COMP <GO>
RWAY vs BTBT // EV/EBITDA & P/E VALUATION
Runway Growth Finance Corp. (NASDAQ) VS. Bit Digital Inc. (NASDAQ) • 15-METRIC TALLY: RWAY 3
— BTBT 2
■ METRIC PARITY
LAST: $6.52 (-1.21%) • MKT CAP: $273.3M
valuation
—
LAST: $0.80 (-14.27%) • MKT CAP: $288.5M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RWAY VS. BTBT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | RWAY | BTBT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 7.00% | -12.00% | +19.00 | RWAY | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | — | — | TIE | /fcf-yield <GO> |
| Operating Margin | — | -60.00% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | -60.00% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 5.10% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.24% | -0.24 | BTBT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 2/9 | +2.00 | RWAY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.1 | 32.5 | +19.60 | RWAY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 7.5x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $273.3M | $288.5M | -$15.3M | BTBT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | RWAY REV | BTBT REV | RWAY GROSS % | BTBT GROSS % | RWAY FCF | BTBT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $403.2M | $113.6M | — | — | $186.3M | -$574.9M |
| FY 2024 | $458.4M | $108.1M | — | — | $69.8M | -$107.0M |
| FY 2023 | $427.3M | $44.9M | — | — | $112.4M | $1.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
RWAY // BETA —
BTBT // BETA —