Bitfarms Statistics

Total Valuation

Bitfarms has a market cap or net worth of 1.38 billion. The enterprise value is 1.23 billion.

Market Cap	1.38B
Enterprise Value	1.23B

Important Dates

The next estimated earnings date is Friday, August 30, 2024.

Earnings Date	Aug 30, 2024
Ex-Dividend Date	n/a

Share Statistics

Bitfarms has 409.31 million shares outstanding. The number of shares has increased by 45.67% in one year.

Shares Outstanding	409.31M
Shares Change (YoY)	+45.67%
Shares Change (QoQ)	+12.60%
Owned by Insiders (%)	18.83%
Owned by Institutions (%)	20.21%
Float	330.23M

Valuation Ratios

PE Ratio	n/a
Forward PE	60.98
PS Ratio	6.05
PB Ratio	2.76
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	5.41
EV / EBITDA	30.70
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 3.02, with a Debt / Equity ratio of 0.04.

Current Ratio	3.02
Quick Ratio	2.79
Debt / Equity	0.04
Debt / EBITDA	0.54
Debt / FCF	n/a
Interest Coverage	-11.38

Financial Efficiency

Return on equity (ROE) is -29.27% and return on invested capital (ROIC) is -21.04%.

Return on Equity (ROE)	-29.27%
Return on Assets (ROA)	-25.08%
Return on Capital (ROIC)	-21.04%
Revenue Per Employee	1.34M
Profits Per Employee	-860,110
Employee Count	170
Asset Turnover	0.45
Inventory Turnover	299.65

Taxes

Income Tax	-8.69M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +57.27% in the last 52 weeks. The beta is 3.35, so Bitfarms's price volatility has been higher than the market average.

Beta (5Y)	3.35
52-Week Price Change	+57.27%
50-Day Moving Average	3.07
200-Day Moving Average	2.80
Relative Strength Index (RSI)	48.86
Average Volume (20 Days)	4,495,503

Short Selling Information

The latest short interest is 6.86 million, so 1.68% of the outstanding shares have been sold short.

Short Interest	6.86M
Short Previous Month	8.71M
Short % of Shares Out	1.68%
Short % of Float	2.08%
Short Ratio (days to cover)	1.64

Income Statement

In the last 12 months, Bitfarms had revenue of 227.82 million and -146.22 million in losses. Loss per share was -0.51.

Revenue	227.82M
Gross Profit	-32.58M
Operating Income	-109.72M
Pretax Income	-154.91M
Net Income	-146.22M
EBITDA	40.14M
EBIT	-100.76M
Loss Per Share	-0.51

Full Income Statement

Balance Sheet

The company has 168.85 million in cash and 21.81 million in debt, giving a net cash position of 147.04 million or 0.36 per share.

Cash & Cash Equivalents	168.85M
Total Debt	21.81M
Net Cash	147.04M
Net Cash Per Share	0.36
Equity (Book Value)	499.58M
Book Value Per Share	1.22
Working Capital	125.51M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 55.85 million and capital expenditures -192.96 million, giving a free cash flow of -137.11 million.

Operating Cash Flow	55.85M
Capital Expenditures	-192.96M
Free Cash Flow	-137.11M
FCF Per Share	-0.40

Full Cash Flow Statement

Margins

Gross margin is -14.30%, with operating and profit margins of -48.16% and -64.18%.

Gross Margin	-14.30%
Operating Margin	-48.16%
Pretax Margin	-68.00%
Profit Margin	-64.18%
EBITDA Margin	17.62%
EBIT Margin	-44.23%
FCF Margin	-60.18%

Dividends & Yields

Bitfarms does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-45.67%
Shareholder Yield	-45.67%
Earnings Yield	-10.60%
FCF Yield	-9.94%

Analyst Forecast

Price Target	5.91
Price Target Difference	70.81%
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a