Bitfarms Ltd. (TSX:BITF)
Canada
· Delayed Price · Currency is CAD 1.225
-0.075 (-5.77%)
May 30, 2025, 12:58 PM EDT
Bitfarms Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2017 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2017 - 2019 |
| Revenue | 209.41 | 192.88 | 146.37 | 142.43 | 169.49 | 34.7 | Upgrade
|
| Revenue Growth (YoY) | 25.67% | 31.78% | 2.77% | -15.97% | 388.40% | 7.04% | Upgrade
|
| Cost of Revenue | 231.63 | 225.24 | 167.87 | 131.91 | 58.37 | 31.83 | Upgrade
|
| Gross Profit | -22.22 | -32.36 | -21.5 | 10.52 | 111.12 | 2.87 | Upgrade
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| Selling, General & Admin | 78.22 | 71.24 | 39.29 | 51.51 | 43.24 | 8.25 | Upgrade
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| Operating Expenses | 78.22 | 71.24 | 42.29 | 51.51 | 43.24 | 8.25 | Upgrade
|
| Operating Income | -100.44 | -103.6 | -63.79 | -40.99 | 67.88 | -5.38 | Upgrade
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| Interest Expense | -2.01 | -1.74 | -4.08 | -14.22 | -3.42 | -6.1 | Upgrade
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| Interest & Investment Income | 6.31 | 6.04 | 1.42 | 0.46 | - | - | Upgrade
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| Currency Exchange Gain (Loss) | -1.58 | -1.48 | -7.84 | -2.95 | -0.65 | -0.24 | Upgrade
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| Other Non Operating Income (Expenses) | 24.79 | 34.08 | -49.08 | -92.62 | -28.24 | -2.96 | Upgrade
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| EBT Excluding Unusual Items | -72.93 | -66.7 | -123.37 | -150.32 | 35.58 | -14.68 | Upgrade
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| Impairment of Goodwill | - | - | - | -17.9 | - | - | Upgrade
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| Gain (Loss) on Sale of Investments | 2.37 | 2.31 | 12.25 | 51.65 | 6.15 | - | Upgrade
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| Gain (Loss) on Sale of Assets | 1.45 | -3.96 | -2.17 | -1.28 | 0.85 | -1.44 | Upgrade
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| Asset Writedown | -17.23 | - | -1.88 | -75.21 | 0.06 | - | Upgrade
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| Other Unusual Items | - | - | 5.85 | - | - | - | Upgrade
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| Pretax Income | -86.34 | -68.35 | -109.32 | -193.06 | 42.64 | -16.12 | Upgrade
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| Income Tax Expense | -2.38 | -14.29 | -0.4 | -17.41 | 20.51 | 0.17 | Upgrade
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| Earnings From Continuing Operations | -83.96 | -54.06 | -108.92 | -175.64 | 22.13 | -16.29 | Upgrade
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| Net Income | -83.96 | -54.06 | -108.92 | -175.64 | 22.13 | -16.29 | Upgrade
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| Net Income to Common | -83.96 | -54.06 | -108.92 | -175.64 | 22.13 | -16.29 | Upgrade
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| Shares Outstanding (Basic) | 455 | 415 | 262 | 208 | 158 | 85 | Upgrade
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| Shares Outstanding (Diluted) | 455 | 415 | 262 | 208 | 169 | 85 | Upgrade
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| Shares Change (YoY) | 57.56% | 58.13% | 26.21% | 22.66% | 99.48% | 19.50% | Upgrade
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| EPS (Basic) | -0.18 | -0.13 | -0.42 | -0.85 | 0.14 | -0.19 | Upgrade
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| EPS (Diluted) | -0.18 | -0.13 | -0.42 | -0.85 | 0.13 | -0.19 | Upgrade
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| Free Cash Flow | -437.59 | -480.42 | -179.41 | -317.4 | -236.58 | 2.74 | Upgrade
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| Free Cash Flow Per Share | -0.96 | -1.16 | -0.68 | -1.53 | -1.40 | 0.03 | Upgrade
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| Gross Margin | -10.61% | -16.78% | -14.69% | 7.38% | 65.56% | 8.28% | Upgrade
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| Operating Margin | -47.96% | -53.71% | -43.59% | -28.78% | 40.05% | -15.49% | Upgrade
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| Profit Margin | -40.09% | -28.03% | -74.42% | -123.32% | 13.06% | -46.94% | Upgrade
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| Free Cash Flow Margin | -208.96% | -249.07% | -122.58% | -222.85% | -139.58% | 7.89% | Upgrade
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| EBITDA | 28.11 | 34.23 | 20.77 | 27.36 | 90.69 | 4.78 | Upgrade
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| EBITDA Margin | 13.42% | 17.75% | 14.19% | 19.21% | 53.51% | 13.77% | Upgrade
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| D&A For EBITDA | 128.55 | 137.83 | 84.57 | 68.35 | 22.81 | 10.16 | Upgrade
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| EBIT | -100.44 | -103.6 | -63.79 | -40.99 | 67.88 | -5.38 | Upgrade
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| EBIT Margin | -47.96% | -53.71% | -43.59% | -28.78% | 40.05% | -15.49% | Upgrade
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| Effective Tax Rate | - | - | - | - | 48.10% | - | Upgrade
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| Advertising Expenses | - | 0.72 | 0.49 | 0.33 | 0.17 | 0.04 | Upgrade
|
Updated Dec 9, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.