Bit Digital, Inc. (BTBT) Financials

$3.33

south_east -$0 (0%)
Day's range
$3.22
Day's range
$3.42

BTBT Income statement / Annual

Last year (2023), Bit Digital, Inc.'s total revenue was $44.92 M, an increase of 39.07% from the previous year. In 2023, Bit Digital, Inc.'s net income was -$13.89 M. See Bit Digital, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $44.92 M $32.30 M $96.08 M $21.07 M $4.59 M $7.89 M $6.95 M $3.71 M $0.00
Cost of Revenue $29.56 M $20.37 M $30.74 M $14.10 M $0.00 $0.00 $391,927.00 $0.00 $0.00
Gross Profit $15.36 M $11.92 M $65.34 M $6.96 M $4.59 M $7.89 M $6.56 M $3.71 M $0.00
Gross Profit Ratio 0.34 0.37 0.68 0.33 1 1 0.94 1 0
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $137,423.00 $447,884.00 $485,852.00 $417,901.00 $29,943.00
General & Administrative Expenses $26.47 M $23.11 M $39.15 M $2.52 M $2.48 M $6.69 M $3.92 M $1.64 M $492,492.00
Selling & Marketing Expenses $1.20 M $1.10 M $0.00 $0.00 $6.96 M $4.94 M $3.91 M $1.43 M $361,092.00
Selling, General & Administrative Expenses $27.67 M $23.11 M $39.15 M $2.52 M $9.43 M $11.63 M $7.83 M $3.07 M $111,750.00
Other Expenses $4.31 M $27.83 M $13.11 M $3.32 M $93,581.00 $171,082.00 $75,648.00 -$155.00 $0.00
Operating Expenses $31.98 M $50.94 M $52.27 M $5.84 M $9.57 M $12.07 M $8.31 M $3.49 M $141,693.00
Cost And Expenses $61.54 M $71.32 M $83.01 M $19.94 M $9.57 M $12.07 M $8.31 M $3.49 M $141,693.00
Interest Income $0.00 $0.00 $0.00 $41.00 $0.00 $0.00 $17,166.00 $3,324.00 $12.00
Interest Expense $0.00 $132.62 M $0.00 $0.00 $0.00 $0.00 $1,703.00 $1,011.00 $0.00
Depreciation & Amortization $14.43 M $27.83 M $13.11 M $3.32 M $30,199.00 $82,872.00 $57,603.00 $38,973.00 $1.70 M
EBITDA -$12.31 M -$8.96 M $26.18 M $4.45 M -$1.96 M -$3.91 M -$1.21 M $255,827.00 $1.56 M
EBITDA Ratio -0.27 1.69 0.33 0.17 -1.08 -0.52 -0.19 0.07 0
Operating Income Ratio -0.37 0.83 0.19 0.01 -1.09 -0.53 -0.2 0.06 0
Total Other Income/Expenses Net $3.01 M $1.28 M -$3.04 M $803,633.00 $2.99 M $186,547.00 $91,111.00 $2,895.00 $1.00
Income Before Tax -$13.61 M -$105.89 M $8.72 M $1.92 M -$6.13 M -$4.00 M -$1.27 M $219,749.00 -$141,692.00
Income Before Tax Ratio -0.3 -3.28 0.09 0.09 -1.34 -0.51 -0.18 0.06 0
Income Tax Expense $279,044.00 -$592,850.00 $3.86 M $3.03 M $806,803.00 -$461,171.00 -$271,541.00 $54,938.00 -$35,423.00
Net Income -$13.89 M -$105.30 M $4.86 M -$1.10 M -$6.94 M -$3.54 M -$996,825.00 $160,905.00 -$106,269.00
Net Income Ratio -0.31 -3.26 0.05 -0.05 -1.51 -0.45 -0.14 0.04 0
EPS -0.16 -1.34 0.0877 -0.0361 -0.46 -0.25 -0.0767 0.0111 -0.0073
EPS Diluted -0.16 -1.34 0.0877 -0.0361 -0.46 -0.25 -0.0767 0.0111 -0.0073
Weighted Average Shares Out $87.53 M $78.61 M $55.44 M $30.59 M $15.20 M $14.39 M $13.00 M $14.55 M $14.55 M
Weighted Average Shares Out Diluted $87.53 M $78.61 M $55.44 M $30.59 M $15.20 M $14.39 M $13.00 M $14.55 M $14.55 M
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