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and a pre-market move to boot
Last chance to buy and redeem a wasted period of life.
Foolish to be here for years and own zero shares.
nice to know some now acknowledge this is going to happen after a decade of saying this company is terrible.
Nice to know Terry now actually owns shares.
be simpler to just copy you and others repetitious post . oh, the gall...
patience and perseverance is going to pay off big time here.
you are about to be handsomely rewarded.
deal done. closing coming up. imagine missing ANOTHER pps run. after all these years, never owning a single share yet wasting years of one's life to boot. 😭
done deal. closing will be missed by some. shareholders are about to jump for joy.
Stay on me, and not on .0002 nonsense. Big shoulders to carry the doubters over the finish line. Kids
When you least expect it, expect it. Some are trying real hard to dissuade shareholders but, to no avail.
Don't tread where you don't comprehend. They have been "onsite" many times preparing for this closing.
the company names that are doing the builout. obviously. if you don't know those then you have not been paying attention. in addition, you are miscontruing items by stating the permits are already issued. please follow the narrative accurately.
ready to be issued, AFTER the close, as all the prelims are finished. Those doing the buildout are all well aquainted with those signing off on the permits. relax and let it unfold.
when the buildout starts this month, nothing will be acknowledged either. 🔕 🤫 silence will be the non shareholders reply.
Ever notice the actual dumb statements rather than the counter narrative?
You are half correct . But I am absolutely correct.
Massive Green Hydrogen/Methanol and Flex Fuels Terminal buildout will begin this month with major partnerships/customers to boot.
steady as she goes.
When they drop that name, $5+pps immediately. Then the surge to $20 as the follow up contracts waiting in the wings are announced as well. 2 years of hard work is about to pay off for management and shareholders.
no wonder a billionaire Trust holds 3.5 million ECSL shares comfortably.
Much more profit to be made here this year. No wonder a few billionaires hold positions here.
5 years ago .0801 up huge. Imagine just sitting and trashing a position daily over nad over of which you hold zero. That is the definition of a wasted life. All those year gone and zip to show for it. Meanwhile the stock has appreciated by many percentage points and people have bought boats, houses, islands, planes, put kids through school, you know, constructive, life fulfilling accomplishments.
3 Years ago .37 +105.71% - Imagine listening to the fool that said don't buy at .05 either.
let the quite period play out and watch the news embarrass the clowns.
remember the Trust owns 3.5 million shares of ECSL
few could have pulled off what they are about to announce
disregard those repeating don't buy since .05 cent
Avoid ridiculous distractions from those that seem to have no idea of what is taking place.
All the approvals for permitting are done.
Hope springs eternal. Permits are all set for AFTER the closing.
Second Quarter 2023 Financial Results
Revenue in the second quarter of 2023 was $197.5 million, up 18% from the second quarter of 2022.
Gross profit in the second quarter of 2023 was $25.9 million, up 87% from the second quarter of 2022. Gross profit margin in the second quarter of 2023 was 13% compared to 8% in the second quarter of 2022.
Total operating expenses were $20.5 million for the second quarter of 2023, compared to $12.0 million for the second quarter of 2022.
Net loss for the second quarter of 2023 was $6.1 million, compared to net income of $4.1 million, for the second quarter of 2022.
Adjusted EBITDA, a non-GAAP measure, in the second quarter of 2023 was $19.8 million, up 54% from the second quarter of 2022. Adjusted EBITDA margin in the second quarter of 2023 was 10% compared to 8% in the second quarter of 2022. Please see "Explanation and Reconciliation of Non-GAAP Financial Measures" below.
Recent Business Highlights
Completed software conversion to BitAccess across the Company’s full BTM fleet in February 2023. The completion of the conversion vertically integrates Bitcoin Depot’s hardware and software, eliminating previous annual software licensing fees. BitAccess has enabled Bitcoin Depot to build out its BDCheckout product and its other software and operational capabilities and has expanded its revenue streams into kiosk management software, which includes various compliance systems, transaction processing and cash management capabilities.
Closed its previously announced business combination with GSR II Meteora Acquisition Corp. on June 30th and subsequently began trading on the Nasdaq on July 3rd.
Announced multiple partnerships with convenience store brands with locations spanning across several states, including FastLane, Gas Express, High’s, Majors Management, Stinker Stores, GetGo® Café + Market, and Jacksons Food Store.
Expanded BDCheckout program into two additional states through an ongoing partnership with a leading global payments technology company.
Guidance
Based on current market conditions, Bitcoin Depot expects consolidated revenue in 2023 to range between $700 million and $730 million, an 8% to 13% improvement compared to $647 million in 2022. Bitcoin Depot expects Adjusted EBITDA (non-GAAP) in 2023 to range between $56 million and $59 million compared to 2022 when Bitcoin Depot generated net income of $3.5 million and Adjusted EBITDA of $41 million, representing a 37% to 44% year-over-year increase in Adjusted EBITDA. For important disclosures about Adjusted EBITDA, see "Explanation and Reconciliation of Non-GAAP Financial Measures" below.
Form 10-Q Update
The Company has determined it will be unable to file its Quarterly Report on Form 10-Q for the period ended June 30, 2023 (the “Quarterly Report”) by its original due date of August 14, 2023 as it requires additional time to finalize the Quarterly Report in light of the review of the financial statements following the Company’s recent business combination. The Company expects to file the Quarterly Report as soon as practicable and currently expects to do so within the extension period of 5 calendar days as provided by Rule 12b-25 under the Securities Exchange Act of 1934, as amended, and accordingly, plans to file a Notification of Late Filing on Form 12b-25 with the Securities and Exchange Commission.
actually that one is about unlimited power supply
it will. how soon is hard to say. much in flux these days.
no problem. that one is going to be huge like this...
Closed already? We'll find out shortly. Glad to see the smart buys today from her last wad.
Today in Ormond, FL. Huge fuel storage approved. https://www.news-journalonline.com/story/news/local/volusia/2023/08/11/a-fuel-storage-and-distribution-facility-is-coming-to-ormond-beach/70535175007/
Appears Florida Environmental is clearing Fuel bunkers now like crazy.
Long trip back so, Green hydrogen adoption everywhere now. UAE-based renewable energy company Masdar signed an initial agreement with the Port of Amsterdam, and aviation fuel supplier SkyNRG, storage facility Evos Amsterdam and logistics service Zenith Energy have signed an initial agreement to explore the export of green hydrogen to Europe for steelmaking, sustainable aviation fuel, bunkering for shipping as well as new offtakers via pipeline, truck and barge. The Port of Amsterdam has set a goal to import at least 1mn t/yr of green hydrogen, while Masdar's green hydrogen business plans to produce 1mn t/yr by 2030.
https://www.argusmedia.com/en/news/2410088-pd-ir-outlooks-diverge-in-clean-energy-transition