BKKT Q4 2023 Earnings — Bakkt Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BKKTBakkt Holdings, Inc.

$153M

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$215M+1248.5% YoY

Gross Profit

$18M8.2% margin

Operating Income

-$78M-36.6% margin

Net Income

-$27M-12.4% margin

EPS (Diluted)

$-7.25

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$8M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$968M

Total Liabilities

$833M

Stockholders' Equity

$48M

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$215M	$16M	+1248.5%
Gross Profit	$18M	-$23M	+176.8%
Operating Income	-$78M	-$332M	+76.4%
Net Income	-$27M	-$99M	+73.0%

Revenue Segments

Transaction Revenue, Net

$749M98%

Subscription And Service Revenue

$13M2%