stockrowBitVentures Limited
BVC Technology Software Application
BitVentures Limited’s revenue for fiscal 2026 (year ended June 2026) was $498,000.00, down 97.7% from fiscal 2024.
Follow BVC
Alert me
BitVentures Limited (BVC) Altman Z-score
BitVentures Limited's Altman Z-score for fiscal 2026 is 185.01, in the safe zone (above 2.99).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 185.01 | 185.87 |
| FY2024 | −0.87 | (7.09) |
| FY2023 | 6.22 | 2.87 |
| FY2022 | 3.35 | (0.01) |
| FY2021 | 3.36 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.80 | — | 0.96 | |
| Retained earnings / total assets | (2.30) | — | −3.21 | |
| EBIT / total assets | (0.16) | — | −0.53 | |
| Market value of equity / total liabilities | 312.92 | — | 187.75 | |
| Sales / total assets | 0.04 | — | 0.04 | |
| Altman Z-score | Safe zone | 185.01 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 48.40 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| BVC BitVentures Limited | 185× |
| TRAK ReposiTrak Inc. compare | 12.6× |
| DUOT Duos Technologies Group, Inc. compare | 5.2× |
| TONX TON Strategy Company compare | 5.0× |
| EGAN eGain Corporation compare | 0.1× |
| AEYE Audioeye, Inc. compare | −0.8× |
| RYDE Ryde Group Ltd. compare | −1.1× |
| HUCK Huckleberry.ai, Inc. compare | −8.6× |
| MRT MARTI TECH INC compare | −9.2× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets