XNYSBKKT
Market cap2.16bUSD
Dec 27, Last price
27.49USD
1D
-9.60%
1Q
178.80%
IPO
149.91%
Name
Bakkt Holdings Inc
Chart & Performance
P/E
—
P/S
2.77
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
780m
+1,329.68%
Net income
-75m
L-87.05%
CFO
-61m
L-48.39%
Earnings
May 30, 2025
Profile
Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
IPO date
Sep 23, 2020
Employees
1,037
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 780,136 1,329.68% | 54,567 46.40% | 37,273 30.81% | ||
Cost of revenue | 885,157 | 204,725 | 350,499 | ||
Unusual Expense (Income) | |||||
NOPBT | (105,021) | (150,158) | (313,226) | ||
NOPBT Margin | |||||
Operating Taxes | 444 | (11,320) | 295 | ||
Tax Rate | |||||
NOPAT | (105,465) | (138,838) | (313,521) | ||
Net income | (74,854) -87.05% | (578,105) 138.24% | (242,658) 204.83% | ||
Dividends | |||||
Dividend yield | |||||
Proceeds from repurchase of equity | (2,634) | (2,584) | 227,470 | ||
BB yield | 33.15% | 76.28% | -46.76% | ||
| Debt | |||||
Debt current | 3,636 | 3,014 | 615 | ||
Long-term debt | 50,686 | 49,818 | 21,909 | ||
Deferred revenue | 3,198 | 3,112 | 4,819 | ||
Other long-term liabilities | 2,356 | (1,895) | 7,841 | ||
Net debt | (15,958) | (46,091) | (366,677) | ||
| Cash flow | |||||
Cash from operating activities | (60,697) | (117,597) | (134,302) | ||
CAPEX | (9,433) | (30,543) | (15,687) | ||
Cash from investing activities | 65,970 | (171,961) | 16,917 | ||
Cash from financing activities | (2,634) | (2,584) | 256,828 | ||
FCF | (91,531) | (160,854) | (303,773) | ||
| Balance | |||||
Cash | 70,280 | 239,394 | 391,400 | ||
Long term investments | (140,471) | (2,199) | |||
Excess cash | 31,273 | 96,195 | 387,337 | ||
Stockholders' equity | (663,942) | (436,899) | 1,727,730 | ||
Invested Capital | 832,371 | 800,606 | 1,942,485 | ||
ROIC | |||||
ROCE | |||||
| EV | |||||
Common stock shares outstanding | 3,563 | 2,847 | 57,164 | ||
Price | 2.23 87.39% | 1.19 -86.02% | 8.51 -15.58% | ||
Market cap | 7,946 134.57% | 3,388 -99.30% | 486,469 86.18% | ||
EV | 79,420 | 197,108 | 1,945,892 | ||
EBITDA | (91,089) | (124,808) | (298,292) | ||
EV/EBITDA | |||||
Interest | 1,877 | 247 | |||
Interest/NOPBT | |||||