BIT Mining (NYSE:BTCM) versus Auddia (NASDAQ:AUUD) Critical Review

BIT Mining (NYSE:BTCM) and Auddia (NASDAQ:AUUD) are both small-cap business services companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.

Risk and Volatility

BIT Mining has a beta of 2.55, suggesting that its stock price is 155% more volatile than the S&P 500. Comparatively, Auddia has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500.

Insider and Institutional Ownership

5.3% of BIT Mining shares are owned by institutional investors. 19.7% of BIT Mining shares are owned by insiders. Comparatively, 12.5% of Auddia shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares BIT Mining and Auddia’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BIT Mining	-6.16%	-32.20%	-16.69%
Auddia	N/A	-388.77%	-145.34%

Valuation & Earnings

This table compares BIT Mining and Auddia’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
BIT Mining	$43.10 million	0.76	-$28.71 million	($1.31)	-2.25
Auddia	N/A	N/A	-$8.81 million	N/A	N/A

Auddia has lower revenue, but higher earnings than BIT Mining.

Analyst Recommendations

This is a breakdown of current ratings and target prices for BIT Mining and Auddia, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BIT Mining	0	0	0	0	N/A
Auddia	0	1	0	0	2.00

Summary

BIT Mining beats Auddia on 6 of the 8 factors compared between the two stocks.

About BIT Mining

BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates in two segments: Data Center and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines. In addition, it engages in online gaming activities; and provision of technology services. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in 2001 and is based in Akron, Ohio.

About Auddia

Auddia Inc., a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is faidr, which enables consumers to listen to various AM/FM radio station with commercial breaks replaced with personalized audio content, including popular and new music, news, and weather. It also provides Vodacast mobile app, an interactive differentiated podcasting that allows podcasters to give their audiences an interactive audio experience; and Podcast Hub, a content management system. The company was formerly known as Clip Interactive, LLC and changed its name to Auddia Inc. in November 2019. Auddia Inc. was founded in 2012 and is headquartered in Boulder, Colorado.