US EditionBitcoin Depot Shares Pop as ATM Operator Posts 19% Q1 Revenue Increase
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Bitcoin Depot Shares Pop as ATM Operator Posts 19% Q1 Revenue Increase - WorldNL Magazine
In brief Bitcoin ATM operator Bitcoin Depot reported a first-quarter profit of $12.2 million compared with a loss of $4.2 million a year earlier. The company’s stock price popped 22% to $2, but shares remain 79% down from their Nasdaq listing price in July 2023. Democratic lawmakers have called on Bitcoin ATM operators to “curb fraud against elderly Americans,” while some Republicans have emerged as supporters. Shares of Bitcoin Depot popped 20%…
Release - Bitcoin Depot Reports First Quarter 2025 Financial Results - Channelchek
Research News and Market Data on BTM May 15, 2025 8:00 AM EDT Download as PDF Q1 Revenue up 19% Year-Over-Year to $164.2 Million Q1 Net Income up Significantly to $12.2 Million Compared to a Net Loss of $4.2 Million in the Prior Year Quarter Q1 Adjusted Gross Profit up 92% Year-Over-Year to $33.1 Million Q1 Adjusted EBITDA up 315% Year-Over-Year to $20.3 Million Q1 Cash from Operations of $16.3 Million ATLANTA, May 15, 2025 (GLOBE NEWSWIRE) — Bi…
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