COMP <GO>
BTBT vs RWAY // ALTMAN Z-SCORE & DEBT/EQUITY
Bit Digital Inc. (NASDAQ) VS. Runway Growth Finance Corp. (NASDAQ) • 15-METRIC TALLY: BTBT 2
— RWAY 3
■ METRIC PARITY
LAST: $0.74 (-8.05%) • MKT CAP: $288.5M
balance-sheet
—
LAST: $6.48 (-0.61%) • MKT CAP: $273.3M
balance-sheet
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BTBT VS. RWAY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BTBT | RWAY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -12.00% | 7.00% | -19.00 | RWAY | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | — | — | TIE | /fcf-yield <GO> |
| Operating Margin | -60.00% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | -60.00% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 5.10% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.24% | 0.00% | +0.24 | BTBT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 2/9 | 4/9 | -2.00 | RWAY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 32.5 | 52.1 | -19.60 | RWAY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 7.5x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $288.5M | $273.3M | $15.3M | BTBT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BTBT REV | RWAY REV | BTBT GROSS % | RWAY GROSS % | BTBT FCF | RWAY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $113.6M | $403.2M | — | — | -$574.9M | $186.3M |
| FY 2024 | $108.1M | $458.4M | — | — | -$107.0M | $69.8M |
| FY 2023 | $44.9M | $427.3M | — | — | $1.1M | $112.4M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BTBT // BETA —
RWAY // BETA —