BKKT Q1 2022 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BKKTBakkt Holdings, Inc.

$153M

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$13M+53.9% YoY

Gross Profit

$13M100.0% margin

Operating Income

-$48M-386.9% margin

Net Income

-$7M-56.9% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

-$33M

Free Cash Flow

-$36M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$119M

Stockholders' Equity

$474M

Cash & Equivalents

$355M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$8M	+53.9%
Gross Profit	$13M	-$11M	+216.2%
Operating Income	-$48M	-$28M	-70.7%
Net Income	-$7M	-$29M	+75.3%

Revenue Segments

Subscription And Service Revenue

$6M100%