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TrustBTC Valuation Multiples

Discover revenue and EBITDA valuation multiples for TrustBTC and similar public comparables like Atomic Jelly, Megapixel Studio, Drageus Games, The Dust and more.

TrustBTC Overview

About TrustBTC

TrustBTC SA, formerly Immersion Games SA is a producer of VR and PC games created by a virtual and augmented reality studio in the world - Immersion. It is cooperating with companies and institutions such as Google, HBO, Coca-Cola, American Museum of Natural History, Nordic Track, and the Smithsonian Channel.


Founded

2014

HQ

Poland

Employees

40

Financials (FY)

Revenue: $817K
EBITDA: ($392K)

EV

$517K

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TrustBTC Financials

TrustBTC reported last fiscal year revenue of $817K and negative EBITDA of ($392K).

In the same fiscal year, TrustBTC generated $645K in gross profit, ($392K) in EBITDA losses, and had net loss of ($396K).


TrustBTC P&L

In the most recent fiscal year, TrustBTC reported revenue of $817K and EBITDA of ($392K).

TrustBTC is unprofitable as of last fiscal year, with gross margin of 79%, EBITDA margin of (48%), and net margin of (48%).

See analyst estimates for TrustBTC
Last FY20232024202620272028
Revenue$817K$349K$817K
Gross Profit$645K$602K$645K
Gross Margin79%172%79%
EBITDA($392K)($629K)($392K)
EBITDA Margin(48%)(180%)(48%)
EBIT Margin1%6%1%
Net Profit($396K)($644K)($396K)
Net Margin(48%)(185%)(48%)

Financial data powered by Morningstar, Inc.

TrustBTC Stock Performance

TrustBTC has current market cap of $567K, and enterprise value of $517K.

Market Cap Evolution


TrustBTC's stock price is $0.18.

TrustBTC share price decreased by 22.3% in the last 30 days, and by 57.8% in the last year.

TrustBTC has an EPS (earnings per share) of $-0.12.

See more trading valuation data for TrustBTC
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$517K$567K-1.8%-22.3%-36.2%-57.8%$-0.12

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TrustBTC Valuation Multiples

TrustBTC trades at 0.6x EV/Revenue multiple, and (1.3x) EV/EBITDA.

See NTM and 2027E valuation multiples for TrustBTC

TrustBTC Financial Valuation Multiples

As of May 26, 2026, TrustBTC has market cap of $567K and EV of $517K.

TrustBTC has a P/E ratio of (1.4x).

Last FY20232024202620272028
EV/Revenue0.6x1.5x0.6x
EV/EBITDA(1.3x)(0.8x)(1.3x)
EV/EBIT96.4x23.7x96.4x
EV/Gross Profit0.8x0.9x0.8x
P/E(1.4x)(0.9x)(1.4x)
EV/FCF(10.5x)6.5x(10.5x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified TrustBTC Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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TrustBTC Margins & Growth Rates

In the most recent fiscal year, TrustBTC reported gross margin of 79%, EBITDA margin of (48%), and net margin of (48%).

See estimated margins and future growth rates for TrustBTC

TrustBTC Margins

Last FY2024202720282029
Gross Margin79%79%
EBITDA Margin(48%)(48%)
EBIT Margin1%1%
Net Margin(48%)(48%)
FCF Margin(6%)(6%)

TrustBTC Growth Rates

23/2426/2727/2828/29
Revenue Growth134%
Gross Profit Growth7%
EBITDA Growth(38%)
EBIT Growth(75%)
Net Profit Growth(39%)
FCF Growth(162%)

Data powered by FactSet, Inc. and Morningstar, Inc.

TrustBTC Operational KPIs

TrustBTC's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.0M for the same period.

Access forward-looking KPIs for TrustBTC
Last FY20232024202620272028
Revenue per Employee$0.0M
Opex per Employee$0.0M
Opex to Revenue78%166%78%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

TrustBTC Competitors

TrustBTC competitors include Atomic Jelly, Megapixel Studio, Drageus Games, The Dust, G-devs, Iron Wolf Studio, Draw Distance, Neurone Studio, Scout Gaming Group and zSpace.

Most TrustBTC public comparables operate across Gaming - Console & PC and VR & AR.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Atomic Jelly20.0x(12.5x)
Megapixel Studio6.2x(81.3x)
Drageus Games2.6x(9.2x)
The Dust2.5x3.0x
G-devs3.4x(2.0x)
Iron Wolf Studio14.4x(2.0x)
Draw Distance5.6x2.2x
Neurone Studio(26.8x)

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About TrustBTC

When was TrustBTC founded?TrustBTC was founded in 2014.
Where is TrustBTC headquartered?TrustBTC is headquartered in Poland.
How many employees does TrustBTC have?As of today, TrustBTC has over 40 employees.
Is TrustBTC publicly listed?Yes, TrustBTC is a public company listed on Warsaw Stock Exchange.
What is the stock symbol of TrustBTC?TrustBTC trades under IMG ticker.
When did TrustBTC go public?TrustBTC went public in 2021.
Who are competitors of TrustBTC?TrustBTC main competitors include Atomic Jelly, Megapixel Studio, Drageus Games, The Dust, G-devs, Iron Wolf Studio, Draw Distance, Neurone Studio, Scout Gaming Group, zSpace.
What is the current market cap of TrustBTC?TrustBTC's current market cap is $567K.
What is the current revenue of TrustBTC?TrustBTC's last fiscal year revenue is $817K.
What is the current EV/Revenue multiple of TrustBTC?Current revenue multiple of TrustBTC is 0.6x.
Is TrustBTC profitable?No, TrustBTC is not profitable.
How many companies TrustBTC has acquired to date?TrustBTC hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies TrustBTC has invested to date?TrustBTC hasn't invested in any companies yet (or none have been disclosed publicly).

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