Bakkt

Bakkt

Capital Markets
Bakkt Holdings Inc operates technology that connects the digital economy by offering a platform for crypto and redeeming loyalty points. Its institutional-grade technology platform provides a custody solution that caters to more experienced market participants to store crypto and provides consumers, businesses, and institutions with the ability to buy, sell, and store crypto in a simple, intuitive digital experience accessed via application programming interfaces (APIs) or embedded web experience and Loyalty offers a full spectrum of content that clients can make available to its customers when redeeming loyalty currencies. It generates revenue in the form of Subscription and service and Transaction revenue.

$349.3M

Market Cap • 10/2/2026

2018

(8 years)

Founded

2021

(5 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

1

P/S

0,3

P/EBITDA

—

P/OCF

—

P/FCF

—

P/E

—

BVPS

7,9

EPS

—

Market Cap

Market Cap

349,3M

EV

299M

EV/Revenue

0,3

EV/EBITDA

-2

EV/EBIT

-2

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

-39,9%

Total Yield

-39,9%

Payout

0%

Retained Earnings

-836M

Profitability

Gross Margin

—

EBITDA Margin

—

EBIT Margin

—

Net Margin

—

D&A/EBITDA

0%

R&D/Revenue

0%

Capex/Revenue

0,3%

Capex/D&A

222,4%

Capex/OCF

-3,6%

SBC/OCF

—

% PPE

0,5%

% Goodwill

38,8%

ROE

—

ROIC

—

Growth

CAGR Op. Income 5Y

7,6%

CAGR Net Income 5Y

-28,4%

Leverage

N.D./EBITDA

0,3

Debt/Equity

0%

Current Ratio

3,1

Quick Ratio

2

Interest Coverage

—

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