Bitzero Holdings Inc. (AIBZ) vs Bakkt Holdings, Inc. (BKKT)

Bitzero Holdings Inc. and Bakkt Holdings, Inc. are both Software Infrastructure companies. Bakkt Holdings, Inc. is the larger, with a market value of $187.9M against $151.7M — 1.2× the size. Bakkt Holdings, Inc. has the higher net margin (−2.78% vs −143.6%) and the higher return on invested capital (−31.5% vs −116.0%). Across the 16 metrics below, Bakkt Holdings, Inc. leads on 12 and Bitzero Holdings Inc. on 4.

Valuation

Metric AIBZ BKKT Software Infrastructure median
P/E n/m n/m 24.43
P/S 4.42 0.15 2.81
P/B 20.67 0.48 2.88
Price to free cash flow n/m n/m 17.94
EV/EBITDA n/m n/m 14.51
EV/Sales 4.70 0.13 2.91
Earnings yield (19.17%) (163.72%) 0.00%
Free cash flow yield (16.70%) (50.89%) 0.49%

Profitability

Metric AIBZ BKKT Software Infrastructure median
Gross margin 2.04% 1.30% 57.45%
Operating margin (90.35%) (13.70%) 0.00%
Net margin (143.63%) (2.78%) 0.00%
Free cash flow margin (73.85%) (7.84%) 0.00%
Return on equity (434.52%) (15.04%) 0.00%
Return on assets (109.46%) (10.44%) 0.00%
Return on invested capital (116.03%) (31.48%) 0.00%

Growth

Metric AIBZ BKKT Software Infrastructure median
Revenue growth (TTM) — (69.95%) 14.28%
EPS growth (last fiscal year) (18.84%) (11.29%) 18.26%
Revenue growth, 5-year CAGR — 141.39% 16.15%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric AIBZ BKKT Software Infrastructure median
Debt to equity 1.72 0.00 0.02
Current ratio 0.35 3.14 1.53
Net debt to EBITDA (1.75) 0.19 0.05

Dividend

Metric AIBZ BKKT Software Infrastructure median
Dividend yield — — 1.06%
Payout ratio — — 0.29

Size

Metric AIBZ BKKT Software Infrastructure median
Market cap 151.73m 187.94m 661.51m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack