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Bitventures Ltd (BVC) stock

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NASDAQ: BVC Nasdaq Application Software

Bitventures Ltd is a US-listed company in the application software industry. Its financial year ends in June.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 2 sales by directors and officers, last 12 monthsInsider trades

Value diary

Our note on each quarter Bitventures files

Where Bitventures stands after its latest Filing

Bitventures has little or no product revenue yet. The diluted share count is up 91.4% on a year earlier, which dilutes existing holders.

Our model value for Bitventures is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Bitventures Ltd's trailing-twelve-month revenue fell 100.0% year on year, with a free-cash-flow margin of 773.1%.

Current signal Capital expenditure surging: TTM capex grew 23100% year over year and now absorbs 93.2% of revenue.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Margins widening. Operating margin is up 18.3 points on a year ago.
  • Strong cash generation. 773.1% of revenue turned into free cash flow.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Revenue shrinking. Revenue fell 100.0% over the last 12 months.
  • Growth slowing. The growth rate is 143.0 points lower than a quarter earlier.
  • Loss-making. Operating margin is -454.8%: costs exceed revenue.
  • Heavy stock-based pay. Stock pay equals 159.6% of revenue: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 91.4% in a year.

Price chart

  • 1 day-1.9%
  • 1 week+1.5%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$498,000
Operating margin
-454.8%
Net margin
687.6%
EPS (TTM, diluted)
$0.41

Growth

Revenue growth
−100.0%
Change in growth rate
−143.0 pts
Share count change
+91.4%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for BVC from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

No model value for Bitventures Ltd at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Bitventures Ltd: too few analysts cover it.

Positioning

Short interest
0.5%
of tradable shares
Days to cover
0.12
at average volume
Short interest, 1 month
+60%
to October 15, 2026
Held by institutions
0%
of shares
Held by insiders
97.3%
of shares
Employees
6
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Fundamentals

Revenue (TTM) Bitventures Ltd
$0 $100M $200M $300M FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FY26 Q4 Revenue (TTM), FY21 Q4: $277.1M Revenue (TTM), FY22 Q4: $9M Revenue (TTM), FY23 Q4: $15.3M Revenue (TTM), FY24 Q4: $21.8M Revenue (TTM), FY25 Q4: $0 Revenue (TTM), FY26 Q4: $498K $498K

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY21 Q4 $277.1M
FY22 Q4 $9M
FY23 Q4 $15.3M
FY24 Q4 $21.8M
FY25 Q4 $0
FY26 Q4 $498K
Revenue growth, TTM YoY Bitventures Ltd
-100% -50% 0% 50% 100% FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue growth, TTM YoY, FY22 Q4: -96.8% Revenue growth, TTM YoY, FY23 Q4: 69.8% Revenue growth, TTM YoY, FY24 Q4: 43.0% Revenue growth, TTM YoY, FY25 Q4: -100.0% -100.0%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY22 Q4 -96.8%
FY23 Q4 69.8%
FY24 Q4 43.0%
FY25 Q4 -100.0%
Operating margin (TTM) Bitventures Ltd
-600% -400% -200% 0% 200% FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY26 Q4 Operating margin (TTM), FY21 Q4: 15.4% Operating margin (TTM), FY22 Q4: -61.0% Operating margin (TTM), FY23 Q4: -21.9% Operating margin (TTM), FY24 Q4: -3.5% Operating margin (TTM), FY26 Q4: -454.8% -454.8%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Operating margin (TTM)
FY21 Q4 15.4%
FY22 Q4 -61.0%
FY23 Q4 -21.9%
FY24 Q4 -3.5%
FY26 Q4 -454.8%
FCF margin (TTM) Bitventures Ltd
0% 200% 400% 600% 800% FY21 Q4 FY23 Q4 FY24 Q4 FY26 Q4 FCF margin (TTM), FY21 Q4: 17.6% FCF margin (TTM), FY23 Q4: 61.9% FCF margin (TTM), FY24 Q4: 11.8% FCF margin (TTM), FY26 Q4: 773.1% 773.1%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY21 Q4 17.6%
FY23 Q4 61.9%
FY24 Q4 11.8%
FY26 Q4 773.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bitventures Ltd: annual financial statements
Fiscal year 2021 Jun 2021 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 277 9 15 22 0 0
Gross profit — — — — — 0
EBITDA 46 −4 −2 0 −3 −2
Operating income 43 −5 −3 −1 −4 −2
Net income 31 −6 −3 −1 −5 3
Diluted EPS — −$1.10 −$0.60 −$0.14 −$0.61 $0.41
Growth (year on year)
Revenue — −96.8% +69.8% +43.0% −100.0% —
EBITDA — −108.1% — — — —
Operating income — −112.9% — — — —
Net income — −120.0% — — — —
Margins
Gross margin — — — — — 57.0%
EBITDA margin 16.7% −42.0% −14.1% 1.1% — −451.2%
Operating margin 15.4% −61.0% −21.9% −3.5% — −454.8%
Net margin 11.3% −69.8% −22.7% −3.4% — 687.6%
Free-cash-flow margin 17.6% — 61.9% 11.8% — 773.1%
Cash flow
Cash from operations 50 −0 9 3 −6 4
Capital spending 2 — 0 0 0 0
Free cash flow 49 — 9 3 −6 4
Stock-based pay 3 1 1 0 0 1
Free cash flow after stock pay 45 — 9 2 −7 3
Balance sheet
Cash 68 3 13 13 1 4
Total debt 0 0 0 0 0 0
Net debt (negative = net cash) −68 −3 −13 −13 −1 −4
Diluted shares — 6m 6m 6m 9m 8m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Diluted share count
+91.4%
year over year

Competitors: side by side with peers

Closest by revenue in application software
Growth, margins and cash generation against peers
Last 12 months unless stated BVC YAAS BNAI CYN AMST AUID Median
Revenue, last 12 months $498000 $539474 $420993 $387130 $364777 $1m $479m
Revenue growth, last 12 months −100.0% 3.5% 547.7% −11.0% 230.2% −42.0% 11.9%
Revenue growth, 3-year average — — — — −24.4% 50.7% 11.1%
Revenue growth, latest quarter — — >999% 328.3% 41.9% −66.0% 11.9%
Gross margin 57.0% 33.4% 100.0% 34.6% — 67.4% 69.2%
Operating margin −454.8% −529.3% <−999% <−999% −861.7% <−999% 1.1%
Operating margin, 3-year average — — <−999% <−999% <−999% <−999% −0.8%
Net margin 687.6% <−999% <−999% <−999% −848.7% <−999% 2.2%
Cash from operations / revenue 866.3% −725.5% <−999% <−999% −588.5% <−999% 18.2%
Free-cash-flow margin 773.1% −725.5% <−999% <−999% −588.5% <−999% 15.1%
Free-cash-flow margin, 3-year average — — <−999% <−999% <−999% −916.0% 16.2%
Stock pay / revenue 159.6% 42.1% 130.2% 359.2% 73.5% 310.7% 9.3%
Change in share count 91.4% 0.9% — — 40.0% 31.6% 2.3%

Median of all 186 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Who owns it

13F filings for June 30, 2026
Reported value
$24,024
Institutions reporting
2
Shares held vs prior quarter
▲ 197.9%
Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
UBS Group AG $21,494 2K 89.5% ▲ 288.4%
Rhumbline Advisers $2,530 0K 10.5% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Bitventures Ltd's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Gallo Joel Adalberto Director October 28, 2026 Sell 633 $14.42 $9,125
Gallo Joel Adalberto Director October 27, 2026 Sell 450 $14.03 $6,313

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Bitventures Ltd was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Bitventures Ltd in brief

What does Bitventures Ltd do?
Bitventures Ltd is a US-listed company in the application software industry. Its financial year ends in June.
What is Bitventures Ltd's stock ticker?
Bitventures Ltd trades under the ticker BVC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Bitventures Ltd's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Bitventures Ltd reported revenue of $498,000, 100.0% lower than a year earlier, according to its SEC filings.
What is Bitventures Ltd's free cash flow?
Bitventures Ltd's free-cash-flow margin is 773.1% of revenue over the trailing twelve months.
Who are Bitventures Ltd's competitors?
In our Application Software peer group, the companies closest to Bitventures Ltd are Youxin Technology Ltd, Brand Engagement Network Inc., Cyngn Inc., Amesite Inc. and Authid Inc. The side-by-side comparison below sets their revenue, margins and growth against Bitventures Ltd's.
Are insiders buying or selling Bitventures Ltd stock?
Over the last 12 months, Bitventures Ltd's directors and officers reported 0 open-market purchases and 2 sales on Form 4. The insider trading page charts every trade.