BitNile Holdings

OverviewSuggest Edit

BitNile Holdings (formerly known as Ault Global Holdings, DPW Holdings, and Digital Power Corporation) is a diversified holding company acquiring undervalued businesses and disruptive technologies. Through its wholly and majority-owned subsidiaries and strategic investments, the company owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including defense and aerospace, industrial, automotive, telecommunications, medical and biopharma, and textiles. In addition, the company extends credit to select entrepreneurial businesses through a licensed lending subsidiary.
TypePublic
Founded1969
HQLas Vegas, NV, US
Websitebitnile.com

Locations

BitNile Holdings is headquartered in
Las Vegas, United States

Location Map

Latest Updates

Employees (est.) (Jan 2022)144(-6%)
Revenue (FY, 2020)$23.9 M(-9%)
Share Price (Jun 2022)$0.3(+4%)
Cybersecurity ratingCMore
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Key People/Management at BitNile Holdings

William B. Horne

William B. Horne

Vice Chairman, CEO
Milton Ault

Milton Ault

Founder, Executive Chairman
Kenneth S. Cragun

Kenneth S. Cragun

CFO
Douglas Gintz

Douglas Gintz

CTO
Jean Ho

Jean Ho

Chief Accounting Officer
David J. Katzoff

David J. Katzoff

Senior VP of Finance
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BitNile Holdings Office Locations

BitNile Holdings has an office in Las Vegas
Las Vegas, NV, US (HQ)
11411 Southern Highlands Pkwy #240
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BitNile Holdings Financials and Metrics

BitNile Holdings Revenue

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View revenue for all periods
BitNile Holdings's revenue was reported to be $23.87 m in FY, 2020 which is a 10% decrease from the previous period.
USD

Revenue (Q3, 2021)

(30.8m)

Gross profit (Q3, 2021)

(36.1m)

Gross profit margin (Q3, 2021), %

117.1%

Net income (Q3, 2021)

(42.8m)

EBIT (Q3, 2021)

(49.9m)

Market capitalization (24-Jun-2022)

22.5m

Closing stock price (24-Jun-2022)

0.3

Cash (30-Sept-2021)

44.0m

EV

(14.1m)
BitNile Holdings's current market capitalization is $22.5 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

27.2m26.5m23.9m

Revenue growth, %

(2%)(10%)

Cost of goods sold

21.8m20.5m16.4m

Gross profit

5.4m6.1m7.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

6.9m6.1m6.4m5.6m5.4m5.7m13.2m62.1m(30.8m)

Cost of goods sold

5.1m4.6m4.6m3.9m3.5m3.7m5.1m6.3m5.3m

Gross profit

1.8m1.6m1.7m1.8m1.9m1.9m8.1m55.9m(36.1m)

Gross profit Margin, %

26%25%27%31%35%34%61%90%117%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

902.3k488.6k18.7m

Accounts Receivable

1.9m2.5m3.9m

Inventories

3.3m2.5m3.4m

Current Assets

12.3m11.1m34.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

1.3m867.5k756.7k626.3k1.7m1.3m107.8m105.4m44.0m

Accounts Receivable

2.8m2.6m2.5m3.0m2.2m3.0m3.5m4.7m5.1m

Inventories

2.9m2.7m2.7m2.4m2.5m2.7m3.5m2.9m3.8m

Current Assets

13.5m10.0m9.8m10.6m11.5m12.2m172.2m151.4m114.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(33.0m)(32.9m)(32.7m)

Depreciation and Amortization

2.9m3.5m727.4k

Inventories

13.1k836.9k183.3k

Accounts Payable

6.9m4.2m(364.2k)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(6.7m)(10.8m)(21.1m)(6.5m)(7.9m)(24.6m)3.1m44.2m1.4m

Depreciation and Amortization

961.4k2.1m3.1m258.2k426.6k609.1k265.8k637.0k1.0m

Inventories

453.8k598.3k619.2k25.6k(34.9k)(198.9k)(117.7k)485.0k(492.0k)

Accounts Payable

3.2m594.5k1.4m894.0k1.4m12.0m(1.7m)(2.7m)(1.1m)
USDFY, 2018

Revenue/Employee

110.8k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.7 x
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BitNile Holdings Operating Metrics

BitNile Holdings's Enterprise Customers was reported to be 220 in FY, 2020.
FY, 2018FY, 2019FY, 2020

Enterprise Customers

220220220

Facility Space Leased (US), sq. ft.

55.49 k55.58 k45.26 k

Facility Space Leased (non-US), sq. ft.

57.9 k57.9 k65.39 k

BitNile Holdings Acquisitions / Subsidiaries

Company NameDateDeal Size
ACSFebruary 01, 2021
The FacilityJanuary 29, 2021
EnerticMay 23, 2018$4.85 m
I.AMMay 23, 2018
Power-PlusSeptember 01, 2017
Ault Alliance, Inc.
Coolisys Technologies Corp.
Coolisys Technologies, Inc.
Digital Farms, Inc.
Digital Power Corporation
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BitNile Holdings Revenue Breakdown

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BitNile Holdings revenue breakdown by business segment: 22.7% from Coolisys, 76.3% from GWW and 1.0% from Other

BitNile Holdings revenue breakdown by geographic segment: 9.8% from Europe, 38.8% from Middle East, 48.0% from North America and 3.4% from Other

BitNile Holdings Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

BitNile Holdings Online and Social Media Presence

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BitNile Holdings Company Culture

  • Compensation

    F

    10/100

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BitNile Holdings Frequently Asked Questions

  • When was BitNile Holdings founded?

    BitNile Holdings was founded in 1969.

  • Who are BitNile Holdings key executives?

    BitNile Holdings's key executives are William B. Horne, Milton Ault and Kenneth S. Cragun.

  • How many employees does BitNile Holdings have?

    BitNile Holdings has 144 employees.

  • What is BitNile Holdings revenue?

    Latest BitNile Holdings annual revenue is $23.9 m.

  • What is BitNile Holdings revenue per employee?

    Latest BitNile Holdings revenue per employee is $165.8 k.

  • Who are BitNile Holdings competitors?

    Competitors of BitNile Holdings include Data Device Corporation, Alpine 4 and MEAN WELL.

  • Where is BitNile Holdings headquarters?

    BitNile Holdings headquarters is located at 11411 Southern Highlands Pkwy #240, Las Vegas.

  • Where are BitNile Holdings offices?

    BitNile Holdings has an office in Las Vegas.

  • How many offices does BitNile Holdings have?

    BitNile Holdings has 1 office.