Critical Contrast: Bakkt (NYSE:BKKT) versus Prestige Wealth (NASDAQ:PWM)

Insider and Institutional Ownership

7.7% of Prestige Wealth shares are owned by institutional investors. Comparatively, 11.1% of Bakkt shares are owned by institutional investors. 1.8% of Bakkt shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Prestige Wealth and Bakkt’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Prestige Wealth	N/A	N/A	N/A
Bakkt	-2.84%	-62.65%	-5.94%

Valuation and Earnings

This table compares Prestige Wealth and Bakkt”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Prestige Wealth	$639,912.00	4.86	-$6.88 million	N/A	N/A
Bakkt	$3.49 billion	0.03	-$74.85 million	($7.93)	-1.07

Prestige Wealth has higher earnings, but lower revenue than Bakkt.

Risk and Volatility

Prestige Wealth has a beta of 3.12, suggesting that its stock price is 212% more volatile than the S&P 500. Comparatively, Bakkt has a beta of 5.43, suggesting that its stock price is 443% more volatile than the S&P 500.

Summary

Prestige Wealth beats Bakkt on 5 of the 9 factors compared between the two stocks.

About Prestige Wealth

Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services. It assists its clients in identifying and purchasing wealth and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals in Asia primarily in the mainland China or Hong Kong. The company was incorporated in 2018 and is based in Central, Hong Kong. Prestige Wealth Inc. is a subsidiary of Prestige Financial Holdings Group Limited.

About Bakkt

Bakkt Holdings, Inc. offers software as a service and application programming interface solutions for crypto and loyalty, powering engagement, and performance. The company operates Bakkt Marketplace, a platform that enables consumers to buy, sell, and store crypto in an embedded web experience; Bakkt Crypto, a platform that supports clients with a range of crypto solutions; and Bakkt Trust, institutional-grade qualified custody solution for market participants. Its platform also offers a range of loyalty solutions, including redemption solutions for various rewards categories comprising travel, gift cards, and merchandise; travel solutions that offer a retail e-commerce booking platform, as well as live-agent booking and servicing; and unified shopping experience. The company was founded in 2018 and is headquartered in Alpharetta, Georgia.