If you are looking for stocks that are well positioned to maintain their recent uptrend, Bitcoin Depot Inc. (BTM) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Bitcoin Depot Inc. (BTM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does Bitcoin Depot Inc. (BTM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Bitcoin Depot Inc. (BTM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Bitcoin Depot's Q1 showcased strong operational momentum with revenue climbing 19% YoY to $164.2, adjusted gross margin expanding by 7.7 percentage points, and Adjusted EBITDA tripled to $20.3 million. Despite improved operating cash flow, Bitcoin Depot's balance sheet remains structurally fragile with a shareholders' deficit of approximately $4.6 million due to liabilities exceeding assets. Operational focus is shifting from rapid fleet expansion to maximizing unit economics by optimizing the existing BTM network, with second-year kiosks reportedly generating around 50% more revenue.
Bitcoin Depot Inc. (NASDAQ:BTM ) Q1 2025 Earnings Conference Call May 15, 2025 10:00 AM ET Company Participants Cody Slach - Senior MD Brandon Mintz - CEO David Gray - CFO Scott Buchanan - Director, COO, and Principal Financial Officer Conference Call Participants Mike Grondahl - Northland Capital Markets Mike Colonnese - H.C. Wainwright Harold Goetsch - B.
Bitcoin Depot Inc. (BTM) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.25 per share a year ago.
Bitcoin Depot Inc. (BTM) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.50 per share a year ago.
Bitcoin Depot Inc. (NASDAQ:BTM ) Q4 2024 Earnings Conference Call March 18, 2025 10:00 AM ET Company Participants Brandon Mintz - CEO Scott Buchanan - COO and Interim CFO Cody Slach - IR Conference Call Participants Mike Colonnese - H.C. Wainwright Mike Grondahl - Northland Securities Hal Goetsch - B.
Bitcoin Depot Inc. (NASDAQ:BTM ) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Cody Slach - Gateway Group Brandon Mintz - Chief Executive Officer Glen Leibowitz - Chief Financial Officer Scott Buchanan - Chief Operating Officer Conference Call Participants Mike Colonnese - H.C. Wainwright Harold Goetsch - B.
Bitcoin Depot Inc. (BTM) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.69 per share a year ago.