BTC Digital Ltd. (BTCT)

BTC Digital Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	9.07	11.83	0	0	1,448
Revenue Growth (YoY)	-23.31%	-	-	-	1.66%
Cost of Revenue	10.21	10.06	0	0	755.36
Gross Profit	-1.14	1.77	0	0	692.54
Selling, General & Admin	1.35	0.72	6.76	8.16	887.89
Research & Development	0	0	0	0	32.33
Operating Expenses	1.35	0.72	6.76	8.16	920.22
Operating Income	-2.48	1.05	-6.76	-8.16	-227.68
Interest Expense / Income	0.06	0.02	0	0	2.45
Other Expense / Income	0.28	-6.66	377.54	402.83	-20.34
Pretax Income	-2.82	7.69	-384.3	-410.99	-209.8
Income Tax	0	0	0	0	9.61
Net Income	-2.82	7.69	-384.3	-410.99	-219.4
Shares Outstanding (Basic)	1	1	0	0	0
Shares Outstanding (Diluted)	1	1	0	0	0
Shares Change	118.86%	3302.50%	448.58%	-95.46%	2.98%
EPS (Basic)	-1.89	15.10	-16911.00	-510432.40	-2720.40
EPS (Diluted)	-1.89	15.10	-19151.00	-112355.80	-2720.40
Free Cash Flow	1.87	-29.32	-531.92	-346.12	-108.04
Free Cash Flow Per Share	1.25	-42.94	-23406.86	-111929.96	-1339.51
Gross Margin	-12.51%	14.94%	-	-	47.83%
Operating Margin	-27.34%	8.85%	-	-	-15.72%
Profit Margin	-31.13%	64.96%	-	-	-15.15%
Free Cash Flow Margin	20.62%	-247.79%	-	-	-7.46%
EBITDA	0.39	13.23	-273.95	-229.57	-14.06
EBITDA Margin	4.30%	111.81%	-	-	-0.97%
Depreciation & Amortization	3.15	5.52	110.35	181.42	193.28
EBIT	-2.76	7.71	-384.3	-410.99	-207.34
EBIT Margin	-30.43%	65.13%	-	-	-14.32%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).