Athena Bitcoin Global (ABIT) AI Stock Analysis

• Market Cap: $21.50M
• Dividend Yield: N/A
• Average Volume (3M): 484.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 7.86
• Revenue Growth: -12.55%
• EPS Growth: -102.70%
• Country: US
• Employees: 47
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): <0.01
• Shares Outstanding: 4,095,009,500
• 10 Day Avg. Volume: 603,989
• 30 Day Avg. Volume: 484,113
• PEG Ratio: -5.92
• Price to Book (P/B): 21.09
• Price to Sales (P/S): 1.58
• P/FCF Ratio: 41.36
• Enterprise Value/Market Cap: 2.22
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: $0.00 ▼(-100.00% Downside)

Athena Bitcoin Global's overall stock score is primarily impacted by weak financial performance and negative technical indicators. The lack of profitability and bearish market momentum are significant concerns. Valuation metrics further highlight the stock's unattractiveness, contributing to the low score.

Positive Factors

Business Model Strength

The diversified revenue streams from ATMs, mobile wallets, and trading platforms provide resilience and adaptability in changing market conditions.

Market Position

Being a leader in cryptocurrency solutions positions Athena Bitcoin Global to capitalize on the growing adoption of digital currencies.

Operational Stability

Positive EBIT and EBITDA margins indicate operational stability, suggesting the company can manage costs effectively despite revenue challenges.

Negative Factors

Revenue Decline

Declining revenue growth reflects challenges in maintaining sales momentum, which could hinder long-term growth prospects.

High Leverage

High leverage increases financial risk, potentially limiting the company's ability to invest in growth opportunities and manage downturns.

Liquidity Concerns

Declining free cash flow growth suggests liquidity issues, which can impact the company's ability to fund operations and strategic initiatives.

Athena Bitcoin Global Business Overview & Revenue Model

Company Description

Athena Bitcoin Global develops, owns, and operates a network of Athena Bitcoin ATMs. It purchases and sells Bitcoin, Ethereum, Litecoin, and BCH through its Bitcoin ATMs. It offers Ruru, a comprehensive financial platform that facilitates the use of digital currency and electronic banking to power economies in need of access and inclusion. It also provides Athena Crypto Exchange, a service to provide a high-touch trading experience for digital assets, and personalized and over-the-counter trading service to individuals and institutions for the buying and selling of bitcoin and other crypto. The company operates 550 Athena Bitcoin ATMs. Athena Bitcoin Global was formerly known as GamePlan, Inc. and changed its name to Athena Bitcoin Global in March 2021. The company was incorporated in 1991 and is based in Chicago, Illinois.

How the Company Makes Money

Athena Bitcoin Global generates revenue through multiple key streams. Primarily, the company earns money from transaction fees associated with its Bitcoin ATMs, where users pay a fee to buy or sell Bitcoin. Additionally, ABIT charges fees for transactions processed through its mobile wallet and trading platform, contributing to its revenue. The company may also engage in partnerships with retail businesses, allowing them to accept Bitcoin payments and earning a percentage of those transactions. Furthermore, by leveraging strategic collaborations with financial institutions and payment processors, ABIT enhances its service offerings and expands its market reach, thereby driving additional income.

Athena Bitcoin Global Financial Statement Overview

Summary

Athena Bitcoin Global's financial performance is challenged by declining revenue growth, negative net profit margin, high leverage, and liquidity concerns. The positive EBIT and EBITDA margins provide some operational stability, but overall financial health is weak.

Income Statement

Athena Bitcoin Global's income statement reveals mixed performance. The TTM data shows a decline in revenue growth rate by 4.47%, indicating challenges in maintaining sales momentum. Gross profit margin stands at 11.92%, which is below industry standards, and net profit margin is negative, reflecting operational inefficiencies. However, the company has managed to maintain a positive EBIT margin of 2.61% and EBITDA margin of 5.42%, suggesting some operational stability.

Balance Sheet

The balance sheet indicates a high debt-to-equity ratio of 1.45, signaling significant leverage and potential financial risk. Return on equity is negative, highlighting challenges in generating returns for shareholders. The equity ratio is relatively low, suggesting limited equity financing and potential vulnerability in asset management.

Cash Flow

Cash flow analysis shows a concerning decline in free cash flow growth by 80.42% in the TTM period, indicating potential liquidity issues. The operating cash flow to net income ratio is 1.60, which is positive, but the free cash flow to net income ratio is slightly above 1, suggesting limited cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	256.51M	285.39M	191.81M	73.69M	81.75M	68.94M
Gross Profit	30.84M	39.80M	27.56M	10.42M	3.26M	6.55M
EBITDA	12.15M	22.07M	22.42M	8.25M	1.02M	3.37M
Net Income	-368.00K	10.28M	11.16M	4.14M	-3.64M	160.00K
Balance Sheet
Total Assets	―	87.73M	48.50M	13.51M	15.00M	6.47M
Cash, Cash Equivalents and Short-Term Investments	―	18.87M	17.49M	3.21M	4.84M	3.43M
Total Debt	―	43.30M	29.78M	9.49M	13.32M	7.70M
Total Liabilities	―	66.36M	37.61M	13.71M	22.57M	9.75M
Stockholders Equity	―	21.37M	10.89M	-203.00K	-7.57M	-3.27M
Cash Flow
Free Cash Flow	8.40M	10.90M	-19.54M	-62.30M	-81.34M	1.62M
Operating Cash Flow	6.94M	17.68M	-14.06M	-5.56M	-4.14M	2.48M
Investing Cash Flow	-1.58M	-9.81M	26.99M	5.12M	1.78M	5.46M
Financing Cash Flow	-9.85M	-8.61M	1.61M	-1.20M	5.13M	1.23M

Athena Bitcoin Global Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABIT, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.25 is Neutral, neither overbought nor oversold. The STOCH value of 21.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ABIT.

Athena Bitcoin Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BTCS	56 Neutral	$104.92M	3.11	43.45%	1.65%	482.50%	82.04%
BTM	56 Neutral	$74.81M	7.74	1375.23%	―	8.60%	―
GREE	45 Neutral	$20.38M	-5.99	―	―	-3.52%	83.39%
MIGI	42 Neutral	$4.71M	-0.32	―	―	-11.39%	79.96%
ARBK	39 Underperform	$7.89M	-0.02	―	―	-13.86%	-32.19%
ABIT	38 Underperform	$21.50M	-55.00	-1.59%	―	-12.55%	-102.70%

Athena Bitcoin Global Corporate Events

Athena Bitcoin Global Repays $3M Loan to KGPLA

On November 24, 2025, Athena Bitcoin Global fully repaid approximately $3 million owed to KGPLA Holdings LLC, effectively terminating all obligations under the Convertible Debenture, Senior Secured Loan Agreement, and Security Agreement. This voluntary prepayment, made using cash on hand without incurring penalties, marks a significant financial move for the company, potentially impacting its operational flexibility and stakeholder relations.