Is Bitcoin Depot Inc. (BTM) Halal?

NASDAQ Financial Services United States $22M
✗ NOT HALAL
Confidence: 95/100
Bitcoin Depot Inc. (BTM) is Not Halal under AAOIFI Standard 21 due to its classification in the Capital Markets industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Capital Markets ✗ NOT HALAL
DJIM Excluded — Capital Markets ✗ NOT HALAL
MSCI Excluded — Capital Markets ✗ NOT HALAL
S&P Excluded — Capital Markets ✗ NOT HALAL
FTSE Excluded — Capital Markets ✗ NOT HALAL

Financial Highlights

EPS
$-0.86
P/B Ratio
0.8
EV/EBITDA
0.4
EV: $21M
Revenue
$574M
Growth: -15.2%
Beta
1.0
Average volatility
Current Ratio
1.3

Profitability

Gross Margin 24.7%
Operating Margin -3.5%
Net Margin -1.0%
Return on Assets (ROA) 24.5%

Cash Flow & Balance Sheet

Operating Cash Flow$23M
Free Cash Flow$12M
Total Debt$64M
Debt-to-Equity572.5
Current Ratio1.3
Total Assets$80M

Price & Trading

Last Close$2.47
50-Day MA$5.66
200-Day MA$19.40
Avg Volume155K
Beta1.0
52-Week Range
$2.00
$48.16

About Bitcoin Depot Inc. (BTM)

CEO
Mr. W. Alexander Holmes
Employees
135
Sector
Financial Services
Industry
Capital Markets
Country
United States
Exchange
NASDAQ
Market Cap
$22M
Currency
USD

Bitcoin Depot Inc. owns and operates a network of bitcoin ATMs in the United States, Canada, Australia, and Hong Kong. Its customers can buy and sell bitcoin through its kiosks in various retail locations, such as convenience stores and gas station chains; pharmacies and grocers; and mall operators. The company also sells cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website. The company was founded in 2016 and is headquartered in Sandy Springs, Georgia.

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Frequently Asked Questions

Is Bitcoin Depot Inc. (BTM) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bitcoin Depot Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Bitcoin Depot Inc.'s debt ratio?

Bitcoin Depot Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Bitcoin Depot Inc.'s key financial metrics?

Bitcoin Depot Inc. has a market capitalization of $22M, and revenue of $574M. The company maintains a gross margin of 24.7% and a net margin of -1.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.