Name: Abits Group Inc. (ABTS) Financial Statements
Creator: FinSpry

Abits Group Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Abits Group Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	6.71	1.68	0.16	0.22	0.00
Cost of Revenue	3.34	0.46	0.36	0.00	0.00
Gross Profit	3.38	1.23	-0.20	0.22	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.09	1.47	2.50	0.00	1.55
Operating Expenses	4.18	1.91	8.76	3.09	1.55
Operating Income	3.38	-0.68	-8.96	-2.87	-1.55
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.01	0.00
Interest Expense	0.03	0.02	0.00	0.06	0.00
Other Income/Expense	-4.17	0.07	-0.08	0.13	0.00
Income
Income Before Tax	-0.80	-12.59	-21.52	-2.74	-1.55
Income Tax Expense	0.11	0.00	0.00	0.00	0.00
Net Income	-0.93	-12.59	-21.52	-2.74	-1.55
Net Income - Continuous Operations	-0.93	-12.59	-21.52	-2.74	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	1.86	4.29	-2.70	-2.87	0.00
EBIT	-1.34	-0.68	-8.96	-2.87	-1.55
Depreciation & Amortization	2.63	4.97	6.26	0.00	0.00
Earnings Per Share
Basic EPS	-	-5.00	-9.00	-2.00	-1.00
Diluted EPS	-	-5.00	-9.00	-2.00	-1.00
Basic Shares Outstanding	2.37	2.37	2.37	1.26	1.08
Diluted Shares Outstanding	2.37	2.37	2.37	1.26	1.08