Bakkt Holdings Full Year 2023 Earnings: US$0.84 loss per share (vs US$8.12 loss in FY 2022)
Bakkt Holdings (NYSE:BKKT) Full Year 2023 Results
Key Financial Results
Revenue: US$780.1m (up by US$723.9m from FY 2022).
Net loss: US$74.9m (loss narrowed by 87% from FY 2022).
US$0.84 loss per share (improved from US$8.12 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bakkt Holdings Earnings Insights
Looking ahead, revenue is expected to decline by 116% p.a. on average during the next 2 years, while revenues in the Capital Markets industry in the US are expected to grow by 6.8%.
Performance of the American Capital Markets industry.
The company's shares are down 13% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Bakkt Holdings (including 2 which are concerning).
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