Bitfarms Statistics

Total Valuation

Bitfarms has a market cap or net worth of $463.25 million. The enterprise value is $425.76 million.

Market Cap	463.25M
Enterprise Value	425.76M

Important Dates

The next estimated earnings date is Monday, May 12, 2025, before market open.

Earnings Date	May 12, 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	462.36M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	2.40
Forward PS	1.16
PB Ratio	0.76
P/TBV Ratio	0.77
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	2.21
EV / EBITDA	12.44
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 -51.13% in the last 52 weeks. The beta is 3.98, so Bitfarms's price volatility has been higher than the market average.

Beta (5Y)	3.98
52-Week Price Change	-51.13%
50-Day Moving Average	1.07
200-Day Moving Average	1.82
Relative Strength Index (RSI)	43.77
Average Volume (20 Days)	15,988,095

Short Selling Information

The latest short interest is 57.65 million, so 10.41% of the outstanding shares have been sold short.

Short Interest	57.65M
Short Previous Month	56.63M
Short % of Shares Out	10.41%
Short % of Float	12.47%
Short Ratio (days to cover)	1.98

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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	n/a
Earnings Yield	-11.67%
FCF Yield	-103.70%

Analyst Forecast

The average price target for Bitfarms is $4.42, which is 428.90% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$4.42
Price Target Difference	428.90%
Analyst Consensus	Strong Buy
Analyst Count	6
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock 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