FMP
Bitfarms Ltd.
BITF
NASDAQ
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
1.02 USD
-0.01 (-0.98%)
BITF Financial Statements
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Total Revenue
56.16M
44.85M
41.55M
50.09M
Cost of Revenue
54.78M
56.64M
52.82M
60.73M
Gross Profit
1.39M
-11.79M
-11.28M
-10.63M
Operating Expenses
17.77M
32.1M
12.3M
13.2M
Research and Development
0
0
0
0
Selling, General & Administrative Expenses
18.04M
27.6M
12.4M
13.14M
Selling & Marketing Expenses
108k
332k
165k
116k
General & Administrative Expenses
17.93M
27.27M
14.38M
13.08M
Other Expenses
-270k
4.5M
-99k
-64.71k
Operating Income
-16.39M
-43.89M
-23.61M
-23.84M
Total Other Income/Expenses Net
21.84M
7.24M
-1.29M
11.44M
Income Before Tax
5.46M
-36.65M
-24.89M
-12.21M
Income Tax
-9.71M
-2k
1.7M
-6.26M
Net Income
15.16M
-36.65M
-26.6M
-5.95M
Basic EPS
0.03
-0.08
-0.07
-0.02
EPS Diluted
0.03
-0.08
-0.07
-0.02
Basic Average Shares
479.33M
448.71M
401.24M
338.75M
Diluted Average Shares
479.33M
448.71M
401.24M
338.75M
EBITDA
29.75M
-7.38M
24.03M
26.97M
Retained Earning Schedule
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Retained Earnings (Previous Year)
-351.82M
-315.69M
-293.1M
-293.42M
Net Income
15.16M
-36.65M
-26.6M
-5.95M
Stock Repurchases
0
0
0
0
Dividend Paid
0
0
0
0
Retained Earnings
-334.51M
-351.82M
-315.69M
-293.1M
Other Distributions
17.32M
-36.13M
-22.59M
311.54k
PPE Schedule
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Gross PPE
423.4M
373.37M
246.48M
190.8M
Annual Depreciation
24.58M
28.83M
48.57M
38.8M
Capital Expenditure
-74.66M
-111.06M
-76.19M
-77.59M
Net PPE
473.48M
455.61M
274.1M
229.58M
Intangible and Goodwill Schedule
Quarter
2024 Q4
2024 Q3
2024 Q2
2024 Q1
Acquisitions and Adjustments
0
0
0
0
Goodwill (Previous Year)
0
0
0
0
Goodwill
0
0
0
0
All figures are in USD.
