Business profile not generated.
Run python -m application.cli.business_profile run --market US --one BTCT, then regenerate the site.
Issue 000 | U.S. Pilot | US
BTCT
BTC Digital Ltd.
Passing
Verified
20-F | 2026-05-11
Filing currency: USD
Margin of Safety
39.0%
GNNI internal calculation. Market context inputs are retained internally and are not displayed.
- Current Assets
- 19,296,000USD
- Total Liabilities
- 2,762,000USD
- NCAV
- 16,534,000USD
- Cash
- 350,000USD
- NCAV per share
- 3.63USD/share
- Evidence
- 7 annual | 4 quarterly
Business Profile
Checklist-driven facts extracted from filing text. Missing fields stay visible.
Known Unknowns
Only 4 quarterly periods available from Data Vault for this company.
Medium | Share Count
Issue 000 does not yet evaluate share count trend or post-filing dilution beyond Mary's screening flags.
Low | Classification
U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.
Annual Financials
Latest annual periods, newest first. Missing cells render as n/a.
| Metric |
2025-12-31
20-F
USD
|
2024-12-31
20-F
USD
|
2023-12-31
10-K
USD
|
2022-12-31
20-F
USD
|
2021-12-31
20-F
USD
|
2020-12-31
20-F
USD
|
2019-12-31
20-F
USD
|
|---|---|---|---|---|---|---|---|
| Revenue | 14,041,000 | 11,675,000 | 9,073,000 | 81,599,000 | 728,996,000 | 897,035,000 | 1,447,899,000 |
| Operating Income | -8,809,000 | -2,678,000 | -2,481,000 | 7,223,000 | -6,762,000 | -8,158,000 | n/a |
| Net Income | -9,061,000 | -1,989,000 | -2,824,000 | 38,878,000 | -386,297,000 | -412,783,000 | -5,142 |
| Cash From Operations | -5,258,000 | 1,557,000 | 3,808,000 | -214,127,000 | -459,303,000 | -343,218,000 | -21,571,000 |
| Capex | -8,519,000 | -2,744,000 | -2,501,000 | -61,212,000 | -73,050,000 | -25,652,000 | -86,469,000 |
| Free Cash Flow | -13,777,000 | -1,187,000 | 1,307,000 | -275,339,000 | -532,353,000 | -368,870,000 | -108,040,000 |
| Cash And Equivalents | 350,000 | 14,900,000 | 43,000 | 333,000 | 168,404,000 | 90,115,000 | 140,132,000 |
| Accounts Receivable | 6,223,000 | 5,477,000 | 5,485,000 | 61,396,000 | 44,291,000 | 27,013,000 | 28,903,000 |
| Inventory | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Current Assets | 19,296,000 | 24,553,000 | 8,944,000 | 96,937,000 | 389,738,000 | 243,499,000 | 317,664,000 |
| Total Assets | 39,925,000 | 41,130,000 | 24,543,000 | 209,280,000 | 885,366,000 | 1,098,830,000 | 1,463,565,000 |
| Total Current Liabilities | 2,476,000 | 893,000 | 5,101,000 | 76,305,000 | 714,851,000 | 1,172,657,000 | 5,142 |
| Total Liabilities | 2,762,000 | 1,213,000 | 5,101,000 | 76,305,000 | 848,791,000 | 1,461,372,000 | 5,142 |
| Shareholders Equity | 37,163,000 | 39,917,000 | 19,442,000 | 132,975,000 | 22,440,000 | -378,675,000 | -5,142 |
| Shares Outstanding | 9,516,975 | 6,434,040 | 2,097,535 | 20,880,171 | 341,142,844 | 56,874,548 | 1 |
| Shares Outstanding Diluted | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Weighted Avg Shares Diluted | 8,222,890 | 3,023,327 | 1,494,333 | 13,655,571 | 12,040,040 | 65,842,020 | 48,391,607 |
| Weighted Avg Shares Basic | 8,222,890 | 3,023,327 | 1,494,333 | 13,655,571 | 13,634,847 | 55,661,445 | 48,391,607 |
Quarterly Financials
Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.
Only 4 quarterly periods available from Data Vault for this company.
| Metric |
2024-12-31
20-F
USD
|
2024-09-30
10-Q
USD
|
2024-06-30
10-Q
USD
|
2024-03-31
10-Q
USD
|
|---|---|---|---|---|
| Revenue | 4,137,000 | 2,559,000 | 2,329,000 | 2,650,000 |
| Operating Income | -439,000 | -542,000 | -628,000 | -1,069,000 |
| Net Income | 17,000 | -571,000 | -704,000 | -731,000 |
| Cash From Operations | -1,828,000 | -284,000 | 3,497,000 | 172,000 |
| Capex | 1,291,000 | -10,000 | -3,420,000 | -605,000 |
| Free Cash Flow | -537,000 | -294,000 | 77,000 | -433,000 |
| Cash And Equivalents | 14,900,000 | 27,000 | 287,000 | 32,000 |
| Total Current Assets | 24,553,000 | 9,895,000 | 9,675,000 | 8,686,000 |
| Total Liabilities | 1,213,000 | 4,632,000 | 5,069,000 | 4,286,000 |
| Shares Outstanding | 6,434,040 | 3,297,452 | 2,610,785 | 2,610,785 |
| Shares Outstanding Diluted | n/a | n/a | n/a | n/a |
| Weighted Avg Shares Diluted | 3,023,327 | 2,695,568 | 2,610,785 | 2,440,706 |
| Weighted Avg Shares Basic | 3,023,327 | 2,695,568 | 2,610,785 | 2,440,706 |
Audit Trail
NCAV Audit
Official-source inputs remain linked to filing provenance. Derived values are labeled as such.
| Input | Value | Source concept | Filing period | Confidence | Provenance |
|---|---|---|---|---|---|
| Current Assets | 24,553,000USD | derived | 2024-12-31 | 1.00 | n/a |
| Total Liabilities | 1,213,000USD | derived | 2024-12-31 | 1.00 | n/a |
| Cash | 14,900,000USD | derived | 2024-12-31 | 1.00 | n/a |
| Shares Outstanding | 6,434,040 | derived | 2024-12-31 | 1.00 | n/a |
| NCAV | 23,340,000USD | derived | 2024-12-31 | n/a | company-evidence-v1 | total_current_assets - total_liabilities |
| NCAV per share | 3.63USD | derived | 2024-12-31 | n/a | company-evidence-v1 | NCAV / shares_outstanding |
| Margin of Safety | 39.0% | derived | 2024-12-31 | n/a | gnni_publication_pack | internal_discount |
NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding
Source Provenance
- Data Source
- Data Vault
- Data Vault Root
- D:\Projects\The Data Vault
- CIK
- 0001796514
- Company ID
- n/a
- Selected Annual Source
- D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001796514\companyfacts.json
- Selected Quarterly Source
- D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001796514\companyfacts.json
- Statement Extractor
- companyfacts-screener-v1
- View Extractor
- companyfacts-screener-v1
- Source Accession Count
- 10
- Imported At
- 2026-07-04T23:04:26+00:00
- Rendered At
- 2026-07-05T09:06:29+00:00
Run Audit
- Mary Run
- 1ec055d81d1a42a39490a83bb9e1f22f
- Mary As Of
- 2026-07-03
- Accession
- 0001213900-26-054456
- CIK
- 0001796514
- Mary Filing Date
- 2026-05-11
- Filing Currency
- USD
- Internal Discount
- 39.0%
- Source State
- Verified
- Market Context
- Not Displayed
- Market Policy
- internal_only_not_redistributed
- Share Trend
- Not Evaluated
- Dilution
- Needs Review
mary_run=1ec055d81d1a42a39490a83bb9e1f22f; mary_as_of=2026-07-03; mary_filing_date=2026-05-11; mary_accession=0001213900-26-054456; mary_cik=0001796514; gnni_supporting_filing_date=2026-05-11; internal_discount=0.389864; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.