ABITS GROUP INC: 20-F filed 2025-04-30

Name: ABITS GROUP INC: 20-F filed 2025-04-30
Creator: ABITS GROUP INC

What ABITS GROUP INC reported in its annual report (foreign private issuer) filed 2025-04-30 (fiscal FY 2024): 32 published measures, 89 facts as tagged in accession 0001641172-25-007826.

This filing

Form: 20-F (annual report (foreign private issuer))
Filed: 2025-04-30
Fiscal period: fiscal FY 2024
Accession: 0001641172-25-007826 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All ABITS GROUP INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit
At 2024-12-31	11,371,297	USD
At 2023-12-31	12,318,268	USD
At 2022-12-31	24,531,417	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit
At 2024-12-31	990,346	USD
At 2023-12-31	1,005,608	USD
At 2022-12-31	613,455	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2024-12-31	10,380,951	USD
At 2023-12-31	11,312,660	USD
At 2022-12-31	23,917,962	USD
At 2021-12-31	6,567,016	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2024-12-31	1,118,929	USD
At 2023-12-31	884,199	USD
At 2022-12-31	2,505,286	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-909,660	USD	366
2023-01-01 to 2023-12-31	-12,585,250	USD	365
2022-01-01 to 2022-12-31	-21,520,114	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	1,917,048	USD	366
2023-01-01 to 2023-12-31	1,755,913	USD	365
2022-01-01 to 2022-12-31	-7,315,421	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	2,596,673	USD	366
2023-01-01 to 2023-12-31	9,250,538	USD	365
2022-01-01 to 2022-12-31	30,707,108	USD	365

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	6,711,225	USD	366
2023-01-01 to 2023-12-31	1,681,533	USD	365
2022-01-01 to 2022-12-31	164,428	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	40,000,000	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-1,660,269	USD	366
2023-01-01 to 2023-12-31	-3,356,947	USD	365
2022-01-01 to 2022-12-31	-32,706,980	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit
At 2024-12-31	-78,803,383	USD
At 2023-12-31	-77,893,723	USD
At 2022-12-31	-65,308,474	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	2,370,139	shares	366
2023-01-01 to 2023-12-31	2,370,139	shares	365
2022-01-01 to 2022-12-31	2,370,139	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	2,370,139	shares	366
2023-01-01 to 2023-12-31	2,370,139	shares	365
2022-01-01 to 2022-12-31	2,370,139	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-0.39	USD/shares	366
2023-01-01 to 2023-12-31	-5.32	USD/shares	365
2022-01-01 to 2022-12-31	-9.56	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-0.39	USD/shares	366
2023-01-01 to 2023-12-31	-5.32	USD/shares	365
2022-01-01 to 2022-12-31	-9.56	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	111,367	USD	366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit
At 2024-12-31	9,435,908	USD
At 2023-12-31	9,465,567	USD
At 2022-12-31	12,553,408	USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	3,375,406	USD	366
2023-01-01 to 2023-12-31	1,226,065	USD	365
2022-01-01 to 2022-12-31	-197,062	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit
At 2024-12-31	1,677,636	USD
At 2023-12-31	1,658,544	USD
At 2022-12-31	4,890,262	USD

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	3,335,819	USD	366
2023-01-01 to 2023-12-31	455,468	USD	365
2022-01-01 to 2022-12-31	361,490	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit
At 2024-12-31	2,370,139	shares
At 2023-12-31	2,370,139	shares
At 2022-12-31	2,370,139	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit
At 2024-12-31	89,290,193	USD
At 2023-12-31	89,290,193	USD
At 2022-12-31	89,290,193	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit
At 2024-12-31	-146,463	USD
At 2023-12-31	-124,414	USD
At 2022-12-31	-104,361	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit
At 2024-12-31	23,301,080	USD
At 2023-12-31	20,703,996	USD
At 2022-12-31	18,818,108	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit
At 2024-12-31	13,865,172	USD
At 2023-12-31	11,239,664	USD
At 2022-12-31	6,264,700	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-798,293	USD	366
2023-01-01 to 2023-12-31	-12,585,250	USD	365
2022-01-01 to 2022-12-31	-21,520,114	USD	365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-931,709	USD	366
2023-01-01 to 2023-12-31	-12,605,303	USD	365
2022-01-01 to 2022-12-31	-22,649,054	USD	365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	2,085,518	USD	366
2023-01-01 to 2023-12-31	1,469,403	USD	365
2022-01-01 to 2022-12-31	2,499,608	USD	365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	2,626,332	USD	366
2023-01-01 to 2023-12-31	436,451	USD	365
2022-01-01 to 2022-12-31	6,264,700	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	55,306	USD	366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	0	USD	366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-15,262	USD	366
2023-01-01 to 2023-12-31	-397,513	USD	365
2022-01-01 to 2022-12-31	-585,482	USD	365

Inspect the source

Entity: ABITS GROUP INC / CIK 0001864055
Captured: 2026-09-21T17:33:37.821Z
SEC response SHA-256: 7fe984bfc93d4f96ee8f4b7b1d431937880ab8b4ba46b50794a325e11d216662

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001864055.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))