American Bitcoin vs Sprott
Sprott is the larger business, with $285m of revenue in fiscal 2025 against $185m for American Bitcoin (1.5 times as much). American Bitcoin grew faster (158.8% against 59.6%). Sprott kept more of each dollar of sales as profit: a net margin of 23.6% against -82.7%.
| Latest fiscal year | American BitcoinABTC, 2025 | SprottSII, 2025 |
|---|---|---|
| Revenue | $185m | $285m |
| Revenue growth | 158.8% | 59.6% |
| Net income | −$153m | $67.3m |
| Operating margin | — | — |
| Net margin | -82.7% | 23.6% |
| Return on equity | -18.2% | 19.5% |
| Free cash flow | −$79.6m | $95.8m |
| Cash | $3.8m | $123m |
| Total debt | $5.5m | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 1.3% |
| Share buybacks | — | $1.6m |
| Employees | — | — |
| Market value | $473m | $2.71bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 9 buys, 0 sales | 0 buys, 0 sales |