Bitfarms Statistics

Total Valuation

Bitfarms has a market cap or net worth of CAD 1.43 billion. The enterprise value is 1.37 billion.

Market Cap	1.43B
Enterprise Value	1.37B

Important Dates

The last earnings date was Thursday, November 7, 2024.

Earnings Date	Nov 7, 2024
Ex-Dividend Date	n/a

Share Statistics

Bitfarms has 472.50 million shares outstanding. The number of shares has increased by 52.70% in one year.

Current Share Class	n/a
Shares Outstanding	472.50M
Shares Change (YoY)	+52.70%
Shares Change (QoQ)	+11.83%
Owned by Insiders (%)	0.03%
Owned by Institutions (%)	19.67%
Float	382.23M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	4.55
PB Ratio	1.98
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 27.21, with an EV/FCF ratio of -3.86.

EV / Earnings	-8.00
EV / Sales	5.52
EV / EBITDA	27.21
EV / EBIT	n/a
EV / FCF	-3.86

Financial Position

The company has a current ratio of 3.70, with a Debt / Equity ratio of 0.05.

Current Ratio	3.70
Quick Ratio	1.69
Debt / Equity	0.05
Debt / EBITDA	0.64
Debt / FCF	-0.09
Interest Coverage	-53.52

Financial Efficiency

Return on equity (ROE) is -31.62% and return on invested capital (ROIC) is -14.06%.

Return on Equity (ROE)	-31.62%
Return on Assets (ROA)	-13.00%
Return on Capital (ROIC)	-14.06%
Revenue Per Employee	1.45M
Profits Per Employee	-1.00M
Employee Count	170
Asset Turnover	0.40
Inventory Turnover	225.67

Taxes

Income Tax	-8.74M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +87.04% in the last 52 weeks. The beta is 3.20, so Bitfarms's price volatility has been higher than the market average.

Beta (5Y)	3.20
52-Week Price Change	+87.04%
50-Day Moving Average	2.83
200-Day Moving Average	3.14
Relative Strength Index (RSI)	51.03
Average Volume (20 Days)	5,141,754

Short Selling Information

The latest short interest is 7.39 million, so 1.74% of the outstanding shares have been sold short.

Short Interest	7.39M
Short Previous Month	8.82M
Short % of Shares Out	1.74%
Short % of Float	2.26%
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Bitfarms had revenue of CAD 247.17 million and -170.74 million in losses. Loss per share was -0.46.

Revenue	247.17M
Gross Profit	-43.22M
Operating Income	-129.14M
Pretax Income	-177.44M
Net Income	-170.74M
EBITDA	46.12M
EBIT	-129.14M
Loss Per Share	-0.46

Full Income Statement

Balance Sheet

The company has 98.50 million in cash and 32.36 million in debt, giving a net cash position of 66.14 million or 0.14 per share.

Cash & Cash Equivalents	98.50M
Total Debt	32.36M
Net Cash	66.14M
Net Cash Per Share	0.14
Equity (Book Value)	691.72M
Book Value Per Share	1.53
Working Capital	186.37M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 37.39 million and capital expenditures -390.95 million, giving a free cash flow of -353.56 million.

Operating Cash Flow	37.39M
Capital Expenditures	-390.95M
Free Cash Flow	-353.56M
FCF Per Share	-0.75

Full Cash Flow Statement

Margins

Gross margin is -17.48%, with operating and profit margins of -52.25% and -69.08%.

Gross Margin	-17.48%
Operating Margin	-52.25%
Pretax Margin	-71.79%
Profit Margin	-69.08%
EBITDA Margin	18.66%
EBIT Margin	-52.25%
FCF Margin	-143.04%

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	-52.70%
Shareholder Yield	-52.70%
Earnings Yield	n/a
FCF Yield	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

Scores

Bitfarms has an Altman Z-Score of 5.32 and a Piotroski F-Score of 4.

Altman Z-Score	5.32
Piotroski F-Score	4