ABTS: Abits Group Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Abits Group Inc (ABTS).
$24.49M Market Cap.
ABTS Market Cap. (MRY)
ABTS Shares Outstanding (MRY)
ABTS Assets (MRY)
Total Assets
$11.37M
Total Liabilities
$990.35K
Total Investments
$257.75K
ABTS Income (MRY)
Revenue
$6.71M
Net Income
-$909.66K
Operating Expense
$4.14M
ABTS Cash Flow (MRY)
CF Operations
$1.92M
CF Investing
-$1.66M
CF Financing
$0
ABTS Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $11,371,297 (-7.69%) | $12,318,268 (-49.79%) | $24,531,417 (217.06%) | $7,737,112 (237.03%) |
Assets Current | $1,677,636 (1.15%) | $1,658,544 (-66.08%) | $4,890,262 (78.67%) | $2,737,112 (19.23%) |
Assets Non-Current | $9,693,661 (-9.06%) | $10,659,724 (-45.73%) | $19,641,155 (292.82%) | $5,000,000 (0%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $10,380,951 (-8.24%) | $11,312,660 (-52.70%) | $23,917,962 (264.21%) | $6,567,016 (1538.59%) |
Property Plant & Equipment Net | $9,435,908 (-0.31%) | $9,465,567 (-24.60%) | $12,553,408 (0%) | $0 (0%) |
Cash & Equivalents | $1,118,929 (26.55%) | $884,199 (-64.71%) | $2,505,286 (-0.08%) | $2,507,404 (47669.18%) |
Accumulated Other Comprehensive Income | -$146,463 (-17.72%) | -$124,414 (-19.22%) | -$104,361 (-110.19%) | $1,024,579 (10.01%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $257,753 (-78.42%) | $1,194,157 (-83.15%) | $7,087,747 (41.75%) | $5,000,000 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $257,753 (0%) | $0 (0%) | $7,087,747 (41.75%) | $5,000,000 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $2,384,976 (938.26%) | $229,708 (-84.30%) |
Trade & Non-Trade Payables | $990,346 (-1.52%) | $1,005,608 (63.93%) | $613,455 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | -$78,803,383 (-1.17%) | -$77,893,723 (-19.27%) | -$65,308,474 (-49.15%) | -$43,788,360 (-7.69%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Current | - | - | - | $0 (0%) |
Debt Non-Current | - | - | - | $0 (0%) |
Total Liabilities | $990,346 (-1.52%) | $1,005,608 (63.93%) | $613,455 (-47.57%) | $1,170,096 (-38.25%) |
Liabilities Current | - | - | - | $1,170,096 (-38.25%) |
Liabilities Non-Current | - | - | - | $0 (0%) |
ABTS Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $6,711,225 (299.11%) | $1,681,533 (922.66%) | $164,428 (-25.03%) | $219,330 (-76.83%) |
Cost of Revenue | $3,335,819 (274.00%) | $891,919 (93.35%) | $461,290 (0%) | $0 (0%) |
Selling General & Administrative Expense | $2,085,518 (-65.24%) | $6,000,353 (-70.81%) | $20,553,508 (979.74%) | $1,903,554 (117.86%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $4,141,905 (-68.99%) | $13,356,013 (-35.26%) | $20,630,189 (568.62%) | $3,085,470 (253.13%) |
Interest Expense | $31,794 (68.66%) | $18,851 (0%) | $0 (0%) | $61,997 (0%) |
Income Tax Expense | $111,367 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$909,660 (92.78%) | -$12,605,303 (41.43%) | -$21,520,114 (-685.45%) | -$2,739,850 (-3867.88%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$909,660 (92.78%) | -$12,605,303 (41.43%) | -$21,520,114 (-685.45%) | -$2,739,850 (-3867.88%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$909,660 (92.78%) | -$12,605,303 (41.43%) | -$21,520,114 (-685.45%) | -$2,739,850 (-3867.88%) |
Weighted Average Shares | $2,370,139 (-93.33%) | $35,554,677 (3.90%) | $34,221,334 (80.73%) | $18,935,057 (16.94%) |
Weighted Average Shares Diluted | $2,370,139 (-93.33%) | $35,554,677 (3.90%) | $34,221,334 (80.73%) | $18,935,057 (16.94%) |
Earning Before Interest & Taxes (EBIT) | -$766,499 (93.91%) | -$12,586,452 (41.51%) | -$21,520,114 (-703.63%) | -$2,677,853 (-3782.62%) |
Gross Profit | $3,375,406 (327.48%) | $789,614 (365.99%) | -$296,862 (-235.35%) | $219,330 (-76.83%) |
Operating Income | -$766,499 (93.90%) | -$12,566,399 (39.95%) | -$20,927,051 (-630.15%) | -$2,866,140 (-4041.55%) |
ABTS Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$1,660,269 (50.54%) | -$3,356,947 (89.74%) | -$32,706,980 (0%) | $0 (0%) |
Net Cash Flow from Financing | $0 (0%) | $0 (0%) | $40,000,000 (1012.24%) | $3,596,345 (216.99%) |
Net Cash Flow from Operations | $1,917,048 (9.18%) | $1,755,913 (124.00%) | -$7,315,421 (-563.61%) | -$1,102,362 (36.44%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $256,779 (115.84%) | -$1,621,087 (-76438.57%) | -$2,118 (-100.06%) | $3,596,345 (216.99%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $128 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $936,404 (-84.11%) | $5,893,591 (394.68%) | -$2,000,000 (0%) | $0 (0%) |
Capital Expenditure | -$2,596,673 (71.93%) | -$9,250,538 (69.87%) | -$30,707,108 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | -$387,483 (-181.31%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $40,000,000 (904.06%) | $3,983,828 (213.12%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$22,049 (-9.95%) | -$20,053 (1.13%) | -$20,283 (-439.12%) | $5,981 (-96.67%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $2,626,332 (-47.20%) | $4,973,729 (-20.61%) | $6,264,700 (0%) | $0 (0%) |
ABTS Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 50.30% (7.02%) | 47.00% (126.04%) | -180.50% (-280.50%) | 100.00% (0.00%) |
Profit Margin | -13.60% (98.19%) | -749.60% (94.27%) | -13087.90% (-947.70%) | -1249.20% (-16323.38%) |
EBITDA Margin | 27.70% (106.12%) | -452.70% (95.12%) | -9277.90% (-659.92%) | -1220.90% (-15955.84%) |
Return on Average Equity (ROAE) | -8.40% (88.27%) | -71.60% (49.29%) | -141.20% (-71.57%) | -82.30% (-397.11%) |
Return on Average Assets (ROAA) | -7.70% (88.74%) | -68.40% (48.73%) | -133.40% (-141.67%) | -55.20% (-1274.47%) |
Return on Sales (ROS) | -11.40% (98.48%) | -748.50% (94.28%) | -13087.90% (-971.99%) | -1220.90% (-15955.84%) |
Return on Invested Capital (ROIC) | -7.10% (90.56%) | -75.20% (54.42%) | -165.00% (-39.01%) | -118.70% (-718.23%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -26.5 (-724.91%) | -3.21 (-347.98%) | -0.72 (96.36%) | -19.72 (-105.84%) |
Price to Sales Ratio (P/S) | 3.65 (-84.86%) | 24.11 (-74.33%) | 93.91 (-61.97%) | 246.91 (969.10%) |
Price to Book Ratio (P/B) | 2.36 (-34.16%) | 3.58 (433.98%) | 0.67 (-92.03%) | 8.42 (-84.56%) |
Debt to Equity Ratio (D/E) | 0.1 (6.74%) | 0.09 (242.31%) | 0.03 (-85.39%) | 0.18 (-96.24%) |
Earnings Per Share (EPS) | -0.39 (-9.86%) | -0.35 (43.56%) | -0.63 (-333.79%) | -0.14 (-3725.00%) |
Sales Per Share (SPS) | 2.83 (5925.53%) | 0.05 (840.00%) | 0.01 (-58.33%) | 0.01 (-79.31%) |
Free Cash Flow Per Share (FCFPS) | -0.29 (-36.02%) | -0.21 (81.01%) | -1.11 (-1815.52%) | -0.06 (45.79%) |
Book Value Per Share (BVPS) | 4.38 (1277.36%) | 0.32 (-54.51%) | 0.7 (101.44%) | 0.35 (1288.00%) |
Tangible Assets Book Value Per Share (TABVPS) | 4.8 (1286.71%) | 0.35 (-51.74%) | 0.72 (75.31%) | 0.41 (188.03%) |
Enterprise Value Over EBIT (EV/EBIT) | -31 (-933.33%) | -3 (0%) | 0 (0%) | -19 (-106.44%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 12.96 (352.92%) | -5.12 (-663.49%) | -0.67 (96.53%) | -19.36 (-106.57%) |
Asset Turnover | 0.57 (523.08%) | 0.09 (810.00%) | 0.01 (-77.27%) | 0.04 (-92.83%) |
Current Ratio | - | - | - | 2.34 (92.99%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$679,625 (90.93%) | -$7,494,625 (80.29%) | -$38,022,529 (-3349.19%) | -$1,102,362 (36.44%) |
Enterprise Value (EV) | $24,097,034 (-38.21%) | $38,997,056 (280.76%) | $10,241,905 (-80.24%) | $51,829,225 (142.00%) |
Earnings Before Tax (EBT) | -$798,293 (93.67%) | -$12,605,303 (41.43%) | -$21,520,114 (-685.45%) | -$2,739,850 (-3867.88%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,859,833 (124.43%) | -$7,612,723 (50.10%) | -$15,255,414 (-469.69%) | -$2,677,853 (-3782.62%) |
Invested Capital | $10,252,368 (-10.33%) | $11,434,069 (-48.09%) | $22,026,131 (442.57%) | $4,059,612 (437.64%) |
Working Capital | - | - | - | $1,567,016 (291.00%) |
Tangible Asset Value | $11,371,297 (-7.69%) | $12,318,268 (-49.79%) | $24,531,417 (217.06%) | $7,737,112 (237.03%) |
Market Capitalization | $24,493,617 (-39.58%) | $40,535,887 (152.68%) | $16,042,266 (-71.00%) | $55,316,773 (153.07%) |
Average Equity | $10,846,806 (-38.42%) | $17,615,311 (15.57%) | $15,242,489 (357.85%) | $3,329,148 (1167.03%) |
Average Assets | $11,844,782 (-35.71%) | $18,424,842 (14.20%) | $16,134,264 (224.98%) | $4,964,652 (222.17%) |
Invested Capital Average | $10,843,218 (-35.19%) | $16,730,100 (28.27%) | $13,042,872 (477.92%) | $2,256,874 (495.67%) |
Shares | 2,370,324 (-93.33%) | 35,554,677 (0.00%) | 35,554,667 (83.83%) | 19,341,529 (19.45%) |
