Bit Digital, Inc. (BTBT)

Bit Digital Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	98.4	107.5	44.92	32.3	96.08	21.07
Revenue	98.4	107.5	44.92	32.3	96.08	21.07
Revenue Growth (YoY)	13.30%	139.34%	39.07%	-66.39%	356.10%	-
Cost of Revenue	57	62.38	29.56	20.37	30.74	14.1
Gross Profit	41.4	45.12	15.36	11.92	65.34	6.96
Selling, General & Admin	58.01	41.51	27.67	20.88	39.15	2.52
Other Operating Expenses	0.53	-55.71	-12.16	18.11	7.18	-0.44
Operating Expenses	91.13	18.11	29.94	66.82	59.45	5.4
Operating Income	-49.73	27.01	-14.58	-54.9	5.89	1.56
Interest & Investment Income	0.98	0.55	-	-	-	-
Other Non Operating Income (Expenses)	2.38	6.56	3.16	-1.17	0.7	-0
EBT Excluding Unusual Items	-46.37	34.12	-11.42	-56.07	6.59	1.56
Gain (Loss) on Sale of Investments	-	-	0.01	1.04	-	-
Gain (Loss) on Sale of Assets	-2.17	-1.84	-0.17	1.41	-3.75	-
Asset Writedown	-	-	-	-50.04	-	-
Legal Settlements	-	-	-	-2.1	-	-
Other Unusual Items	-	-	-2.04	-0.13	-	-
Pretax Income	-48.54	32.28	-13.61	-105.89	2.85	1.56
Income Tax Expense	4.12	3.98	0.28	-0.59	3.86	-
Earnings From Continuing Operations	-52.66	28.31	-13.89	-105.3	-1.01	1.56
Earnings From Discontinued Operations	-	-	-	-	-	-3.83
Net Income to Company	-52.66	28.31	-13.89	-105.3	-1.01	-2.28
Net Income	-52.66	28.31	-13.89	-105.3	-1.01	-2.28
Net Income to Common	-52.66	28.31	-13.89	-105.3	-1.01	-2.28
Shares Outstanding (Basic)	177	140	88	79	55	31
Shares Outstanding (Diluted)	177	142	88	79	55	31
Shares Change (YoY)	64.76%	61.66%	11.35%	41.80%	81.23%	101.29%
EPS (Basic)	-0.30	0.20	-0.16	-1.34	-0.02	-0.07
EPS (Diluted)	-0.30	0.19	-0.16	-1.34	-0.02	-0.07
Free Cash Flow	-183.11	-106.99	-65.55	-27.83	-64.19	-5.48
Free Cash Flow Per Share	-1.03	-0.76	-0.75	-0.35	-1.16	-0.18
Gross Margin	42.07%	41.97%	34.20%	36.91%	68.01%	33.04%
Operating Margin	-50.53%	25.13%	-32.46%	-169.98%	6.13%	7.39%
Profit Margin	-53.52%	26.33%	-30.93%	-326.03%	-1.05%	-10.82%
Free Cash Flow Margin	-186.08%	-99.52%	-145.95%	-86.17%	-66.81%	-26.00%
EBITDA	-18.64	59.32	-0.15	-27.07	19	4.88
EBITDA Margin	-18.95%	55.18%	-0.34%	-83.81%	19.78%	23.18%
D&A For EBITDA	31.08	32.31	14.43	27.83	13.11	3.32
EBIT	-49.73	27.01	-14.58	-54.9	5.89	1.56
EBIT Margin	-50.53%	25.13%	-32.46%	-169.98%	6.13%	7.39%
Effective Tax Rate	-	12.32%	-	-	135.48%	-
Revenue as Reported	99.38	108.05	44.92	32.3	-	-

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q