Bitfarms Ltd. (BITF) Financials

$1.03

north_east
$0.01 (0.98%)
Day's range
$1.01
Day's range
$1.05
$200M$200M$100M$100M$0$0-$100M-$100M-$200M-$200M-$300M-$300MEarning201820182019201920202020202120212022202220232023202420244000%4000%3000%3000%2000%2000%1000%1000%0%0%-1000%-1000%Profit Margin
Profit Margin
Revenue
Earnings

BITF Income statement / Annual

Last year (2024), Bitfarms Ltd.'s total revenue was $192.88 M, an increase of 31.78% from the previous year. In 2024, Bitfarms Ltd.'s net income was -$54.06 M. See Bitfarms Ltd.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Operating Revenue $192.88 M $146.37 M -$8.38 M $169.20 M $34.79 M $32.42 M $33.81 M $8.97 M
Cost of Revenue $225.24 M $167.87 M $131.91 M $58.37 M $36.69 M $26.98 M $22.93 M $1.40 M
Gross Profit -$32.36 M -$21.50 M -$140.29 M $110.83 M -$1.90 M $5.44 M $10.88 M $7.58 M
Gross Profit Ratio -0.17 -0.15 16.74 0.66 -0.05 0.17 0.32 0.84
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $72.66 M $38.80 M $51.51 M $43.24 M $3.35 M $4.18 M $8.54 M $0.00
Selling & Marketing Expenses $721,000.00 $491,000.00 $333,000.00 $174,000.00 $38,000.00 $110,000.00 $272,000.00 $0.00
Selling, General & Administrative Expenses $73.38 M $39.29 M $51.51 M $43.24 M $3.39 M $4.29 M $8.82 M $177,149.00
Other Expenses $1.82 M $11.34 M -$2.17 M $4.86 M $0.00 $0.00 $0.00 $0.00
Operating Expenses $75.20 M $50.63 M $49.34 M $48.10 M $3.39 M $4.29 M $8.82 M $177,149.00
Cost And Expenses $300.44 M $218.50 M $181.25 M $106.47 M $40.08 M $31.28 M $31.74 M $1.57 M
Interest Income $6.04 M $1.42 M $14.22 M $3.42 M $6.10 M $3.27 M $0.00 $0.00
Interest Expense $1.74 M $4.08 M $14.22 M $3.42 M $6.10 M $3.27 M $63,000.00 $0.00
Depreciation & Amortization $140.97 M $84.79 M $69.55 M $24.26 M $12.09 M $7.00 M $11.91 M $1.15 M
EBITDA $74.35 M -$15.86 M -$102.20 M $70.82 M $1.70 M $10.06 M -$5.17 M $8.29 M
EBITDA Ratio 0.39 -0.11 12.19 0.42 0.05 0.31 -0.15 0.92
Operating Income Ratio -0.56 -0.49 33.88 0.22 -0.27 0.08 -0.53 0.82
Total Other Income/Expenses Net $39.21 M -$37.19 M $98.62 M $5.29 M -$9.39 M -$3.05 M -$179,000.00 -$264,171.00
Income Before Tax -$68.35 M -$109.32 M -$256.46 M $42.64 M -$16.12 M -$484,000.00 -$18.18 M $7.14 M
Income Before Tax Ratio -0.35 -0.75 30.6 0.25 -0.46 -0.01 -0.54 0.8
Income Tax Expense -$14.29 M -$401,000.00 -$17.41 M $20.51 M $172,000.00 -$2.59 M $59,000.00 $2.05 M
Net Income -$54.06 M -$108.92 M -$239.05 M $22.13 M -$16.29 M $2.11 M -$9.36 M $5.08 M
Net Income Ratio -0.28 -0.74 28.52 0.13 -0.47 0.06 -0.28 0.57
EPS -0.12 -0.42 -1.15 0.14 -0.19 0.0314 -0.16 0.0891
EPS Diluted -0.12 -0.42 -1.15 0.13 -0.19 0.0297 -0.16 0.0891
Weighted Average Shares Out $448.71 M $262.24 M $207.78 M $157.65 M $84.92 M $67.04 M $56.92 M $57.05 M
Weighted Average Shares Out Diluted $448.71 M $262.24 M $207.78 M $169.39 M $84.92 M $71.06 M $56.92 M $57.05 M
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