Bitfarms Statistics
Total Valuation
Bitfarms has a market cap or net worth of $593.43 million. The enterprise value is $556.04 million.
Important Dates
The next confirmed earnings date is Wednesday, May 14, 2025, before market open.
| Earnings Date | May 14, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Bitfarms has 553.64 million shares outstanding. The number of shares has increased by 58.13% in one year.
| Current Share Class | 553.64M |
| Shares Outstanding | 553.64M |
| Shares Change (YoY) | +58.13% |
| Shares Change (QoQ) | +12.66% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 462.02M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 3.08 |
| Forward PS | 1.49 |
| PB Ratio | 0.98 |
| P/TBV Ratio | 0.98 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.88 |
| EV / EBITDA | 16.24 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 5.89, with a Debt / Equity ratio of 0.04.
| Current Ratio | 5.89 |
| Quick Ratio | 1.89 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 0.63 |
| Debt / FCF | n/a |
| Interest Coverage | -59.61 |
Financial Efficiency
Return on equity (ROE) is -11.98% and return on invested capital (ROIC) is -13.69%.
| Return on Equity (ROE) | -11.98% |
| Return on Assets (ROA) | -12.38% |
| Return on Invested Capital (ROIC) | -13.69% |
| Return on Capital Employed (ROCE) | -16.41% |
| Revenue Per Employee | $1.13M |
| Profits Per Employee | -$318,018 |
| Employee Count | 170 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 238.98 |
Taxes
| Income Tax | -14.29M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -39.17% in the last 52 weeks. The beta is 4.26, so Bitfarms's price volatility has been higher than the market average.
| Beta (5Y) | 4.26 |
| 52-Week Price Change | -39.17% |
| 50-Day Moving Average | 0.98 |
| 200-Day Moving Average | 1.69 |
| Relative Strength Index (RSI) | 62.37 |
| Average Volume (20 Days) | 10,281,487 |
Short Selling Information
The latest short interest is 55.53 million, so 10.03% of the outstanding shares have been sold short.
| Short Interest | 55.53M |
| Short Previous Month | 57.65M |
| Short % of Shares Out | 10.03% |
| Short % of Float | 12.02% |
| Short Ratio (days to cover) | 3.09 |
Income Statement
In the last 12 months, Bitfarms had revenue of $192.88 million and -$54.06 million in losses. Loss per share was -$0.13.
| Revenue | 192.88M |
| Gross Profit | -32.36M |
| Operating Income | -103.60M |
| Pretax Income | n/a |
| Net Income | -54.06M |
| EBITDA | 34.23M |
| EBIT | -103.60M |
| Loss Per Share | -$0.13 |
Full Income StatementBalance Sheet
The company has $59.54 million in cash and $23.42 million in debt, giving a net cash position of $36.13 million or $0.07 per share.
| Cash & Cash Equivalents | 59.54M |
| Total Debt | 23.42M |
| Net Cash | 36.13M |
| Net Cash Per Share | $0.07 |
| Equity (Book Value) | 608.00M |
| Book Value Per Share | 1.27 |
| Working Capital | 177.44M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$140.56 million and capital expenditures -$339.85 million, giving a free cash flow of -$480.42 million.
| Operating Cash Flow | -140.56M |
| Capital Expenditures | -339.85M |
| Free Cash Flow | -480.42M |
| FCF Per Share | -$0.87 |
Full Cash Flow StatementMargins
Gross margin is -16.78%, with operating and profit margins of -53.71% and -28.03%.
| Gross Margin | -16.78% |
| Operating Margin | -53.71% |
| Pretax Margin | -35.44% |
| Profit Margin | -28.03% |
| EBITDA Margin | 17.75% |
| EBIT Margin | -53.71% |
| FCF Margin | n/a |
Dividends & Yields
Bitfarms does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -58.13% |
| Shareholder Yield | -58.13% |
| Earnings Yield | -9.11% |
| FCF Yield | -80.96% |
Analyst Forecast
The average price target for Bitfarms is $4.50, which is 312.84% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.50 |
| Price Target Difference | 312.84% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Bitfarms has an Altman Z-Score of 8.17 and a Piotroski F-Score of 1.
| Altman Z-Score | 8.17 |
| Piotroski F-Score | 1 |