Head-To-Head Survey: Amplitude (NASDAQ:AMPL) versus BIT Mining (NYSE:BTCM)

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

Insider and Institutional Ownership

73.2% of Amplitude shares are held by institutional investors. Comparatively, 5.3% of BIT Mining shares are held by institutional investors. 4.8% of Amplitude shares are held by insiders. Comparatively, 19.7% of BIT Mining shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility & Risk

Amplitude has a beta of 1.54, indicating that its stock price is 54% more volatile than the S&P 500. Comparatively, BIT Mining has a beta of 3.13, indicating that its stock price is 213% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations for Amplitude and BIT Mining, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Amplitude	0	4	7	1	2.75
BIT Mining	0	1	0	0	2.00

Amplitude currently has a consensus target price of $13.50, suggesting a potential upside of 7.06%. Given Amplitude’s stronger consensus rating and higher possible upside, equities analysts clearly believe Amplitude is more favorable than BIT Mining.

Earnings & Valuation

This table compares Amplitude and BIT Mining”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Amplitude	$299.27 million	4.16	-$94.32 million	($0.76)	-16.59
BIT Mining	$32.92 million	1.68	$12.07 million	($1.31)	-2.80

BIT Mining has lower revenue, but higher earnings than Amplitude. Amplitude is trading at a lower price-to-earnings ratio than BIT Mining, indicating that it is currently the more affordable of the two stocks.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Amplitude	-31.01%	-32.50%	-21.21%
BIT Mining	N/A	N/A	N/A

Summary

Amplitude beats BIT Mining on 8 of the 15 factors compared between the two stocks.

About Amplitude

Amplitude, Inc., together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes. The company also provides customer support services related to initial implementation setup, ongoing support, and application training. It delivers its application over the Internet as a subscription service using a software-as-a-service model. The company was formerly known as Sonalight, Inc. and changed its name to Amplitude, Inc. in December 2014. Amplitude, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

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.