Bitfarms Statistics
Total Valuation
Bitfarms has a market cap or net worth of $523.59 million. The enterprise value is $510.20 million.
Important Dates
The last earnings date was Wednesday, May 14, 2025, before market open.
| Earnings Date | May 14, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Bitfarms has 555.96 million shares outstanding. The number of shares has increased by 57.56% in one year.
| Current Share Class | 555.96M |
| Shares Outstanding | 555.96M |
| Shares Change (YoY) | +57.56% |
| Shares Change (QoQ) | -1.06% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 464.34M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.50 |
| Forward PS | 1.66 |
| PB Ratio | 0.79 |
| P/TBV Ratio | 0.79 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 2.44 |
| EV / EBITDA | 18.15 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.64, with a Debt / Equity ratio of 0.04.
| Current Ratio | 2.64 |
| Quick Ratio | 0.48 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | 0.82 |
| Debt / FCF | n/a |
| Interest Coverage | -50.09 |
Financial Efficiency
Return on equity (ROE) is -16.30% and return on invested capital (ROIC) is -11.71%.
| Return on Equity (ROE) | -16.30% |
| Return on Assets (ROA) | -10.43% |
| Return on Invested Capital (ROIC) | -11.71% |
| Return on Capital Employed (ROCE) | -14.51% |
| Revenue Per Employee | $1.23M |
| Profits Per Employee | -$493,871 |
| Employee Count | 170 |
| Asset Turnover | 0.35 |
| Inventory Turnover | 78.48 |
Taxes
| Income Tax | -2.38M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -57.65% 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 | -57.65% |
| 50-Day Moving Average | 0.97 |
| 200-Day Moving Average | 1.61 |
| Relative Strength Index (RSI) | 40.31 |
| Average Volume (20 Days) | 21,496,773 |
Short Selling Information
The latest short interest is 52.10 million, so 9.37% of the outstanding shares have been sold short.
| Short Interest | 52.10M |
| Short Previous Month | 52.56M |
| Short % of Shares Out | 9.37% |
| Short % of Float | 11.22% |
| Short Ratio (days to cover) | 4.31 |
Income Statement
In the last 12 months, Bitfarms had revenue of $209.41 million and -$83.96 million in losses. Loss per share was -$0.18.
| Revenue | 209.41M |
| Gross Profit | -22.22M |
| Operating Income | -100.44M |
| Pretax Income | n/a |
| Net Income | -83.96M |
| EBITDA | 28.11M |
| EBIT | -100.44M |
| Loss Per Share | -$0.18 |
Full Income StatementBalance Sheet
The company has $38.55 million in cash and $25.69 million in debt, giving a net cash position of $12.86 million or $0.02 per share.
| Cash & Cash Equivalents | 38.55M |
| Total Debt | 25.69M |
| Net Cash | 12.86M |
| Net Cash Per Share | $0.02 |
| Equity (Book Value) | 664.71M |
| Book Value Per Share | 1.20 |
| Working Capital | 139.23M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$127.85 million and capital expenditures -$309.74 million, giving a free cash flow of -$437.59 million.
| Operating Cash Flow | -127.85M |
| Capital Expenditures | -309.74M |
| Free Cash Flow | -437.59M |
| FCF Per Share | -$0.79 |
Full Cash Flow StatementMargins
Gross margin is -10.61%, with operating and profit margins of -47.96% and -40.09%.
| Gross Margin | -10.61% |
| Operating Margin | -47.96% |
| Pretax Margin | -41.23% |
| Profit Margin | -40.09% |
| EBITDA Margin | 13.42% |
| EBIT Margin | -47.96% |
| 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 | -57.56% |
| Shareholder Yield | -57.56% |
| Earnings Yield | -16.04% |
| FCF Yield | -83.57% |
Analyst Forecast
The average price target for Bitfarms is $4.88, which is 421.37% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.88 |
| Price Target Difference | 421.37% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 4 |
| 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 3.76 and a Piotroski F-Score of 1.
| Altman Z-Score | 3.76 |
| Piotroski F-Score | 1 |