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COIN - Coinbase Global, Inc.

NASDAQ -> Technology -> Software—Application
Wilmington, United States
Type: Equity

COIN price evolution
COIN
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $5162.34 $5127.12 $5187.43 $5045.12
Short term investments $576.03 $400.8 $124559.1 $124660.74
Net receivables $361.71 $397.47 $427.21 $480.4
Inventory
Total current assets $203466.53 $123919.22 $134261.97 $135843.95
Long term investments $449.93 $455.99 $485.35 $514.5
Property, plant & equipment $205.29 $217.69 $204.26 $211.71
Goodwill & intangible assets $1226.09 $1234.61 $1247.8 $1269.36
Total noncurrent assets $3516.42 $3386.37 $3388.6 $3457.91
Total investments $1025.95 $856.78 $125044.44 $125175.24
Total assets $206982.95 $127305.6 $137650.58 $139301.86
Current liabilities
Accounts payable $39.29 $36.74 $27.98 $23.69
Deferred revenue
Short long term debt $73.88 $121.27 $156.85 $180.6
Total current liabilities $197714.13 $118298.79 $128538.75 $130202.82
Long term debt $2983.78 $3082.29 $3342.87 $3406.9
Total noncurrent liabilities $2987.17 $3085.68 $3357.12 $3424.09
Total debt $3057.66 $3203.56 $3499.72 $3587.5
Total liabilities $200701.3 $121384.47 $131895.87 $133626.91
Shareholders' equity
Retained earnings $1820.35 $1546.91 $1549.17 $1646.58
Other shareholder equity -$30.27 -$44.11 -$33.79 -$28.41
Total shareholder equity $6281.65 $5921.13 $5754.7 $5674.95
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $5162.34 $4450.89 $7154.43 $1092.64
Short term investments $576.03 $76274.34 $100.1 $48.94
Net receivables $361.71 $5505.94 $396.02 $189.47
Inventory
Total current assets $203466.53 $86448.21 $18373.86 $5133.95
Long term investments $449.93 $424.39 $988.19 $316.09
Property, plant & equipment $205.29 $241.21 $157.62 $150.09
Goodwill & intangible assets $1226.09 $1209.34 $802.45 $138.04
Total noncurrent assets $3516.42 $3276.66 $2900.56 $721.47
Total investments $1025.95 $76698.73 $1088.29 $365.03
Total assets $206982.95 $89724.87 $21274.42 $5855.41
Current liabilities
Accounts payable $39.29 $82.92 $39.83 $85.11
Deferred revenue
Short long term debt $73.88 $185.24 $459.03 $296.57
Total current liabilities $197714.13 $80815.29 $11419.03 $4246.85
Long term debt $2983.78 $3393.45 $3458.87 $82.51
Total noncurrent liabilities $2987.17 $3455.02 $3473.7 $82.51
Total debt $3057.66 $3620.73 $3917.9 $379.08
Total liabilities $200701.3 $84270.32 $14892.74 $4329.36
Shareholders' equity
Retained earnings $1820.35 $1725.47 $4350.42 $726.3
Other shareholder equity -$30.27 -$38.61 -$3.4 $6.26
Total shareholder equity $6281.65 $5454.56 $6381.69 $963.58
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $953.79 $674.15 $707.91 $772.53
Cost of revenue
Gross Profit $953.79 $674.15 $707.91 $772.53
Operating activities
Research & development $323.09 $322.76 $320.67 $358.03
Selling, general & administrative $387.23 $330.81 $342.84 $312.74
Total operating expenses $838.18 $753.97 $781.49 $896.4
Operating income $115.61 -$79.83 -$73.58 -$123.88
Income from continuing operations
EBIT $151.47 $55.48 -$57.01 -$144.14
Income tax expense -$140.58 $36.93 $18.72 -$86.78
Interest expense $18.74 $20.82 $21.67 $21.54
Net income
Net income $273.32 -$2.27 -$97.41 -$78.9
Income (for common shares) $273.32 -$2.27 -$97.41 -$78.9
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $3108.38 $3194.21 $7839.44 $1277.48
Cost of revenue
Gross Profit $3108.38 $3194.21 $7839.44 $1277.48
Operating activities
Research & development $1324.54 $2326.35 $1291.56 $271.73
Selling, general & administrative $1373.62 $2110.68 $1573.08 $336.66
Total operating expenses $3270.05 $5904.42 $4762.87 $868.53
Operating income -$161.66 -$2710.21 $3076.57 $408.95
Income from continuing operations
EBIT $5.8 -$2975.68 $2499.78 $195.14
Income tax expense -$171.72 -$439.63 -$597.17 $86.88
Interest expense $82.77 $88.9
Net income
Net income $94.75 -$2624.95 $3096.96 $108.26
Income (for common shares) $94.75 -$2624.95 $3096.96 $108.26
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $273.32 -$2.27 -$97.41 -$78.9
Operating activities
Depreciation $32.64 $35.06 $58.94 $53.42
Business acquisitions & disposals -$30.73
Stock-based compensation $163.88 $218.15 $199.77 $282.9
Total cash flows from operations -$5.19 $313.94 $151.12 $463.08
Investing activities
Capital expenditures -$11.31 -$21.03 -$15.63 -$15.23
Investments $95.99 -$47.48 $28.44 $22.19
Total cash flows from investing $90.51 -$72.36 $13.33 -$26.08
Financing activities
Dividends paid
Sale and purchase of stock $22.33 $16.27 $12.2 $13.44
Net borrowings -$80.87 -$222.66 -$20.48
Total cash flows from financing $922.8 -$591.87 -$1602.39 $460.13
Effect of exchange rate $36.13 -$22.98 -$15.75 $11.38
Change in cash and equivalents $1008.12 -$350.29 -$1437.94 $897.13
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $94.75 -$2624.95 $3096.96 $108.26
Operating activities
Depreciation $180.07 $185.19 $98.19 $55.97
Business acquisitions & disposals -$30.73 -$186.15 -$70.91 $33.62
Stock-based compensation $864.71 $1565.82 $820.68 $70.55
Total cash flows from operations $922.95 -$1585.42 $10730.03 $3004.07
Investing activities
Capital expenditures -$63.2 -$63.89 -$24.95 -$18.8
Investments $99.14 -$372.15 -$968.08 $36.01
Total cash flows from investing $5.39 -$663.82 -$1124.74 $50.82
Financing activities
Dividends paid
Sale and purchase of stock $64.24 $72.34 $237.39 $18.8
Net borrowings -$324.01 -$0.12 $3399.76
Total cash flows from financing -$811.33 -$5838.52 $3284.22 $18.8
Effect of exchange rate $8.77 -$163.26 -$64.88 -$2.08
Change in cash and equivalents $117.01 -$8087.76 $12889.52 $3073.69
Fundamentals
Market cap $64.17B
Enterprise value $62.07B
Shares outstanding 242.05M
Revenue $3.11B
EBITDA $185.87M
EBIT $5.80M
Net Income $94.75M
Revenue Q/Q 51.61%
Revenue Y/Y -2.69%
P/E ratio 677.26
EV/Sales 19.97
EV/EBITDA 333.92
EV/EBIT 10.70K
P/S ratio 20.64
P/B ratio 10.17
Book/Share 26.08
Cash/Share 21.33
EPS $0.39
ROA 0.06%
ROE 1.60%
Debt/Equity 31.95
Net debt/EBITDA 1.05K
Current ratio 1.03
Quick ratio 1.03