Bakkt Holdings, Inc. (BKKT)

Bakkt Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	39.05	52.88	98.33	391.36	75.36
Short-Term Investments	1.24	18.34	147.51	-	1.82
Cash & Short-Term Investments	40.29	71.22	245.84	391.36	77.18
Cash Growth	-43.43%	-71.03%	-37.18%	407.05%	-1.83%
Accounts Receivable	18.88	24.5	16.07	16.64	8.1
Other Receivables	4.53	4.22	2.79	1.5	2.31
Receivables	23.41	28.73	18.86	18.14	10.41
Prepaid Expenses	6.54	16.36	28.88	32.21	5.37
Restricted Cash	24.89	31.84	16.5	16.5	16.5
Other Current Assets	88.72	32.95	16.38	5.34	22.61
Total Current Assets	183.85	181.09	326.47	463.55	132.06
Property, Plant & Equipment	11.8	11.52	39.38	17.36	22.22
Long-Term Investments	-	-	-	-	2.71
Goodwill	68	68	15.85	1,527	233.43
Other Intangible Assets	2.9	2.9	55.83	388.47	62.2
Other Long-Term Assets	2.83	1.81	17.98	17.79	15.75
Total Assets	269.38	265.31	455.5	2,414	468.38
Accounts Payable	6.46	14.93	25.98	10.65	7.17
Accrued Expenses	15.86	20.41	29.46	34.1	22.68
Current Portion of Leases	4.28	3.64	3.01	0.62	1.08
Current Unearned Revenue	1.61	4.28	3.97	4.63	4.28
Other Current Liabilities	109.52	57.26	29.71	23.62	15.87
Total Current Liabilities	137.72	100.52	92.13	73.6	51.08
Long-Term Leases	19.26	23.53	23.4	10.65	1.22
Long-Term Unearned Revenue	2.62	3.2	3.11	4.82	4.1
Long-Term Deferred Tax Liabilities	-	-	-	11.59	0.1
Other Long-Term Liabilities	46.92	2.36	0.79	19.45	23.56
Total Liabilities	206.52	129.6	119.43	120.11	80.05
Common Stock	0	0	0.03	0.03	495.22
Additional Paid-In Capital	832.69	799.68	772.97	566.77	-
Retained Earnings	-797.96	-751.3	-676.45	-98.34	-112.5
Comprehensive Income & Other	-0.84	-0.1	-0.29	-0.06	5.62
Total Common Equity	33.89	48.28	96.26	468.4	388.33
Minority Interest	28.96	87.43	239.81	1,826	-
Shareholders' Equity	62.85	135.71	336.07	2,294	388.33
Total Liabilities & Equity	269.38	265.31	455.5	2,414	468.38
Total Debt	23.54	27.16	26.42	11.26	2.3
Net Cash (Debt)	16.75	44.06	219.42	380.1	74.89
Net Cash Growth	-61.98%	-79.92%	-42.27%	407.57%	-4.75%
Net Cash Per Share	2.86	12.36	77.08	175.91	0.09
Filing Date Shares Outstanding	6.53	5.67	3.29	2.29	852.77
Total Common Shares Outstanding	6.51	3.79	3.24	2.29	852.77
Working Capital	46.13	80.57	234.34	389.94	80.99
Book Value Per Share	5.21	12.73	29.74	204.85	0.46
Tangible Book Value	-37.01	-22.62	24.58	-1,447	92.7
Tangible Book Value Per Share	-5.68	-5.96	7.59	-632.91	0.11
Machinery	0.87	0.8	7.04	3.01	1.81
Leasehold Improvements	0.28	-	10.1	0.28	0.48

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q