secwatch.observer — SEC 8-K summary
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Issuer:     Bitcoin Depot Inc. (BTM)
CIK:        0001901799
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001193125-23-211499
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901799/000119312523211499/0001193125-23-211499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901799/000119312523211499/d477324d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-211499

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer