Bitcoin Depot Company Overview
Bitcoin Depot at a Glance
Leading BTM (1) operator providing a simple and convenient process to convert cash into cryptocurrency
$1.4B
2.5M
25k
~7k
173%
$35M
Total Transacted
Volume (2)
Total Transactions
Completed (2)
Monthly Active Users (3)
Installed Kiosks
in North America
Same-Kiosk Sales (4)
LTM Adjusted
EBITDA (5)
Profitable Growth
Significant BTM Operator by Market Share (6)
47
U.S. States
I+I
10
Canadian Provinces
8%
20%
Note: Metrics are as of September 30, 2022, unless noted otherwise.
(1) Bitcoin ATM.
(2) Since inception of Bitcoin Depot in 2016.
(3) Total number of users that transacted in September 2022.
BITCOIN DEPOT
$649m
+36% YoY
LTM
Revenue
52%
Margin
LTM
Adj. EBITDA as % of
Adj. Gross Profit (5)(7)
(4) Same-Kiosk Sales represent year-over-year growth rate of transacted volume from kiosks deployed over 12 months.
(5) As of September 30, 2022. Adjusted EBITDA is a non-GAAP measure. Please see appendix.
(6) Source: Coinatmradar.com as of January 1, 2023. https://coinatmradar.com/charts/top-operators/united-states/ and
https://coinatmradar.com/charts/top-operators/canada/
(7) Adjusted Gross Profit is a non-GAAP measure. Please see appendix.
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