← BitVentures Ltd

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value — $68.0m $78.2m $120.3m $15.2m $950k
Prepaid Expense and Other Assets, Current — — — — — $143k
Short-term Investments — — — — $0 $8.8m
Cash and cash equivalents $108.4m $439.3m $525.1m $868.9m $13.3m $950k
Deposits, prepayments and other current assets $43.5m $51.5m $51.2m $46.4m $320k $143k
Accounts Receivable — — $84.2m $415.1m — —
Cash Cash Equivalents And Short Term Investments — — $78.4m — $13.3m —
Non Current Prepaid Assets — — $862k $9.7m — —
Other Current Assets — — $1.4m — $320k —
Other Short Term Investments — — $0 $28.9m — —
Prepaid Assets — — $6.2m $28.4m — —
Assets, Current — $228.6m $200.0m $203.4m $15.5m $9.9m
Total current assets $957.3m $1.5b $1.3b $1.5b $15.5m $9.9m
Property, Plant and Equipment, Net $34.1m $3.3m $48.4m $48.4m $3k $5k
Goodwill — — $11.2m $35.7m — —
Intangible Assets, Net (Excluding Goodwill) — $3.8m $5.0m $13.6m — —
Goodwill And Other Intangible Assets — — $16.2m — $0 —
Operating Lease, Right-of-Use Asset — — — $25.8m $1.2m $0
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — $92.0m $84.1m $57.5m — —
Current assets of discontinued operations — — — — $1.9m $0
Non-current assets of discontinued operations — — — — $0 $0
Due to related parties $59.3m $24.8m $36.2m $3.3m $19.0m $0
Lease liability — — — $83.6m $250k $0
Current liabilities of discontinued operations — — — — $2.9m $0
Non-current liabilities of discontinued operations — — — — $0 $0
Ordinary shares (US$0.0001 par value; authorized 500,000,000 shares; issued and outstanding 56,000,000* and 168,000,000* shares as of June 30, 2024 and 2025, respectively) 34k 36k 36k 36k 6k 17k
Accumulated Depreciation — — ($29.8m) — ($63k) —
Capital Lease Obligations — — $0 — $1.3m —
Current Accrued Expenses — — $8.9m — $406k —
Current Capital Lease Obligation — — $0 — $1.1m —
Current Debt And Capital Lease Obligation — — $298k — $1.1m —
Current Deferred Liabilities — — $0 $39.8m — —
Duefrom Related Parties Current — — $9.9m $0 — —
Dueto Related Parties Current — — $5.4m — $9.5m —
Gross PPE — — $78.3m — $1.3m —
Income Tax Payable — — $17.9m — $91k —
Invested Capital — — $144.8m — $2.6m —
Investments And Advances — — $149k $1.0m — —
Leases — — $19.9m $177.4m — —
Long Term Capital Lease Obligation — — $0 — $250k —
Machinery Furniture Equipment — — $3.6m $24.6m — —
Net PPE — — $48.5m — $1.2m —
Net Tangible Assets — — $128.3m — $2.6m —
Non Current Deferred Assets — — $108k $725k — —
Non Current Deferred Liabilities — — $507k — $0 —
Non Current Deferred Taxes Assets — — $108k $725k — —
Ordinary Shares Number — — $56.0m $56.0m $56.0m —
Other Current Liabilities — — $21.6m — $2.9m —
Other Equity Adjustments — — $16.3m $145.0m — —
Other Payable — — $28.5m — $859k —
Other Properties — — $54.8m — $1.3m —
Properties — — $0 $0 — —
Restricted Cash — — $20.2m $77.0m — —
Share Issued — — $56.0m $56.0m $56.0m —
Tangible Book Value — — $128.3m — $2.6m —
Tradeand Other Payables Non Current — — $192k $526k — —
Working Capital — — $83.9m — $1.6m —
Total non-current assets $67.9m $53.4m $441.4m $903.7m $1.2m $5k
Total non-current liabilities $22.3m $13.6m $4.7m $121.1m $250k $0
Total shareholders’ equity $500.3m $720.9m $968.3m $1.1b $2.6m $9.7m
Total Capitalization — — $144.5m — $2.6m —
Total Debt — — $298k — $1.3m —
Total Tax Payable — — $51.6m — $91k —
Assets — $236.9m $265.7m $328.5m $16.7m $9.9m
Total Assets $1.0b $1.5b $1.8b $2.4b $16.7m $9.9m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current — — — $11.6m $1.1m $0
Accounts Payable, Current — — $0 $461k — —
Operating Lease, Liability, Noncurrent — — — $13.9m $250k $0
Other payables and accrued liabilities $168.9m $278.7m $406.1m $38.1m $426k $158k
Current Deferred Revenue — — $0 $39.8m — —
Payables And Accrued Expenses — — $94.5m — $9.9m —
Liabilities, Current — $123.2m $116.2m $139.7m $13.9m $158k
Total current liabilities $502.7m $795.9m $779.8m $1.0b $13.9m $158k
Deferred Income Tax Liabilities, Net — $549k $507k $2.8m — —
Long Term Debt And Capital Lease Obligation — — $0 — $250k —
Non Current Deferred Taxes Liabilities — — $507k — $0 —
Deferred Tax Liabilities, Net — — $604k $20.7m $0 $0
Liabilities — $125.3m $116.9m $156.4m $14.2m $158k
Total Liabilities $525.0m $809.5m $784.5m $1.1b $14.2m $158k
Stockholders’ equity:
Common Stock, Value, Issued — $6k $5k $5k $6k $17k
Additional Paid in Capital $500.6m $77.9m $76.0m $71.4m $33.3m $45.8m
Retained Earnings (Accumulated Deficit) — $21.0m $51.9m $62.4m ($30.7m) ($36.1m)
Accumulated Other Comprehensive Income (Loss), Net of Tax — $663k $1.3m $2.3m — —
Accumulated deficit ($47.1m) $135.6m $348.5m $451.0m ($30.7m) ($36.1m)
Capital Stock — — $5k — $6k —
Gains Losses Not Affecting Retained Earnings — — $16.3m $145.0m — —
Stockholders' Equity Attributable to Parent — $111.6m $144.3m $153.8m $2.6m $9.7m
Stockholders' Equity Attributable to Noncontrolling Interest — — — $14.0m — —
Minority Interest — — $4.6m $131.5m — —
Total Equity Gross Minority Interest — — $149.1m — $2.6m —
Total Non Current Liabilities Net Minority Interest — — $700k — $250k —
Liabilities and Equity — $236.9m $265.7m $328.5m $16.7m $9.9m
Total Liabilities and shareholders’ equity $1.0b $1.5b $1.8b $2.4b $16.7m $9.9m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.