Bitcoin Depot Q3 revenue $179.5M (+3%); Adj EBITDA $13.9M (+21% YoY)

Bitcoin Depot Inc.

2023-Q3 EPS reported -$1.07 revenue$540,561,000

Revenue of $179.5M, up 3% from $174.8M in Q3 2022.
Net income of $1.1M vs $3.3M in Q3 2022; improved from net loss of $4.0M in Q2 2023.
Adjusted EBITDA (non-GAAP) of $13.9M, up 21% YoY.
Adjusted Gross Profit margin (non-GAAP) expanded to 15.0% from 12.2% YoY.
Company 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 0.95

Bitcoin Depot Inc. reported the third quarter ended September 30, 2023 results: revenue $179.5 million, net income $1.1 million. Guidance reaffirmed.

Period: the third quarter ended September 30, 2023
Revenue: $179.5 million
Net income: $1.1 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Bitcoin Depot Reports Third Quarter 2023 Financial Results Revenue of $179.5 Million, Up 3% Year-over-Year Net Income of $1.1 Million, Down 68% Year-over-Year Adjusted EBITDA (non-GAAP) of $13.9 Million, Up 21% Year-over-Year Reiterates Full Year 2023 Guidance

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Bitcoin Depot Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-275484

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