Bakkt Holdings, Inc. operates a digital asset platform. The company's platform enables consumers to buy, sell, convert, and spend digital assets. Its customers include merchants, retailers, and financial institutions. Bakkt Holdings, Inc. has a strategic alliance with the Global Payments to collaborate on use cases starting with enabling cryptocurrency redemption in customer loyalty programs offered by bankcard clients, as well as expanding its banking-as-a-service offerings to include consumer access to cryptocurrency. The company was formerly known as VPC Impact Acquisition Holdings and changed its name to Bakkt Holdings, Inc. The company was founded in 2018 and is headquartered in Alpharetta, Georgia. Bakkt Holdings, Inc. is a subsidiary of Intercontinental Exchange Holdings, Inc.
P/S ratio for Bakkt Holdings, Inc. (BKKT)
P/S ratio as of 2023: 0.25
According to Bakkt Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.25. At the end of 2022 the company had a P/S ratio of 1.55.
P/S ratio history for Bakkt Holdings, Inc. from 2019 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.25 |
| 2022 | 1.55 |
| 2021 | 326.29 |
| 2020 | 229.24 |
| 2019 | -185402.72 |