Bakkt Quarterly Income Statements Chart
Quarterly
|
Annual
Bakkt Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-10-15 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenues: | ||||||||||
| crypto services | 841,340,000 | 199,462,000 | 191,750,000 | 335,333,000 | ||||||
| loyalty services | 13,242,000 | 15,052,000 | 13,024,000 | 12,296,000 | ||||||
| total revenues | 854,582,000 | 214,514,000 | 204,774,000 | 347,629,000 | 12,986,000 | 15,603,000 | 12,860,000 | 13,572,000 | 12,532,000 | |
| yoy | 6480.79% | 1274.83% | 1492.33% | 2461.37% | 3.62% | |||||
| qoq | 298.38% | 4.76% | -41.09% | 2576.95% | -16.77% | 21.33% | -5.25% | 8.30% | ||
| operating expenses: | ||||||||||
| crypto costs | 831,972,000 | 196,910,000 | 189,428,000 | 331,810,000 | ||||||
| execution, clearing and brokerage fees | 5,630,000 | 870,000 | 697,000 | 2,205,000 | ||||||
| compensation and benefits | 24,531,000 | 16,224,000 | 24,608,000 | 27,066,000 | 34,144,000 | 31,914,000 | 37,800,000 | 34,247,000 | 35,088,000 | |
| professional services | 3,635,000 | 3,178,000 | 1,962,000 | 2,864,000 | 2,378,000 | 2,192,000 | 2,707,000 | 1,910,000 | 4,675,000 | |
| technology and communication | 5,772,000 | 5,190,000 | 5,536,000 | 4,393,000 | 5,718,000 | 4,420,000 | 4,137,000 | 4,164,000 | 4,358,000 | |
| selling, general and administrative | 7,811,000 | 11,663,000 | 7,447,000 | 7,566,000 | 6,709,000 | 8,419,000 | 7,792,000 | 9,769,000 | 9,435,000 | |
| acquisition-related expenses | 11,000 | -12,754,000 | -739,000 | 17,016,000 | 776,000 | 4,527,000 | 454,000 | 178,000 | 516,000 | |
| depreciation and amortization | 57,000 | 3,089,000 | 3,959,000 | 3,821,000 | 3,063,000 | 7,010,000 | 6,391,000 | 6,098,000 | 5,851,000 | |
| related party expenses | 150,000 | 757,000 | 1,033,000 | 1,512,000 | 600,000 | 267,000 | 267,000 | 267,000 | 367,000 | |
| impairment of long-lived assets | 288,000 | 30,209,000 | 56,000 | |||||||
| restructuring expenses | 6,140,000 | 137,000 | 220,000 | 4,251,000 | ||||||
| other operating expenses | 422,000 | 361,000 | 322,000 | 244,000 | 795,000 | 622,000 | 502,000 | 490,000 | 728,000 | |
| total operating expenses | 886,419,000 | 293,008,000 | 257,634,000 | 398,717,000 | 58,434,000 | 347,579,000 | 1,607,761,000 | 57,123,000 | 61,018,000 | |
| operating income | -31,837,000 | -78,494,000 | -52,860,000 | -51,088,000 | -45,448,000 | -331,976,000 | -1,594,901,000 | -43,551,000 | -48,486,000 | |
| yoy | -29.95% | -76.36% | -96.69% | 17.31% | -6.27% | |||||
| qoq | -59.44% | 48.49% | 3.47% | 12.41% | -86.31% | -79.19% | 3562.15% | -10.18% | ||
| operating margin % | -3.73% | -36.59% | -25.81% | -14.70% | -349.98% | -2127.64% | -12402.03% | -320.89% | -386.90% | |
| interest income | 956,000 | 836,000 | 1,177,000 | 701,000 | 1,624,000 | 1,039,000 | 623,000 | 153,000 | 61,000 | |
| gain from change in fair value of warrant liability | 9,046,000 | -714,000 | -214,000 | 357,000 | -1,000,000 | 3,499,000 | 428,000 | 10,283,000 | 2,428,000 | |
| other income | 716,000 | -278,000 | 379,000 | -329,000 | -17,000 | -1,463,000 | 696,000 | 374,000 | -462,000 | |
| income before income taxes | -21,119,000 | -78,650,000 | -51,518,000 | -50,359,000 | -44,841,000 | -328,901,000 | -1,593,154,000 | -32,741,000 | -46,459,000 | |
| income tax expense | -156,000 | |||||||||
| net income | -21,275,000 | -78,693,000 | -51,749,000 | -50,511,000 | -44,859,000 | -326,425,000 | -1,592,548,000 | -27,641,000 | -43,321,000 | |
| yoy | -52.57% | -75.89% | -96.75% | 82.74% | 3.55% | |||||
| qoq | -72.96% | 52.07% | 2.45% | 12.60% | -86.26% | -79.50% | 5661.54% | -36.19% | ||
| net income margin % | -2.49% | -36.68% | -25.27% | -14.53% | -345.44% | -2092.07% | -12383.73% | -203.66% | -345.68% | |
| less: net income attributable to noncontrolling interest | -13,110,000 | -51,994,000 | -34,418,000 | -33,663,000 | -30,883,000 | -227,477,000 | -1,124,416,000 | -23,744,000 | -36,193,000 | |
| net income attributable to bakkt holdings, inc. | -8,165,000 | -26,699,000 | -17,331,000 | -16,848,000 | -13,976,000 | -98,948,000 | -468,132,000 | -3,897,000 | -7,128,000 | |
| net income per share | ||||||||||
| basic | -1.86 | -0.29 | -0.19 | -0.19 | -0.17 | -1.12 | -6.11 | |||
| diluted | -1.86 | -0.29 | -0.19 | -0.19 | -0.17 | -1.12 | -6.11 | |||
| goodwill and intangible assets impairments | 37,174,000 | 23,325,000 | 274,378,000 | 1,547,711,000 | ||||||
| income tax benefit | -43,000 | -231,000 | -152,000 | -18,000 | 2,476,000 | 606,000 | 5,100,000 | 3,138,000 | ||
| net income per share | ||||||||||
| class a common stockholders per share: | ||||||||||
| basic | -0.05 | -0.12 | ||||||||
| diluted | -0.05 | -0.14 | ||||||||
We provide you with 20 years income statements for Bakkt stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Bakkt stock. Explore the full financial landscape of Bakkt stock with our expertly curated income statements.
The information provided in this report about Bakkt stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.