Bitfarms Ltd. (TSX:BITF)

Bitfarms Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	38.55	59.54	84.04	30.89	125.6	5.95
Cash & Short-Term Investments	38.55	59.54	84.04	30.89	125.6	5.95
Cash Growth	-41.56%	-29.15%	172.08%	-75.41%	2011.91%	175.45%
Accounts Receivable	2.68	1.26	0.71	0.7	1.04	1.1
Other Receivables	-	7.71	1.49	16.07	2.68	0.3
Receivables	2.68	8.97	2.21	16.77	3.72	1.4
Inventory	4.89	1.18	0.71	0.59	0.55	0.17
Prepaid Expenses	-	-	-	-	-	0.2
Other Current Assets	178.15	144.02	43.03	20.85	157.27	1.45
Total Current Assets	224.26	213.71	129.98	69.09	287.13	9.17
Property, Plant & Equipment	530.89	371.55	200.33	235.79	146.25	41.19
Goodwill	-	-	-	-	16.96	-
Other Intangible Assets	3.58	4.04	3.7	0.03	1.68	0.38
Long-Term Deferred Tax Assets	-	-	-	-	3.9	-
Other Long-Term Assets	18.27	78.32	44.71	38.19	86.68	0.97
Total Assets	777	667.62	378.73	343.1	542.59	51.7
Accounts Payable	44.09	21.92	9.08	12.9	9.87	2.06
Short-Term Debt	-	-	-	-	60	-
Current Portion of Long-Term Debt	0.52	0.15	4.02	43.05	10.26	17.17
Current Portion of Leases	3.32	2.09	2.86	3.65	4.35	3.63
Current Income Taxes Payable	0.07	-	1.11	-	12.09	0.32
Other Current Liabilities	37.04	12.12	52.09	7.81	4.61	5.31
Total Current Liabilities	85.03	36.27	69.15	67.41	101.18	28.48
Long-Term Debt	1.92	1.43	-	4.09	0.91	0.17
Long-Term Leases	19.94	19.75	12.99	14.22	9.23	7.4
Long-Term Deferred Tax Liabilities	0.07	0.07	-	-	8.45	-
Other Long-Term Liabilities	5.35	2.11	1.82	1.98	0.24	0.21
Total Liabilities	112.29	59.62	83.96	87.7	120.01	36.26
Common Stock	942.15	852.29	535.01	404.93	378.89	32
Additional Paid-In Capital	72.19	67.52	56.62	47.65	43.7	5.59
Retained Earnings	-366.89	-334.51	-299.81	-197.19	-0.02	-22.15
Comprehensive Income & Other	17.26	22.7	2.94	-	-	-
Total Common Equity	664.71	608	294.76	255.4	422.58	15.45
Shareholders' Equity	664.71	608	294.76	255.4	422.58	15.45
Total Liabilities & Equity	777	667.62	378.73	343.1	542.59	51.7
Total Debt	25.69	23.42	19.87	65.01	84.74	28.37
Net Cash (Debt)	12.86	36.13	64.17	-34.12	40.85	-22.42
Net Cash Growth	-74.29%	-43.70%	-	-	-	-
Net Cash Per Share	0.03	0.09	0.24	-0.16	0.24	-0.26
Filing Date Shares Outstanding	555.96	553.64	339.27	238.39	201.25	144.62
Total Common Shares Outstanding	553.64	479.33	334.15	224.2	194.81	88.94
Working Capital	139.23	177.44	60.83	1.68	185.95	-19.31
Book Value Per Share	1.20	1.27	0.88	1.14	2.17	0.17
Tangible Book Value	661.13	603.96	291.06	255.37	403.95	15.07
Tangible Book Value Per Share	1.19	1.26	0.87	1.14	2.07	0.17
Land	25.19	34.43	5.74	4.39	4.55	3.26
Machinery	514.26	427.2	356.07	309.29	157.19	53.12
Leasehold Improvements	63.39	59.83	50.73	45.28	5.78	2.71

Updated Dec 9, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.