tiprankstipranks
Bitfarms (BITF)
NASDAQ:BITF
Holding BITF?
Track your performance easily

Bitfarms (BITF) Income Statement

2,018 Followers

Bitfarms Income Statement

Last quarter (Q3 2024), Bitfarms's total revenue was $44.85M, an increase of 29.65% from the same quarter last year. In Q3, Bitfarms's net income was $-36.65M. See Bitfarms’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 182.96M$ 146.37M$ 142.43M$ 169.20M$ 34.79M$ 32.42M
Cost of Revenue
$ 214.95M$ 167.87M$ 131.91M$ 88.70M$ 36.69M$ 26.98M
Gross Profit
$ -31.99M$ -21.50M$ 10.52M$ 111.12M$ 2.87M$ 5.44M
Operating Expense
$ 68.58M$ 42.50M$ 52.78M$ 17.77M$ 3.39M$ 3.98M
Operating Income
$ -103.31M$ -64.00M$ -42.27M$ 62.73M$ -5.29M$ 1.46M
Net Non Operating Interest Income Expense
$ 7.79M$ 13.40M$ -137.11M$ 23.86M$ 10.12M$ 1.84M
Other Income Expense
$ -21.89M$ -27.04M$ 148.64M$ 3.77M$ -707.00K$ -97.00K
Pretax Income
$ -141.64M$ -104.44M$ -424.08M$ 42.64M$ -16.12M$ -484.00K
Tax Provision
$ -4.96M$ -401.00K$ -17.41M$ 20.51M$ 172.00K$ -2.59M
Earnings From Equity Interest Net Of Tax
------
Net Income Common Stockholders
$ -126.60M$ -104.04M$ -175.64M$ 22.13M$ -16.29M$ 2.90M
Basic EPS
$ -0.37$ -0.40$ -0.85$ 0.14$ -0.19$ 0.04
Diluted EPS
$ -0.37$ -0.40$ -0.85$ 0.13$ -0.19$ 0.04
Basic Average Shares
$ 1.49B$ 262.24M$ 207.78M$ 157.65M$ 84.92M$ 67.04M
Diluted Average Shares
$ 1.49B$ 262.24M$ 207.78M$ 169.39M$ 84.92M$ 71.06M
Dividend Per Share
------
Total Operating Income As Reported
------
Reported Normalized Basic E P S
------
Reported Normalized Diluted E P S
------
Rent Expense Supplemental
------
Total Expenses
$ 283.53M$ 210.37M$ 184.69M$ -106.47M$ -40.08M$ -30.97M
Net Income From Continuing And Discontinued Operation
$ -126.60M$ -104.04M$ -175.64M$ 22.13M$ -16.29M$ 2.90M
Normalized Income
$ -146.71M$ -92.59M$ -348.38M$ 30.43M$ -8.96M$ -2.40M
Interest Expense
------
EBIT
$ -121.78M$ -92.52M$ -423.45M$ 46.06M$ -10.01M$ 2.78M
EBITDA
$ -5.37M$ -7.73M$ -103.47M$ 70.53M$ 1.47M$ 9.63M
Currency in USD

Bitfarms Earnings and Revenue History

What am I Missing?
Make informed decisions based on Top Analysts' activity
Know what industry insiders are buying
Get actionable alerts from top Wall Street Analysts
Find out before anyone else which stock is going to shoot up
Get powerful stock screeners & detailed portfolio analysis