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BIT ORIGIN Ltd

BTOG

$0.83 ▲ +0.06 (+7.80%) at close

10 Visible periods

30 Metrics

Peer-ranked Benchmarks

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Health

Poor

Bearish

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Analytical Summary

BIT ORIGIN Ltd faces fundamental challenges with weakness in Return on Common Equity (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $19.2M

Dividend Yield —

Revenue Growth -98.6% ↘

Op. Margin None

ROIC -60.6% ↗

FCF / Share $-0.10 ↗

Trailing P/E —

Price / Book 4.9x

FCF Yield —

Debt / Equity —

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

10-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$39.49K

↓ -98.6% —

Net Income Profit after all expenses

$-4.37M

↑ +76.1% —

Operating Margin Operating profit as % of sales

-452.1%

↓ -2700.2% —

FCF / Share Free cash flow per share

$-0.10

↑ +93.4% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

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

Health Breakdown

Returns

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Cash Quality ↑

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Jun 30, 2025 20-F ↗	FY 2024 Jun 30, 2024 20-F ↗	FY 2023 Jun 30, 2023 20-F ↗	FY 2022 Jun 30, 2022 20-F ↗	FY 2021 Jun 30, 2021 20-F ↗	FY 2020 Jun 30, 2020 20-F ↗	FY 2019 Jun 30, 2019 20-F ↗	FY 2018 Jun 30, 2018 20-F ↗	FY 2017 Jun 30, 2017 20-F ↗	FY 2016 Jun 30, 2016 20-F ↗
Revenue Growth YoY (%)	-98.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1744%)	-53.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-998%)	3155.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+52484%)	-99.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1763%)	-27.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-553%)	7.8% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+30%)	1.4% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-76%)	59.8% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+896%)	—	—
EPS Growth YoY (%)	91.6% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	10.5% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	58.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	76.1% Excellent Excellent Year-over-year change in net income	35.2% Excellent Excellent Year-over-year change in net income	N/M	N/M	-835.2% Weak ↓ Weak Declining Year-over-year change in net income	N/M	15.8% Good Good Year-over-year change in net income	53.5% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	93.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	27.0% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	81.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-5.6% Weak ↑ Weak Improving Year-over-year change in free cash flow	-7.7% Weak ↑ Weak Improving Year-over-year change in free cash flow	-13.3% Weak ↑ Weak Improving Year-over-year change in free cash flow	-41.3% Weak Weak Year-over-year change in free cash flow	-45.9% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-41.0% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-67.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-61.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-87.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-7.3% Weak Weak Compound annual revenue growth over 3 years	20.4% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-79.6% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-51.0% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-42.7% Weak Weak Compound annual revenue growth over 5 years	-68.6% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Jun 30, 2025 20-F ↗	FY 2024 Jun 30, 2024 20-F ↗	FY 2023 Jun 30, 2023 20-F ↗	FY 2022 Jun 30, 2022 20-F ↗	FY 2021 Jun 30, 2021 20-F ↗	FY 2020 Jun 30, 2020 20-F ↗	FY 2019 Jun 30, 2019 20-F ↗	FY 2018 Jun 30, 2018 20-F ↗	FY 2017 Jun 30, 2017 20-F ↗	FY 2016 Jun 30, 2016 20-F ↗
Operating Margin (%) (%)	—	—	-452.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1908%)	—	-16.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-165%)	0.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-98%)	5.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	7.0% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-72%)	5.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	—
Effective Tax Rate (%) (%)	—	—	—	—	7.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-9.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.9% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.3% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	—	—	-450.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2148%)	—	-56.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-358%)	-4.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-120%)	4.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	3.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-83%)	3.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-82%)	—
FCF Margin (%) (%)	—	-274.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-109.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	—	-13.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-6.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-5.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-3.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-4.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.52x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.43x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.24x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-6.96x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.23x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	1.36x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	-1.21x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.98x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-1.03x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Jun 30, 2025 20-F ↗	FY 2024 Jun 30, 2024 20-F ↗	FY 2023 Jun 30, 2023 20-F ↗	FY 2022 Jun 30, 2022 20-F ↗	FY 2021 Jun 30, 2021 20-F ↗	FY 2020 Jun 30, 2020 20-F ↗	FY 2019 Jun 30, 2019 20-F ↗	FY 2018 Jun 30, 2018 20-F ↗	FY 2017 Jun 30, 2017 20-F ↗	FY 2016 Jun 30, 2016 20-F ↗
Return on Invested Capital (%)	-60.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-704.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-217.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-13.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	373.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	2.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	21.5% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	42.2% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	25.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-84.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-221.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-212.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-17.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-31.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	0.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.8% Good Good Operating profit relative to total assets Optimal: > 10%	20.9% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-112.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1034%)	—	-275.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-2392%)	9.3% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-22%)	—	-20.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-271%)	17.8% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+48%)	26.9% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+124%)	24.2% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+102%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Jun 30, 2025 20-F ↗	FY 2024 Jun 30, 2024 20-F ↗	FY 2023 Jun 30, 2023 20-F ↗	FY 2022 Jun 30, 2022 20-F ↗	FY 2021 Jun 30, 2021 20-F ↗	FY 2020 Jun 30, 2020 20-F ↗	FY 2019 Jun 30, 2019 20-F ↗	FY 2018 Jun 30, 2018 20-F ↗	FY 2017 Jun 30, 2017 20-F ↗	FY 2016 Jun 30, 2016 20-F ↗
Debt to Equity (x)	—	—	—	—	-3.07x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-356%)	0.32x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-74%)	0.25x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-79%)	0.35x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-71%)	—	—
Interest Coverage (x)	-4.91x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1742.31x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-124.48x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-112.84x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-44.18x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.31x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	6.58x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.49x Good Good Operating income divided by interest expense Optimal: > 5x	5.27x Good Good Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-55.64K	$-1.41M	$-16.27K	$-17.80K	$9.88M	$6.03M	$2.99M	$4.60M	—	—
Debt / EBITDA (x)	—	—	—	—	-0.76x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	14.66x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.65x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Jun 30, 2025 20-F ↗	FY 2024 Jun 30, 2024 20-F ↗	FY 2023 Jun 30, 2023 20-F ↗	FY 2022 Jun 30, 2022 20-F ↗	FY 2021 Jun 30, 2021 20-F ↗	FY 2020 Jun 30, 2020 20-F ↗	FY 2019 Jun 30, 2019 20-F ↗	FY 2018 Jun 30, 2018 20-F ↗	FY 2017 Jun 30, 2017 20-F ↗	FY 2016 Jun 30, 2016 20-F ↗
Revenue per Share (USD)	$0.00	$0.55	$1.89	$0.10	$80.84	$164.38	$168.22	$168.51	$105.46	—
Basic EPS, GAAP (USD)	$-0.28	$-3.34	—	—	—	—	$7.00	$6.33	$4.00	—
Free Cash Flow per Share (USD)	$-0.10	$-1.51	$-2.07	$-11.18	$-10.59	$-9.83	$-8.67	$-6.14	$-4.21	—
Book Value per Share (USD)	$0.17	$0.21	$3.03	$11.32	$-2.64	$33.10	$37.22	$23.39	$16.89	—
Tangible Book Value per Share (USD)	$0.17	$0.21	$3.03	$11.32	$-2.64	$25.28	$36.52	$22.57	$16.89	—
Basic Weighted Avg Shares (shares)	23.10M	5.24M	3.32M	2.02M	995,831	672,526	609,592	600,000	600,000	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Jun 30, 2025 20-F ↗	FY 2024 Jun 30, 2024 20-F ↗	FY 2023 Jun 30, 2023 20-F ↗	FY 2022 Jun 30, 2022 20-F ↗	FY 2021 Jun 30, 2021 20-F ↗	FY 2020 Jun 30, 2020 20-F ↗	FY 2019 Jun 30, 2019 20-F ↗	FY 2018 Jun 30, 2018 20-F ↗	FY 2017 Jun 30, 2017 20-F ↗	FY 2016 Jun 30, 2016 20-F ↗
Working Capital (USD)	$3.16M	$4.19M	$984.50K	$23.63M	$-6.18M	$17.54M	$22.87M	$12.13M	—	—
Total Equity (USD)	$3.90M	$1.66M	$10.26M	$34.65M	$-3.22M	$23.81M	$24.53M	$14.03M	$10.13M	$7.53M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Jun 30, 2025 20-F ↗	FY 2024 Jun 30, 2024 20-F ↗	FY 2023 Jun 30, 2023 20-F ↗	FY 2022 Jun 30, 2022 20-F ↗	FY 2021 Jun 30, 2021 20-F ↗	FY 2020 Jun 30, 2020 20-F ↗	FY 2019 Jun 30, 2019 20-F ↗	FY 2018 Jun 30, 2018 20-F ↗	FY 2017 Jun 30, 2017 20-F ↗	FY 2016 Jun 30, 2016 20-F ↗
Sales/Revenue/Turnover (USD)	$39.49K	$2.89M	$6.26M	$192.35K	$80.50M	$110.55M	$102.55M	$101.10M	$63.28M	—
Depreciation Expense (USD)	$0.00	$900.94K	—	—	—	—	$689.53K	$542.19K	$531.62K	—
Net Income, GAAP (USD)	$-4.37M	$-18.28M	$-28.22M	$3.24M	$-45.61M	$-4.88M	$4.36M	$3.77M	$2.45M	—
Operating Cash Flow (USD)	$-2.29M	$-7.93M	$-6.76M	$-14.24M	$-10.54M	$-5.91M	$-5.27M	$-3.60M	$-2.51M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 10 years · 10 quarters

BIT ORIGIN Ltd

Analytical Summary

10-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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