Capital B

Capital B

5.65
EUR
-0.45
(-7.38%)
Apr 01Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.41
3.47
1.94
0.76
0.26
0.08
0.08
0.25
0.37
0.35
0.26
0.15
0.05
- -
Basic EPS, GAAP
-0.25
-0.83
-0.92
-0.95
-0.45
-0.06
0.01
0.02
-0.01
-0.08
-0.27
0.02
-0.27
- -
Free Cash Flow per Basic Share
-0.15
-0.45
-0.44
-0.22
-0.2
-0.04
- -
- -
-0.03
-0.09
- -
-0.02
-0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.9
2.17
1.23
0.26
0.01
-0.04
-0.03
0.02
0.56
0.44
0.09
0.13
0.48
0.13
Tangible Book Value per Share
0.32
-0.04
0.31
-0.17
-0.14
-0.11
-0.08
-0.11
0.02
-0.1
-0.16
-0.09
0.41
-0.09
Basic Weighted Avg Shares
7
8
8
9
12
27
28
33
43
61
80
90
227
9
Sales/Revenue/Turnover
24
28
16
7
3
2
2
8
16
21
20
14
11
- -
Operating Margin (%)
1.57
-8.95
-17.09
-14.44
8.93
-23.18
25.88
-3.52
-7.68
-44.93
-35.58
-21.44
-583.33
- -
Depreciation Expense
1
2
2
4
1
-6
-1
- -
1
2
16
1
59
- -
Net Income, GAAP
-2
-7
-8
-8
-5
-2
- -
1
-1
-5
-21
1
-62
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
3.01
2.03
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-7.34
-24.07
-47.57
-126.39
-171.34
-73.09
9.33
8.99
-3.26
-23.59
-103.72
9.78
-554.84
- -
Working Capital
5
3
- -
-2
- -
- -
1
5
12
-4
-7
-4
246
-4
LT Debt
2
2
2
- -
2
2
2
2
4
3
2
2
98
2
Total Equity
23
18
10
3
- -
-1
- -
1
30
27
7
12
109
12
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
9.43
8.3
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
8.79
22.05
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-8.74
-33.2
-54.25
-127.91
-354.81
- -
- -
- -
-3.45
-17.97
-124.01
13.84
-102.32
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
2
1
1
LT Borrowings
2
2
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
80
93
Market Capitalization
- -
- -
- -

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
13
11
13
Cash, Cash Equivalents & STI
1
1
4
Accounts Receivable, Net
6
4
4
Inventories
- -
- -
- -
Total Current Liabilities
20
17
17
Payables & Accruals
- -
- -
- -
ST Debt
2
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
60.01%
545.12%
797.64%
Free Cash Flow
510.37%
1,069.72%
199.33%
Net Income, GAAP
-373.77%
-753.64%
-4,685.18%
Sales/Revenue/Turnover
19.07%
15.15%
-19.17%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
20
2024
- -
- -
14
2025
- -
- -
11

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.27
2024
- -
- -
0.02
2025
- -
- -
-0.27

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Jean-Philippe Casadepax-Soulet
Full Time Employees
110
Sector
Finance
Industry
Financial conglomerates
Address
102 terrasse Boieldieu Puteaux HF France 92800
IPO Date
Jul 4, 2011
Business
Capital B (Euronext Growth Paris: ALCPB.PA), formerly The Blockchain Group SA, operates as Europe's first Bitcoin Treasury Company, focused on accumulating and holding Bitcoin as a long-term strategic reserve asset using excess cash flows and financing instruments while developing technology consulting and services in Data Intelligence, AI, and decentralized technologies; it provides custom digital applications, web development, business intelligence tools, AI-powered decision-making solutions, data analytics, blockchain infrastructure integration, and decentralized applications through its subsidiaries. The company, founded in 2008 and headquartered in Puteaux, France, employs 135 people and primarily serves public and institutional clients across France and international markets via two main operating entities—iOrga for custom applications with traditional and decentralized technologies, and Trimane for end-to-end Data Intelligence solutions—along with specialized subsidiaries in AI and blockchain consulting. Recent developments include a name change to Capital B in November 2024 to reflect its Bitcoin treasury strategy; multiple capital increases in 2025, such as a €58.1 million accelerated bookbuild in September, €5 million subscribed by Adam Back in July enabling 44 BTC purchases, and an ATM-type program with TOBAM yielding additional BTC acquisitions; and aggressive Bitcoin accumulation, with confirmed purchases like 551 BTC for €54.7 million on September 22, 5 BTC for €0.4 million on November 25, 58 BTC for €5.9 million in July, and others bringing total holdings to 2,823 BTC as of late 2025, achieving a BTC Yield exceeding 1,400% year-to-date.