Bakkt Statistics
Share Statistics
Bakkt has 6.48M shares outstanding. The number of shares has increased by -93.09% in one year.
| Shares Outstanding | 6.48M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 1.44% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 5.92M |
| Failed to Deliver (FTD) Shares | 8.49K |
| FTD / Avg. Volume | 1.07% |
Short Selling Information
The latest short interest is 802.01K, so 12.38% of the outstanding shares have been sold short.
| Short Interest | 802.01K |
| Short % of Shares Out | 12.38% |
| Short % of Float | 13.55% |
| Short Ratio (days to cover) | 8.61 |
Valuation Ratios
The PE ratio is -2.65 and the forward PE ratio is -5.2.
| PE Ratio | -2.65 |
| Forward PE | -5.2 |
| PS Ratio | 0.25 |
| Forward PS | 2.4 |
| PB Ratio | 4.11 |
| P/FCF Ratio | -2.83 |
| PEG Ratio | n/a |
Enterprise Valuation
Bakkt Inc. has an Enterprise Value (EV) of 4.92B.
| EV / Earnings | -65.74 |
| EV / Sales | 6.31 |
| EV / EBITDA | -42.39 |
| EV / EBIT | -21.59 |
| EV / FCF | -70.16 |
Financial Position
The company has a current ratio of 1.1, with a Debt / Equity ratio of 0.
| Current Ratio | 1.1 |
| Quick Ratio | 1.1 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0 |
| Cash Flow / Debt | 0 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is -1.55% and return on capital (ROIC) is -140.19%.
| Return on Equity (ROE) | -1.55% |
| Return on Assets (ROA) | -0.08% |
| Return on Capital (ROIC) | -140.19% |
| Revenue Per Employee | 1.04M |
| Profits Per Employee | -100.21K |
| Employee Count | 747 |
| Asset Turnover | 0.81 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 444.00K |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -39.17% in the last 52 weeks. The beta is 4.55, so Bakkt 's price volatility has been higher than the market average.
| Beta | 4.55 |
| 52-Week Price Change | -39.17% |
| 50-Day Moving Average | 16.56 |
| 200-Day Moving Average | 14.68 |
| Relative Strength Index (RSI) | 64.75 |
| Average Volume (20 Days) | 791.05K |
Income Statement
In the last 12 months, Bakkt had revenue of $780.14M and earned -$74.85M in profits. Earnings per share was $-21.01.
| Revenue | 780.14M |
| Gross Profit | 61.63M |
| Operating Income | -227.89M |
| Net Income | -74.85M |
| EBITDA | -116.09M |
| EBIT | -227.89M |
| Earnings Per Share (EPS) | -21.01 |
Balance Sheet
The company has $52.88M in cash and $27.16M in debt, giving a net cash position of $25.72M.
| Cash & Cash Equivalents | 52.88M |
| Total Debt | 27.16M |
| Net Cash | 25.72M |
| Retained Earnings | -751.30M |
| Total Assets | 1.18B |
| Working Capital | 55.85M |
Cash Flow
In the last 12 months, operating cash flow was -$60.70M and capital expenditures -$9.43M, giving a free cash flow of -$70.13M.
| Operating Cash Flow | -60.70M |
| Capital Expenditures | -9.43M |
| Free Cash Flow | -70.13M |
| FCF Per Share | -19.68 |
Margins
Gross margin is 7.9%, with operating and profit margins of -29.21% and -9.59%.
| Gross Margin | 7.9% |
| Operating Margin | -29.21% |
| Pretax Margin | -28.89% |
| Profit Margin | -9.59% |
| EBITDA Margin | -14.88% |
| EBIT Margin | -29.21% |
| FCF Margin | -8.99% |
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 | -73.1% |
| FCF Yield | -37.68% |
Analyst Forecast
The average price target for BKKT is $13.12, which is -54.3% lower than the current price. The consensus rating is "Sell".
| Price Target | $13.12 |
| Price Target Difference | -54.3% |
| Analyst Consensus | Sell |
| Analyst Count | 2 |
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 | 0.57 |
| Piotroski F-Score | 2 |