Abits Group Inc. (ABTS)

Abits Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Sep 30, 2020
Revenue	5.34	1.68	0.16	0.22	-	0.95
Revenue Growth (YoY)	3970.67%	922.66%	-25.03%	-	-	155.52%
Cost of Revenue	3.56	0.89	0.46	-	-	-
Gross Profit	1.79	0.79	-0.3	0.22	-	0.95
Selling, General & Admin	1.88	1.47	1.67	-	1.55	0.87
Other Operating Expenses	1.97	4.53	7	1.9	-	-
Operating Expenses	3.85	6	8.66	3.09	1.55	0.87
Operating Income	-2.06	-5.21	-8.96	-2.87	-1.55	0.07
Interest Expense	-0.03	-0.02	-	-	-	-
Other Non Operating Income (Expenses)	0.45	0.09	-0.08	0.13	-	-
EBT Excluding Unusual Items	-1.65	-5.14	-9.04	-2.74	-1.55	0.07
Gain (Loss) on Sale of Investments	-	-	-1	-	-	-
Gain (Loss) on Sale of Assets	-0.08	-0.08	0.41	-	-	-
Asset Writedown	-7.36	-7.36	-11.89	-	-	-
Pretax Income	-9.1	-12.59	-21.52	-2.74	-1.55	0.07
Net Income	-9.1	-12.59	-21.52	-2.74	-1.55	0.07
Net Income to Common	-9.1	-12.59	-21.52	-2.74	-1.55	0.07
Net Income Growth	-	-	-	-	-	-75.80%
Shares Outstanding (Basic)	2	2	2	1	1	1
Shares Outstanding (Diluted)	2	2	2	1	1	1
Shares Change (YoY)	3.90%	3.90%	80.73%	16.94%	-	-62.83%
EPS (Basic)	-3.84	-5.31	-9.43	-2.17	-1.43	0.07
EPS (Diluted)	-3.84	-5.31	-9.43	-2.17	-1.43	0.07
EPS Growth	-	-	-	-	-	-34.88%
Free Cash Flow	-6.95	-7.49	-38.02	-1.1	-0.34	-1.73
Free Cash Flow Per Share	-2.93	-3.16	-16.67	-0.87	-0.32	-1.61
Gross Margin	33.42%	46.96%	-180.54%	100.00%	-	100.00%
Operating Margin	-38.62%	-309.88%	-5450.03%	-1306.77%	-	7.68%
Profit Margin	-170.22%	-748.44%	-13087.86%	-1249.19%	-	7.68%
Free Cash Flow Margin	-130.12%	-445.70%	-23124.12%	-502.60%	-	-183.24%
EBITDA	1.37	-0.24	-2.7	-	-	-
EBITDA Margin	25.57%	-14.09%	-	-	-	-
D&A For EBITDA	3.43	4.97	6.26	-	-	-
EBIT	-2.06	-5.21	-8.96	-2.87	-1.55	0.07
EBIT Margin	-38.62%	-	-	-	-	7.68%

Updated Aug 16, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q