BitVentures Limited (BVC) financial statements
BitVentures Limited reported revenue of $0 in fiscal 2025, down 53.4% a year over 3 years.
Net income was -$5M.
Free cash flow was -$6M.
The diluted share count rose 164570% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from BitVentures Limited's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $277M | $9M | $19M | $28M | $0 |
| Selling, general and admin | $80M | $9M | $7M | $7M | $3M |
| Operating income | $43M | -$5M | -$3M | -$774,000 | -$4M |
| Pre-tax income | $45M | -$6M | -$3M | -$765,000 | -$6M |
| Income tax | $13M | $5,000 | $0 | $0 | $117,000 |
| Net income | $31M | -$6M | -$3M | -$743,000 | -$5M |
| EPS (diluted) | — | -$0.11 | -$0.06 | -$0.01 | -$0.06 |
| Diluted shares | 0M | 56M | 56M | 56M | 88M |
| Operating margin | 15.4% | -61.0% | -17.9% | -2.8% | — |
| Net margin | 11.3% | -69.8% | -18.7% | -2.7% | — |
Balance sheet
Fiscal years, from BitVentures Limited's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $68M | $3M | $13M | $13M | $10M |
| Receivables | $92M | $84M | $57M | — | — |
| Total current assets | $229M | $200M | $13M | $16M | $10M |
| Property, plant and equipment | $3M | $48M | $3,000 | $3,000 | $5,000 |
| Goodwill | — | $11M | $36M | — | — |
| Total assets | $237M | $266M | $17M | $17M | $10M |
| Total current liabilities | $123M | $116M | $13M | $14M | $158,000 |
| Total liabilities | $125M | $117M | $14M | $14M | $158,000 |
| Shareholders' equity | $11M | $6M | $3M | $3M | $10M |
| Net debt | -$68M | -$3M | -$13M | -$13M | -$950,000 |
Cash flow
Fiscal years, from BitVentures Limited's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $50M | -$107,000 | $9M | $3M | -$6M |
| Capital spending | $2M | — | $0 | $0 | $2,000 |
| Free cash flow | $49M | — | $9M | $3M | -$6M |
| Stock-based compensation | $3M | $1M | $753,000 | $102,000 | $236,000 |
| Net borrowing | — | -$155,000 | -$288,000 | — | — |
| Free cash flow margin | 17.6% | — | 50.8% | 9.1% | — |
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Open BVC in InvestinglyQuestions
What was BitVentures Limited's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
How much free cash flow does BitVentures Limited generate?
-$6M in fiscal 2025 (operating cash flow minus capital spending).
From BitVentures Limited's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.