Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Athena Bitcoin Global files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2006
FY2007
FY2008
FY2009
FY2011
FY2011
FY2012
FY2013
FY2025
FY2025
Revenue
0
0
0
0
285
235
Cost of revenue
247
210
Gross profit
38
24.8
Research and development
1.35
1.55
Selling and marketing
1.9
1.57
General and administrative
0.02
0.02
0.01
0.02
10.5
16.4
Operating expenses
0.12
0.12
0.11
0.1
18.7
23.8
Operating income
-0.12
-0.12
-0.11
-0.1
19.3
1.02
Interest expense
0.09
0.1
0.1
0.11
1.88
0.75
Interest income
0
0
0
0
Other non-operating income
-0.33
-0.1
Pre-tax income
-0.21
-0.22
-0.21
-0.2
15
-6.69
Income tax
0
0
0
0
4.73
-0.66
Net income
-0.06
-0.08
-0.22
-0.11
-0.21
-0.22
-0.21
-0.2
10.3
-6.03
EBITDA
-0.12
-0.12
-0.11
-0.1
24.5
10.5
EPS, basic
-0.01
-0.01
-0.01
-0.01
0.00
-0.00
EPS, diluted
-0.01
-0.01
-0.01
-0.01
0.00
-0.00
Shares, basic (weighted)
21.3
21.3
15.2
15.2
4,095
4,095
Shares, diluted (weighted)
21.3
21.3
15.2
15.2
4,466
4,095
Balance sheet
FY2006
FY2007
FY2008
FY2009
FY2011
FY2011
FY2012
FY2013
FY2025
FY2025
Cash and equivalents
0
0
0
0
0
17.5
11.4
Receivables
1.34
4.08
Other current assets
0
2.7
3.97
Total current assets
0
0
0
0
22.9
24.2
Property, plant and equipment
16.2
12.3
Lease right-of-use assets
33.6
29
Other non-current assets
0.03
0.07
Total assets
0
0
0
0
78
69.5
Accounts payable
0
0
0
0
4.75
1.35
Accrued liabilities
6.31
14.5
Deferred revenue
0.12
3.79
Short-term debt
0.26
4.37
Total current liabilities
0.01
0.02
0.02
1.41
25.4
33.4
Long-term debt
3.34
0
Lease liabilities
24
20.4
Total liabilities
1.06
1.18
1.29
1.41
56.7
54.2
Total debt
4.37
Paid-in capital
0.95
1.04
1.13
1.21
12
12
Retained earnings
5.54
-0.5
Other comprehensive income
-0.24
-0.27
Shareholders' equity
-0.64
-0.73
-0.85
-0.95
-1.06
-1.18
-1.29
-1.41
21.4
15.3
Total equity
-0.64
-0.73
-0.85
-0.95
-1.06
-1.18
-1.29
-1.41
21.4
15.3
Total liabilities and equity
0
0
0
0
78
69.5
Shares outstanding
21.3
21.3
15.2
15.2
4,095
4,095
Cash flow statement
FY2006
FY2007
FY2008
FY2009
FY2011
FY2011
FY2012
FY2013
FY2025
FY2025
Net income
-0.06
-0.08
-0.22
-0.11
-0.21
-0.22
-0.21
-0.2
10.3
-6.03
Depreciation and amortization
0
0
0
0
5.17
9.51
Stock-based compensation
0.1
0.1
0.1
0.08
0
0
Deferred income tax
0.52
-0.53
Change in receivables
-1.51
-2.74
Change in payables
-0
0
-0
-0
7.69
6.88
Cash from operations
-0.02
-0.02
-0.01
-0.02
17.7
12.6
Capital expenditures
0
0
0
0
Cash from investing
0
0
0
0
-9.81
-3.97
Debt issued
0.46
0.72
Debt repaid
-3.13
-8.15
Stock issued
0
0
0
0
0.06
0
Cash from financing
0.02
0.02
0.01
0.02
-8.61
-11.1
Exchange rate effect
0.01
-0.03
Net change in cash
-0
-0
-0.73
-2.46
Free cash flow
-0.02
-0.02
-0.01
-0.02
Interest paid
0
0
0
0
0.71
0.81
Income taxes paid
0
0
0
0
6.18
1.83
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.00 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
9.5%
Gross profit / revenue.
Operating margin
-1.8%
Operating income / revenue.
EBITDA margin
2.6%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-5.4%
Pre-tax income / revenue.
Net margin
-4.6%
Net income / revenue.
Operating cash flow margin
4.9%
Cash from operations / revenue.
Return on equity (ROE)
-61.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-15.7%
Net income / average total assets.
Return on invested capital (ROIC)
-105.5%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
0.8%
Research and development expense / revenue.
Stock-based pay / revenue
0.0%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
4.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-17.8%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-34.6%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-94.7%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-57.0%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-158.7%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-162.3%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-28.6%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-28.4%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-11.0%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
-8.3%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.75x
Current assets / current liabilities.
Quick ratio
0.58x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.58x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.18x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
4.6%
Total debt / total assets.
Liabilities / assets
74.5%
Total liabilities / total assets.
Net debt
-$12.1M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
-2.37x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.05
Revenue / diluted weighted shares.
Operating cash flow per share
$0.00
Cash from operations / diluted weighted shares.
Book value per share
$0.00
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.00x
Market cap / revenue.
P/B
0.03x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.03x
Market cap / tangible book value, when positive.
P/OCF
0.04x
Market cap / cash from operations, when positive.
Earnings yield
-2,228.0%
Net income / market cap (the inverse of P/E).
What was Athena Bitcoin Global's revenue in fiscal 2025?
Athena Bitcoin Global reported revenue of $234.6M for fiscal 2025, 17.8% lower than the year before.
Was Athena Bitcoin Global profitable in fiscal 2025?
No. It reported a net loss of $6.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.