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BIT ORIGIN LTD-CL A (BTOG) Stock Fundamental Analysis

USA - NASDAQ:BTOG - KYG216211188 - Common Stock

0.4128 USD
+0.01 (+1.93%)
Last: 10/24/2025, 8:11:49 PM
0.4095 USD
0 (-0.8%)
After Hours: 10/24/2025, 8:11:49 PM
Fundamental Rating

1

We assign a fundamental rating of 1 out of 10 to BTOG. BTOG was compared to 285 industry peers in the Software industry. Both the profitability and financial health of BTOG have multiple concerns. BTOG is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year BTOG has reported negative net income.
BTOG had a negative operating cash flow in the past year.
In the past 5 years BTOG reported 4 times negative net income.
BTOG had a negative operating cash flow in each of the past 5 years.
BTOG Yearly Net Income VS EBIT VS OCF VS FCFBTOG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10M -20M -30M -40M

1.2 Ratios

BTOG has a Return On Assets of -329.19%. This is amonst the worse of the industry: BTOG underperforms 96.15% of its industry peers.
Industry RankSector Rank
ROA -329.19%
ROE N/A
ROIC N/A
ROA(3y)-154.9%
ROA(5y)-116.79%
ROE(3y)-440.07%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BTOG Yearly ROA, ROE, ROICBTOG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 -500 1K -1K

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for BTOG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
BTOG Yearly Profit, Operating, Gross MarginsBTOG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1K -1K -2K -3K

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3

2. Health

2.1 Basic Checks

BTOG does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for BTOG has been increased compared to 1 year ago.
The number of shares outstanding for BTOG has been increased compared to 5 years ago.
BTOG has a worse debt/assets ratio than last year.
BTOG Yearly Shares OutstandingBTOG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M
BTOG Yearly Total Debt VS Total AssetsBTOG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

2.2 Solvency

BTOG has an Altman-Z score of -29.11. This is a bad value and indicates that BTOG is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -29.11, BTOG is not doing good in the industry: 93.71% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -29.11
ROIC/WACCN/A
WACC11.07%
BTOG Yearly LT Debt VS Equity VS FCFBTOG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M -20M 30M

2.3 Liquidity

BTOG has a Current Ratio of 2.04. This indicates that BTOG is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BTOG (2.04) is better than 62.59% of its industry peers.
A Quick Ratio of 2.04 indicates that BTOG has no problem at all paying its short term obligations.
BTOG has a Quick ratio of 2.04. This is in the better half of the industry: BTOG outperforms 63.29% of its industry peers.
Industry RankSector Rank
Current Ratio 2.04
Quick Ratio 2.04
BTOG Yearly Current Assets VS Current LiabilitesBTOG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

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0

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 79.85% over the past year.
The Revenue for BTOG has decreased by -100.00% in the past year. This is quite bad
EPS 1Y (TTM)79.85%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%82.78%
Revenue 1Y (TTM)-100%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-100%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
BTOG Yearly Revenue VS EstimatesBTOG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2022 2023 2024 20M 40M 60M 80M 100M

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4. Valuation

4.1 Price/Earnings Ratio

BTOG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BTOG Price Earnings VS Forward Price EarningsBTOG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
BTOG Per share dataBTOG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share -0.5 -1 -1.5

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

BTOG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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BIT ORIGIN LTD-CL A

NASDAQ:BTOG (10/24/2025, 8:11:49 PM)

After market: 0.4095 0 (-0.8%)

0.4128

+0.01 (+1.93%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners0.2%
Inst Owner ChangeN/A
Ins Owners0.88%
Ins Owner ChangeN/A
Market Cap36.52M
Revenue(TTM)N/A
Net Income(TTM)-13278800
AnalystsN/A
Price TargetN/A
Short Float %4.49%
Short Ratio0.71
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-1.85
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)-0.07
OCFYN/A
SpS0
BVpS-0.01
TBVpS-0.01
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -329.19%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-154.9%
ROA(5y)-116.79%
ROE(3y)-440.07%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score1
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.04
Quick Ratio 2.04
Altman-Z -29.11
F-Score1
WACC11.07%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)79.85%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%82.78%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-100%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-100%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y38.47%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y66.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y64.44%
OCF growth 3YN/A
OCF growth 5YN/A

BIT ORIGIN LTD-CL A / BTOG FAQ

What is the fundamental rating for BTOG stock?

ChartMill assigns a fundamental rating of 1 / 10 to BTOG.


What is the valuation status for BTOG stock?

ChartMill assigns a valuation rating of 0 / 10 to BIT ORIGIN LTD-CL A (BTOG). This can be considered as Overvalued.


How profitable is BIT ORIGIN LTD-CL A (BTOG) stock?

BIT ORIGIN LTD-CL A (BTOG) has a profitability rating of 0 / 10.


What is the financial health of BIT ORIGIN LTD-CL A (BTOG) stock?

The financial health rating of BIT ORIGIN LTD-CL A (BTOG) is 3 / 10.