Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
BKKT
Strong SellSinkerBakkt, Inc. · Technology · United States · $347M · Avg Vol: $11M/d
COMPANY DESCRIPTION
Bakkt, Inc. is a digital asset technology platform that enables institutional and retail clients to buy, sell, store, and spend cryptocurrency and other digital assets. The company possesses a strong institutional pedigree, having been founded and backed by Intercontinental Exchange (ICE), the parent company of the NYSE. Its competitive position is built on institutional-grade custody solutions, regulatory compliance, and strategic B2B2C integrations with major financial institutions.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.2M | 727.0M | 3.4B | 2.3B | 246.3% | 1.1B | 1.2B | -48.6% |
| EPS | -14.70 | -1.78 | -1.16 | -8.87 | — | -3.99 | — | — |
| Shares | 44.7M | 44.7M | 44.7M | 25.5M | -42.9% | — | — | — |
| Debt | 26.4M | 27.2M | 19.9M | 0.5M | -72.5% | — | — | — |
| Equity | 96.3M | 48.3M | 33.9M | 112.8M | 5.4% | — | — | — |
| Op CF | -117.6M | -60.7M | -21.2M | -153.4M | — | -84.4M | — | — |
| Inv CF | -172.0M | 66.0M | 14.1M | -38.1M | — | — | — | — |
| Fin CF | -2.6M | -2.6M | 43.8M | 82.1M | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of BKKT are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BKKT | Bakkt, Inc.(you) | $347M | 13 | Strong Sell |
| MOVE | Corvex, Inc. | $318M | 20 | Strong Sell |
| EXOD | Exodus Movement, Inc. | $240M | 11 | Strong Sell |
| AXQ.AX | Aura Consolidated Group, Inc. | $521M | 9 | Strong Sell |
| PDYN | Palladyne AI Corp. | $284M | 4 | Strong Sell |
| DVLT | Datavault AI Inc. | $239M | 18 | Strong Sell |
| NUAI | New Era Energy & Digital, Inc. | $497M | 19 | Strong Sell |
| SWMR | Swarmer, Inc | $526M | 4 | Strong Sell |
| IIIV | i3 Verticals, Inc. | $430M | 26 | Sell |
| QMLS | QumulusAI, Inc. | $204M | 3 | Strong Sell |
Peer medians: ROE 4.6% · P/E 35.2x · Gross margin 51.3%