BitFuFu Inc. (FUFU)

BitFuFu Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	463.33	284.11	198.2	103.04	1.23
Revenue Growth (YoY)	63.08%	43.34%	92.34%	8297.19%	-
Cost of Revenue	408.88	246.94	143.83	94.01	1.09
Gross Profit	54.45	37.17	54.37	9.03	0.14
Selling, General & Admin	32.73	5.54	4.69	3.03	0.58
Research & Development	5.6	1.74	1.56	0.47	0.69
Operating Expenses	63.06	31.84	24.99	3.5	1.27
Operating Income	-8.61	5.33	29.37	5.53	-1.13
Interest Expense	-6.33	-5.54	-2.52	-	-
Interest & Investment Income	9.31	1.05	0.34	0.14	-
Other Non Operating Income (Expenses)	75.34	11.83	-13.57	0.37	0.03
EBT Excluding Unusual Items	69.71	12.68	13.63	6.03	-1.11
Gain (Loss) on Sale of Assets	-	-	-	-0.06	-
Asset Writedown	-8.08	-	-11.85	-	-
Pretax Income	61.63	12.68	1.78	5.97	-1.11
Income Tax Expense	7.67	2.18	-0.67	1.04	-
Net Income	53.96	10.49	2.44	4.93	-1.11
Net Income to Common	53.96	10.49	2.44	4.93	-1.11
Net Income Growth	414.21%	329.64%	-50.42%	-	-
Shares Outstanding (Basic)	161	150	149	143	158
Shares Outstanding (Diluted)	161	150	149	143	158
Shares Change (YoY)	7.32%	0.41%	4.83%	-9.75%	-
EPS (Basic)	0.34	0.07	0.02	0.03	-
EPS (Diluted)	0.34	0.07	0.02	0.03	-
EPS Growth	379.11%	327.88%	-52.70%	-	-
Free Cash Flow	-	-196.04	-11.3	15.87	-
Free Cash Flow Per Share	-	-1.31	-0.08	0.11	-
Gross Margin	11.75%	13.08%	27.43%	8.76%	11.39%
Operating Margin	-1.86%	1.88%	14.82%	5.37%	-92.22%
Profit Margin	11.65%	3.69%	1.23%	4.78%	-90.13%
Free Cash Flow Margin	-	-69.00%	-5.70%	15.40%	-
EBITDA	15.89	29.83	47.53	5.53	-
EBITDA Margin	3.43%	10.50%	23.98%	5.37%	-
D&A For EBITDA	24.5	24.5	18.16	0	-
EBIT	-8.61	5.33	29.37	5.53	-1.13
EBIT Margin	-1.86%	1.88%	14.82%	5.37%	-92.22%
Effective Tax Rate	12.44%	17.22%	-	17.48%	-

Updated Mar 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q