BM Technologies, Inc.

BM Technologies, Inc.

BMTX
BM Technologies, Inc.US flagNew York Stock Exchange Arca
5.00
USD
- -
- -
60.44MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
5.45
7.99
7
4.77
4.85
Basic EPS, GAAP
0.7
-1
1.44
-0.07
-1.5
-1.11
Free Cash Flow per Basic Share
-0.24
0.99
2.26
-0.18
-0.38
0.23
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
26.25
-3.26
-1.92
-1.97
-3.53
-4.26
Tangible Book Value per Share
26.25
-2.11
-0.05
1.41
0.47
-0.29
Basic Weighted Avg Shares
6
12
12
12
12
12
Sales/Revenue/Turnover
- -
66
95
84
55
57
Operating Margin (%)
- -
-15.14
6.05
-10.73
-34.47
-18.6
Depreciation Expense
- -
13
13
12
12
7
Net Income, GAAP
4
-12
17
-1
-17
-13
Effective Tax Rate (%)
15.57
- -
25.23
- -
- -
1.97
Profit Margin (%)
- -
-18.38
18
-0.93
-31.37
-22.94
Working Capital
- -
-24
12
19
6
-4
LT Debt
- -
- -
- -
- -
- -
- -
Total Equity
161
24
38
49
31
22
Return on Invested Capital (%)
- -
- -
9.9
- -
- -
- -
Return on Capital (%)
- -
- -
-85.78
- -
- -
33.93
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
19
26
40

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
25
22
18
Cash, Cash Equivalents & STI
15
12
11
Accounts Receivable, Net
7
6
5
Inventories
- -
- -
- -
Total Current Liabilities
20
22
22
Payables & Accruals
9
10
10
ST Debt
- -
- -
- -
Deferred Revenue
11
11
12

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-36.61%
Free Cash Flow
- -
- -
98%
Net Income, GAAP
- -
- -
2,124.78%
Sales/Revenue/Turnover
- -
- -
-33.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
25
23
20
16
84
2023
13
13
14
14
55
2024
16
13
14
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.33
0.37
-0.41
-0.35
-0.07
2023
-0.43
-0.39
-0.34
-0.34
-1.5
2024
0.06
-0.41
-0.42
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Luvleen Sidhu
Full Time Employees
200
Sector
Technology
Industry
Software - Application
Address
201 King of Prussia Road Wayne PA United States of America 19087
IPO Date
Sep 21, 2018
Business
BM Technologies, Inc. BM Technologies, Inc. (BMTX), a financial technology company founded in 2015 and headquartered in Wayne, Pennsylvania, facilitates deposits and banking services between customers and its partner banks across the United States. The company provides a full-service fintech banking platform offering digital banking solutions including FDIC-insured checking and savings accounts, disbursement services for higher education institutions and students via BankMobile Vibe, workplace banking through Benefit Banking with direct deposit and financial wellness tools, banking-as-a-service (BaaS) platforms enabling white-label, hybrid, embedded or API-based financial products for brands and fintechs; personal loans, credit cards, identity verification services to combat enrollment fraud, and SaaS products focused on financial wellness, consumer rewards, and anti-fraud capabilities, primarily targeting students, underserved consumers, employers, universities serving over 700 campuses, and businesses seeking branded banking integrations. In October 2024, BM Technologies, Inc. agreed to be acquired by First Carolina Bank in an all-cash transaction valued at approximately $67 million at $5.00 per share, representing a 55% premium to its then-recent trading price, with the deal approved by both boards and expected to close in the first quarter of 2025, after which BMTX will operate as a wholly-owned subsidiary led by its current President and CTO Jamie Donahue while continuing under its existing name.

Company News

APIChat
  • BM TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of BM Technologies, Inc. - BMTX

  • BM Technologies, Inc. (BMTX) Reports Q3 Loss, Tops Revenue Estimates

  • BM Technologies (BMTX) Wins Tech & Learning Award of Excellence for Back-to-School 2024

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of BM Technologies, Inc. – BMTX

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of BM Technologies, Inc. - BMTX

  • BM TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of BM Technologies, Inc. - BMTX

  • BMTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of BM Technologies, Inc. Is Fair to Shareholders

  • Shareholder Alert: Ademi LLP Investigates Whether BM Technologies, Inc. Is Obtaining a Fair Price for Its Public Shareholders

  • BM Technologies to be Acquired by First Carolina Bank for $67 Million

  • BM Technologies (BMTX) Unveils Advanced Identity Verification Service for Colleges and Universities

  • New Strong Sell Stocks for September 13th

  • Jamie Donahue, President and CTO of BM Technologies (BMTX), to Speak at Finovate Fall and MoneyLIVE North America

  • New Strong Sell Stocks for August 23rd

  • BM Technologies, Inc. (BMTX) Q2 2024 Earnings Call Transcript

  • BM Technologies, Inc. (BMTX) Reports Q2 Loss, Lags Revenue Estimates

  • BM Technologies Reports Second Quarter & First Half 2024 Results

  • BM Technologies (BMTX) Wins Gold for "EdTech Company of the Year" in 2024 STEVIE(R) Awards

  • BM Technologies to Announce Q2 2024 Earnings and Host Webcast

  • Endless Earning, Unlocked: BM Technologies (BMTX) Introduces Cash Back Offers for BankMobile Vibe in Collaboration with Kard

  • 7 Oversold Tech Stocks Primed to Quintuple by 2025