<span item_type="fundamental" item_id="c910afcb7315addd017166bb9ebe68a1" counter_id="ST/US/ABIT" env="prod"></span><span item_type="announcement" item_id="549082370374834945" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 62.81 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.0003.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Bitcoin ATMs (Athena and White-label)</strong>: Revenue for the three months ended June 30, 2025, was $61.609 million, compared to $70.121 million for the same period in 2024. For the six months ended June 30, 2025, revenue was $131.559 million, compared to $150.024 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li><li><strong>Athena Plus (OTC)</strong>: Revenue for the three months ended June 30, 2025, was $0.895 million, compared to $0.740 million in 2024. For the six months ended June 30, 2025, revenue was $3.316 million, compared to $2.235 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li><li><strong>Athena Pay, ancillary and other</strong>: Revenue for the three months ended June 30, 2025, was $0.305 million, compared to $0.046 million in 2024. For the six months ended June 30, 2025, revenue was $0.563 million, compared to $0.071 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Gross Profit</strong>: For the three months ended June 30, 2025, gross profit was $7.782 million, compared to $10.210 million in 2024. For the six months ended June 30, 2025, gross profit was $15.913 million, compared to $23.543 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li><li><strong>Net Income</strong>: For the three months ended June 30, 2025, net income was $1.382 million, compared to $3.906 million in 2024. For the six months ended June 30, 2025, net income was $4.006 million, compared to $9.952 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: For the six months ended June 30, 2025, cash provided by operating activities was $5.310 million, compared to $10.092 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li><li><strong>Free Cash Flow</strong>: Not explicitly stated, but cash used in investing activities was $0.818 million for the six months ended June 30, 2025, compared to $2.851 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Adjusted EBITDA</strong>: For the six months ended June 30, 2025, Adjusted EBITDA was $11.676 million, compared to $19.206 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to expand its network of Athena Bitcoin ATMs in the U.S. and globally, aiming to further develop Athena Bitcoin as a trusted brand for exchanging fiat currency for Bitcoin.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li><li><strong>Non-Core Business</strong>: The company launched the Athena Bitcoin Affiliates Program in late 2024, fully rolled out in June 2025, with a goal to onboard additional ATM operators in key markets throughout 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li></ul><h3>Priority</h3><ul><li>The company emphasizes expanding its ATM network and the Affiliates Program, with specific targets for the number of affiliate-operated ATMs by the end of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095146/000168316825006043/athena_i10q-063025.htm"></span></li></ul>

Athena Bitcoin Global | 10-Q: FY2025 Q2 Revenue: USD 62.81 M