Bitfarms Ltd. (BITF)

Bitfarms Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	138.62	84.04	30.89	125.6	5.95	2.16
Cash & Short-Term Investments	138.62	84.04	30.89	125.6	5.95	2.16
Cash Growth	348.74%	172.08%	-75.41%	2011.91%	175.45%	291.12%
Accounts Receivable	0.74	0.71	0.7	1.04	1.1	1.11
Other Receivables	18.08	1.49	16.07	2.68	0.3	2.58
Receivables	18.81	2.21	16.77	3.72	1.4	3.69
Inventory	1.08	0.71	0.59	0.55	0.17	0.14
Prepaid Expenses	-	-	-	-	0.2	0.56
Other Current Assets	78.78	43.03	20.85	157.27	1.45	0.01
Total Current Assets	237.29	129.98	69.09	287.13	9.17	6.55
Property, Plant & Equipment	246.48	200.33	235.79	146.25	41.19	44.01
Goodwill	-	-	-	16.96	-	-
Other Intangible Assets	4.38	3.7	0.03	1.68	0.38	0.68
Long-Term Deferred Tax Assets	-	-	-	3.9	-	-
Other Long-Term Assets	47.79	44.71	38.19	86.68	0.97	1.62
Total Assets	535.93	378.73	343.1	542.59	51.7	52.86
Accounts Payable	20.91	9.08	12.9	9.87	2.06	2.29
Short-Term Debt	-	-	-	60	-	-
Current Portion of Long-Term Debt	0.16	4.02	43.05	10.26	17.17	0.87
Current Portion of Leases	2.01	2.86	3.65	4.35	3.63	0.75
Current Income Taxes Payable	-	1.11	-	12.09	0.32	-
Other Current Liabilities	23.35	52.09	7.81	4.61	5.31	0.1
Total Current Liabilities	46.43	69.15	67.41	101.18	28.48	4.01
Long-Term Debt	1.49	-	4.09	0.91	0.17	14.85
Long-Term Leases	12.21	12.99	14.22	9.23	7.4	5.72
Long-Term Deferred Tax Liabilities	-	-	-	8.45	-	-
Other Long-Term Liabilities	1.93	1.82	1.98	0.24	0.21	0.19
Total Liabilities	62.06	83.96	87.7	120.01	36.26	24.77
Common Stock	727.06	530.12	404.93	378.89	32	30.48
Additional Paid-In Capital	59.41	56.62	47.65	43.7	5.59	3.47
Retained Earnings	-315.74	-294.92	-197.19	-0.02	-22.15	-5.86
Comprehensive Income & Other	3.16	2.94	-	-	-	-
Total Common Equity	473.88	294.76	255.4	422.58	15.45	28.09
Shareholders' Equity	473.88	294.76	255.4	422.58	15.45	28.09
Total Liabilities & Equity	535.93	378.73	343.1	542.59	51.7	52.86
Total Debt	15.87	19.87	65.01	84.74	28.37	22.19
Net Cash (Debt)	122.75	64.17	-34.12	40.85	-22.42	-20.03
Net Cash Per Share	0.37	0.24	-0.16	0.24	-0.26	-0.28
Filing Date Shares Outstanding	451.29	339.27	238.39	201.25	144.62	84.62
Total Common Shares Outstanding	425.88	334.15	224.2	194.81	88.94	83.62
Working Capital	190.86	60.83	1.68	185.95	-19.31	2.54
Book Value Per Share	1.11	0.88	1.14	2.17	0.17	0.34
Tangible Book Value	469.5	291.06	255.37	403.95	15.07	27.41
Tangible Book Value Per Share	1.10	0.87	1.14	2.07	0.17	0.33
Land	16.54	5.74	4.39	4.55	3.26	2.72
Machinery	324.48	356.07	309.29	157.19	53.12	54.51
Leasehold Improvements	51.62	50.73	45.28	5.78	2.71	2.42

Source: S&P Capital IQ. Standard template. Financial Sources.