← BITGO HOLDINGS, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Prepaid drug product | $1.1m | $332k | $776k | $1.3m | $523k | $3.6m | $632k | $1.1m | — | |
| Other current assets | $353k | $803k | $788k | $928k | $1.8m | $1.6m | $1.4m | $1.5m | — | |
| Cash and Cash Equivalents | — | — | $90.3m | $573.6m | $509.6m | $1.6b | $457k | $190k | $2.7m | |
| Accounts Receivable | — | — | $4.4m | $4.3m | $18.2m | $24.0m | $2.3m | $1.7m | $1.6m | |
| Inventory | — | — | — | — | — | $330k | $334k | $291k | $268k | |
| Deposits, prepayments and other receivables | — | — | — | — | — | — | $187k | $311k | $132k | |
| Short-term investments | — | — | $72.0m | $124.0m | $655.3m | $1.1b | $1.0b | $601.5m | $1.2b | |
| Acquired card receivables, net of allowances of $15,020 and $20,883 as of June 30, 2025 and 2024, respectively | — | — | — | — | $147.1m | $256.4m | $458.6m | $697.2m | $685.1m | |
| Prepaid expenses and other current assets | — | — | $12.3m | $26.8m | $67.2m | $151.3m | $170.1m | $297.2m | $258.4m | |
| Total current assets | $7.4m | $2.1m | $22.0m | $16.0m | $26.1m | $15.6m | $3.0m | $3.8m | $4.8m | |
| Long-Term Investments | — | — | — | — | — | — | — | — | $2.2m | |
| Property, Plant and Equipment | — | — | — | — | — | — | $1.9m | $921k | $703k | |
| Intangible Assets, Net (Excluding Goodwill), Total | $769k | $0 | — | — | $417.3m | $432.6m | $361.4m | $281.5m | $222.8m | |
| Goodwill | — | — | — | — | $1.8b | $2.4b | $2.4b | $2.4b | $2.4b | |
| Other assets | ||||||||||
| Right of use operating assets | — | $0 | $367k | $288k | $203k | $198k | $102k | $84k | $1.0m | |
| Cash | $6.0m | $1.0m | $20.4m | $13.8m | $23.8m | $10.4m | $1.1m | $1.2m | — | |
| Furniture, fixtures & equipment | $984k | $998k | $1.0m | $1.0m | $1.1m | $1.1m | $1.1m | $1.1m | — | |
| Less accumulated depreciation | ($330k) | ($592k) | ($726k) | ($798k) | ($874k) | ($962k) | ($1.0m) | ($1.1m) | — | |
| Fixed assets, net | $654k | $406k | $303k | $231k | $225k | $158k | $76k | $23k | $116.6m | |
| Current portion of lease liabilities | — | $0 | $85k | $94k | $82k | $108k | $103k | $83k | $73k | |
| Warrant liability | $0 | — | — | — | — | — | $863k | $434k | — | |
| Noncurrent lease liabilities | — | $0 | $330k | $236k | $153k | $113k | $10k | $1.1m | $1.0m | |
| Technology license | $2.5m | $0 | — | — | — | — | — | — | — | |
| Less accumulated amortization | ($1.7m) | $0 | — | — | — | — | — | — | — | |
| Other Non-Operating Current Liabilities | — | — | — | — | — | $46k | $1.6m | $1.3m | $3k | |
| Treasury shares, at cost: 533,029 and nil shares, respectively | — | — | — | — | — | — | — | — | ($571k) | |
| Capital reserves | — | — | — | — | — | — | $2k | $2k | $2k | |
| Bank borrowings | — | — | — | — | — | — | $606k | — | — | |
| Funds held for customers | — | — | $1.3b | $1.6b | $2.2b | $3.1b | $3.4b | $3.7b | $4.0b | |
| Deferred revenue | $0 | — | $3.5m | $5.9m | $12.8m | $31.9m | $26.3m | $17.0m | $22.4m | |
| Borrowings from credit facilities, net | — | — | — | $2.3m | $0 | $75.1m | $135.0m | $0 | $180.0m | |
| Convertible senior notes, net | — | — | — | — | $909.8m | $1.7b | $1.7b | $0 | $33.4m | |
| Customer fund deposits | — | — | $1.3b | $1.6b | $2.2b | $3.1b | $3.4b | $3.7b | $4.0b | |
| Unbilled revenue | — | — | $4.8m | $6.5m | $8.1m | — | — | — | — | |
| Assets Held for Sale | — | — | — | — | — | — | — | $3.0m | — | |
| Advance from customer | — | — | — | — | — | — | — | — | $100k | |
| Other Non-Operating Non-Current Liabilities | — | — | — | — | — | — | — | — | $371k | |
| Other Non-Operating Non-Current Assets | — | — | — | — | — | $40k | $50k | $10k | — | |
| Total shareholders' equity | $8.1m | $1.2m | $21.1m | $15.1m | $25.5m | $14.2m | $441k | $154k | $4.0m | |
| Total non-current assets | — | — | — | — | — | $1.2m | $3.1m | $2.0m | $1.7m | |
| Total long-term liabilities | — | — | — | — | — | $512k | $1.7m | $1.1m | $1.0m | |
| Total equity | — | — | — | — | — | $1.1m | ($1.9m) | $2.8m | $15.2m | |
| Total Assets | $8.9m | $2.5m | $22.7m | $16.5m | $26.6m | $16.0m | $3.2m | $3.9m | $6.5m | |
| Accounts payable | $52k | $587k | $486k | $100k | $106k | $667k | $457k | $1.3m | $1.2m | |
| Accrued expenses | $739k | $740k | $673k | $975k | $770k | $909k | $1.3m | $1.9m | $252.5m | |
| Short-Term Debt | — | — | — | — | — | $12k | $373k | $606k | $236k | |
| Accrued Income Taxes | — | — | — | — | — | — | $317k | $9k | $9k | |
| Accrued compensation and benefits | — | — | $4.3m | $12.4m | $20.3m | $29.0m | $32.9m | $34.2m | $39.6m | |
| Deferred revenue, non-current | — | — | $1.8m | $2.6m | — | — | — | — | — | |
| Current Portion of Long-Term Debt | — | — | — | — | — | $47k | $49k | $52k | — | |
| Total current liabilities | $791k | $1.3m | $1.2m | $1.2m | $958k | $1.7m | $1.9m | $3.3m | $1.5m | |
| Other long-term liabilities | — | — | $1.4m | $13.8m | $35.0m | $20.8m | $18.9m | $574k | $1.6m | |
| Deferred income tax liability | — | — | — | — | $9.1m | — | — | — | — | |
| Long-Term Debt | — | — | — | — | — | $160k | $111k | $59k | — | |
| Total Liabilities | $791k | $1.3m | $1.6m | $1.4m | $1.1m | $1.8m | $2.8m | $3.7m | $2.5m | |
| Preferred stock, $.001 par value; 10,000 shares authorized; no shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $.001 par value; 200,000 shares authorized; 5,768 and 618 shares issued and outstanding, respectively | 1k | 1k | 4k | 5k | 7k | 1k | 1k | 6k | 10k | |
| Additional paid in capital | $47.2m | $49.0m | $77.4m | $82.3m | $103.1m | $105.7m | $108.0m | $117.6m | $8.2m | |
| Accumulated deficit | ($39.2m) | ($47.7m) | ($56.3m) | ($67.2m) | ($77.7m) | ($91.5m) | ($107.6m) | ($117.5m) | ($3.6m) | |
| Accumulated Other Comprehensive Income | — | — | $326k | $2.4m | ($100k) | ($10.2m) | ($80k) | ($223k) | ($54k) | |
| Redeemable convertible preferred stock warrant liabilities | — | — | $688k | — | — | — | — | — | — | |
| Redeemable convertible preferred stock: none authorized, issued and outstanding at June 30, 2020; 106,090 shares authorized, and 52,435 shares issued and outstanding at June 30, 2019; liquidation preference of $280,513 at June 30, 2019 | — | — | 276.3m | — | — | — | — | — | — | |
| Noncontrolling Interest | — | — | — | — | — | ($121k) | ($249k) | ($212k) | — | |
| Total Liabilities & Shareholders' Equity | $8.9m | $2.5m | $22.7m | $16.5m | $26.6m | $16.0m | $3.2m | $3.9m | $6.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.