Abits Group Inc

EDGAR

Annual consolidated revenue for 2025: about USD 9.129M, using the latest reported figures. The previous period, 2024, was about USD 6.711M.

Watchlist

Latest quarter

Revenue

383 thousand USD

2019 Q4 · USD

Exact inputs and evidence

Operating margin

58.54%

2019 Q4 · %

Exact inputs and evidence
  • Operating Income: 224418 USD Source
  • Revenue: 383375 USD Source

Operating cash flow

-366 thousand USD

2019 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: -366273 USD Source
Cash and cash equivalents
83.8 thousand USD Source
Exact value

83837 USD

Long-term debt including current maturities
375 thousand USD Source
Exact value

375000 USD

Shares outstanding
2.37 million shares Source
Exact value

2369995 shares

Reported share-count change

0.00% · 0 shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 2369995 shares · 2024-12-31· Source
  • 2369995 shares · 2025-12-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-29.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2025-12-31
  • Operating income: 7 of 11 periods available· newest 2025-12-31
  • Net income: 7 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2025-12-31
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 4 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 6 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 1 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 7 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +36%

    Prior period

    USD 6.71 million

    –

    Current period

    USD 9.13 million

    –

    Exact inputs and evidence

    9128666 − 6711225 = 2417441 USD

    6711225 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    9128666 USD · 2025-01-01 – 2025-12-31

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  • Net income

    −USD 1.96 million

    Prior period

    −USD 909,660

    –

    Current period

    −USD 2.87 million

    –

    Exact inputs and evidence

    -2869496 − -909660 = -1959836 USD

    -909660 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -2869496 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -26.3%

    Prior period

    USD 1.92 million

    –

    Current period

    USD 1.41 million

    –

    Exact inputs and evidence

    1413577 − 1917048 = -503471 USD

    1917048 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1413577 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +19.4%

    Prior period

    USD 2.6 million

    –

    Current period

    USD 3.1 million

    –

    Exact inputs and evidence

    3100567 − 2596673 = 503894 USD

    2596673 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3100567 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 9.13 million 100% of revenue
  • Operating costs Derived USD 5.45 million 60% of revenue
  • Operating income USD 3.68 million 40% of revenue
  • Tax, interest and other Derived USD 6.55 million 72% of revenue
  • Net income −USD 2.87 million −31% of revenue

Cash

  • Operating cash flow USD 1.41 million 15% of revenue
  • Capital expenditure USD 3.1 million 34% of revenue
  • Free cash flow Derived −USD 1.69 million −18% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 Operating loss: operating costs were 243% of revenue.
  • 2020 92%
  • 2021 Operating loss: operating costs were 1,407% of revenue.
  • 2022 Operating loss: operating costs were 220% of revenue.
  • 2023 Net loss: net income was −748% of revenue.
  • 2024 Net loss: net income was −14% of revenue.
  • 2025 Net loss: net income was −31% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2018-10-01 – 2019-09-30370411 900105 Derived -529694 -830149 Derived 300455 Unavailable
Source
2020 2019-10-01 – 2020-09-30946466 873750 Derived 72716 0 Derived 72716 Unavailable
Source
2021 2021-01-01 – 2021-12-31219330 3085470 Derived -2866140 -126290 Derived -2739850 Unavailable
Source
2022 2022-01-01 – 2022-12-31164428 361490 Derived -197062 21323052 Derived -21520114 -38022529 Derived
Source
2023 2023-01-01 – 2023-12-311681533 455468 Derived 1226065 13811315 Derived -12585250 -7494625 Derived
Source
2024 2024-01-01 – 2024-12-316711225 3335819 Derived 3375406 4285066 Derived -909660 -679625 Derived
Source
2025 2025-01-01 – 2025-12-319128666 5452168 Derived 3676498 6545994 Derived -2869496 -1686990 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 9.1M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.9M7.4M4.9M2.5M0.0201920222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue370411
2020Revenue946466
2021Revenue219330
2022Revenue164428
2023Revenue1681533
2024Revenue6711225
2025Revenue9128666

Revenue growth

Change in revenue from the same financial period one year earlier.

36% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.998%724%449%174%-101%201920222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year155.5%
2021Year over yearNo prior comparable period
2022Year over year-25%
2023Year over year922.7%
2024Year over year299.1%
2025Year over year36%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 40.3% 2025
Net margin -31.4% 2025
Free cash flow margin -18.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1,938%-4,792%-11,522%-18,251%-24,981%201920222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin-143%
2020Operating margin7.7%
2021Operating margin-1,306.8%
2022Operating margin-119.8%
2023Operating margin72.9%
2024Operating margin50.3%
2025Operating margin40.3%
2019Net margin81.1%
2020Net margin7.7%
2021Net margin-1,249.2%
2022Net margin-13,087.9%
2023Net margin-748.4%
2024Net margin-13.6%
2025Net margin-31.4%
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow margin-23,124.1%
2023Free cash flow margin-445.7%
2024Free cash flow margin-10.1%
2025Free cash flow margin-18.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 1.4M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.7M-21.8K-2.7M-5.4M-8.1M201920222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flow-1177749
2020Operating cash flow-1734299
2021Operating cash flow-1102362
2022Operating cash flow-7315421
2023Operating cash flow1755913
2024Operating cash flow1917048
2025Operating cash flow1413577

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -1.7M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.0M-8.0M-19.0M-30.0M-41.1M201920222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flow-38022529
2023Free cash flow-7494625
2024Free cash flow-679625
2025Free cash flow-1686990

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

28.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.31.0%23.3%15.5%7.8%0.0%2019-09-3020222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019-09-30Liabilities / assetsNot reported
2020-09-30Liabilities / assetsNot reported
2021-12-31Liabilities / assetsNot reported
2022Liabilities / assets2.5%
2023Liabilities / assets8.2%
2024Liabilities / assets8.7%
2025Liabilities / assets28.7%

Current assets to current liabilities

Current assets divided by current liabilities.

0.33× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.53×1.89×1.26×0.63×0.00×201920222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019Current assets / current liabilities1.06×
2020Current assets / current liabilities1.21×
2021Current assets / current liabilities2.34×
2022Current assets / current liabilitiesNot reported
2023Current assets / current liabilities1.65×
2024Current assets / current liabilities1.69×
2025Current assets / current liabilities0.33×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2018-10-01 – 2019-09-30
USD 300,455
Exact value

Exact value: 300455 USD

2018-10-01 – 2019-09-30: 300455 USD Inspect Net Income Open source
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−USD 1.18 million
Exact value

Exact value: -1177749 USD

2018-10-01 – 2019-09-30: -1177749 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2019-10-01 – 2020-09-30
USD 72,716
Exact value

Exact value: 72716 USD

2019-10-01 – 2020-09-30: 72716 USD Inspect Net Income Open source
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−USD 1.73 million
Exact value

Exact value: -1734299 USD

2019-10-01 – 2020-09-30: -1734299 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 2.74 million
Exact value

Exact value: -2739850 USD

2021-01-01 – 2021-12-31: -2739850 USD Inspect Net Income Open source
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−USD 1.1 million
Exact value

Exact value: -1102362 USD

2021-01-01 – 2021-12-31: -1102362 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 21.52 million
Exact value

Exact value: -21520114 USD

2022-01-01 – 2022-12-31: -21520114 USD Inspect Net Income Open source
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−USD 7.32 million
Exact value

Exact value: -7315421 USD

2022-01-01 – 2022-12-31: -7315421 USD Inspect Operating Cash Flow Open source
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USD 30.71 million
Exact value

Exact value: 30707108 USD

2022-01-01 – 2022-12-31: 30707108 USD Inspect Capital Expenditure Open source
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−USD 38.02 million
Calculation and evidence

-7315421 − 30707108 USD

Exact free cash flow: -38022529 USD

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2023 2023-01-01 – 2023-12-31
−USD 12.59 million
Exact value

Exact value: -12585250 USD

2023-01-01 – 2023-12-31: -12585250 USD Inspect Net Income Open source
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USD 1.76 million
Exact value

Exact value: 1755913 USD

2023-01-01 – 2023-12-31: 1755913 USD Inspect Operating Cash Flow Open source
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USD 9.25 million
Exact value

Exact value: 9250538 USD

2023-01-01 – 2023-12-31: 9250538 USD Inspect Capital Expenditure Open source
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−USD 7.49 million
Calculation and evidence

1755913 − 9250538 USD

Exact free cash flow: -7494625 USD

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2024 2024-01-01 – 2024-12-31
−USD 909,660
Exact value

Exact value: -909660 USD

2024-01-01 – 2024-12-31: -909660 USD Inspect Net Income Open source
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USD 1.92 million
Exact value

Exact value: 1917048 USD

2024-01-01 – 2024-12-31: 1917048 USD Inspect Operating Cash Flow Open source
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USD 2.6 million
Exact value

Exact value: 2596673 USD

2024-01-01 – 2024-12-31: 2596673 USD Inspect Capital Expenditure Open source
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−USD 679,625
Calculation and evidence

1917048 − 2596673 USD

Exact free cash flow: -679625 USD

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2025 2025-01-01 – 2025-12-31
−USD 2.87 million
Exact value

Exact value: -2869496 USD

2025-01-01 – 2025-12-31: -2869496 USD Inspect Net Income Open source
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USD 1.41 million
Exact value

Exact value: 1413577 USD

2025-01-01 – 2025-12-31: 1413577 USD Inspect Operating Cash Flow Open source
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USD 3.1 million
Exact value

Exact value: 3100567 USD

2025-01-01 – 2025-12-31: 3100567 USD Inspect Capital Expenditure Open source
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−USD 1.69 million
Calculation and evidence

1413577 − 3100567 USD

Exact free cash flow: -1686990 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

68 filings · 479 latest values · 479 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001864055, 1864055, ABTS, MOXC, edgar:1864055

Also known as ABITS GROUP INC, Abits Group Inc, MOXIAN (BVI) INC, MOXIAN (BVI) INC, MOXIAN (BVI) INC., Moxian (BVI) Inc