BIT Mining Limited (BTCM)

BIT Mining Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.3	3.24	5.37	17.67	47.31	51.88
Short-Term Investments	-	-	2.36	-	-	3.43
Cash & Short-Term Investments	2.3	3.24	7.73	17.67	47.31	55.3
Cash Growth	-49.66%	-58.04%	-56.25%	-62.65%	-14.46%	-89.67%
Accounts Receivable	4.59	3.42	4.08	1.31	0.35	0.79
Other Receivables	0.19	0.35	4.22	0.94	0.27	1.58
Receivables	5.67	4.66	9.56	11.58	0.62	3.79
Prepaid Expenses	-	-	-	-	-	0.03
Restricted Cash	-	-	0.13	0.13	0.59	0.66
Other Current Assets	22.55	25.96	17.92	63.87	2.96	2.02
Total Current Assets	30.52	33.86	35.34	93.26	51.47	61.8
Property, Plant & Equipment	21.03	27.11	31.34	76.37	2.43	14.47
Long-Term Investments	4.2	4.17	8.05	10.05	14.06	21.97
Goodwill	-	-	-	26.57	-	-
Other Intangible Assets	1.42	2.03	3.3	71.93	0.24	0.65
Other Long-Term Assets	6.12	5.43	8.78	16.06	3.91	1.04
Total Assets	63.28	72.6	86.8	294.23	72.1	99.93
Accounts Payable	0.41	0.03	0.04	53.46	-	-
Accrued Expenses	11.58	13.52	7.08	6.15	1.72	1.92
Current Portion of Leases	1.59	1.68	1.37	2.21	0.57	2.39
Current Income Taxes Payable	0.07	0.08	0.07	0.5	0.08	0.32
Current Unearned Revenue	0.39	0.4	0.38	5.24	5.23	5.55
Other Current Liabilities	1.57	29.21	21.9	16.84	3.68	0.89
Total Current Liabilities	15.62	44.93	30.84	84.4	11.28	11.08
Long-Term Leases	1.78	2.54	2.84	4.57	0.89	4.55
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.01
Other Long-Term Liabilities	-	-	-	-	0.08	0.43
Total Liabilities	17.4	47.46	33.68	88.97	12.25	16.07
Common Stock	0.06	0.05	0.05	0.04	0.02	0.02
Additional Paid-In Capital	622.86	621.84	620.81	590.57	412.36	365.84
Retained Earnings	-551.04	-570.88	-542.17	-386.75	-324.35	-281.59
Treasury Stock	-21.6	-21.6	-21.6	-21.6	-21.6	-20.65
Comprehensive Income & Other	-4.39	-4.28	-3.96	-2.36	-4.6	20.32
Total Common Equity	45.88	25.13	53.13	179.89	61.83	83.94
Minority Interest	-	-	-	25.37	-1.98	-0.08
Shareholders' Equity	45.88	25.13	53.13	205.26	59.85	83.86
Total Liabilities & Equity	63.28	72.6	86.8	294.23	72.1	99.93
Total Debt	3.37	4.22	4.2	6.78	1.46	6.94
Net Cash (Debt)	-1.08	-0.98	3.53	10.89	45.85	48.36
Net Cash Growth	-	-	-67.61%	-76.25%	-5.19%	-90.96%
Net Cash Per Share	-0.10	-0.09	0.40	1.75	10.66	11.28
Filing Date Shares Outstanding	11.54	11.11	10.64	7.1	5.6	4.3
Total Common Shares Outstanding	11.54	11.11	10.64	7.1	4.3	4.3
Working Capital	14.9	-11.07	4.5	8.86	40.19	50.72
Book Value Per Share	3.97	2.26	4.99	25.33	14.38	19.52
Tangible Book Value	44.47	23.1	49.83	81.39	61.59	83.29
Tangible Book Value Per Share	3.85	2.08	4.68	11.46	14.32	19.37
Machinery	94.95	95.43	81.33	98.23	2.42	8.26
Construction In Progress	0.09	-	8.7	7.66	-	-
Leasehold Improvements	5.45	5.55	5.7	9.08	5.92	17.14

Source: S&P Capital IQ. Standard template. Financial Sources.