How profitable is American Bitcoin Corp. (Class A) (ABTC)?

In FY 2025 (10-K), ABTC converted $185.2M of revenue into a 52% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).

Stock Ratings / Financials / ABTC / financials

FWDI (29) OPFI (50) WYFI (30) OPRT (64) ⌘ Pro Terminal →

American Bitcoin Corp. (Class A) (ABTC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$6.15 -7.38% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $6.06

American Bitcoin Corp. (Class A) (ABTC) carries a Roarable Rating of E (Strong Sell) with 23/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE E • RED ALERT Cap $483.5M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is ABTC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, American Bitcoin Corp. (Class A) (NASDAQ: ABTC) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 23/100 at a spot price of $6.15 (-7.38% 1D, market cap $483.5M). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 3/20, SEC Balance-Sheet Forensics 8/20, FRED Macro Regime Fit 3/20, and Executive Insider Alignment 3/20. Across 1097 tracked Financials issuers, ABTC ranks #1072 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does ABTC compare to FWDI and OPFI in the Financials sector?

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Within the Financials sector (Finance: Consumer Services), ABTC carries a Roarable E (23/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -27.1%. By comparison, FWDI (Forward Industries Inc.) holds a E grade (29/100 RQD, P/E N/A, ROIC -0.8%, cap $484.4M) and OPFI (OppFi Inc. (Class A)) posts a D grade (50/100 RQD, P/E 19.0x, ROIC 85.0%, cap $478.9M). Among the 5-stock peer group, OPRT leads on earnings multiple (18.2x) while OPFI leads on capital efficiency (85.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for ABTC?

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Per ABTC's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001755953), American Bitcoin Corp. (Class A) generated $185.2M in revenue (+158.8% YoY), -$153.2M in net income, and -$79.6M in free cash flow against $1.25B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $6.06 (-1.52%)🧬 Dilution Drag (+2.48% YoY Shares)⚙️ Cash Engine: 6/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (23/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-11.1% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 Quant Analysts Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR RQD RADARRw E · Rk E

Each axis scored 0–20

12M PRICE TARGET CONE-15.8% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for ABTC)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (23/100 Composite)

🔍 WHY ABTC SCORES 23/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+8/20 pts (35% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 2/9

▲ #2 Bullish Driver: Cash Engine Quality+6/20 pts (26% of score)

SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+2.48% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$8.66-11.3% Next Q

Q2 (-2Q)

Grade E$7.68+0.9% Next Q

Q3 (-1Q)

Grade E$7.75-20.6% Next Q

Current

Grade E$6.15-11.1% Hist 90D α

Trajectory: E (31) → E (23)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a ABTC Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While ABTC currently carries a cautious 23/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($8.30) and Max Pain ($6.46) forces dealer call-delta covering toward $84.38.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+2.48% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $ABTC• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “ABTC Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 23%NO 77%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How ABTC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $65.0M

FY24

Rev $71.5M

FY25

Rev $185.2M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$185.2M	52%	-80%	-$153.2M	-$79.6M	-27.1%
FY 2024	$71.5M	52%	85%	-$21.3M	-$60.6M	37.7%
FY 2023	$65.0M	52%	9.6%	-$28.6M	-$56.0M	-27.1%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring ABTC)

✓Walkthrough of ABTC's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

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ABTC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -64.96%▼ SUPPORT BREAKDOWN

2026-11-03O $7.50H $7.50L $6.15C $6.15VOL 1.27M

RES: $8.46SUP: $7.62SMA50: $8.30SMA200: $12.42

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ABTC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 ABTC Butterfly Map → + Track ABTC →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

8.0%/yr Implied 5Y Growth

vs. +158.8% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on ABTC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ABTC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for ABTC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (ABTC)

Financials Rank #1072 of 1097 ⚔️ FWDI vs ABTC Full Matrix →

1. Head-to-Head Financials Peer Comparison (ABTC vs. FWDI, OPFI, WYFI, OPRT)

Industry: Finance: Consumer Services (156 Tracked Issuers)

Across 1097 tracked Financials securities in the Roarable RQD universe, American Bitcoin Corp. (Class A) (ABTC) ranks #1072 by composite RQD confidence (23/100, grade E) and #710 by equity capitalization ($483.5M). Within this direct 5-issuer industry benchmark cohort, OPRT leads on earnings valuation at 18.2x trailing P/E, while OPFI leads on capital efficiency and profitability with 85.0% ROIC and — gross margin. OPRT currently holds the highest overall quantitative score in the immediate peer group at 64/100 (C) compared with ABTC at 23/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
ABTC ACTIVE American Bitcoin Corp. (Class A)	E	23/100	—	—	-27.1%	-7.38%	$483.5M	Benchmark Subject
FWDI Forward Industries Inc.	E	29/100	—	—	-0.8%	-5.67%	$484.4M	/fwdi-vs-abtc →
OPFI OppFi Inc. (Class A)	D	50/100	19.0x	—	85.0%	-0.36%	$478.9M	/opfi-vs-abtc →
WYFI WhiteFiber Inc.	E	30/100	—	—	-5.8%	-10.62%	$469.1M	/wyfi-vs-abtc →
OPRT Oportun Financial Corporation	C	64/100	18.2x	—	6.5%	+0.30%	$454.8M	/oprt-vs-abtc →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001755953 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), American Bitcoin Corp. (Class A) (ABTC) reported GAAP revenue of $185.2M (+158.8% vs. FY2024 revenue of $71.5M , and +185.0% cumulative change since FY2023) , GAAP net income of -$153.2M, operating cash flow of -$79.6M, and free cash flow of -$79.6M (-31.3% YoY). On the balance sheet, ABTC closed FY2025 with $1.25B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 2/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$185.2M	-$153.2M	-$79.6M	-$79.6M	$1.25B	—
FY2024 (FY)	2024-12-31	$71.5M	-$21.3M	-$54.0M	-$60.6M	$1.11B	—
FY2023 (FY)	2023-12-31	$65.0M	-$28.6M	-$56.0M	-$56.0M	—	—

3. ABTC Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is ABTC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does ABTC compare to FWDI and OPFI in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for ABTC?

Where is ABTC trading relative to its 50-day, 200-day, and 52-week technical levels?

ABTC last traded at $6.15 (-7.38% on volume of 869,648 shares), positioning the stock -25.90% below its 50-day simple moving average ($8.30) and -50.48% below its 200-day simple moving average ($12.42). Across its 52-week range of $4.92 to $80.36, ABTC sits at the 1.6% percentile with a 14-day RSI of 41.0 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($5.38 to $6.92).

Direct Sub-Reports: ABTC RQD Cockpit ABTC 12M Forecast ABTC Earnings & Move ABTC Dividends & DRIP ABTC Insiders & 13F ABTC Whale Options ABTC Profit Sankey ABTC News & Why

ROARABLE RATING BRIEF • RQD 23/100 (E) ✓ SEC XBRL & RQD VERIFIED

ABTC — American Bitcoin Corp. (Class A): What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

American Bitcoin Corp. (Class A) (ABTC) earns a live Roarable RQD composite score of 23/100, corresponding to a E letter grade (Roarable Strong Sell) at a spot price of $6.15 (-7.38% 1D, market capitalization $483.5M).

Fundamental Cash Engine (6/20): Anchored by return on invested capital (ROIC) of -27.1%, gross margin of —, operating margin of -60.0%, and free cash flow yield of -14.58%.
Whale 13F & Options Flow (3/20) + Insider Conviction (3/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (3/20) + Forensic Balance Sheet (8/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 2/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

American Bitcoin Corp. (Class A) (ABTC) is listed on NASDAQ and classified under the Financials sector and the Finance: Consumer Services industry. The company profile is the only descriptive source provided.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), American Bitcoin Corp. (Class A) (ABTC) reported $185.2M in annual revenue (up from $71.5M in FY2024, +158.8% YoY) and -$153.2M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($65.0M revenue, -$28.6M net income) through FY2025, ABTC scaled operating cash flow to -$79.6M and free cash flow to -$79.6M, backed by $1.25B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (E • RQD 23/100): Established market leader in Financials with deep daily trading liquidity. Free cash flow yield of -14.58% and institutional whale pillar of 3/20. With Fundamental Cash Engine at 6/20 and Institutional Whale Flow at 3/20, sustained execution supports upside toward the upper end of the $4.92 – $80.36 52-week range.
🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation against -60.0% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Finance: Consumer Services (Financials), ABTC carries a macro regime beta of 1.00 and gross margin of —.

Key Question #1: Can ABTC sustain or expand its -60.0% operating margin and -27.1% ROIC against Finance: Consumer Services peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $185.2M and free cash flow of -$79.6M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is ABTC's equity valuation to Financials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

ABTC Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for American Bitcoin Corp. (Class A) (ABTC) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to ABTC Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 1d ago

American Bitcoin (ABTC) Stock Sees Fair Value Lift As Analysts Rework Bitcoin Assumptions

Yahoo Finance report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

American Bitcoin: The Market Pays Almost Nothing For The Mining Business (ABTC)

Seeking Alpha report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stocktwits • 1d ago

ABTC Stock Gets A $22 Price Target As Analyst Bets On Its Bitcoin Mining Edge

Stocktwits report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH CoinMarketCap • 1d ago

American Bitcoin Shares Drop 38% as Lockup Period Expires

CoinMarketCap report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

American Bitcoin Corp. Estimates – NASDAQ:ABTC

TradingView report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

American Bitcoin Q3 Earnings Preview: Upgrading To Buy As Bitcoin Per Share Grows

Seeking Alpha report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 2d ago

American Bitcoin (ABTC) Short Interest & Short Float | Updated Oct 2026

MarketBeat report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE https://www.siam.in/ • 2d ago

American Bitcoin Corp. (ABTC) Rises 5.30% to $8.14 as Buyers Push Toward Resistance - Negative Gamma

https://www.siam.in/ report covering American Bitcoin Corp. (Class A) (ABTC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

ABTC Bull vs. Bear Conversation Board — What's Your Call at $6.15?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON ABTC 🐻 33% BEARISH CONVICTION

BR BreakoutHunter RQD DEBATE OPENER • Swing & Catalyst Trader 🐂 BULLISH 🎯 Target: $7.84 (+18.1%)

📌 Pinned Debate

Analysts are reworking bitcoin fair-value assumptions and one cited target of $22 sits well above the $7.5 price.

Here is why I am bullish on ABTC here at $6.64: Analysts are reworking bitcoin fair-value assumptions and one cited target of $22 sits well above the $7.5 price.. Compare ABTC's -60.0% operating margin and -27.1% ROIC against the rest of Finance: Consumer Services. As long as cash conversion holds up, dips toward $6.31 are getting bought.

VolSurface_Trader 🐂 BULL

Both sides have a point here — ABTC's 8/20 balance sheet score keeps downside contained, so the real swing factor next earnings call is backlog and FCF conversion.

CR CreditSpread_Watch RQD DEBATE OPENER • Balance Sheet Analyst 🐻 BEARISH 🎯 Target: $5.44 (-18.1%)

Spot @ $6.64

ROIC of -27.1%, FCF yield of -14.58%, and a Piotroski F-Score of 2/9 signal weak cash generation and fundamental health.

Sitting on the sidelines or leaning short ABTC above $6.64. ROIC of -27.1%, FCF yield of -14.58%, and a Piotroski F-Score of 2/9 signal weak cash generation and fundamental health.. Until Fundamental Cash Engine (6/20) and FCF yield (-14.58%) inflect higher, upside is capped near $80.36.