Bakkt Holdings, Inc.

BKKT

BKKTBakkt Holdings, Inc. US flag

New York Stock Exchange

8.32

USD

+0.47

- -

371.17MMarket Cap

Profitability (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-9.27	-40.29	-20.77	-17.45	-49.62
Return on Capital (%)	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	97.05	1.17	1.1	1.15
EBITDA Margin (%)	-149.09	-361.98	-270.29	-13.34	-2.13	-6.04
Operating Margin (%)	-177.07	-400.68	-315.38	-15.26	-2.14	-6.07
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-277.99	-650.77	-3,559.43	-21.09	-2.74	-4.17
Profit Margin (%)	-279.36	-358.49	-1,028.22	-10.3	-1.36	-4.59
Net Income to Common Margin (%)	-279.36	-358.49	-1,028.22	-10.3	-1.36	-4.59
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	2	11	26	27	20	1
ST Debt	1	1	3	4	4	1
LT Debt	1	11	23	24	16	- -
Total Debt/EBITDA	-0.05	-0.08	-0.17	-0.28	-0.27	- -
Net Debt/EBITDA	1.77	2.9	0.65	0.55	0.53	0.19
Total Debt/EBIT	-0.05	-0.08	-0.15	-0.24	-0.27	- -
Net Debt/EBIT	1.49	2.62	0.55	0.48	0.53	0.19
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	81.71	-4.07	-148.5	-283.18	-296.22	-556.04
Long-Term Debt/Equity (%)	0.3	0.46	6.96	17.33	25.62	- -
Long-Term Debt/Capital (%)	0.32	0.61	-5.71	-3.69	-2.15	- -
Long-Term Debt/Total Assets (%)	0.26	0.44	5.14	8.87	5.98	- -
Total Debt/Equity (%)	0.56	0.49	7.86	20.01	31.66	0.49
Total Debt/Capital (%)	0.6	0.65	-6.44	-4.27	-2.66	-0.06
Total Debt/Total Assets (%)	0.49	0.47	5.8	10.24	7.39	0.34
Net Debt to Equity	-18.39	-17.06	-29.26	-38.97	-62.13	-23.91
Net Debt/Capital (%)	-24.34	-29.05	19.34	7.67	4.95	2.89
EBITDA	-42	-135	-152	-97	-73	-141
EBITDA-CapEx	-63	-151	-152	-97	-73	-144
Operating Income (Loss)	-50	-149	-177	-111	-74	-142

Liquidity (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	1.51	5.32	2.6	0.7	0.28	0.82
Current Ratio	2.59	6.3	3.54	1.8	1.33	2.19
Quick Ratio	1.71	5.56	2.87	0.99	0.33	1.26
CFO/Avg Current Liab	- -	-2.04	-1.42	-0.63	-0.18	-1.8
Common Equity/Total Assets	81.71	-4.07	-148.5	-283.18	-296.22	-556.04
Long-Term Debt/Equity (%)	0.3	0.46	6.96	17.33	25.62	- -
Long-Term Debt/Capital (%)	0.32	0.61	-5.71	-3.69	-2.15	- -
Long-Term Debt/Total Assets (%)	0.26	0.44	5.14	8.87	5.98	- -
Total Debt/Equity (%)	0.56	0.49	7.86	20.01	31.66	0.49
Total Debt/Capital (%)	0.6	0.65	-6.44	-4.27	-2.66	-0.06
Total Debt/Total Assets (%)	0.49	0.47	5.8	10.24	7.39	0.34
CFO/Total Liabilities	-52.8	-105.87	-98.47	-46.84	-10.27	-306.76
CFO/CapEx	-1.5	-8.11	- -	- -	- -	-57.89
Altman's Z-Score	4.01	2.18	-2.69	-2.14	11.19	10.07

Working Capital (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	4.37	3.06	26.45	192.99	451.73
Days Sales Outstanding	- -	83.57	119.16	13.8	1.89	0.81
Inventory Turnover	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	0.09	31.37	234.73	300.85
Accounts Payable Turnover Days	- -	- -	4,033.39	11.63	1.55	1.21
Cash Conversion Cycle	- -	- -	-3,914.23	2.16	0.34	-0.41
Inventory to Cash Days	- -	- -	119.16	13.8	1.89	0.81
Inventories	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	504	486	85	199	145	256
- Cash & Cash Equivalents	75	391	98	53	39	27
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	1,826	240	87	29	- -
+ Total Debt	2	11	26	27	20	1
Enterprise Value	429	1,932	112	243	155	230
Total Capital	385	1,739	-410	-637	-749	-905
Total Debt/Capital (%)	0.6	0.65	-6.44	-4.27	-2.66	-0.06
Total Debt / EV	0.01	0.01	0.24	0.11	0.13	- -
EV/Sales	15.05	51.86	1.98	0.33	0.05	0.1
EV/EBITDA	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Diluted Market Cap	504	486	85	199	145	256
Diluted Enterprise Value	431	1,932	253	260	155	230
EV per Share	214.53	844.99	39.18	68.19	26.44	9
TTM Sales	28	37	56	727	3,441	2,335
TTM EBITDA	-42	-135	-152	-97	-73	-141
TTM Operating Income	-50	-149	-177	-111	-74	-142
TTM Cash Flow to Firm	-31	-127	-118	-61	-21	-153
TTM Free Cash Flow to Firm	-10	-111	-118	-61	-21	-151

Multiples (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-48.57	-4.36	-0.72	-3.27	-6.85	-1.7
EV/EBIT	- -	- -	- -	- -	- -	- -
Enterprise Value	429	1,932	112	243	155	230
Low Price	240	200	29	16.03	5.57	6.81
EV/Sales	15.05	51.86	1.98	0.33	0.05	0.1
EV/EBITDA	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -
Price/Earnings Average	-6.26	-5.61	-0.42	-1.71	-2.3	-3.81
Price/Earnings High	-6.9	-21.74	-1.11	-3.42	-7.47	-11.85
Price/Earnings Low	-6.03	-3.42	-0.14	-0.76	-0.7	-1.62
Price/Book Value	1.32	-4.95	-0.13	-0.26	-0.18	-0.28
Price/Book Value Average	1.3	-7.62	-0.36	-0.17	-0.13	-0.45
Price/Book Value High	1.44	-29.54	-0.95	-0.34	-0.44	-1.4
Price/Book Value Low	1.25	-4.65	-0.12	-0.08	-0.04	-0.19
Price/Tangible Book Value	4.41	1.28	0.32	3.07	-18.03	6.02
Price/Tangible Book Value Average	4.36	1.98	0.91	1.98	-13.35	9.6
Price/Tangible Book Value High	4.82	7.67	2.43	3.94	-43.32	29.85
Price/Tangible Book Value Low	4.2	1.21	0.31	0.88	-4.06	4.08
Price/Sales	17.68	13.06	1.51	0.27	0.04	0.11
Price/Sales Average	17.47	20.11	4.29	0.18	0.03	0.18
Price/Sales High	19.29	77.95	11.4	0.35	0.1	0.54
Price/Sales Low	16.83	12.28	1.47	0.08	0.01	0.07
Price/Cash Flow	-16.28	-3.83	-0.72	-3.27	-6.85	-1.67
Price/Cash Flow Average	-16.09	-5.89	-2.05	-2.11	-5.07	-2.67
Price/Cash Flow High	-17.77	-22.84	-5.45	-4.21	-16.44	-8.28
Price/Cash Flow Low	-15.5	-3.6	-0.7	-0.94	-1.54	-1.13
Price/Free Cash Flow Average	-48.01	-6.72	-2.05	-2.11	-5.07	-2.71
Price/Free Cash Flow High	-53	-26.05	-5.45	-4.21	-16.44	-8.43
Price/Free Cash Flow Low	-46.25	-4.1	-0.7	-0.94	-1.54	-1.15
EV/Sales Average	14.91	58.91	7.27	0.26	0.03	0.16
EV/Sales High	16.73	116.76	14.39	0.44	0.1	0.53
EV/Sales Low	14.27	51.08	4.45	0.16	0.01	0.06
EV/EBITDA Average	-10	-16.28	-2.69	-1.96	-1.6	-2.71
EV/EBITDA High	-11.22	-32.25	-5.32	-3.27	-4.9	-8.82
EV/EBITDA Low	-9.57	-14.11	-1.65	-1.23	-0.58	-1.04
EV/EBIT Average	-8.42	-14.7	-2.31	-1.71	-1.59	-2.7
EV/EBIT High	-9.45	-29.14	-4.56	-2.86	-4.88	-8.78
EV/EBIT Low	-8.06	-12.75	-1.41	-1.07	-0.58	-1.04
Last Price	252	212.75	29.75	55.75	24.77	10.04
High Price	275	1,270	225.25	71.75	59.5	49.79
Enterprise Value Average	425	2,195	409	190	117	382
Enterprise Value High	477	4,350	809	317	358	1,244
Enterprise Value Low	407	1,903	250	119	42	147

Profitability (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-9.27	-40.29	-20.77	-17.45	-49.62
Return on Capital (%)	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	97.05	1.17	1.1	1.15
EBITDA Margin (%)	-149.09	-361.98	-270.29	-13.34	-2.13	-6.04
Operating Margin (%)	-177.07	-400.68	-315.38	-15.26	-2.14	-6.07
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-277.99	-650.77	-3,559.43	-21.09	-2.74	-4.17
Profit Margin (%)	-279.36	-358.49	-1,028.22	-10.3	-1.36	-4.59
Net Income to Common Margin (%)	-279.36	-358.49	-1,028.22	-10.3	-1.36	-4.59
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	2	11	26	27	20	1
ST Debt	1	1	3	4	4	1
LT Debt	1	11	23	24	16	- -
Total Debt/EBITDA	-0.05	-0.08	-0.17	-0.28	-0.27	- -
Net Debt/EBITDA	1.77	2.9	0.65	0.55	0.53	0.19
Total Debt/EBIT	-0.05	-0.08	-0.15	-0.24	-0.27	- -
Net Debt/EBIT	1.49	2.62	0.55	0.48	0.53	0.19
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	81.71	-4.07	-148.5	-283.18	-296.22	-556.04
Long-Term Debt/Equity (%)	0.3	0.46	6.96	17.33	25.62	- -
Long-Term Debt/Capital (%)	0.32	0.61	-5.71	-3.69	-2.15	- -
Long-Term Debt/Total Assets (%)	0.26	0.44	5.14	8.87	5.98	- -
Total Debt/Equity (%)	0.56	0.49	7.86	20.01	31.66	0.49
Total Debt/Capital (%)	0.6	0.65	-6.44	-4.27	-2.66	-0.06
Total Debt/Total Assets (%)	0.49	0.47	5.8	10.24	7.39	0.34
Net Debt to Equity	-18.39	-17.06	-29.26	-38.97	-62.13	-23.91
Net Debt/Capital (%)	-24.34	-29.05	19.34	7.67	4.95	2.89
EBITDA	-42	-135	-152	-97	-73	-141
EBITDA-CapEx	-63	-151	-152	-97	-73	-144
Operating Income (Loss)	-50	-149	-177	-111	-74	-142

Liquidity (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	1.51	5.32	2.6	0.7	0.28	0.82
Current Ratio	2.59	6.3	3.54	1.8	1.33	2.19
Quick Ratio	1.71	5.56	2.87	0.99	0.33	1.26
CFO/Avg Current Liab	- -	-2.04	-1.42	-0.63	-0.18	-1.8
Common Equity/Total Assets	81.71	-4.07	-148.5	-283.18	-296.22	-556.04
Long-Term Debt/Equity (%)	0.3	0.46	6.96	17.33	25.62	- -
Long-Term Debt/Capital (%)	0.32	0.61	-5.71	-3.69	-2.15	- -
Long-Term Debt/Total Assets (%)	0.26	0.44	5.14	8.87	5.98	- -
Total Debt/Equity (%)	0.56	0.49	7.86	20.01	31.66	0.49
Total Debt/Capital (%)	0.6	0.65	-6.44	-4.27	-2.66	-0.06
Total Debt/Total Assets (%)	0.49	0.47	5.8	10.24	7.39	0.34
CFO/Total Liabilities	-52.8	-105.87	-98.47	-46.84	-10.27	-306.76
CFO/CapEx	-1.5	-8.11	- -	- -	- -	-57.89
Altman's Z-Score	4.01	2.18	-2.69	-2.14	11.19	10.07

Working Capital (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	4.37	3.06	26.45	192.99	451.73
Days Sales Outstanding	- -	83.57	119.16	13.8	1.89	0.81
Inventory Turnover	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	0.09	31.37	234.73	300.85
Accounts Payable Turnover Days	- -	- -	4,033.39	11.63	1.55	1.21
Cash Conversion Cycle	- -	- -	-3,914.23	2.16	0.34	-0.41
Inventory to Cash Days	- -	- -	119.16	13.8	1.89	0.81
Inventories	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	504	486	85	199	145	256
- Cash & Cash Equivalents	75	391	98	53	39	27
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	1,826	240	87	29	- -
+ Total Debt	2	11	26	27	20	1
Enterprise Value	429	1,932	112	243	155	230
Total Capital	385	1,739	-410	-637	-749	-905
Total Debt/Capital (%)	0.6	0.65	-6.44	-4.27	-2.66	-0.06
Total Debt / EV	0.01	0.01	0.24	0.11	0.13	- -
EV/Sales	15.05	51.86	1.98	0.33	0.05	0.1
EV/EBITDA	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Diluted Market Cap	504	486	85	199	145	256
Diluted Enterprise Value	431	1,932	253	260	155	230
EV per Share	214.53	844.99	39.18	68.19	26.44	9
TTM Sales	28	37	56	727	3,441	2,335
TTM EBITDA	-42	-135	-152	-97	-73	-141
TTM Operating Income	-50	-149	-177	-111	-74	-142
TTM Cash Flow to Firm	-31	-127	-118	-61	-21	-153
TTM Free Cash Flow to Firm	-10	-111	-118	-61	-21	-151

Multiples (USD)

API ChatGPT

	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-48.57	-4.36	-0.72	-3.27	-6.85	-1.7
EV/EBIT	- -	- -	- -	- -	- -	- -
Enterprise Value	429	1,932	112	243	155	230
Low Price	240	200	29	16.03	5.57	6.81
EV/Sales	15.05	51.86	1.98	0.33	0.05	0.1
EV/EBITDA	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -
Price/Earnings Average	-6.26	-5.61	-0.42	-1.71	-2.3	-3.81
Price/Earnings High	-6.9	-21.74	-1.11	-3.42	-7.47	-11.85
Price/Earnings Low	-6.03	-3.42	-0.14	-0.76	-0.7	-1.62
Price/Book Value	1.32	-4.95	-0.13	-0.26	-0.18	-0.28
Price/Book Value Average	1.3	-7.62	-0.36	-0.17	-0.13	-0.45
Price/Book Value High	1.44	-29.54	-0.95	-0.34	-0.44	-1.4
Price/Book Value Low	1.25	-4.65	-0.12	-0.08	-0.04	-0.19
Price/Tangible Book Value	4.41	1.28	0.32	3.07	-18.03	6.02
Price/Tangible Book Value Average	4.36	1.98	0.91	1.98	-13.35	9.6
Price/Tangible Book Value High	4.82	7.67	2.43	3.94	-43.32	29.85
Price/Tangible Book Value Low	4.2	1.21	0.31	0.88	-4.06	4.08
Price/Sales	17.68	13.06	1.51	0.27	0.04	0.11
Price/Sales Average	17.47	20.11	4.29	0.18	0.03	0.18
Price/Sales High	19.29	77.95	11.4	0.35	0.1	0.54
Price/Sales Low	16.83	12.28	1.47	0.08	0.01	0.07
Price/Cash Flow	-16.28	-3.83	-0.72	-3.27	-6.85	-1.67
Price/Cash Flow Average	-16.09	-5.89	-2.05	-2.11	-5.07	-2.67
Price/Cash Flow High	-17.77	-22.84	-5.45	-4.21	-16.44	-8.28
Price/Cash Flow Low	-15.5	-3.6	-0.7	-0.94	-1.54	-1.13
Price/Free Cash Flow Average	-48.01	-6.72	-2.05	-2.11	-5.07	-2.71
Price/Free Cash Flow High	-53	-26.05	-5.45	-4.21	-16.44	-8.43
Price/Free Cash Flow Low	-46.25	-4.1	-0.7	-0.94	-1.54	-1.15
EV/Sales Average	14.91	58.91	7.27	0.26	0.03	0.16
EV/Sales High	16.73	116.76	14.39	0.44	0.1	0.53
EV/Sales Low	14.27	51.08	4.45	0.16	0.01	0.06
EV/EBITDA Average	-10	-16.28	-2.69	-1.96	-1.6	-2.71
EV/EBITDA High	-11.22	-32.25	-5.32	-3.27	-4.9	-8.82
EV/EBITDA Low	-9.57	-14.11	-1.65	-1.23	-0.58	-1.04
EV/EBIT Average	-8.42	-14.7	-2.31	-1.71	-1.59	-2.7
EV/EBIT High	-9.45	-29.14	-4.56	-2.86	-4.88	-8.78
EV/EBIT Low	-8.06	-12.75	-1.41	-1.07	-0.58	-1.04
Last Price	252	212.75	29.75	55.75	24.77	10.04
High Price	275	1,270	225.25	71.75	59.5	49.79
Enterprise Value Average	425	2,195	409	190	117	382
Enterprise Value High	477	4,350	809	317	358	1,244
Enterprise Value Low	407	1,903	250	119	42	147

Shares Outstanding	2	2	3	4	7	26
Diluted Weighted Avg Shares	2	2	3	4	6	26
Basic Weighted Avg Shares	2	2	3	4	6	26
Revenue per Share	14.26	16.29	19.75	204.02	587.26	91.5
EBITDA per Share	-21.25	-58.98	-53.38	-27.22	-12.49	-5.53
Operating Income per Share	-25.24	-65.28	-62.29	-31.13	-12.55	-5.55
Basic EPS, GAAP	-39.83	-58.41	-203.08	-21.01	-7.96	-4.2
Basic EPS from Cont Ops	-39.83	-111.25	-699.03	-43.12	-16.11	-3.83
Diluted EPS, GAAP	-39.83	-58.41	-203.08	-21.01	-7.96	-4.2
Diluted EPS from Cont Ops	-39.83	-111.25	-699.03	-43.12	-16.11	-3.83
Dividend per Share	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-15.48	-55.61	-41.31	-17.03	-3.62	-6.01
Free Cash Flow per Basic Share	-25.77	-62.47	-41.31	-17.03	-3.62	-6.11
Cash & Equivalents per Share	38.62	171.16	84.09	19.72	6.66	1.07
Book Value per Share	191.47	-43	-237.61	-210.84	-136.18	-35.46
Tangible Book Value per Share	57.11	165.57	92.87	18.19	-1.37	1.67

Bakkt Holdings, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)