BitFuFu Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	-	284.11	198.2	103.04
Revenue Growth (YoY)	-	43.34%	92.34%	-
Cost of Revenue	-	271.39	161.97	94.01
Gross Profit	-	12.71	36.23	9.03
Selling, General & Admin	-	5.54	4.69	3.03
Research & Development	-	1.74	1.56	0.47
Other Operating Expenses	0	-11.14	26.08	-0.37
Operating Expenses	-	-3.86	32.33	3.13
Operating Income	-	16.57	3.9	5.9
Interest Expense / Income	-	5.54	2.52	0
Other Expense / Income	-	-1.64	-0.39	-0.07
Pretax Income	-	12.68	1.78	5.97
Income Tax	-	2.18	-0.67	1.04
Net Income	-	10.49	2.44	4.93
Net Income Growth	-	329.64%	-50.42%	-
Shares Outstanding (Basic)	154	150	149	143
Shares Outstanding (Diluted)	-	150	149	143
Shares Change	3.35%	0.41%	4.83%	-
EPS (Basic)	-	0.07	0.02	0.03
EPS (Diluted)	-	0.07	0.02	0.03
EPS Growth	-	250.00%	-33.33%	-
Free Cash Flow	-	-196.04	-11.3	15.87
Free Cash Flow Per Share	-	-1.31	-0.08	0.11
Gross Margin	-	4.47%	18.28%	8.76%
Operating Margin	-	5.83%	1.97%	5.73%
Profit Margin	-	3.69%	1.23%	4.78%
Free Cash Flow Margin	-	-69.00%	-5.70%	15.40%
Effective Tax Rate	-	17.22%	-37.48%	17.48%
EBITDA	-	42.71	22.45	5.97
EBITDA Margin	-	15.03%	11.33%	5.80%
Depreciation & Amortization	-	24.5	18.16	0
EBIT	-	18.21	4.29	5.97
EBIT Margin	-	6.41%	2.17%	5.79%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).