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BTC Digital Ltd.

BTCT

$0.50 ▼ -0.01 (-1.94%) at close

8 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

BTC Digital Ltd. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $4.1M

Dividend Yield —

Revenue Growth 20.3% ↘

Op. Margin -62.7% ↘

ROIC -18.7% ↘

FCF / Share $-1.68 ↘

Trailing P/E —

Price / Book 0.1x

FCF Yield —

Debt / Equity 0.06

info Valuation on last close. End-of-day price, Aug 7, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$14.04M

↑ +20.3% —

Net Income Profit after all expenses

$-9.06M

↓ -355.6% —

Operating Margin Operating profit as % of sales

-62.7%

↓ -173.5% 4th

FCF / Share Free cash flow per share

$-1.68

↓ -326.7% —

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health ↑

Cash Quality ↑

Financial view

Statement lens

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Cadence

Annual Quarterly

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Revenue Growth YoY (%)	20.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+238%)	28.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+378%)	-23.3% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-489%)	-89.7% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1594%)	-16.8% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-380%)	—	—	—
EPS Growth YoY (%)	-66.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	-291.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—
Net Income Growth YoY (%)	-355.6% Weak Weak Year-over-year change in net income	29.6% Excellent Excellent Year-over-year change in net income	N/M	N/M	4.2% Caution Caution Year-over-year change in net income	—	—	—
FCF Growth YoY (%)	-326.7% Weak Weak Year-over-year change in free cash flow	N/M	N/M	-45.0% Weak Weak Year-over-year change in free cash flow	-503.2% Weak Weak Year-over-year change in free cash flow	—	—	—
Revenue CAGR 3Y (%)	5.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-53.3% Weak Weak Compound annual revenue growth over 3 years	-59.6% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—	—
Revenue CAGR 5Y (%)	-36.6% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Operating Margin (%) (%)	-62.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-351%)	-22.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-192%)	-27.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-209%)	8.8% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	—	—	—	—
Effective Tax Rate (%) (%)	—	—	—	—	5.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-64.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-393%)	-17.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-177%)	-31.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-241%)	65.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+195%)	-53.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-341%)	-46.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-309%)	—	—
FCF Margin (%) (%)	-98.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-10.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	14.4% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	-337.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-73.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-41.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—
FCF / Net Income (x)	1.52x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.46x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-5.19x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.38x Good Good Free cash flow relative to reported net income Optimal: > 1x	0.89x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Return on Invested Capital (%)	-18.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-5.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.1% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	4.3% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	—
Return on Capital (%) (%)	-22.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-6.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	3.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	—
Return on Common Equity (%) (%)	-24.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-303%)	-5.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-142%)	-14.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-221%)	39.9% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+232%)	—	109.0% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+808%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Debt to Equity (x)	0.06x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-95%)	0.01x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.01x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.05x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-96%)	—	—	—	—
Interest Coverage (x)	-142.08x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-55.79x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-39.38x Weak Weak Operating income divided by interest expense Optimal: > 5x	52.35x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	—	—
Net Debt (USD)	$1.82M	$-14.42M	$82.00K	$822.00K	$-26.43M	$-13.81M	—	—
Debt / EBITDA (x)	-0.46x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.49x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.19x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.17x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Revenue per Share (USD)	$1.71	$3.86	$6.07	$17.33	$55.23	$16.26	—	—
Basic EPS, GAAP (USD)	$-1.10	$-0.66	—	—	$-29.10	$-7.44	—	—
Free Cash Flow per Share (USD)	$-1.68	$-0.39	$0.87	$-58.47	$-40.33	$-6.69	—	—
Book Value per Share (USD)	$3.90	$6.20	$9.27	$18.47	$2.04	$-6.72	—	—
Tangible Book Value per Share (USD)	$3.90	$6.20	$9.27	$18.47	$-16.82	$-11.93	—	—
Basic Weighted Avg Shares (shares)	8.22M	3.02M	1.49M	682,779	2.07M	8.45M	—	6.93M

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Working Capital (USD)	$16.82M	$23.66M	$3.84M	$2.99M	$-51.02M	$-142.40M	—	—
Total Equity (USD)	$37.16M	$39.92M	$19.44M	$19.28M	$3.52M	$-58.03M	$-5.14K	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗
Sales/Revenue/Turnover (USD)	$14.04M	$11.68M	$9.07M	$11.83M	$114.39M	$137.48M	—	—
Depreciation Expense (USD)	$4.14M	$3.67M	$3.15M	$4.18M	—	—	—	—
Net Income, GAAP (USD)	$-9.06M	$-1.99M	$-2.82M	$7.69M	$-60.62M	$-63.26M	—	—
Operating Cash Flow (USD)	$-5.26M	$1.56M	$3.81M	$-31.05M	$-72.08M	$-52.60M	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 8 years · 13 quarters

BTC Digital Ltd.

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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