Bakkt Holdings, Inc. (BKKT)

Bakkt Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43.49	39.05	52.88	98.33	391.36	75.36
Short-Term Investments	1.57	1.24	18.34	147.51	-	1.82
Cash & Short-Term Investments	45.06	40.29	71.22	245.84	391.36	77.18
Cash Growth	-27.78%	-43.43%	-71.03%	-37.18%	407.05%	-1.83%
Accounts Receivable	19.2	18.88	24.5	16.07	16.64	8.1
Other Receivables	2.54	4.53	4.22	2.79	1.5	2.31
Receivables	21.74	23.41	28.73	18.86	18.14	10.41
Prepaid Expenses	4.21	6.54	16.36	28.88	32.21	5.37
Restricted Cash	17.97	24.89	31.84	16.5	16.5	16.5
Other Current Assets	21.49	88.72	32.95	16.38	5.34	22.61
Total Current Assets	110.46	183.85	181.09	326.47	463.55	132.06
Property, Plant & Equipment	8.94	11.8	11.52	39.38	17.36	22.22
Long-Term Investments	-	-	-	-	-	2.71
Goodwill	64.66	68	68	15.85	1,527	233.43
Other Intangible Assets	2.9	2.9	2.9	55.83	388.47	62.2
Other Long-Term Assets	3.18	2.83	1.81	17.98	17.79	15.75
Total Assets	190.14	269.38	265.31	455.5	2,414	468.38
Accounts Payable	5.37	6.46	14.93	25.98	10.65	7.17
Accrued Expenses	19.41	15.86	20.41	29.46	34.1	22.68
Current Portion of Leases	3.24	4.28	3.64	3.01	0.62	1.08
Current Unearned Revenue	1.63	1.61	4.28	3.97	4.63	4.28
Other Current Liabilities	41.24	109.52	57.26	29.71	23.62	15.87
Total Current Liabilities	93.19	137.72	100.52	92.13	73.6	51.08
Long-Term Leases	13.78	19.26	23.53	23.4	10.65	1.22
Long-Term Unearned Revenue	2.06	2.62	3.2	3.11	4.82	4.1
Long-Term Deferred Tax Liabilities	-	-	-	-	11.59	0.1
Other Long-Term Liabilities	23.28	46.92	2.36	0.79	19.45	23.56
Total Liabilities	132.32	206.52	129.6	119.43	120.11	80.05
Common Stock	0	0	0	0.03	0.03	495.22
Additional Paid-In Capital	840.67	832.69	799.68	772.97	566.77	-
Retained Earnings	-804.98	-797.96	-751.3	-676.45	-98.34	-112.5
Comprehensive Income & Other	-0.4	-0.84	-0.1	-0.29	-0.06	5.62
Total Common Equity	35.29	33.89	48.28	96.26	468.4	388.33
Minority Interest	22.53	28.96	87.43	239.81	1,826	-
Shareholders' Equity	57.83	62.85	135.71	336.07	2,294	388.33
Total Liabilities & Equity	190.14	269.38	265.31	455.5	2,414	468.38
Total Debt	39.33	23.54	27.16	26.42	11.26	2.3
Net Cash (Debt)	5.74	16.75	44.06	219.42	380.1	74.89
Net Cash Growth	-84.56%	-61.98%	-79.92%	-42.27%	407.57%	-4.75%
Net Cash Per Share	0.88	2.86	12.36	77.08	175.91	0.09
Filing Date Shares Outstanding	14.37	6.53	5.67	3.29	2.29	852.77
Total Common Shares Outstanding	6.97	6.51	3.79	3.24	2.29	852.77
Working Capital	17.27	46.13	80.57	234.34	389.94	80.99
Book Value Per Share	5.06	5.21	12.73	29.74	204.85	0.46
Tangible Book Value	-32.26	-37.01	-22.62	24.58	-1,447	92.7
Tangible Book Value Per Share	-4.63	-5.68	-5.96	7.59	-632.91	0.11
Machinery	0.88	0.87	0.8	7.04	3.01	1.81
Leasehold Improvements	0.28	0.28	-	10.1	0.28	0.48

Updated May 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q