tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bitcoin Depot reports 3Q EPS 8c vs (5c) last year

Reports Q3 revenue $162.48M vs $135.27M last year. “Bitcoin Depot (BTM) delivered another strong quarter, exceeding the preliminary results we announced in October,” said Brandon Mintz, Founder and CEO of Bitcoin Depot. “Our third-quarter performance once again demonstrates the operating leverage in our business model, supported by continued kiosk expansion, higher transaction volumes, and disciplined cost management. As a result, we achieved meaningful revenue growth, a substantial increase in Adjusted EBITDA, and further improvement in profitability and cash generation. With over $70 million in cash and digital assets, we remain well-positioned to pursue growth opportunities and strengthen our leadership in the crypto ATM market.”

TipRanks Black Friday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1