Bitfarms Ltd. (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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	86.95	59.54	84.04	30.89	125.6	5.95
Cash & Short-Term Investments	86.95	59.54	84.04	30.89	125.6	5.95
Cash Growth	19.25%	-29.15%	172.08%	-75.41%	2011.91%	175.45%
Accounts Receivable	3.27	1.26	0.71	0.7	1.04	1.1
Other Receivables	0.32	7.71	1.49	16.07	2.68	0.3
Receivables	3.6	8.97	2.21	16.77	3.72	1.4
Inventory	6.98	1.18	0.71	0.59	0.55	0.17
Prepaid Expenses	-	-	-	-	-	0.2
Other Current Assets	277.18	144.02	43.03	20.85	157.27	1.45
Total Current Assets	374.71	213.71	129.98	69.09	287.13	9.17
Property, Plant & Equipment	380.9	371.55	200.33	235.79	146.25	41.19
Goodwill	-	-	-	-	16.96	-
Other Intangible Assets	2.74	4.04	3.7	0.03	1.68	0.38
Long-Term Deferred Tax Assets	-	-	-	-	3.9	-
Other Long-Term Assets	40.67	78.32	44.71	38.19	86.68	0.97
Total Assets	801.28	667.62	378.73	343.1	542.59	51.7
Accounts Payable	36.18	21.92	9.08	12.9	9.87	2.06
Short-Term Debt	-	-	-	-	60	-
Current Portion of Long-Term Debt	0.61	0.15	4.02	43.05	10.26	17.17
Current Portion of Leases	3.47	2.09	2.86	3.65	4.35	3.63
Current Income Taxes Payable	-	-	1.11	-	12.09	0.32
Other Current Liabilities	76.8	12.12	52.09	7.81	4.61	5.31
Total Current Liabilities	117.05	36.27	69.15	67.41	101.18	28.48
Long-Term Debt	50.84	1.43	-	4.09	0.91	0.17
Long-Term Leases	18.77	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	3.2	2.11	1.82	1.98	0.24	0.21
Total Liabilities	189.92	59.62	83.96	87.7	120.01	36.26
Common Stock	969.44	852.29	535.01	404.93	378.89	32
Additional Paid-In Capital	69.65	67.52	56.62	47.65	43.7	5.59
Retained Earnings	-459.11	-334.51	-299.81	-197.19	-0.02	-22.15
Comprehensive Income & Other	31.39	22.7	2.94	-	-	-
Total Common Equity	611.36	608	294.76	255.4	422.58	15.45
Shareholders' Equity	611.36	608	294.76	255.4	422.58	15.45
Total Liabilities & Equity	801.28	667.62	378.73	343.1	542.59	51.7
Total Debt	73.68	23.42	19.87	65.01	84.74	28.37
Net Cash (Debt)	13.27	36.13	64.17	-34.12	40.85	-22.42
Net Cash Growth	-72.90%	-43.70%	-	-	-	-
Net Cash Per Share	0.03	0.09	0.24	-0.16	0.24	-0.26
Filing Date Shares Outstanding	597.92	553.64	339.27	238.39	201.25	144.62
Total Common Shares Outstanding	563.01	479.33	334.15	224.2	194.81	88.94
Working Capital	257.66	177.44	60.83	1.68	185.95	-19.31
Book Value Per Share	1.09	1.27	0.88	1.14	2.17	0.17
Tangible Book Value	608.62	603.96	291.06	255.37	403.95	15.07
Tangible Book Value Per Share	1.08	1.26	0.87	1.14	2.07	0.17
Land	11.41	34.43	5.74	4.39	4.55	3.26
Machinery	468.1	427.2	356.07	309.29	157.19	53.12
Leasehold Improvements	22.94	59.83	50.73	45.28	5.78	2.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q