BKKT Q1 2021 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BKKTBakkt Holdings, Inc.

$153M

Q1 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$8M+130.7% YoY

Gross Profit

-$11M-132.4% margin

Operating Income

-$28M-348.8% margin

Net Income

-$29M-353.8% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

-13.6%

Cash Flow

Operating Cash Flow

-$974,000

Free Cash Flow

-$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$442M

Total Liabilities

$82M

Stockholders' Equity

$360M

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$4M	+130.7%
Gross Profit	-$11M	-$7M	-54.9%
Operating Income	-$28M	-$10M	-185.7%
Net Income	-$29M	-$22M	-32.9%