4.1M in Q2 2022 (down 249% YoY).
Adjusted EBITDA $19.8M (+54% YoY); margin improved to 10% from 8%.
Gross profit margin expanded to 13% from 8% YoY; gross profit up 87%.
Reiterates full-year 2023 revenue and adjusted EBITDA guidance.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bitcoin Depot Inc. reported the second quarter ended June 30, 2023 results: revenue $197.5 million, net income $6.1 million. Guidance reaffirmed.

Period: the second quarter ended June 30, 2023
Revenue: $197.5 million
Net income: $6.1 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Bitcoin Depot Reports Second Quarter 2023 Financial Results Record Revenue of $197.5 Million, Up 18% Year-over-Year Net loss of $6.1 million, Down 249% Year-over-Year Adjusted EBITDA (non-GAAP) of $19.8 Million, Up 54% Year-over-Year Reiterates Full Year 2023 Guidance

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Bitcoin Depot Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-211499

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.