Abits Group Inc. (ABTS) Financials

$0.56

south_east
-$0.05 (-8.18%)
Day's range
$0.56
Day's range
$0.73

ABTS Income statement / Annual

Last year (2023), Abits Group Inc.'s total revenue was $1.68 M, an increase of 922.66% from the previous year. In 2023, Abits Group Inc.'s net income was -$12.61 M. See Abits Group Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2023 12/31/2022 12/31/2021 09/30/2020 09/30/2019 09/30/2018 09/30/2017 09/30/2016 09/30/2015
Operating Revenue $1.68 M $164,428.00 $219,330.00 $946,466.00 $370,411.00 $339,947.00 $92,205.00 $21,479.00 $83,870.00
Cost of Revenue $891,919.00 $461,290.00 $0.00 $0.00 $0.00 $689,924.00 $1.11 M $1.89 M $1.04 M
Gross Profit $789,614.00 -$296,862.00 $219,330.00 $946,466.00 $370,411.00 -$349,977.00 -$1.02 M -$1.87 M -$954,248.00
Gross Profit Ratio 0.47 -1.81 1 1 1 -1.03 -11.07 -86.94 -11.38
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $2.25 M $2.15 M $2.59 M $0.00
General & Administrative Expenses $1.47 M $1.67 M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $1.47 M $1.67 M $3.09 M $873,750.00 $900,105.00 $5.94 M $7.43 M $5.60 M $5.44 M
Other Expenses $10.33 M $0.00 $126,290.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Operating Expenses $11.80 M $20.55 M $3.09 M $873,750.00 $900,105.00 $8.19 M $9.58 M $8.19 M $5.44 M
Cost And Expenses $12.70 M $21.01 M $3.09 M $873,750.00 $900,105.00 $8.88 M $10.69 M $10.08 M $6.48 M
Interest Income $0.00 $0.00 $6,932.00 $0.00 $0.00 $160.00 $2,082.00 $1,398.00 $2,258.00
Interest Expense $18,851.00 $0.00 $61,997.00 $0.00 $0.00 $60,657.00 $102.00 $62.00 $0.00
Depreciation & Amortization $4.97 M $6.26 M $236,558.00 $206,297.00 $171,860.00 $681,596.00 $1.10 M $1.88 M $1.01 M
EBITDA -$7.59 M -$15.26 M -$2.68 M $72,716.00 -$529,690.00 -$7.85 M -$12.50 M -$11.98 M -$5.38 M
EBITDA Ratio -4.52 -84.63 -13.07 0.08 -1.43 -23.11 -103.08 -380.66 -64.21
Operating Income Ratio -6.55 -117.13 -13.07 0.08 -1.43 -25.12 -114.98 -468.38 -76.29
Total Other Income/Expenses Net -$1.57 M -$2.26 M $126,290.00 $0.00 $0.00 -$55,964.00 -$3.00 M -$3.80 M $2,255.00
Income Before Tax -$12.59 M -$21.52 M -$2.74 M $72,716.00 -$529,694.00 -$8.60 M -$13.60 M -$13.86 M -$6.40 M
Income Before Tax Ratio -7.48 -130.88 -12.49 0.08 -1.43 -25.28 -147.47 -645.44 -76.26
Income Tax Expense $0.00 $669,744.00 -$236,558.00 -$206,301.00 -$830,149.00 $4.00 $96,507.00 -$49,464.00 -$1.46 M
Net Income -$12.61 M -$21.52 M -$2.74 M $72,716.00 $300,455.00 -$8.60 M -$13.69 M -$13.81 M -$4.94 M
Net Income Ratio -7.5 -130.88 -12.49 0.08 0.81 -25.28 -148.51 -643.14 -58.88
EPS -0.35 -0.63 -0.14 0.0038 0.0069 -0.64 -1.03 -0.85 -0.25
EPS Diluted -0.35 -0.63 -0.14 0.0038 0.0069 -0.64 -1.03 -0.85 -0.25
Weighted Average Shares Out $35.55 M $34.22 M $18.94 M $19.34 M $43.56 M $13.47 M $13.32 M $16.20 M $20.00 M
Weighted Average Shares Out Diluted $35.55 M $34.22 M $18.94 M $19.34 M $43.56 M $13.47 M $13.32 M $16.20 M $20.00 M
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