Athena Bitcoin Global (PK) (ABIT) Quote

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 

.08 falling, next leg .10

#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

When is Q4 due?

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 PMMIAMI, FL / ACCESSWIRE / November 19, 2024 / Athena Bitcoin Global (OTC PINK:ABIT) ("Athena") a leading international operator of bitcoin kiosks and digital asset fintech solutions filed today its unaudited consolidated financial statements for the fiscal third quarter ended September 30, 2024 with OTC Markets.
Third Quarter 2024 Financial Results
For the third quarter of 2024, revenue increased 5.7% to $69.4 million compared to $65.6 million in the third quarter of 2023.
Gross profit decreased 23.9% to $8.1 million compared to $10.6 million in the third quarter of 2023.
Operating expenses were $4.0 million compared to $1.5 million in the third quarter of 2023.
Net income was $2.6 million compared to net income of $5.9 million in the third quarter of 2023.
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.
About Athena Bitcoin Global
Athena Bitcoin Global operates an international network of Athena Bitcoin kiosks, which are free standing kiosks that permit customers to buy or sell Bitcoin in exchange for fiat currencies. The Company places its machines in convenience stores, shopping centers and other easily accessible locations in thirty-three US states and territories, and in four countries in Central and South America. Athena Bitcoin Global's comprehensive fintech platform enables POS merchant payments powered by Athena Pay and the Company provides safe, reliable and personalized trading services through its Athena Plus services. To learn more visitwww.athenabitcoin.comor follow Athena Bitcoin Global on Twitter and LinkedIn.

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Athena Bitcoin Global specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
Contact:Rachele AndrejczakDirector of Marketing, Athena Bitcoin, Inc.rachele@athenabitcoin.com
SOURCE: Athena Bitcoin Global



View the original press release on accesswire.com

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...

https://x.com/Julian__Fahrer/status/1857230890042380433

https://x.com/SimplyBitcoinTV/status/1857193336936992828

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.

Looking for a peppy close.

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.

https://x.com/BitcoinMagazine/status/1857063826664878382

Looking for the Bounce today. Far too undervalued to be dropping. Ceo says there's updates coming. 

https://x.com/kallweit_p75599/status/1856910163434975352

I agree, the chart should cool off and reset. Green skies ahead...

https://x.com/AltcoinGordon/status/1856730861296595074

https://x.com/Vivek4real_/status/1856843007145710004

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.

https://x.com/Vivek4real_/status/1856797269959610475

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.

https://x.com/BTC_Archive/status/1856798361468506366

I think this will close green.

Odd action so far with Bitty doing what it's doing.

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.

92k now. Wowza.

Not a matter of if, just a matter of when this pops.

Should be trading over $0.30 with that start this morning. 

Slimy mm taking it down. 

Market Summary > Bitcoin
91,146.09USD
+3,203.25 (3.64%)today
Nov 13, 2:51?PM UTC · Disclaimer

INSANE buy right at opening. Love to see it.

this is the most undervalued bitcoin stock on the planet right now.

this is going to deliver 1000% gains in the near term.