Bitfarms Ltd. (TSX: BITF)

Market Cap	1.43B
Revenue (ttm)	247.17M
Net Income (ttm)	-170.74M
Shares Out	472.50M
EPS (ttm)	-0.46
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,635,286
Open	3.170
Previous Close	3.110
Day's Range	2.950 - 3.250
52-Week Range	1.370 - 5.250
Beta	3.20
Analysts	n/a
Price Target	n/a
Earnings Date	Nov 7, 2024

About Bitfarms

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms ...

• Industry: Capital Markets
• Sector: Financials
• Founded: 2017
• Employees: 170
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: BITF

Financial Performance

In 2023, Bitfarms's revenue was $146.37 million, an increase of 2.76% compared to the previous year's $142.43 million. Losses were -$104.04 million, -40.77% less than in 2022.

Financial numbers in USD