Bitfarms Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-128.2	-54.06	-108.92	-175.64	22.13	-16.29
Depreciation & Amortization	124.75	140.96	87.76	72.31	24.24	11.14
Other Amortization	0.01	0.01	0.02	0.11	0.24	0.35
Loss (Gain) From Sale of Assets	-5.66	3.96	2.17	1.28	4.01	1.44
Asset Writedown & Restructuring Costs	5.47	-	1.88	93.11	-0.06	-
Loss (Gain) From Sale of Investments	-2.31	-2.31	-12.25	-51.65	-6.15	-
Stock-Based Compensation	14.92	13.95	10.92	21.79	22.59	2.2
Other Operating Activities	-285.57	-233.85	-88.53	-79.75	-125.7	5.14
Change in Accounts Receivable	-0.37	-0.55	-0.01	0.43	0.06	0.01
Change in Inventory	-3.21	-0.48	-0.12	-	-	-0.03
Change in Accounts Payable	-11.38	-15.83	-0.32	0.09	9.24	0.11
Change in Income Taxes	0.26	-0.18	0.16	-0.13	11.78	2.06
Change in Other Net Operating Assets	28.98	7.81	1.52	-4.38	-5.7	1.1
Operating Cash Flow	-196.35	-140.56	-105.71	-122.42	-43.32	7.22
Operating Cash Flow Growth	-	-	-	-	-	19.98%
Capital Expenditures	-150.85	-339.85	-73.7	-194.98	-193.26	-4.48
Sale of Property, Plant & Equipment	20.09	5.46	3.11	10.5	1.11	0.88
Cash Acquisitions	-48.08	-	-	-	-23	-
Investment in Securities	0.36	2.31	12.25	51.65	6.15	-
Other Investing Activities	214.84	153.69	129.31	136.49	-	-
Investing Cash Flow	99.39	-178.39	70.97	3.66	-209	-3.61
Short-Term Debt Issued	-	-	-	40	60	-
Long-Term Debt Issued	-	1.7	-	67.2	14.23	0.08
Total Debt Issued	47.61	1.7	-	107.2	74.23	0.08
Short-Term Debt Repaid	-	-	-	-100	-	-
Long-Term Debt Repaid	-	-6.36	-34.18	-37.3	-24.73	-1.95
Total Debt Repaid	-2.38	-6.36	-34.18	-137.3	-24.73	-1.95
Net Debt Issued (Repaid)	45.23	-4.67	-34.18	-30.1	49.5	-1.87
Issuance of Common Stock	101.13	298.42	122.06	55.98	322.49	2.05
Other Financing Activities	-0.53	0.71	-	-1.87	-	-
Financing Cash Flow	135.88	294.46	87.88	24.01	371.99	0.19
Foreign Exchange Rate Adjustments	0.11	-0.01	0.02	0.04	-0.02	-0.02
Net Cash Flow	39.04	-24.5	53.15	-94.71	119.65	3.79
Free Cash Flow	-347.2	-480.42	-179.41	-317.4	-236.58	2.74
Free Cash Flow Margin	-125.61%	-249.07%	-122.58%	-222.85%	-139.58%	7.89%
Free Cash Flow Per Share	-0.67	-1.16	-0.68	-1.53	-1.40	0.03
Cash Interest Paid	3.17	1.74	13.92	17.72	3.98	4.25
Cash Income Tax Paid	0.65	1.51	-11.59	14.96	-	-
Levered Free Cash Flow	-178.4	-387.23	16.4	-17.81	-245.32	8.49
Unlevered Free Cash Flow	-175.12	-386.15	18.95	-8.92	-243.19	12.3
Change in Working Capital	14.27	-9.22	1.24	-3.98	15.39	3.24

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

SEC Filings: 10-K · 10-Q