Bakkt Holdings Inc
NYSE:BKKT
Income Statement
Earnings Waterfall
Bakkt Holdings Inc
Revenue
|
581.2m
USD
|
Cost of Revenue
|
-537.2m
USD
|
Gross Profit
|
44m
USD
|
Operating Expenses
|
1.3B
USD
|
Operating Income
|
1.4B
USD
|
Other Expenses
|
-1.5B
USD
|
Net Income
|
-147.1m
USD
|
Income Statement
Bakkt Holdings Inc
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
26
N/A
|
39
+53%
|
70
+78%
|
76
+8%
|
80
+5%
|
55
-32%
|
56
+3%
|
390
+596%
|
581
+49%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(333)
|
(522)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
13
N/A
|
26
+109%
|
39
+49%
|
0
N/A
|
39
N/A
|
42
+6%
|
44
+6%
|
|
Operating Income | ||||||||||
Operating Expenses |
(104)
|
(223)
|
(352)
|
(372)
|
(394)
|
(232)
|
1 312
|
1 319
|
1 333
|
|
Selling, General & Administrative |
(92)
|
(204)
|
(318)
|
(335)
|
(354)
|
(203)
|
(198)
|
(190)
|
(177)
|
|
Depreciation & Amortization |
(9)
|
(15)
|
(27)
|
(30)
|
(33)
|
(25)
|
(23)
|
(20)
|
(18)
|
|
Other Operating Expenses |
(3)
|
(4)
|
(7)
|
(7)
|
(7)
|
(4)
|
1 532
|
1 529
|
1 528
|
|
Operating Income |
(79)
N/A
|
(183)
-134%
|
(283)
-54%
|
(297)
-5%
|
(316)
-6%
|
(177)
+44%
|
1 367
N/A
|
1 376
+1%
|
1 392
+1%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
1
|
2
|
3
|
4
|
5
|
|
Non-Reccuring Items |
(12)
|
(31)
|
(36)
|
(34)
|
(1 580)
|
(1 842)
|
(3 382)
|
(3 399)
|
(1 874)
|
|
Total Other Income |
(3)
|
(78)
|
(68)
|
(57)
|
(57)
|
16
|
13
|
2
|
1
|
|
Pre-Tax Income |
(94)
N/A
|
(293)
-211%
|
(387)
-32%
|
(388)
0%
|
(1 952)
-403%
|
(2 001)
-3%
|
(2 000)
+0%
|
(2 017)
-1%
|
(476)
+76%
|
|
Net Income | ||||||||||
Tax Provision |
(0)
|
(11)
|
(8)
|
(3)
|
(2)
|
11
|
8
|
3
|
2
|
|
Income from Continuing Operations |
(94)
|
(304)
|
(395)
|
(391)
|
(1 955)
|
(1 990)
|
(1 991)
|
(2 014)
|
(474)
|
|
Income to Minority Interest |
0
|
121
|
157
|
181
|
1 305
|
1 412
|
1 407
|
1 417
|
327
|
|
Net Income (Common) |
(94)
N/A
|
(183)
-94%
|
(238)
-30%
|
(210)
+12%
|
(649)
-209%
|
(578)
+11%
|
(585)
-1%
|
(598)
-2%
|
(147)
+75%
|