BTOG (BTOG)
Bit Origin Ltd
NASDAQ:BTOGFinancial Services · Financial - Data & Stock Exchanges
Mkt Cap-
Float295K
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$39K
Net Income-$4.39M
Total Assets$3.54M
Free Cash Flow-$2.29M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$3.9M
Shares Outstanding
Short Interest
Split History3 splits · 3 reverse
2-year cumulative
1:300Over cap
Past the 1:250 Nasdaq cap, ineligible for a bid-price compliance period
- 1:5Reverse splitAug 21, 20265 shares → 1
- 1:60Reverse splitJan 20, 202660 shares → 1
- 1:30Reverse splitMay 30, 202330 shares → 1
Balance Sheet Details
Assets$3.54M
Liabilities$372K
Accounts Receivable$2.93M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 |
| Revenue | $39K | $2.89M | $6.26M | $192K | $0 | $24.25M | $99.08M | $101.1M | $63.28M | $34.63M |
| YoY Growth | -98.6% | -53.9% | 3155.0% | - | - | -75.5% | -2.0% | 59.8% | 82.7% | - |
| Cost of Revenue | $0 | $3.83M | $10.83M | $403K | $0 | $22.22M | $90.43M | $91.45M | $58.21M | $29.68M |
| Gross Profit | $0 | -$945K | -$4.57M | -$211K | $0 | $2.03M | $8.65M | $9.65M | $5.07M | $4.95M |
| Gross Margin | - | -32.7% | -72.9% | -109.7% | - | 8.4% | 8.7% | 9.5% | 8.0% | 14.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.03M | $3.89M | $2.98M | $5.85M | $3.47M | $4.64M | $2.57M | $4.12M | $1.55M | $2.22M |
| Other | $0 | $10M | $20.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.03M | $13.89M | $23.74M | $5.85M | $3.47M | $4.64M | $2.57M | $4.12M | $1.55M | $2.22M |
| Operating Income (EBIT) | -$2.99M | -$14.84M | -$28.3M | -$6.06M | -$3.47M | -$2.61M | $6.08M | $5.54M | $3.52M | $2.73M |
| Operating Margin | -7574.9% | -513.6% | -452.1% | -3149.6% | - | -10.8% | 6.1% | 5.5% | 5.6% | 7.9% |
| Interest Expense | $455K | $498K | $227K | $54K | $156K | $530K | $849K | $1.28M | $668K | $542K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $389K | $741K | $793K |
| Other Income (Expense) | -$1.38M | -$3.45M | $88K | $716K | -$166K | -$533K | -$838K | -$1.05M | -$191K | $183K |
| Income Before Tax (EBT) | -$4.37M | -$18.28M | -$28.22M | -$5.34M | -$3.64M | -$3.14M | $5.24M | $4.48M | $3.33M | $2.91M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $223K | $214K | $714K | $876K | $728K |
| Net Income | -$4.39M | -$17.53M | -$28.22M | $3.24M | -$45.61M | -$4.88M | $4.36M | $3.77M | $2.45M | $2.18M |
| Net Income Margin | -11108.2% | -607.0% | -450.7% | 1684.1% | - | -20.1% | 4.4% | 3.7% | 3.9% | 6.3% |
| Supplementary Data | ||||||||||
| EPS | -84.85 | -1002.00 | -2583.00 | 481.95 | -12366.10 | -1831.05 | 1777.50 | 1534.95 | 1000.00 | 889.55 |
| Diluted EPS | -84.85 | -1002.00 | -2583.00 | 481.95 | -12366.10 | -1831.05 | 1777.50 | 1534.95 | 1000.00 | 889.55 |
| Weighted Average OS | 77,016 | 17,472 | 10,930 | 6,721 | 3,688 | 2,663 | 2,455 | 2,455 | 2,455 | 2,455 |
| EBITDA | -$2.99M | -$16.89M | -$22.63M | -$5.78M | -$3.48M | -$2.61M | $6.6M | $6.08M | $4.05M | $3.32M |
| EBITDA Margin | -7574.9% | -584.6% | -361.4% | -3005.7% | - | -10.8% | 6.7% | 6.0% | 6.4% | 9.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $56K | $1.41M | $16K | $18K | $2K | $1.07M | $3.2M | $319K | $22K | $52K |
| Short-Term Investments | $0 | $179K | $2.08M | $142K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $56K | $1.59M | $2.1M | $160K | $2K | $1.07M | $3.2M | $319K | $22K | $52K |
| Accounts Receivable | $2.93M | $5.08M | $468K | $4.42M | $11.14M | $9.88M | $39.76M | $26.9M | $19.25M | $6.24M |
| Inventory | $0 | $0 | $0 | $0 | $229K | $0 | $0 | $3K | $282K | $1.14M |
| Other Current Assets | $0 | $0 | $0 | -$18.18M | $21.02M | $38.27M | $2.53M | $1.5M | $2.06M | $173K |
| Total Current Assets | $3.54M | $6.68M | $3.57M | $5.75M | $32.52M | $50.28M | $45.7M | $29.04M | $22.13M | $7.64M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $7.37M | $8.03M | $4K | $10K | $3.34M | $3.96M | $4.29M | $4.9M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $5.19M | $463K | $492K | $493K | $516K |
| Long-Term Investments | $0 | $0 | $2.39M | $3M | $0 | $0 | $10K | $10K | $10K | $2.3M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $2.33M | $649K | $0 | $220K | $93K | $50K |
| Other Long-Term Assets | $0 | $0 | $0 | $18.18M | $6.02M | $7.23M | $1.84M | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $0 | $9.76M | $29.2M | $8.35M | $13.07M | $5.65M | $4.68M | $4.89M | $7.77M |
| Other Assets | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.54M | $6.68M | $13.34M | $34.95M | $40.88M | $63.35M | $51.35M | $33.73M | $27.02M | $15.41M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $0 | $0 | $668K | $0 | $9.97M | $5.73M | $8.65M | $2.94M | $2.81M | $391K |
| Short-Term Debt | $0 | $1.88M | $1.59M | $0 | $1.3M | $6.51M | $6.93M | $9.44M | $11.87M | $5.34M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $1.03M | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $4.32M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $372K | $0 | $331K | $0 | $32.14M | $20.09M | $4.27M | $1.63M | $168K | $40K |
| Total Current Liabilities | $372K | $2.49M | $2.59M | $300K | $38.7M | $32.74M | $22.83M | $16.91M | $16.88M | $6.91M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $3.28M | $486K | $0 | $0 | $0 | $4M | $982K | $0 | $978K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $3.8M | $3.79M | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $3.28M | $486K | $0 | $3.8M | $3.79M | $4M | $982K | $0 | $978K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $372K | $5.78M | $3.07M | $300K | $42.5M | $36.52M | $26.83M | $17.9M | $16.88M | $7.89M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.8M | $0 | $0 |
| Common Stock | $17.69M | $2.33M | $1.01M | $919K | $407K | $240K | $220K | $200K | $200K | $200K |
| Retained Earnings | -$88.27M | -$81.73M | -$64.2M | -$35.98M | -$38.57M | $7.03M | $12.09M | $8.28M | $4.89M | $2.7M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $2.79M | $766K | $1.19M | $900K | $388K | $261K |
| Other Stockholders' Equity | $74.47M | $81.07M | $73.45M | $69.72M | $34.95M | $16.53M | $12.22M | $7.36M | $5.04M | $4.63M |
| Total Equity | $3.9M | $1.66M | $10.26M | $34.65M | -$3.22M | $23.81M | $24.53M | $15.83M | $10.13M | $7.53M |
| Minority Interest | -$736K | -$753K | $0 | $0 | $1.6M | $3.02M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.27M | $7.44M | $13.34M | $34.95M | $39.27M | $60.33M | $51.35M | $33.73M | $27.02M | $15.41M |
| Supplementary Data | ||||||||||
| Total Debt | $0 | $5.16M | $2.08M | $0 | $1.3M | $6.51M | $10.93M | $10.42M | $11.87M | $6.32M |
| Net Debt | -$56K | $3.75M | $2.06M | -$18K | $1.3M | $5.44M | $7.73M | $10.1M | $11.85M | $6.27M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 |
| Operating Activities | ||||||||||
| Net Income | -$6.53M | -$18.28M | -$28.22M | -$5.34M | -$3.64M | -$3.84M | $5.03M | $3.77M | $2.45M | $2.18M |
| Depreciation & Amortization | $0 | $901K | $5.36M | $277K | $0 | $2K | $522K | $542K | $532K | $589K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$1.58M | -$167K | $0 | -$127K | -$44K | -$52K |
| Stock-Based Compensation | $0 | $73K | $67K | $1.62M | $1.89M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $656K | -$2.98M | $1.01M | -$687K | $29K | -$5.02M | -$16.29M | -$12.54M | -$9.46M | -$1.95M |
| Inventory | $426K | $0 | $0 | $0 | -$224K | $3.38M | $3K | $292K | $830K | -$362K |
| Accounts Payable | $0 | -$668K | $668K | $0 | $0 | $2.45M | $5.85M | $68K | $2.41M | -$1.77M |
| Other Working Capital | -$553K | -$525K | -$6.32M | -$19.47M | $388K | -$5.65M | -$1.14M | $1.97M | $581K | $464K |
| Total Working Capital Change | $529K | -$4.17M | -$4.64M | -$20.15M | $193K | -$4.84M | -$11.58M | -$10.2M | -$5.63M | -$3.61M |
| Other Non-Cash Items | $3.71M | $13.56M | $20.67M | $9.36M | -$7.25M | $2.93M | $769K | $2.43M | $175K | $208K |
| Net Cash from Operating | -$2.29M | -$7.93M | -$6.76M | -$14.24M | -$10.39M | -$5.91M | -$5.27M | -$3.6M | -$2.51M | -$685K |
| Investing Activities | ||||||||||
| Capital Expenditures | $0 | $0 | -$115K | -$8.3M | $0 | $0 | -$21K | -$89K | -$12K | -$204K |
| Acquisitions | $0 | $250 | $0 | $0 | $0 | $859K | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$3.65M | $0 | -$3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $4.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $1.55M | $0 | $4.38M | -$3K | $0 | -$700K | $1.21M | $0 | $0 | $0 |
| Net Cash from Investing | $1.55M | $1.02M | $4.27M | -$11.31M | $0 | $159K | $1.19M | -$89K | -$12K | -$204K |
| Financing Activities | ||||||||||
| Debt Repaid | $609K | -$4.57M | -$1.54M | - | -$1.3M | - | $81K | - | - | -$1.01M |
| Common Stock Issuance | $0 | $3.99M | $0 | $35.04M | $8.99M | $0 | $4.6M | $1.8M | $286K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $556K | $128K | -$9.11M | -$1.79M | -$1.66M | $1.17M | $3.96M | -$3.44M | -$866K |
| Net Cash from Financing | -$609K | $8.3M | $2.49M | $25.94M | $8.5M | $4.08M | $6.65M | $3.99M | $2.5M | -$614K |
| Forex Effect | $0 | $0 | $0 | -$7K | $460K | -$449K | $301K | -$11K | -$1K | $1.56M |
| Net Change in Cash | -$1.35M | $1.39M | -$2K | $388K | -$1.43M | -$2.13M | $2.88M | $298K | -$30K | $52K |
| Supplementary Data | ||||||||||
| Operating Cash Flow | -$2.29M | -$7.93M | -$6.76M | -$14.24M | -$10.39M | -$5.91M | -$5.27M | -$3.6M | -$2.51M | -$685K |
| Capital Expenditure | -$3 | $4 | -$115K | -$8.3M | $0 | $0 | -$21K | -$89K | -$12K | -$204K |
| Free Cash Flow | -$2.29M | -$7.93M | -$6.88M | -$22.54M | -$10.39M | -$5.91M | -$5.29M | -$3.68M | -$2.53M | -$889K |
| Cash at Beginning | $1.41M | $16K | $18K | $106K | $1.54M | $3.2M | $319K | $22K | $52K | $0 |
| Cash at End | $56K | $1.41M | $16K | $494K | $106K | $1.07M | $3.2M | $319K | $22K | $52K |