Bitfarms Ltd. (BITF)
NASDAQ: BITF · Real-Time Price · USD
0.8427
-0.1104 (-11.58%)
At close: Mar 28, 2025, 4:00 PM
0.8398
-0.0029 (-0.34%)
After-hours: Mar 28, 2025, 7:59 PM EDT

Bitfarms Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2017
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2017
Revenue
192.88146.37142.43169.4934.7
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Revenue Growth (YoY)
31.78%2.77%-15.97%388.40%7.04%
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Cost of Revenue
225.24167.87131.9158.3731.83
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Gross Profit
-32.36-21.510.52111.122.87
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Selling, General & Admin
71.2439.2951.5143.248.25
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Operating Expenses
71.2439.2951.5143.248.25
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Operating Income
-103.6-60.79-40.9967.88-5.38
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Interest Expense
--4.08-14.22-3.42-6.1
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Interest & Investment Income
-1.420.46--
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Currency Exchange Gain (Loss)
--7.84-2.95-0.65-0.24
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Other Non Operating Income (Expenses)
39.21-56.06-92.62-28.24-2.96
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EBT Excluding Unusual Items
-64.39-127.36-150.3235.58-14.68
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Impairment of Goodwill
---17.9--
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Gain (Loss) on Sale of Investments
-12.2551.656.15-
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Gain (Loss) on Sale of Assets
-0.34-1.78-1.280.85-1.44
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Asset Writedown
-3.63-5.27-75.210.06-
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Other Unusual Items
-12.84---
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Pretax Income
-68.35-109.32-193.0642.64-16.12
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Income Tax Expense
-14.29-0.4-17.4120.510.17
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Earnings From Continuing Operations
-54.06-108.92-175.6422.13-16.29
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Net Income
-54.06-108.92-175.6422.13-16.29
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Net Income to Common
-54.06-108.92-175.6422.13-16.29
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Shares Outstanding (Basic)
41526220815885
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Shares Outstanding (Diluted)
41526220816985
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Shares Change (YoY)
58.13%26.21%22.66%99.48%19.50%
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EPS (Basic)
-0.13-0.42-0.850.14-0.19
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EPS (Diluted)
-0.13-0.42-0.850.13-0.19
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Free Cash Flow
-480.42-179.41-317.4-236.582.74
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Free Cash Flow Per Share
-1.16-0.68-1.53-1.400.03
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Gross Margin
-16.78%-14.69%7.38%65.56%8.28%
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Operating Margin
-53.71%-41.54%-28.78%40.05%-15.49%
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Profit Margin
-28.03%-74.42%-123.32%13.06%-46.94%
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Free Cash Flow Margin
-249.07%-122.58%-222.85%-139.58%7.89%
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EBITDA
37.3720.7727.3690.694.78
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EBITDA Margin
19.37%14.19%19.21%53.51%13.77%
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D&A For EBITDA
140.9781.5768.3522.8110.16
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EBIT
-103.6-60.79-40.9967.88-5.38
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EBIT Margin
-53.71%-41.54%-28.78%40.05%-15.49%
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Effective Tax Rate
---48.10%-
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Advertising Expenses
-0.490.330.170.04
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Updated Mar 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q