ABTS on Nasdaq
Abits Group Inc
Price unavailable
Last updated Oct 16, 2026.
Overview
Compare with POWERCOMPUTE, INC., Hyperliquid Strategies or Stablecoin Development Corp, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
40.3%Operating margin2
-31.4%Net margin2
36.0%Revenue growth, 20252
-36.9%Return on equity2
0.05×Debt to equity2
-$1.7MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Bitcoin Operations in Duffsite brought in 65% of the revenue Abits Group Inc broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Bitcoin Operations in Duffsite | $1.7M | $6.6M | $5.9M |
| Bitcoin Operation in Memphis site | $2.9M | ||
| Hosting Fees From Third Parties | $140.7K | $309.1K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue60¢$5.5M
- Other costs39¢$3.6M
- Income tax1¢$103.3K
Out of $9.1M in revenue.2 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$3.1M
Out of $1.4M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2
Financial statements
No quarterly figures reported.
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $9.1M | $6.7M | $1.7M |
| Direct costs of revenue | -$5.5M | -$3.3M | -$455.5K |
| Profit from operations | $3.7M | $3.4M | $1.2M |
| General and administrative expenses | -$2.5M | -$2.1M | -$1.5M |
| Depreciation | -$3.5M | -$2.6M | -$436.5K |
| Write-off of miners | -$474.9K | -$4.5M | |
| Provision for diminution of miners | -$7.4M | ||
| Profit/(Loss) on disposal of miners and other net income | $1.8K | $34.8K | -$83.1K |
| Changes in value of digital assets | $381.7K | $535.1K | $92.1K |
| Finance expense | -$286.1K | -$31.8K | -$18.9K |
| Loss before tax | -$2.8M | -$798.3K | -$12.6M |
| Taxation | -$103.3K | -$111.4K | |
| Loss after tax | -$2.9M | -$909.7K | -$12.6M |
| Foreign exchange adjustment | $2.6K | -$22.0K | -$20.1K |
| Comprehensive loss for the year | -$2.9M | -$931.7K | -$12.6M |
| Basic loss per ordinary share | -$1.21 | -$0.39 | -$5.32 |
| Diluted loss per ordinary share | -$1.21 | -$0.39 | -$5.32 |
| Basic average number of ordinary shares outstanding | 2.4M shares | 2.4M shares | 2.4M shares |
| Diluted average number of ordinary shares outstanding | 2.4M shares | 2.4M shares | 2.4M shares |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $83.8K | $1.1M | $884.2K |
| Receivables, other receivables and prepayments | $816.8K | $558.7K | $774.3K |
| Total current assets | $900.7K | $1.7M | $1.7M |
| Digital assets | $1.5M | $257.8K | $1.2M |
| Property, equipment and vehicles | $8.5M | $9.4M | $9.5M |
| TOTAL ASSETS | $10.9M | $11.4M | $12.3M |
| Payable, other payable and accruals | $1.3M | $990.3K | $1.0M |
| Short-term loan from unrelated third party | $1.5M | ||
| Total current Liabilities | $2.8M | $990.3K | $1.0M |
| Long-term loan from unrelated third party | $375.0K | ||
| Total Liabilities | $3.1M | $990.3K | $1.0M |
| Preferred stock, no par value, authorized; unlimited shares, 333,333 shares issued and outstanding as of December 31, 2025, December 31 2024 and December 31, 2023 | $5.0K | $5.0K | $5.0K |
| Common stock, no par value, authorized: unlimited shares. Issued and outstanding: 2,369,995 shares as of December 31, 2025, and December 31, 2024 and December 31, 2023 | $35.6K | $35.6K | $35.6K |
| Additional paid-in capital | $89.6M | $89.3M | $89.3M |
| Accumulated deficit | -$81.7M | -$78.8M | -$77.9M |
| Accumulated other comprehensive income | -$143.9K | -$146.5K | -$124.4K |
| Total Shareholders Equity | $7.8M | $10.4M | $11.3M |
| Total Liabilities and Shareholders Equity | $10.9M | $11.4M | $12.3M |
| Preferred stock par value | $0 | $0 | $0 |
| Preferred stock shares issued | 333.3K shares | 333.3K shares | 333.3K shares |
| Preferred stock shares outstanding | 333.3K shares | 333.3K shares | 333.3K shares |
| Common stock par value | $0 | $0 | $0 |
| Common stock shares issued | 2.4M shares | 2.4M shares | 2.4M shares |
| Common stock shares outstanding | 2.4M shares | 2.4M shares | 2.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss for the year | -$2.9M | -$909.7K | -$12.6M |
| Depreciation of property, equipment and vehicles | $3.5M | $2.6M | $5.0M |
| Write-off of miners | $474.9K | $7.4M | |
| Compensation | $266.7K | ||
| Other receivables and prepayments | -$418.1K | $215.6K | $2.4M |
| Other payables and accruals | $268.2K | -$15.3K | -$397.5K |
| Account prepaid and other deposits | $160.0K | ||
| Net cash generated from/(used in) operating activities | $1.4M | $1.9M | $1.8M |
| Purchase of property and equipment | -$3.1M | -$2.6M | -$9.3M |
| Utilization of digital assets | -$1.2M | $936.4K | $5.9M |
| Net cash investing activities: | -$4.3M | -$1.7M | -$3.4M |
| Loan from unrelated third party | $3.0M | ||
| Repayment of loans from unrelated third party | -$1.1M | ||
| Net cash in financing activities | $1.9M | ||
| Net cash flows for the year | -$1.0M | $256.8K | -$1.6M |
| Effect of exchange rates on cash and cash equivalents | $2.6K | -$22.0K | -$20.1K |
| Net (decrease)/increase generated from cash and cash equivalents | -$1.0M | $234.7K | -$1.6M |
Former names
- Moxian (BVI) IncMay 28, 2021 to Nov 8, 20233
Recent filings
- Oct 13, 20263
- Oct 7, 20266-K
- Sep 17, 20266-K
- Sep 9, 2026SCHEDULE 13D
- Aug 11, 20266-K
- Aug 10, 2026SCHEDULE 13D/A
- Jul 29, 2026SCHEDULE 13G/A
- Apr 29, 202620-F
- Apr 29, 20266-K
- Apr 22, 2026SCHEDULE 13G
- Apr 17, 20264
- Mar 31, 20263
- Mar 31, 20263
- Mar 31, 20263
- Mar 31, 20263
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAbits Group Inc filings on SEC EDGAR
- 2SEC EDGARAbits Group Inc 10-K for fiscal 2025
- 3SEC EDGARAbits Group Inc filings on SEC EDGAR
- 4SEC EDGARAbits Group Inc 10-K for fiscal 2019
- 5SEC EDGARAbits Group Inc 10-K for fiscal 2022
- 6SEC EDGARAbits Group Inc 10-K for fiscal 2019