Bitfarms Ltd. (BITF)
NASDAQ: BITF · Real-Time Price · USD
1.730
-0.130 (-6.99%)
At close: Nov 4, 2024, 4:00 PM
1.780
+0.050 (2.89%)
Pre-market: Nov 5, 2024, 9:24 AM EST
Bitfarms Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2017 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2017 |
| Revenue | 172.7 | 146.37 | 142.43 | 169.49 | 34.7 | 32.42 | Upgrade
|
| Revenue Growth (YoY) | 37.27% | 2.76% | -15.97% | 388.40% | 7.04% | -4.09% | Upgrade
|
| Cost of Revenue | 201.77 | 167.87 | 131.91 | 58.37 | 31.83 | 20.98 | Upgrade
|
| Gross Profit | -29.07 | -21.5 | 10.52 | 111.12 | 2.87 | 11.44 | Upgrade
|
| Selling, General & Admin | 47.38 | 39.29 | 51.51 | 43.24 | 8.25 | 9.98 | Upgrade
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| Operating Expenses | 44.38 | 39.29 | 51.51 | 43.24 | 8.25 | 9.98 | Upgrade
|
| Operating Income | -73.44 | -60.79 | -40.99 | 67.88 | -5.38 | 1.46 | Upgrade
|
| Interest Expense | -2.16 | -4.08 | -14.22 | -3.42 | -6.1 | -3.27 | Upgrade
|
| Interest & Investment Income | 3.7 | 1.42 | 0.46 | - | - | - | Upgrade
|
| Currency Exchange Gain (Loss) | -5.86 | -7.84 | -2.95 | -0.65 | -0.24 | -0.21 | Upgrade
|
| Other Non Operating Income (Expenses) | -33.69 | -44.19 | -92.62 | -28.24 | -2.96 | 1.9 | Upgrade
|
| EBT Excluding Unusual Items | -111.45 | -115.49 | -150.32 | 35.58 | -14.68 | -0.12 | Upgrade
|
| Impairment of Goodwill | - | - | -17.9 | - | - | - | Upgrade
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| Gain (Loss) on Sale of Investments | 5.87 | 12.25 | 51.65 | 6.15 | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | -12.2 | -14.03 | -76.49 | 0.85 | -1.44 | -0.31 | Upgrade
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| Asset Writedown | - | - | - | 0.06 | - | -0.06 | Upgrade
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| Other Unusual Items | 6.98 | 12.84 | - | - | - | - | Upgrade
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| Pretax Income | -110.8 | -104.44 | -193.06 | 42.64 | -16.12 | -0.48 | Upgrade
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| Income Tax Expense | -4.56 | -0.4 | -17.41 | 20.51 | 0.17 | -2.59 | Upgrade
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| Earnings From Continuing Operations | -106.25 | -104.04 | -175.64 | 22.13 | -16.29 | 2.11 | Upgrade
|
| Minority Interest in Earnings | - | - | - | - | - | 0.79 | Upgrade
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| Net Income | -106.25 | -104.04 | -175.64 | 22.13 | -16.29 | 2.9 | Upgrade
|
| Net Income to Common | -106.25 | -104.04 | -175.64 | 22.13 | -16.29 | 2.9 | Upgrade
|
| Shares Outstanding (Basic) | 328 | 262 | 208 | 158 | 85 | 67 | Upgrade
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| Shares Outstanding (Diluted) | 328 | 262 | 208 | 169 | 85 | 71 | Upgrade
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| Shares Change (YoY) | 44.16% | 26.21% | 22.66% | 99.48% | 19.50% | 24.85% | Upgrade
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| EPS (Basic) | -0.32 | -0.40 | -0.85 | 0.14 | -0.19 | 0.04 | Upgrade
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| EPS (Diluted) | -0.33 | -0.40 | -0.85 | 0.13 | -0.19 | 0.04 | Upgrade
|
| Free Cash Flow | -149.79 | -50.1 | -158.73 | -236.58 | 2.74 | -17.76 | Upgrade
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| Free Cash Flow Per Share | -0.46 | -0.19 | -0.76 | -1.40 | 0.03 | -0.25 | Upgrade
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| Gross Margin | -16.83% | -14.69% | 7.38% | 65.56% | 8.28% | 35.28% | Upgrade
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| Operating Margin | -42.52% | -41.54% | -28.78% | 40.05% | -15.49% | 4.49% | Upgrade
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| Profit Margin | -61.52% | -71.08% | -123.32% | 13.06% | -46.94% | 8.94% | Upgrade
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| Free Cash Flow Margin | -86.73% | -34.23% | -111.44% | -139.58% | 7.89% | -54.77% | Upgrade
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| EBITDA | 53.19 | 20.77 | 27.36 | 90.69 | 4.78 | 7.03 | Upgrade
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| EBITDA Margin | 30.80% | 14.19% | 19.21% | 53.51% | 13.77% | 21.70% | Upgrade
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| D&A For EBITDA | 126.63 | 81.57 | 68.35 | 22.81 | 10.16 | 5.58 | Upgrade
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| EBIT | -73.44 | -60.79 | -40.99 | 67.88 | -5.38 | 1.46 | Upgrade
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| EBIT Margin | -42.52% | -41.54% | -28.78% | 40.05% | -15.49% | 4.49% | Upgrade
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| Effective Tax Rate | - | - | - | 48.10% | - | - | Upgrade
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| Advertising Expenses | - | 0.49 | 0.33 | 0.17 | 0.04 | 0.11 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.