BKKT Q1 2023 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BKKTBakkt Holdings, Inc.

$153M

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$13M+5.5% YoY

Gross Profit

$13M97.3% margin

Operating Income

-$45M-343.8% margin

Net Income

-$14M-105.7% margin

EPS (Diluted)

$-4.27

QoQ Revenue Growth

-16.9%

Cash Flow

Operating Cash Flow

-$47M

Free Cash Flow

-$51M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$413M

Total Liabilities

$115M

Stockholders' Equity

$89M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$13M	+5.5%
Gross Profit	$13M	$13M	+2.6%
Operating Income	-$45M	-$48M	+6.3%
Net Income	-$14M	-$7M	-96.1%

Revenue Segments

Transaction Revenue, Net

$7M58%

Subscription And Service Revenue

$6M42%