| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.4M | 141K | 63K | 59.9K | Depreciation And Amortization | 17.3M | 5.5M | 3.2M | 3.0M |
Ownership Breakdown
| Retail Investors74.26% | Insiders24.38% |
| Retail Investors | 74.26 | |
| Insiders | 24.38 | |
| Institutions | 1.36 |
What are the odds of BTC Digital decreasing in December?
 | By Raphi Shpitalnik | Macroaxis Story |
As December approaches, investors are casting a wary eye on BTC Digital, a player in the technology sector with a focus on semiconductors. Despite its promising position in the industry, the company faces significant financial challenges, including a net income loss of 2.8 million and a negative return on equity of 0.17. These figures raise concerns about its financial health and potential for a downturn. With only 20 full-time employees, BTC Digital's lean structure might not be enough to weather the storm, prompting investors to carefully consider the risks and rewards of holding this stock through the end of the year. Currently, BTC Digital's price-to-book ratio remains relatively stable compared to last year. The enterprise value to sales ratio is expected to rise to 0.84 in 2024, even though the return on invested capital might dip to -0.12. With conservative investors increasingly interested in the semiconductor and semiconductor equipment sectors, BTC Digital might catch your attention. Let's explore why investors might still find value in this company. I'll also highlight some key indicators that BTC Digital investors should keep an eye on this December.
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Reviewed by Michael Smolkin
As we look at BTC Digital's trading potential in December, investors might be cautious given the company's significant operating income loss of 2.5M and the relatively high selling and marketing expenses of 225K. These figures suggest that while the company is investing heavily in its market presence, it is yet to translate these efforts into profitability, which could signal a potential downturn in the stock's performance.
Main Ideas
BTC Digital is currently priced at $7.70 per share, which seems high given its modest future outlook. The company has a performance score of 13 out of 100, indicating room for improvement. With a Beta of -4.81, BTC Digital carries significant risk compared to the market. This means that when the market's returns rise, BTC Digital's returns are likely to drop more sharply. Conversely, during market downturns, BTC Digital might perform better than the broader market. To assess potential future returns, consider using BTC Digital's coefficient of variation, semi-variance, and period momentum indicator. Additionally, examine the relationship between the Treynor ratio and daily balance of power for a more comprehensive analysis.The performance of BTC Digital in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence BTC Digital's stock prices. When investing in BTC Digital, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, BTC Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as BTC Digital carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.How does BTC utilize its cash?
At this time, BTC Digital's Other Non Cash Items is comparatively stable compared to the past year. . To perform a cash flow analysis of BTC Digital, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash BTC Digital is receiving and how much cash it distributes out in a given period. The BTC Digital cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
BTC Digital Gross Profit
BTC Digital Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing BTC Digital previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show BTC Digital Gross Profit growth over the last 10 years. Please check BTC Digital's gross profit and other fundamental indicators for more details.
Is BTC Digital valued wisely by the market?
The market capitalization of BTC Digital is USD51.56 Million. BTC Digital shows substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Investors often remind themselves that not all that glitters is gold, especially when evaluating stocks like BTC Digital. With a net income loss of 2.8 million and an operating margin of negative 0.27, the company faces significant financial challenges that could lead to a downturn in December. The probability of bankruptcy stands alarmingly high at 74.92%, raising red flags for potential investors. Despite a market capitalization of 51.56 million, the company's profitability metrics, such as a return on equity of negative 0.17, suggest caution. While insiders hold 24.38% of shares, indicating some level of confidence, the overall financial health and industry volatility in the computer hardware sector warrant a careful assessment before making any investment decisions..
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