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COIN

44.28USD-1.29(-2.83%)Delayed

Coinbase Global, Inc.

Market Summary

USD44.28-1.29Delayed
-2.83%

COIN Alerts

COIN Stock Price

RSI Chart

Valuation

Market Cap

15.9B

Price/Earnings

-57.5

Price/Sales

2.75

Price/Cashflow

-30.14

MarketCap/EBT

-23.13

Price/Sales

Profitability

EBT Margin

-11.90%

Return on Equity

-4.76%

Return on Assets

-0.26%

Fundamentals

Revenue

Revenue (TTM)

5.8B

Revenue Y/Y

-63.72%

Revenue Q/Q

-30.7%

Earnings

Earnings (TTM)

-277.0M

Earnings Y/Y

-168.08%

Earnings Q/Q

-154.54%

Price Action

52 Week Range

331.70
(Low)(High)

Last 7 days

-2.2%

Last 30 days

-40.0%

Last 90 days

-33.7%

Trailing 12 Months

-85.8%

Financial Health

Current Ratio

1.06

Debt/Equity

0.58

Debt/Cashflow

-0.16

Investor Care

Shares Dilution (1Y)

7.94%

Diluted EPS (TTM)

-2.03

Financials for Coinbase Global

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue-19.7%5,7857,2057,8395,9264,930
Operating Expenses8.8%6,1705,6704,7633,5452,739
  S&GA Expenses-7.4%691746664443349
  R&D Expenses18.9%1,9961,6781,292922640
Earnings Before Taxes-148.5%-688.611,4213,0272,3692,201
Net Income-111.4%-277.002,4233,6242,9612,636
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets404.7%105,46820,89521,27418,45415,790
  Current Assets503.1%102,16216,94118,37415,87014,238
    Cash Equivalents-7.1%5,6826,1167,1236,3534,366
  Net PPE115.9%14266595652
  Goodwill-0.6%1,0741,080626567501
Liabilities592.1%99,65514,39914,89313,09411,167
  Current Liabilities780.8%96,19410,92211,4199,6159,678
.    Short Term Borrowings-99.7%114920--
  Long Term Debt0.1%3,3893,385---
    LT Debt, Non Current0.1%3,3893,3873,3853,382-
Shareholder's Equity-10.5%5,8136,4966,3825,3604,623
  Retained Earnings-27.9%2,8273,9214,3503,5103,104
  Additional Paid-In Capital16.5%3,0042,5792,0351,8511,517
Accumulated Depreciation-42----
Shares Outstanding1.6%221217210205-
Float-33,500----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-108.1%-528.416,48810,7309,8959,761
  Share Based Compensation18.9%1,2701,068821591343
Cashflow From Investing21.0%-1,405.61-1,778.42-1,124.74-623.46-287.48
Cashflow From Financing-48.6%1,6633,2383,2843,4101,455
  Buy BacksNaN%00
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on COIN?

96.5%


Probability that Coinbase Global stock will be more than 20% underwater in next one year

94.1%


Probability that Coinbase Global stock will be more than 30% underwater in next one year.

52.9%


Probability that Coinbase Global stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does COIN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Coinbase Global was unfortunately bought at previous high price.

Returns

Cumulative Returns on COIN

Which funds bought or sold COIN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Gould Capital, LLC
-
-
5,000
16,000
0.01%
2022-11-23
Toroso Investments, LLC
-
-
5,302,000
19,442,000
0.81%
2022-11-23
Eagle Bay Advisors LLC
-
-
1,332
5,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
-
-
165,000
550,000
0.02%
2022-11-22
IHT Wealth Management, LLC
-
-
223,000
443,000
0.03%
2022-11-21
Parallax Volatility Advisers, L.P.
-
-
-387,000
2,033,000
-%
2022-11-21
FourThought Financial, LLC
-
-
6,000
16,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
4,623,000
14,798,000
0.03%
2022-11-17
M&T Bank Corp
-
-
120,000
329,000
-%
2022-11-17
CENTRAL TRUST Co
REDUCED
-45.76
-16,000
46,000
-%

1–10 of 37

Latest Funds Activity

Are funds buying COIN calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own COIN

Coinbase Global News

Seeking Alpha

'I think crypto is dead'; investing in Coinbase is a `waste of time': Mizuho analyst.5 hours ago

COIN Fair Value

Recent SEC filings of Coinbase Global

View All Filings
Date Filed Form Type Document
Nov 23, 2022
4
Insider Trading
Nov 23, 2022
4
Insider Trading
Nov 23, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading

Latest Insider Trading transactions for COIN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-22
HAAS ALESIA J
SOLD
-4,408,280
42.4448
-103,859
Chief Financial Officer
2022-11-22
HAAS ALESIA J
ACQUIRED
-
-
26,832
Chief Financial Officer
2022-11-22
HAAS ALESIA J
ACQUIRED
2,593,010
18.13
143,023
Chief Financial Officer
2022-11-22
HAAS ALESIA J
SOLD
-539,920
42.35
-12,749
Chief Financial Officer
2022-11-22
Lutke Tobias
BOUGHT
380,049
42.35
8,974
-
2022-11-21
Armstrong Brian
ACQUIRED
-
-
14,866
Chairman and CEO
2022-11-21
Armstrong Brian
SOLD
-624,361
41.9993
-14,866
Chairman and CEO
2022-11-20
Jones Jennifer N.
ACQUIRED
-
-
10,693
Chief Accounting Officer
2022-11-20
Jones Jennifer N.
SOLD FOR TAXES
-240,059
45.26
-5,304
Chief Accounting Officer
2022-11-20
Chatterjee Surojit
SOLD FOR TAXES
-48,111.4
45.26
-1,063
Chief Product Officer

1–10 of 50

Brian Armstrong
3730
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.

COIN Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Revenue$ 590,339$ 1,311,908$ 2,565,100$ 5,340,981
Operating expenses:    
Transaction expense101,876197,251546,889766,743
Technology and development556,338356,2641,736,251831,950
Sales and marketing75,888105,395416,986419,117
General and administrative339,157242,6421,222,904612,068
Restructuring(1,232)041,2210
Other operating expense, net74,796118,548756,185556,857
Total operating expenses1,146,8231,020,1004,720,4363,186,735
Operating (loss) income(556,484)291,808(2,155,336)2,154,246
Interest expense21,5076,97267,3017,720
Other expense, net65,69913,976271,06710,119
(Loss) income before income taxes(643,690)270,860(2,493,704)2,136,407
Benefit from income taxes(99,055)(135,240)(425,756)(647,505)
Net (loss) income(544,635)406,100(2,067,948)2,783,912
Net (loss) income attributable to common stockholders:    
Basic(544,635)402,343(2,067,948)2,241,790
Diluted$ (544,635)$ 405,340$ (2,073,343)$ 2,338,407
Net (loss) income per share attributable to common stockholders:    
Basic (in dollars per share)$ (2.43)$ 1.92$ (9.37)$ 13.58
Diluted (in dollars per share)$ (2.43)$ 1.62$ (9.39)$ 11.19
Weighted-average shares of common stock used to compute net (loss) income per share attributable to common stockholders:    
Basic (in shares)223,916209,604220,816165,045
Diluted (in shares)223,916250,536220,856209,052
Net revenue    
Revenue:    
Revenue$ 576,375$ 1,234,736$ 2,543,869$ 4,864,727
Other revenue    
Revenue:    
Revenue$ 13,964$ 77,172$ 21,231$ 476,254

COIN Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 5,006,584$ 7,123,478
Restricted cash23,11330,951
Customer custodial cash6,591,10510,526,233
Customer crypto assets[1]95,113,1240
USDC368,121100,096
Accounts and loans receivable, net of allowance240,354396,025
Income tax receivable60,52261,231
Prepaid expenses and other current assets277,044135,849
Total current assets107,679,96718,373,863
Crypto assets held623,073988,193
Lease right-of-use assets76,46598,385
Property and equipment, net170,92259,230
Goodwill1,073,906625,758
Intangible assets, net161,669176,689
Other non-current assets1,382,361952,307
Total assets111,168,36321,274,425
Current liabilities:  
Customer custodial cash liabilities6,357,65710,480,612
Customer crypto liabilities[2]95,113,1240
Accounts payable61,51439,833
Accrued expenses and other current liabilities298,101439,559
Crypto asset borrowings209,678426,665
Lease liabilities, current33,02532,366
Total current liabilities102,073,09911,419,035
Lease liabilities, non-current50,16774,078
Long-term debt3,391,2373,384,795
Other non-current liabilities27,54514,828
Total liabilities105,542,04814,892,736
Commitments and contingencies (Note 18)
Stockholders’ equity:  
Additional paid-in capital3,380,3302,034,658
Accumulated other comprehensive loss(36,493)(3,395)
Retained earnings2,282,4764,350,424
Total stockholders’ equity5,626,3156,381,689
Total liabilities, convertible preferred stock and stockholders’ equity111,168,36321,274,425
Class A common stock  
Stockholders’ equity:  
Common stock22
Class B common stock  
Stockholders’ equity:  
Common stock$ 0$ 0
[1]Safeguarding assets
[2]Safeguarding liabilities