BKKT Q3 2021 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BKKTBakkt Holdings, Inc.

$149M

Q3 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$9M+37.9% YoY

Gross Profit

-$20M-214.0% margin

Operating Income

-$30M-326.6% margin

Net Income

-$29M-315.5% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$28M

Stock-Based Comp.

$604,000

Balance Sheet

Total Assets

$398M

Total Liabilities

$98M

Stockholders' Equity

$300M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$7M	+37.9%
Gross Profit	-$20M	-$11M	-82.7%
Operating Income	-$30M	-$15M	-95.7%
Net Income	-$29M	-$18M	-60.5%