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Bakkt Holdings Inc   (BKKT)
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Bakkt Holdings Inc

BKKT's Financial Statements and Analysis



Bakkt Holdings Inc increased first quarter of 2024 net loss per share of $-46.50 compare to net loss per share of $-4.25 recorded in the same quarter a year ago a decrease compare to $-6.13 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ -46.5 $  865 Mill
$-42.25     $+851M     +6252.56 %



Bakkt Holdings Inc 's Revenue rose by 6252.56 % in first quarter of 2024 (Mar 31 2024) year on year, to $865 million and advanced by 302.38 % sequentially.


Bakkt Holdings Inc is

More on BKKT's Income Statement



Bakkt Holdings Inc in the first quarter of 2024 recorded net loss of $-21.275 million, an improvement compare to net loss of $-44.859 million in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-78.693 million realized in previous quarter.

More on BKKT's Growth

Bakkt Holdings Inc Inventories
BKKT's Cash flow In the first quarter of 2024 company's net cash flow was $72 million, capital expenditures grew by -3.719-52.38%, to $-2 millions compare to same quarter a year ago

More on BKKT's Cash flow Statement


Bakkt Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Bakkt Holdings Inc earned $ 141.79 cash per share, on a free-cash flow basis .

Book value grew by 1,857.72 % sequentially to $745.38 per share.
Tangible Book value grew to $ 341.60 per share from $ 18.18.

Company repurchased 3.39 million shares or 95.07 % in Mar 31 2024.


More on BKKT's Dividends

 Market Capitalization (Millions) 3
 Shares Outstanding (Millions) 0
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 1,634
 Net Income (TTM) (Millions $) -202
 Cash Flow (TTM) (Millions $) 53
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 765




Bakkt Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Bakkt Holdings Inc had $ 141.79 cash flow per share, on a free-cash flow basis .

Book value grew by 1,857.72 % sequentially to $745.38 per share.
Tangible Book value grew to $ 341.60 per share from $ 18.18.

Company repurchased 3.39 million shares or 95.07 % in Mar 31 2024.


More on BKKT's Balance Sheets

 Market Capitalization (Millions) 3
 Shares Outstanding (Millions) 0
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 1,634
 Net Income (TTM) (Millions $) -202
 Cash Flow (TTM) (Millions $) 53
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 765
   


  News about Bakkt Holdings Inc Earnings

Bakkt Holdings Inc. Releases Encouraging Data for the Entire Fiscal Year

Bakkt Holdings Inc is a company that has experienced impressive revenue growth in recent years, with a year-on-year increase of 6252.564% to $864.58 million in the most recent fiscal period. This growth far outstrips that of many of its competitors in the Miscellaneous Financial Services industry, which saw an average top-line growth of 14.32% in the first quarter of 2024 compared to the same period in 2023.
Despite this strong revenue growth, Bakkt Holdings Inc also reported an increased deficit per share of $-1.86 in the most recent financial period. This represents a significant jump from the previous quarter, where the deficit per share was $-0.25. However, the company did manage to reduce its net lo...

Bakkt Holdings Inc. Reports impressive revenue growth but remains in the red with a deficit of $-0.25 per share

Bakkt Holdings Inc. (NYSE: BKKT) may have reported impressive revenue growth in the last quarter of 2023, but the company's bottom line is still in the red. Despite a revenue improvement of over 500% year on year, Bakkt announced a net loss of $-0.25 per share. While the company has managed to narrow its deficit from the previous year, the fact remains that Bakkt is still not profitable.
The leadership transition at Bakkt, with Andy Main taking over as the new CEO, raises questions about the company's future direction. Gavin Michael, who is stepping down as CEO, has been instrumental in guiding Bakkt through challenging times. His departure could signal uncertainty within the company and potentially impa...

Bakkt Holdings Inc's Epic Surge in Revenue Fails to Translate into Profitability: What's Next for the Financial Technology Company?

Bakkt Holdings, Inc., a leading financial technology company that specializes in cryptocurrency trading, recently announced its plans to expand its crypto capabilities into international markets by the end of the year. The company aims to tap into numerous markets and serve both existing and newly-signed clients.
In Latin America, Bakkt has strengthened its crypto trading capabilities by partnering with Hapi, a stock trading platform. Together, they have expanded into Mexico and Argentina and are also planning to go live in Brazil by the end of 2023. This move into Latin America reflects Bakkt's strategic efforts to enter emerging markets and cater to the growing demand for cryptocurrencies in the region...

Bakkt Holdings Inc Faces Severe Challenges in Reporting Season with Disastrous Q1 2023 Earnings

The recent financial results of Bakkt Holdings Inc reveale...


Date modified: 2024-05-23T21:05:23+00:00





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