ORBS · Eightco Holdings Inc.
Eightco Holdings Inc. provides inventory management solutions in North America and Europe. The company provides funding solutions for e-commerce businesses. The company was formerly known as Cryptyde, Inc. and changed its name to Eightco Holdings Inc. in April 2023. Eightco Holdings Inc. was incorporated in 1966 and is headquartered in Easton, Pennsylvania.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $0.66 |
| SO | 388.0M |
| Options | 6.5M |
| Warrants | 13.8M |
| FD SO | 408.3M |
| MC | $267.5M |
| Cash | $7.5M |
| Total debt | — |
| EV | $260.0M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 10.3x |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 24.0% |
| Insiders | 60.4% |
| # Institutions | 140 |
| Analysts | 0 |
| Consensus | — |
| Avg target | — |
| Short % float | 6.1% |
| Days to cover | 1.04 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-15. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
Financial statements
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Total Revenue | 2.07 | 7.56 | 10.19 | 5.30 |
| Revenue YoY % | (72.7%) | (23.7%) | (49.9%) | (12.5%) |
| Cost of Revenue | 1.97 | 7.35 | 11.52 | 5.50 |
| Gross Profit | 0.10 | 0.22 | (1.33) | (0.20) |
| Gross Profit YoY % | (92.0%) | (73.5%) | (179.8%) | (112.2%) |
| Gross Margin % | 4.8% | 2.8% | (13.0%) | (3.7%) |
| SG&A | 6.70 | 10.73 | 13.21 | 6.00 |
| Operating Expense | 11.91 | 10.73 | 47.07 | 6.00 |
| Operating Income | (11.81) | (10.51) | (48.39) | (6.20) |
| Operating Income YoY % | (878.8%) | (642.4%) | (3168.3%) | (252.2%) |
| Operating Margin % | (571.0%) | (139.0%) | (475.0%) | (116.9%) |
| EBITDA | (11.81) | (10.51) | (48.39) | (6.20) |
| EBITDA Margin % | (571.0%) | (139.0%) | (475.0%) | (116.9%) |
| Interest Expense | (0.35) | (0.28) | — | (1.10) |
| Other Income / (Expense) | 29.16 | (65.90) | (184.01) | (20.74) |
| Pretax Income | 17.70 | (76.14) | (232.40) | (25.84) |
| Tax Provision | — | — | 0.05 | 0.00 |
| Net Income | 17.70 | (76.14) | (232.45) | (25.84) |
| Net Margin % | 855.8% | (1006.8%) | (2281.6%) | (487.6%) |
| Diluted EPS | $0.04 | -$0.32 | -$2.39 | -$0.58 |
| Basic EPS | $0.04 | -$0.32 | -$2.39 | -$0.58 |
| Diluted Avg Shares | 398.9 | 240.6 | — | 44.7 |
| Basic Avg Shares | 398.9 | 240.6 | — | 44.7 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 25.12 | 32.98 | 39.62 | 67.57 | 31.82 |
| Revenue YoY % | (23.8%) | (16.8%) | (41.4%) | 112.3% | — |
| Cost of Revenue | 26.33 | 32.45 | 33.64 | 61.31 | 29.63 |
| Gross Profit | (1.21) | 0.53 | 5.98 | 6.26 | 2.19 |
| Gross Profit YoY % | (326.2%) | (91.1%) | (4.4%) | 185.3% | — |
| Gross Margin % | (4.8%) | 1.6% | 15.1% | 9.3% | 6.9% |
| SG&A | 36.64 | 23.89 | 12.76 | 14.81 | 16.40 |
| Operating Expense | 75.71 | 57.75 | 14.17 | 16.94 | 17.70 |
| Operating Income | (76.92) | (57.21) | (8.19) | (10.68) | (15.51) |
| Operating Income YoY % | (34.4%) | (598.4%) | 23.3% | 31.1% | — |
| Operating Margin % | (306.2%) | (173.5%) | (20.7%) | (15.8%) | (48.7%) |
| EBITDA | (76.91) | (57.17) | (8.02) | (10.48) | (15.24) |
| EBITDA Margin % | (306.2%) | (173.4%) | (20.2%) | (15.5%) | (47.9%) |
| Interest Expense | 6.02 | 4.08 | 5.29 | (11.55) | 0.07 |
| Other Income / (Expense) | (233.75) | (200.70) | 14.05 | (69.19) | (32.04) |
| Pretax Income | (316.68) | (261.99) | 0.57 | (68.32) | (47.62) |
| Tax Provision | — | 0.02 | (0.14) | — | (0.17) |
| Net Income | (316.73) | (262.01) | 0.71 | (68.32) | (47.45) |
| Net Income to Common | (316.73) | (262.01) | 0.71 | (68.32) | (47.26) |
| Net Margin % | (1260.9%) | (794.4%) | 1.8% | (101.1%) | (149.1%) |
| Diluted EPS | -$3.25 | -$4.14 | $0.36 | -$23.63 | -$150.95 |
| Basic EPS | -$3.25 | -$4.14 | $0.40 | -$23.63 | -$150.95 |
| Diluted Avg Shares | 398.9 | 63.2 | 2.0 | 2.9 | 0.3 |
| Basic Avg Shares | 398.9 | 63.2 | 1.8 | — | — |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 11.00 | 7.55 | 58.50 | 23.71 |
| Short-term Investments | 50.93 | 32.54 | — | — |
| Receivables | 0.10 | 0.47 | 0.43 | 0.25 |
| Inventory | 0.50 | 7.37 | 7.81 | 5.34 |
| Other Current Assets | 228.92 | 176.63 | 177.93 | 287.23 |
| Total Current Assets | 291.45 | 224.56 | 244.67 | 316.54 |
| Net PPE | — | — | 0.01 | 0.01 |
| Goodwill | — | — | — | 22.32 |
| Intangible Assets | — | — | — | 12.10 |
| Other Assets | 116.04 | 116.08 | 5.52 | 4.55 |
| Total Assets | 407.49 | 340.63 | 250.19 | 355.53 |
| Other Current Liabilities | 13.42 | 18.30 | 17.98 | 16.77 |
| Total Current Liabilities | 13.42 | 18.30 | 17.98 | 16.77 |
| Total Liabilities | 13.42 | 18.30 | 17.98 | 16.77 |
| Retained Earnings | (433.02) | (450.72) | (374.58) | (142.13) |
| Total Equity | 394.07 | 322.33 | 232.22 | 338.75 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 11.00 | 58.50 | 0.24 | 5.25 | 5.58 |
| Short-term Investments | 50.93 | — | — | — | — |
| Receivables | 0.10 | 0.43 | 1.59 | 1.25 | 1.26 |
| Inventory | 0.50 | 7.81 | 7.83 | 5.97 | 4.50 |
| Other Current Assets | 228.92 | 177.93 | 2.80 | 2.29 | 2.74 |
| Total Current Assets | 291.45 | 244.67 | 12.47 | 14.75 | 14.08 |
| Net PPE | — | 0.01 | 0.64 | 0.74 | 1.32 |
| Operating Lease ROU | — | — | — | — | 0.07 |
| Goodwill | — | — | 22.32 | 22.32 | 22.32 |
| Intangible Assets | — | — | 0.00 | 16.11 | 18.58 |
| Other Assets | 116.04 | 5.52 | 15.42 | 1.48 | 2.22 |
| Total Assets | 407.49 | 250.19 | 50.85 | 55.41 | 58.60 |
| Accounts Payable | — | — | — | — | 2.17 |
| Current Lease Liabilities | — | — | — | — | 0.04 |
| Other Current Liabilities | 13.42 | 17.98 | 29.81 | 39.53 | 11.70 |
| Total Current Liabilities | 13.42 | 17.98 | 29.81 | 39.53 | 13.92 |
| Long-term Lease Liabilities | — | — | — | — | 0.03 |
| Other Liabilities | — | — | 9.52 | 20.23 | 38.84 |
| Total Liabilities | 13.42 | 17.98 | 39.33 | 59.76 | 52.79 |
| Retained Earnings | (433.02) | (374.58) | (112.57) | (113.28) | (44.96) |
| Total Equity | 394.07 | 232.22 | 11.52 | (4.35) | 5.81 |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Net Income | 17.70 | (76.14) | (232.45) | (25.84) |
| D&A | 0.00 | 0.01 | (0.00) | 0.00 |
| Stock-Based Comp | 0.36 | 5.14 | 7.96 | 2.16 |
| Δ Working Cap & Other | (23.06) | 66.30 | 214.80 | 22.07 |
| Operating Cash Flow | (5.01) | (4.69) | (9.69) | (1.62) |
| CapEx | — | — | 0.00 | 0.00 |
| Other Investing | (41.50) | (209.01) | (73.87) | (305.26) |
| Investing Cash Flow | (41.50) | (209.01) | (73.87) | (305.26) |
| Stock Issuance | 50.61 | 165.36 | 118.04 | — |
| Other Financing | (0.65) | (2.62) | — | 329.90 |
| Financing Cash Flow | 49.96 | 162.75 | 118.35 | 329.90 |
| Free Cash Flow | — | — | (9.69) | (1.62) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (316.73) | (262.01) | 0.71 | (68.32) | (47.45) |
| D&A | 0.01 | 0.04 | 0.17 | 0.20 | 0.27 |
| Stock-Based Comp | 15.61 | 10.25 | 0.04 | (0.36) | 1.50 |
| Δ Working Cap & Other | 280.10 | 240.74 | (7.56) | 62.08 | 28.95 |
| Operating Cash Flow | (21.01) | (10.97) | (6.64) | (6.40) | (16.72) |
| CapEx | — | (0.00) | (0.00) | — | — |
| Other Investing | (629.64) | (378.73) | — | — | — |
| Investing Cash Flow | (629.64) | (378.73) | (0.07) | (0.30) | 0.47 |
| Debt Issuance | — | — | 3.86 | — | — |
| Stock Issuance | — | 447.89 | 2.99 | 0.01 | 11.53 |
| Stock Buyback | — | — | — | — | (0.05) |
| Other Financing | 660.95 | — | (5.15) | 6.35 | 9.44 |
| Financing Cash Flow | 660.95 | 447.97 | 1.70 | 6.36 | 20.92 |
| Free Cash Flow | — | (10.98) | (6.64) | — | — |
| 6/30/26 | 3/31/26 | 12/31/25 | 9/30/25 | |
|---|---|---|---|---|
| Current Ratio | 21.72 | 12.27 | 13.61 | 18.87 |
| Quick Ratio | 21.68 | 11.87 | 13.18 | 18.55 |
| Debt / Equity | — | — | — | — |
| EBITDA Margin % | (571.0%) | (139.0%) | (475.0%) | (116.9%) |
| Working Capital | 278.04 | 206.25 | 226.70 | 299.77 |
| Net Debt | — | — | — | — |
| ROE % | 4.5% | (23.6%) | (100.1%) | (7.6%) |
| ROA % | 4.3% | (22.4%) | (92.9%) | (7.3%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 21.72 | 13.61 | 0.42 | 0.37 | 1.01 |
| Quick Ratio | 21.68 | 13.18 | 0.16 | 0.22 | 0.69 |
| Debt / Equity | — | — | — | — | — |
| EBITDA Margin % | (306.2%) | (173.4%) | (20.2%) | (15.5%) | (47.9%) |
| Working Capital | 278.04 | 226.70 | (17.35) | (24.78) | 0.16 |
| Net Debt | — | — | — | — | — |
| ROE % | (80.4%) | (112.8%) | 6.2% | 1571.3% | (816.5%) |
| ROA % | (77.7%) | (104.7%) | 1.4% | (123.3%) | (81.0%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-06-15 | O'Donnell Kevin J | Director, Officer (CEO) | 2026-06-11 | P | 200,000 | $0.92 | $183,960 |
| 2026-03-18 | BITMINE IMMERSION TECHNOLOGIES, INC. | 10% Owner | 2026-03-12 | P | 86,956,513 | $0.89 | $77,043,471 |
| 2026-03-17 | Jennings Frank D | Director | 2026-03-12 | A | 50,000 | — | $0 |
| 2026-03-16 | O'Donnell Kevin J | Director, Officer (CEO) | 2026-03-12 | A | 2,250,000 | — | $0 |
| 2026-03-16 | Foreman Louis | Director | 2026-03-12 | A | 50,000 | — | $0 |
| 2026-03-16 | Vroman Brett Earl James | Director, Officer (CFO) | 2026-03-12 | A | 100,000 | — | $0 |
| 2026-03-16 | Lee Thomas Jong | Director | 2026-03-12 | A | 4,000,000 | — | $0 |
| 2026-01-05 | Foreman Louis | Director | 2025-12-29 | A | 55,000 | — | $0 |
| 2026-01-05 | Jennings Frank D | Director | 2025-12-29 | A | 60,000 | — | $0 |
| 2025-12-31 | Vroman Brett Earl James | Officer (Chief Financial Officer) | 2025-12-29 | A | 60,000 | — | $0 |
| 2025-12-31 | O'Donnell Kevin J | Director, Officer (Chief Executive Officer) | 2025-12-29 | A | 475,000 | — | $0 |
| 2025-12-31 | Caiano Nicola Paul | Director | 2025-12-29 | A | 50,000 | — | $0 |
| 2025-09-11 | O'Donnell Kevin J | Director, Officer (CEO) | 2025-09-09 | P | 171,233 | $1.46 | $250,000 |
| 2025-09-11 | O'Donnell Kevin J | Director, Officer (CEO) | 2025-09-09 | A | 400,000 | — | $0 |
| 2025-09-10 | Jennings Frank D | Director | 2025-09-09 | P | 136,986 | $1.46 | $200,000 |
| 2025-09-10 | Caiano Nicola Paul | Director | 2025-09-09 | P | 342,466 | $1.46 | $500,000 |
| 2025-09-10 | Caiano Nicola Paul | Director | 2025-09-08 | A | 2,960 | — | $0 |
| 2025-01-21 | Vassilakos Paul | Director, Officer (CEO and Chairman), 10% Owner | 2025-01-20 | A | 182,412 | — | $0 |