Abits Group Inc.

Abits Group Inc.

ABTS · NASDAQ · Financial Services / Capital Markets

0.332USD-0.02 (-6.40%)

Price History

Full chart

Market Stats

Previous Close0.3547
Open0.37
Day Range0.332 – 0.37
52-Week Range0.76 – 10.86
Volume28.02K
Market Cap3.79M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.20
Dividend Yield0.00%
Beta2.30
50-Day Avg1.30
200-Day Avg2.33

About

Abits Group Inc., through its subsidiary, operates in the bitcoin mining business in the United States. It owns and operates mining facilities that provides mining operations and colocation hosting services. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Conglin Deng
  • Employees11
  • HeadquartersLee Garden One, Causeway Bay, Hong Kong, USA
  • Websitehttps://www.abitsgroup.com

Leadership

  • Mr. Conglin DengCEO & Director · b. 1984
  • Mr. Kai ZhangChief Financial Officer · b. 1991
  • Ms. Yanyan SunExecutive Director · b. 1986
  • Mr. Boon Hock OoiVice President of Creative & Marketing
  • Mr. Zhongwen ChenVice President of Corporate Affairs · b. 1976

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue---56.12K83.87K21.48K92.20K339.95K370.41K946.47K219.33K164.43K1.68M6.71M5.61M
Growth (%)----+49.44%-74.39%+329.28%+268.69%+8.96%+155.52%-76.83%-25.03%+922.66%+299.11%-16.45%
Cost of Revenue---94.08K1.04M1.89M1.11M689.92K--0361.49K455.47K-840.92K4.33M
Gross Profit----37.96K-954.25K-1.87M-1.02M-349.98K370.41K946.47K219.33K-296.86K1.23M7.55M1.28M
Gross Margin----67.64%-1137.77%-8693.85%-1107.27%-102.95%100.00%100.00%100.00%-180.54%72.91%112.53%22.80%
Operating Expense---2.18M5.44M8.19M9.58M8.19M900.10K873.75K3.09M18.96M12.24M4.18M2.52M
Operating Income-21-12.61K-33.57K-2.21M-6.40M-10.06M-10.60M-8.54M-529.69K72.72K-2.87M-19.26M-11.01M3.38M-1.24M
Operating Margin----3946.63%-7628.54%-46837.66%-11497.54%-2511.99%-143.00%7.68%-1306.77%-11713.47%-654.99%50.29%-22.15%
EBITDA-21-12.61K-33.57K-4.71M-5.38M-11.98M-12.50M-7.85M-529.69K279.01K-2.87M-15.26M-7.59M1.86M1.76M
EBITDA Margin----8397.37%-6418.21%-55772.61%-13556.85%-2310.11%-143.00%29.48%-1306.77%-9277.87%-451.53%27.71%31.44%
Net Income-21-12.61K-33.57K-4.79M-4.94M-13.81M-13.69M-8.60M300.45K72.72K-2.74M-22.65M-12.61M-931.71K-642.02K
Net Income Margin----8537.37%-5888.09%-64313.91%-14851.42%-2528.46%81.11%7.68%-1249.19%-13774.45%-749.63%-13.88%-11.45%
R&D-----2.59M2.15M2.25M-------
R&D as % of Total Revenue-----12065.51%2327.97%661.04%-------
Interest Expense-----6210260.66K-062.00K018.85K31.79K180.00K
Interest Expense % of Total Revenue-----0.29%0.11%17.84%-0.00%28.27%0.00%1.12%0.47%3.21%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets10.01K40.55K-2.86M14.48M5.93M1.36M303.96K1.74M2.30M7.74M24.53M12.32M11.37M13.04M
Total Liabilities6.76K6.76K-7.45M7.74M5.94M4.32M10.68M1.40M1.89M1.17M613.46K1.01M990.35K3.31M
Total Equity3.25K33.79K--4.59M6.74M-10.16K-2.96M-10.38M345.60K400.77K6.57M23.92M11.31M10.38M9.73M
Cash7953-1.77M2.40M142.17K18.49K303.96K38.02K5.25K2.51M2.51M884.20K1.12M94.13K
Total Debt-----2.55M2.46M7.30M301.58K359.55K----2.25M
Net Debt-79-53--1.77M-2.40M2.41M2.44M7.00M263.56K354.30K-2.51M-2.51M-884.20K-1.12M2.16M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.11M-5.24M-7.50M-8.61M-6.15M-1.18M-1.73M-1.10M-7.32M1.76M1.92M1.41M
Investing Cash Flow667.73K-3.46M-525.38K-68.49K-----32.71M-3.36M-1.66M-4.33M
Financing Cash Flow3.16M9.24M5.80M8.46M6.49M897.29K1.13M3.60M40.00M001.88M
Capital Expenditure229.72K3.46M525.38K68.49K000032.71M9.25M2.60M4.33M
Free Cash Flow-2.34M-8.70M-8.03M-8.68M-6.15M-1.18M-1.73M-1.10M-40.02M-7.49M-679.63K-2.91M
FCF to OCF110.91%165.97%107.00%100.80%100.00%100.00%100.00%100.00%547.10%-426.82%-35.45%-206.05%

Earnings

Report DateJun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Feb 27, 2017May 12, 2017Aug 4, 2017Sep 30, 2017Jan 8, 2018May 15, 2018Aug 14, 2018Sep 30, 2018Jan 15, 2019May 15, 2019Aug 14, 2019Sep 30, 2019Jan 14, 2020Apr 20, 2020Aug 14, 2020Sep 30, 2020Jan 14, 2021May 17, 2021Aug 13, 2021Dec 31, 2021May 13, 2022Dec 30, 2022Aug 16, 2024Apr 30, 2025Aug 13, 2025Dec 10, 2025
EPS Estimate----------0.000.000.00-0.000.000.00-0.000.000.00-0.000.000.00-0.000.000.00-0.000.000.000.000.000.00
EPS Actual-0.61-2.74-0.75-0.88-1.45-0.85-1.96-2.30-6.34-5.19-0.21-0.09-0.03-3.16-0.04-0.03-0.03-3.26-0.04-0.00-0.010.410.030.01-0.010.07-0.02-0.100.00-0.04-0.03-0.03-0.01-0.38-0.150.03
Surprise------------------------------------
Timing------------------------------------

Key Statistics & Ratios

Market Cap3.79M
Enterprise Value5.94M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.42
Price / Book0.52
EPS-1.20
Book Value3.28
Revenue (TTM)9.13M
Gross Profit (TTM)3.68M
EBITDA1.14M
Profit Margin-31.43%
Operating Margin-34.56%
Return on Equity-31.60%
Return on Assets-13.40%
Shares Outstanding3.21M
Shares Float2.96M
Beta2.30
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
1.60%
Insiders
26.71%
Retail / Other
71.69%

Top Institutional Holders

  • Citadel Advisors Llc
    10.98K0.34%
  • UBS Group AG
    2480.01%
  • Mcf Advisors, LLC
    1840.01%
  • Caitong International Asset Management Co., Limited.
    1130.00%
  • Group One Trading, LLC
    330.00%
  • Empery Asset Management, LP
    00.00%
  • JONES FINANCIAL COMPANIES LLLP
    00.00%
  • SBI Securities Co Ltd
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    1.04K0.04%

Stock Splits

  • Mar 10, 20251:15
  • Apr 22, 20191:5
  • Jul 12, 20161:2