BitFuFu Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	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	-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)	150	149	143
Shares Outstanding (Diluted)	150	149	143
Shares Change	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).