BitFuFu Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	473.27	463.33	284.11	198.2	103.04	1.23
Revenue Growth (YoY)	4.53%	63.08%	43.34%	92.34%	8297.19%	-
Cost of Revenue	423.44	408.92	246.94	143.83	94.01	1.09
Gross Profit	49.83	54.41	37.17	54.37	9.03	0.14
Selling, General & Admin	32.21	32.73	5.55	4.69	3.03	0.58
Research & Development	3.62	5.6	1.74	1.56	0.47	0.69
Operating Expenses	63.1	63.02	31.84	24.99	3.5	1.27
Operating Income	-13.26	-8.61	5.33	29.37	5.53	-1.13
Interest Expense	-8.21	-6.33	-5.54	-2.52	-	-
Interest & Investment Income	2.81	2.04	1.06	0.34	0.14	-
Other Non Operating Income (Expenses)	96.14	82.61	11.83	-13.57	0.37	0.03
EBT Excluding Unusual Items	77.48	69.71	12.68	13.63	6.03	-1.11
Gain (Loss) on Sale of Assets	-	-	-	-	-0.06	-
Asset Writedown	-8.08	-8.08	-	-11.85	-	-
Pretax Income	69.41	61.63	12.68	1.78	5.97	-1.11
Income Tax Expense	5.23	7.67	2.18	-0.67	1.04	-
Net Income	64.08	53.96	10.5	2.44	4.93	-1.11
Net Income to Common	64.08	53.96	10.5	2.44	4.93	-1.11
Net Income Growth	73.23%	414.18%	329.77%	-50.43%	-	-
Shares Outstanding (Basic)	164	161	150	149	143	158
Shares Outstanding (Diluted)	168	166	150	149	143	158
Shares Change (YoY)	6.70%	10.33%	0.41%	4.83%	-9.75%	-
EPS (Basic)	0.39	0.34	0.07	0.02	0.03	-
EPS (Diluted)	0.39	0.33	0.07	0.02	0.03	-
EPS Growth	65.75%	371.66%	328.00%	-52.71%	-	-
Free Cash Flow	-	-219.91	-196.04	-11.3	15.87	-
Free Cash Flow Per Share	-	-1.33	-1.31	-0.08	0.11	-
Gross Margin	10.53%	11.74%	13.08%	27.43%	8.76%	11.39%
Operating Margin	-2.80%	-1.86%	1.88%	14.82%	5.37%	-92.22%
Profit Margin	13.54%	11.65%	3.69%	1.23%	4.78%	-90.13%
Free Cash Flow Margin	-	-47.46%	-69.00%	-5.70%	15.40%	-
EBITDA	11.64	16.12	29.83	47.53	5.53	-
EBITDA Margin	2.46%	3.48%	10.50%	23.98%	5.37%	-
D&A For EBITDA	24.91	24.73	24.5	18.16	0	-
EBIT	-13.26	-8.61	5.33	29.37	5.53	-1.13
EBIT Margin	-2.80%	-1.86%	1.88%	14.82%	5.37%	-92.22%
Effective Tax Rate	7.54%	12.44%	17.22%	-	17.48%	-

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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