Discounted Cash Flow

Bitgo Holdings, Inc.

BTGO · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $37.0k $-8.1m $-8.5m -21786.5% $-15.99
2018 $0 (-100.0%) $-8.6m (-6.5%) $-7.4m (12.5%) $-14.38 (10.1%)
2019 $108.4m $-8.6m (-0.2%) $-11.1m (-49.3%) -7.9% $-3.24 (77.5%)
2020 $157.6m (45.5%) $-10.9m (-26.5%) $-22.4m (-101.7%) -6.9% (13.0%) $-2.83 (12.7%)
2021 $238.3m (51.2%) $-10.4m (4.1%) $-28.8m (-28.7%) -4.4% (36.5%) $-1.55 (45.2%)
2022 $11.9m (-95.0%) $-13.9m (-32.8%) $-16.0m (44.4%) -116.6% (-2561.0%) $-38.12 (-2359.4%)
2023 $11.1m (-6.5%) $-16.1m (-15.9%) $-11.6m (27.7%) -144.6% (-24.0%) $-33.63 (11.8%)
2024 $9.4m (-15.5%) $-9.9m (38.5%) $-10.7m (8.0%) -105.3% (27.1%) $-4.12 (87.7%)
2025 $8.4m (-10.1%) $-2.7m (72.5%) $-3.4m (68.1%) -32.2% (69.4%) $-0.14 (96.6%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.