Bakkt Inc. (BKKT)
Bakkt Statistics
Share Statistics
Bakkt has 6.53M shares outstanding. The number of shares has increased by 4.83% in one year.
| Shares Outstanding | 6.53M |
| Shares Change (YoY) | 4.83% |
| Shares Change (QoQ) | 0.87% |
| Owned by Institutions (%) | 20.76% |
| Shares Floating | 5.85M |
| Failed to Deliver (FTD) Shares | 4.25K |
| FTD / Avg. Volume | 0.89% |
Short Selling Information
The latest short interest is 1.31M, so 20.12% of the outstanding shares have been sold short.
| Short Interest | 1.31M |
| Short % of Shares Out | 20.12% |
| Short % of Float | 20.67% |
| Short Ratio (days to cover) | 1.52 |
Valuation Ratios
The PE ratio is -3.38 and the forward PE ratio is -1. Bakkt's PEG ratio is 0.05.
| PE Ratio | -3.38 |
| Forward PE | -1 |
| PS Ratio | 0.05 |
| Forward PS | 0.1 |
| PB Ratio | 4.65 |
| P/FCF Ratio | -7.43 |
| PEG Ratio | 0.05 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Bakkt.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.33, with a Debt / Equity ratio of 0.69.
| Current Ratio | 1.33 |
| Quick Ratio | 1.33 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | -0.28 |
| Debt / FCF | -1.11 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $6.24M |
| Profits Per Employee | $-83.47K |
| Employee Count | 559 |
| Asset Turnover | 12.96 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -170K |
| Effective Tax Rate | 0.16% |
Stock Price Statistics
The stock price has increased by -19.43% in the last 52 weeks. The beta is 5.28, so Bakkt's price volatility has been higher than the market average.
| Beta | 5.28 |
| 52-Week Price Change | -19.43% |
| 50-Day Moving Average | 11.61 |
| 200-Day Moving Average | 16.24 |
| Relative Strength Index (RSI) | 42.52 |
| Average Volume (20 Days) | 476.94K |
Income Statement
In the last 12 months, Bakkt had revenue of 3.49B and earned -46.66M in profits. Earnings per share was -7.33.
| Revenue | 3.49B |
| Gross Profit | 3.37B |
| Operating Income | -92.92M |
| Net Income | -46.66M |
| EBITDA | -83.36M |
| EBIT | -83.7M |
| Earnings Per Share (EPS) | -7.33 |
Balance Sheet
The company has 39.05M in cash and 23.54M in debt, giving a net cash position of 15.51M.
| Cash & Cash Equivalents | 39.05M |
| Total Debt | 23.54M |
| Net Cash | 15.51M |
| Retained Earnings | -797.96M |
| Total Assets | 269.38M |
| Working Capital | 46.13M |
Cash Flow
In the last 12 months, operating cash flow was -21.2M and capital expenditures 0, giving a free cash flow of -21.2M.
| Operating Cash Flow | -21.2M |
| Capital Expenditures | 0 |
| Free Cash Flow | -21.2M |
| FCF Per Share | -3.33 |
Margins
Gross margin is 96.63%, with operating and profit margins of -2.66% and -1.34%.
| Gross Margin | 96.63% |
| Operating Margin | -2.66% |
| Pretax Margin | -2.96% |
| Profit Margin | -1.34% |
| EBITDA Margin | -2.39% |
| EBIT Margin | -2.66% |
| FCF Margin | -0.61% |
Dividends & Yields
BKKT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for BKKT is $7.5, which is -11.3% lower than the current price. The consensus rating is "Sell".
| Price Target | $7.5 |
| Price Target Difference | -11.3% |
| Analyst Consensus | Sell |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Apr 29, 2024. It was a backward split with a ratio of 1:25.
| Last Split Date | Apr 29, 2024 |
| Split Type | backward |
| Split Ratio | 1:25 |
Scores
| Altman Z-Score | 8.12 |
| Piotroski F-Score | 4 |