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Limited interest and someone selling. Unreal.
Nine Months Ended September 30, 2024 Financial Results
For the nine months ended September 30, 2024, revenue increased 84.4% to $221.7 million compared to $120.2 million in the same period in 2023.
Gross profit increased 82.0% to $31.6 million compared to $17.4 million in the in the same period in 2023.
Operating expenses were $10.5 million compared to $4.1 million in the same period in 2023.
Net income was $12.5 million compared to net income of $8.2 million in the same period in 2023.
https://www.otcmarkets.com/stock/ABIT/news/Athena-Bitcoin-Reports-Third-Quarter-2024-Financial-Results?id=459682
A push through .10 and .20+ comes fast. Investors are loading on the BID for now.
$ABIT is going to make a lot of Millionaires »»»»
Q3 - 9 Months Financials
Assets - $61.3 Million
Cash - $20.86 Million
Liabilities - $38.0 Million
Revenue - $221 million
Gross Profit - $31.63 million
Net Profits - $12.2 million
Audited by @FGMK_LLC
3,700 Crypto ATM Worldwide
33 U.S. States and Puerto Rico
Central/South America
athenabitcoin.com
There are 4.095 billion shares Outstanding with 4.042 billion Restricted. Insiders hold all those shares. Leaves us with 53.8 million. Check the Filings/OTC Markets
also, how did u figure out the info on the ipo
where did u find the public float information...i cant find that 50mill figure anywhere....i literally scoured the internet
The Float is approx. 50m. I think we may see an IPO soon. Many talking about an uplist coming. Imo, this should be well over $0.50 right now. I think we will see $4.00+ in the future.
how big is the float? how high can this stock go??? is the company looking to uplist to nasdaq?
$ABIT S1 Filed, Major News Release Coming »» https://www.otcmarkets.com/filing/html?id=18175363&guid=OH0-kHVJ3HUeJth
Forecasts predict a booming expansion in the size of the market for crypto automated teller machines (ATM) in the future years. It is projected to hit $2.26 billion by the year 2029, experiencing a compound annual growth rate (CAGR) of 32.6%.
Transforming the Crypto Automated Teller Machine (ATM) Market in 2025: Increasing Cryptocurrency Awareness On The Crypto ATM Market
Which Leading Companies Are Shaping the Growth of the Crypto Automated Teller Machine (ATM) Market?
Major companies operating in the crypto automated teller machine (ATM) market are Bitcoin Depot, CoinFlip, Athena Bitcoin, RockItCoin, Bitcoin of America, Coin Cloud, Coinme, Coinsource, Cash Cloud Inc, Bitnovo, Bitaccess, Bitstop, Crypto Dispensers, General Bytes, Genesis Coin , Chainbytes, ByteFederal, Cryptospace, CoinOutlet, Shitcoins Club, Vault Logic, Covault LLC, Kurant GmbH, Instacoin ATM, Lamassu Industries AG
https://www.openpr.com/news/3860369/transforming-the-crypto-automated-teller-machine-atm-market
Great close, +41%. It's only the beginning. Definitely the most Undervalued company in the otc at the moment.
$ABIT Only 53 million Float, 98.8% RESTRICTED SHARES to INSIDERS!!
In 2021, it broke past $33.00/share and it could make a Multi-Dollar run as Revenue soars and Profits Soar to new levels.
•AUDITED FINANCIALS
•$60 million Assets
•$24 million Total Equity
•$21 million CASH
After 3 QUARTERS
•$221,000,000 Revenue
•$12,200,000 NET PROFIT
Revenues Increased by $103,000,000, Net Profits Increased by $4,000,000
Q4 Should be Massive!!
In 2021 traded over $33.00, Float is no different. Insiders hold 98.9% of Total Outstanding
#LifeChanger #investors
$ABIT .0624 +32%
#BitcoinATM Company generating over $12,200,000 Net Profit after 3 Quarters
Total Assets $62.3 Million, an Increase of $13.6 Million from $48.7 Million
Total CASH on Hand $20,860,000
TOTAL REVENUE after 3 Quarters $221,737,000 an Increase of $101,521,000 from $120,216,000
Easily valued over $1.00+
@AthenaBitcoin @bitcoinlfgo @Bitcoin @BitcoinMagazine @BTC_Archive @ethereum @DOGE @dogecoin @blockchain @Futurist_conf @CredibleCrypto @cryptonews @CryptoNewsXBT @CryptoNewsYes @CryptolandNews #cryptocurrencies #cryptomarket @CryptoBoomNews @chainlink #BTC #BTCUSD #cryptocurrency #ATM #CryptoATM #Ethereum #DOGE #Dogecoin #BTCUSD #BTC #BTCDOMINANCE #Ethereum #BTCDOMINANCE #BTCNews
Let's get news rolling and have a good start to 2025. Great stock for a great discount if business operations continue to grow at the same pace crypto is on.
This looks much closer to bottom now. I find it hard to believe this is not 25-30 cents with everything going on with Bitcoin now. This company makes pretty good bank. $1.00 very possible with 12 months. Imho
$ABIT solid News/Filing
11/19/2024 - 07:20 PM
Athena Bitcoin Global (ABIT) reported its Q3 2024 financial results. Revenue grew 5.7% to $69.4 million compared to Q3 2023. However, gross profit declined 23.9% to $8.1 million, and operating expenses increased to $4.0 million from $1.5 million. Net income decreased to $2.6 million from $5.9 million year-over-year.
For the nine months ended September 30, 2024, the company showed stronger performance with revenue up 84.4% to $221.7 million, gross profit increased 82.0% to $31.6 million, and net income rose to $12.5 million from $8.2 million compared to the same period in 2023.Revenue increased 5.7% YoY to $69.4M in Q3 2024
Nine-month revenue grew 84.4% to $221.7M
Nine-month gross profit up 82.0% to $31.6M
Nine-month net income increased to $12.5M from $8.2MQ3 gross profit declined 23.9% to $8.1M
Q3 operating expenses increased significantly to $4.0M from $1.5M
Q3 net income decreased to $2.6M from $5.9M YoY
I feel like we found the bottom, should be smooth sailing from here.
Good morning $ABIT. I see they are late with their filing. Hopefully soon...
We got green skies.
Let's see what tomorrow brings.
This needs to be trading near .50 right now.
Yep.
I think bitcoin is finished correcting.
Next stop for bitcoin is $100,000
ABIT is massively undervalued. This will blow up sky high at some point.
This just can't stay down much longer.
Company is growing by leaps and bounds.
Key positions are being filled.
Future has never been brighter.
Looking for the Bounce today. Far too undervalued to be dropping. Ceo says there's updates coming.
I agree, the chart should cool off and reset. Green skies ahead...
off day today but nothing ever goes straight up.
tomorrow will bring good fortune.
all these bitcoin stocks will run like hell tomorrow and for the rest of the week.
bitcoin stocks heavily shorted today.
so just manipulation. and a ton of naked shorting.
Sea of red today. See if she holds the line at 16 tomorrow. Thinking that this may be bottom but we shall see.
I think this will close green.
looks like bitcoin wants $100,000 by this weekend.
our stock can hit .50 by friday with ease.
anything under .50 is a bloody steal right now.
Should be trading over $0.30 with that start this morning.
Market Summary > Bitcoin
91,146.09USD
+3,203.25 (3.64%)today
Nov 13, 2:51?PM UTC · Disclaimer