Balance Sheet Africa Bitcoin Corporation Limited

Equities

BAC

ZAE000337051

Investment Holding Companies

End-of-day quote Johannesburg S.E. Other stock markets 2026-03-10			5-day change	1st Jan Change
10.50 ^ZAR	+37.25%		+10.53%	+31.25%

Feb. 27	Africa Bitcoin Corporation says group holds 5.0246 BTC with acquisition value of R7.8 mln	RE
Feb. 25	Africa Bitcoin Corporation Limited Announces Resignation of Buyisiwe Makhunga as Non-Executive Director and Chair of the Group's Audit and Risk Committee and as a Member of the Group's Nomination and Remuneration Committee, Effective 25 February 2026	CI

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Published financial data: AFRICA BITCOIN CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2022	2023	2024	2025
Revenues	-	1.96M	973K	7.59M
Gain (Loss) on Sale of Investment, Total (Rev)	149K	-	-	-
Other Revenues, Total	-	-	-	88.04K
Total Revenues	149K	1.96M	973K	7.67M
Cost of Goods Sold, Total	-	-	-	29.4M
Gross Profit	149K	1.96M	973K	-21.72M
Selling General & Admin Expenses, Total	4.14M	40.68M	13.25M	-
Depreciation & Amortization - (IS)	3.92K	-	-	-
Other Operating Expenses, Total	4.15M	40.68M	13.25M	-
Operating Income	-4M	-38.72M	-12.28M	-21.72M
Interest Expense, Total	-191	-89.88K	-150K	-1.73M
Interest And Investment Income	-	113K	6.75K	95.9K
Net Interest Expenses	-191	22.66K	-144K	-1.63M
Currency Exchange Gains (Loss)	24	2.32K	10.21K	-1.76K
Other Non Operating Income (Expenses)	-879	-	-	-
EBT, Excl. Unusual Items	-4M	-38.7M	-12.41M	-23.36M
Gain (Loss) On Sale Of Investments	-	2.24M	75.99M	83.35M
Gain (Loss) On Sale Of Assets	-	-407K	-	-
Asset Writedown	-	-	-	-236K
EBT, Incl. Unusual Items	-4M	-36.86M	63.58M	59.75M
Income Tax Expense	-558K	78.96K	2.92M	11.81M
Earnings From Continuing Operations	-3.44M	-36.94M	60.66M	47.94M
Net Income to Company	-3.44M	-36.94M	60.66M	47.94M
Net Income - (IS)	-3.44M	-36.94M	60.66M	47.94M
Net Income to Common Incl Extra Items	-3.44M	-36.94M	60.66M	47.94M
Net Income to Common Excl. Extra Items	-3.44M	-36.94M	60.66M	47.94M
Per Share Items
Net EPS - Basic	-	-3.8	6.21	4.63
Basic EPS - Continuing Operations	-	-3.8	6.21	4.63
Basic Weighted Average Shares Outstanding	-	9.72M	9.76M	10.35M
Net EPS - Diluted	-	-3.8	6.21	4.63
Diluted EPS - Continuing Operations	-	-3.8	6.21	4.63
Diluted Weighted Average Shares Outstanding	-	9.72M	9.76M	10.35M
Normalized Basic EPS	-	-2.49	-0.79	-1.41
Normalized Diluted EPS	-	-2.49	-0.79	-1.41
Supplemental Items
EBITDA	-3.99M	-38.69M	-12.21M	-21.65M
EBITA	-4M	-38.72M	-12.28M	-21.72M
EBIT	-4M	-38.72M	-12.28M	-21.72M
Effective Tax Rate - (Ratio)	13.95	-0.21	4.59	19.76
Total Deferred Taxes	-558K	78.96K	2.92M	11.81M
Normalized Net Income	-2.5M	-24.18M	-7.76M	-14.6M
Interest on Long-Term Debt	-	89.88K	112K	79.23K
Supplemental Operating Expense Items
Marketing Expenses	467K	-	-	-
Selling and Marketing Expenses	509K	-	-	-
General and Administrative Expenses	2.88M	40.68M	13.25M	-
Stock-Based Comp., Other (Total)	-	21.55M	1.16M	248K
Total Stock-Based Compensation	-	21.55M	1.16M	248K

Fiscal Period: February	2022	2023	2024	2025
Assets
Cash And Equivalents	191K	10.52K	35.5K	25.59K
Short Term Investments	-	83.1K	83.1K	87.25K
Total Cash And Short Term Investments	191K	93.62K	119K	113K
Accounts Receivable, Total	-	-	3.37K	-
Other Receivables	325K	141K	162K	61.17K
Notes Receivable	-	2.31M	-	2.87M
Total Receivables	325K	2.45M	166K	2.93M
Total Current Assets	516K	2.54M	284K	3.04M
Gross Property Plant And Equipment	23.82K	1.57M	1.6M	1.7M
Accumulated Depreciation	-3.59K	-271K	-688K	-1.11M
Net Property Plant And Equipment	20.23K	1.3M	915K	586K
Long-term Investments	136K	21.84M	124M	250M
Other Intangibles, Total	-	-	473K	392K
Loans Receivable Long-Term	876K	-	-	-
Deferred Tax Assets Long-Term	511K	432K	-	-
Deferred Charges Long-Term	-	-	-	812K
Total Assets	2.06M	26.12M	125M	255M
Liabilities
Accounts Payable, Total	836K	514K	508K	2.13M
Accrued Expenses, Total	19.22K	230K	310K	400K
Short-term Borrowings	-	3.41M	4.93M	9.66M
Current Portion of Leases	-	294K	406K	430K
Other Current Liabilities	308K	1.18M	1.01M	697K
Total Current Liabilities	1.16M	5.63M	7.17M	13.32M
Long-Term Debt	4.05M	11.05M	44.82M	101M
Long-Term Leases	-	934K	529K	150K
Deferred Tax Liability Non Current	-	-	2.49M	14.3M
Total Liabilities	5.21M	17.61M	55M	129M
Common Stock, Total	-	-	49.77M	56.5M
Additional Paid In Capital	-	24.4M	-	-
Retained Earnings	-3.15M	-40.1M	20.6M	69.47M
Treasury Stock	-	-1.4M	-	-
Comprehensive Income and Other	-	25.6M	-	-
Total Common Equity	-3.15M	8.5M	70.37M	126M
Total Equity	-3.15M	8.5M	70.37M	126M
Total Liabilities And Equity	2.06M	26.12M	125M	255M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10M	9.72M	10M	11M
ECS Total Common Shares Outstanding	10M	9.72M	10M	11M
Book Value / Share	-0.32	0.87	7.04	11.45
Tangible Book Value	-3.15M	8.5M	69.9M	126M
Tangible Book Value Per Share	-0.32	0.87	6.99	11.42
Total Debt	4.05M	15.69M	50.68M	112M
Net Debt	3.86M	15.59M	50.56M	111M
Equity Method Investments, Total	136K	-	-	-
Account Code - Inventory Valuation	3	3	3	3
Machinery, Total	23.82K	175K	206K	302K
Full Time Employees	10	-	-	-

Fiscal Period: February	2022	2023	2024	2025
Net Income	-3.44M	-36.94M	60.66M	47.94M
Depreciation & Amortization - CF	3.92K	267K	417K	425K
Depreciation & Amortization, Total	3.92K	267K	417K	425K
Amortization of Deferred Charges, Total - (CF)	-	-	23.67K	-
(Gain) Loss From Sale Of Asset	-	-	-	659K
(Gain) Loss on Sale of Investments - (CF)	-149K	-1.55M	-80.19M	-86.22M
Provision for Credit Losses	-	2.09M	-	-88.04K
Stock-Based Compensation (CF)	-	21.55M	1.16M	248K
Other Operating Activities, Total	138K	290K	7.18M	16.02M
Change In Accounts Receivable	-354K	101K	30.51K	-6.26M
Change In Accounts Payable	1.25M	550K	-172K	1.02M
Cash from Operations	-2.55M	-13.64M	-10.89M	-26.25M
Capital Expenditure	-25.99K	-152K	-31.1K	-95.66K
Sale (Purchase) of Intangible assets	-	-	-497K	-410K
Investment in Marketable and Equity Securities, Total	-	-19.75M	-21.67M	-38.87M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-955K	-3.53M	2.31M	-
Other Investing Activities, Total	-	-	-	-506K
Cash from Investing	-981K	-23.43M	-19.89M	-39.88M
Short Term Debt Issued, Total	-	3.41M	6.52M	11.24M
Long-Term Debt Issued, Total	3.43M	10.64M	24.58M	49.07M
Total Debt Issued	3.74M	14.05M	31.1M	60.3M
Short Term Debt Repaid, Total	-	-	-	-5.14M
Long-Term Debt Repaid, Total	-	-168K	-294K	-428K
Total Debt Repaid	-	-168K	-294K	-5.56M
Issuance of Common Stock	-	23M	-	6.5M
Other Financing Activities, Total	-	-10	-	-
Cash from Financing	3.74M	36.88M	30.8M	61.24M
Net Change in Cash	209K	-181K	24.99K	-4.89M
Supplemental Items
Cash Interest Paid	191	89.88K	150K	484K
Cash Income Tax Paid (Refund)	-	-	15.44K	-
Levered Free Cash Flow	-	-3.95M	-4.5M	-15.85M
Unlevered Free Cash Flow	-	-3.9M	-4.41M	-14.77M
Change In Net Working Capital	-	1.36M	-2.19M	1.36M
Net Debt Issued / Repaid	3.74M	13.88M	30.8M	54.74M

Fiscal Period: February	2022	2023	2024	2025
Profitability
Return on Assets	-	-171.78	-10.13	-7.14
Return on Total Capital	-	-192.93	-10.57	-7.57
Return On Equity %	-	-1.38K	153.82	48.84
Return on Common Equity	-	-1.38K	153.82	48.84
Margin Analysis
Gross Profit Margin %	100	100	100	-283.1
SG&A Margin	2.79K	2.07K	1.36K	-
EBITDA Margin %	-2.69K	-1.97K	-1.25K	-282.12
EBITA Margin %	-2.69K	-1.97K	-1.26K	-283.1
EBIT Margin %	-2.69K	-1.97K	-1.26K	-283.1
Income From Continuing Operations Margin %	-2.31K	-1.88K	6.23K	624.82
Net Income Margin %	-2.31K	-1.88K	6.23K	624.82
Net Avail. For Common Margin %	-2.31K	-1.88K	6.23K	624.82
Normalized Net Income Margin	-1.68K	-1.23K	-797.13	-190.26
Levered Free Cash Flow Margin	-	-201.18	-462.67	-206.62
Unlevered Free Cash Flow Margin	-	-198.32	-453.01	-192.53
Asset Turnover
Asset Turnover	-	0.14	0.01	0.04
Fixed Assets Turnover	-	2.97	0.88	10.22
Short Term Liquidity
Current Ratio	0.44	0.45	0.04	0.23
Quick Ratio	0.44	0.04	0.04	0.01
Operating Cash Flow to Current Liabilities	-2.19	-2.42	-1.52	-1.97
Average Days Payable Outstanding	-	-	-	16.4
Long Term Solvency
Total Debt/Equity	-128.39	184.46	72.02	88.52
Total Debt / Total Capital	452.21	64.85	41.87	46.96
LT Debt/Equity	-128.39	140.88	64.44	80.52
Long-Term Debt / Total Capital	452.21	49.53	37.46	42.71
Total Liabilities / Total Assets	253.12	67.44	43.87	50.6
EBIT / Interest Expense	-20.92K	-430.78	-81.62	-12.56
EBITDA / Interest Expense	-20.9K	-427.81	-78.85	-12.31
(EBITDA - Capex) / Interest Expense	-21.04K	-429.49	-79.05	-12.37
Total Debt / EBITDA	-1.01	-0.41	-4.27	-5.24
Net Debt / EBITDA	-0.97	-0.41	-4.26	-5.23
Total Debt / (EBITDA - Capex)	-1.01	-0.41	-4.26	-5.21
Net Debt / (EBITDA - Capex)	-0.96	-0.4	-4.25	-5.21
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-50.46	688.41
Gross Profit, 1 Yr. Growth %	-	-	-50.46	76.9
EBITDA, 1 Yr. Growth %	-	833.94	-68.43	77.27
EBITA, 1 Yr. Growth %	-	833.89	-68.29	76.9
EBIT, 1 Yr. Growth %	-	833.89	-68.29	76.9
Earnings From Cont. Operations, 1 Yr. Growth %	-	973.92	-264.21	-20.97
Net Income, 1 Yr. Growth %	-	973.92	-264.21	-20.97
Normalized Net Income, 1 Yr. Growth %	-	833.24	-67.92	88.18
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-263.39	-25.44
Net Property, Plant and Equip., 1 Yr. Growth %	-	6.33K	-29.67	-35.96
Total Assets, 1 Yr. Growth %	-	1.17K	380.05	103.4
Tangible Book Value, 1 Yr. Growth %	-	-369.7	721.89	78.45
Common Equity, 1 Yr. Growth %	-	-369.7	727.46	79.01
Cash From Operations, 1 Yr. Growth %	-	434.31	-20.16	141.13
Capital Expenditures, 1 Yr. Growth %	-	482.99	-79.47	207.59
Levered Free Cash Flow, 1 Yr. Growth %	-	-	13.94	252.08
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	13.17	235.07
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	97.64
Gross Profit, 2 Yr. CAGR %	-	-	-	232.53
EBITDA, 2 Yr. CAGR %	-	-	71.7	-25.2
EBITA, 2 Yr. CAGR %	-	-	72.1	-25.1
EBIT, 2 Yr. CAGR %	-	-	72.1	-25.1
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	319.94	13.92
Net Income, 2 Yr. CAGR %	-	-	319.94	13.92
Normalized Net Income, 2 Yr. CAGR %	-	-	73.02	-22.3
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	10.37
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	572.47	-32.88
Total Assets, 2 Yr. CAGR %	-	-	680.26	212.48
Tangible Book Value, 2 Yr. CAGR %	-	-	370.81	284.26
Common Equity, 2 Yr. CAGR %	-	-	372.4	284.86
Cash From Operations, 2 Yr. CAGR %	-	-	106.55	38.75
Capital Expenditures, 2 Yr. CAGR %	-	-	9.39	-20.54
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	100.29
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	94.73
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	-	-	-	73.54
EBITA, 3 Yr. CAGR %	-	-	-	73.68
EBIT, 3 Yr. CAGR %	-	-	-	73.68
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	140.65
Net Income, 3 Yr. CAGR %	-	-	-	140.65
Normalized Net Income, 3 Yr. CAGR %	-	-	-	77.93
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	207.09
Total Assets, 3 Yr. CAGR %	-	-	-	398.43
Tangible Book Value, 3 Yr. CAGR %	-	-	-	241.49
Common Equity, 3 Yr. CAGR %	-	-	-	241.85
Cash From Operations, 3 Yr. CAGR %	-	-	-	117.49
Capital Expenditures, 3 Yr. CAGR %	-	-	-	54.4