Bitfarms Ltd. (BITF)

USD 1.82

(-12.08%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 146.36 Million -8.38 Million 169.2 Million 34.79 Million 32.42 Million 33.8 Million
Cost of Revenue 167.86 Million 131.91 Million 58.37 Million 36.69 Million 26.98 Million 22.92 Million
Gross Profit -21.5 Million -140.29 Million 110.83 Million -1.9 Million 5.43 Million 10.87 Million
Operating Expenses 50.62 Million 49.34 Million 48.09 Million 3.38 Million 4.29 Million 8.81 Million
Selling, General and Administrative Expenses 39.29 Million 51.5 Million 43.23 Million 3.38 Million 4.29 Million 8.81 Million
Research and Development Expenses - - - - - -
Other Expenses 11.33 Million -2.16 Million 4.86 Million - - -
Cost and Expenses 218.49 Million 181.25 Million 106.47 Million 40.08 Million 31.27 Million 31.74 Million
Operating Income -72.12 Million -284.02 Million 37.34 Million -9.3 Million 2.56 Million -17.99 Million
Interest Expense 11.92 Million 14.22 Million 3.42 Million 6.1 Million 3.26 Million 63 Thousand
Income Tax Expense -401 Thousand -17.41 Million 20.5 Million 172 Thousand -2.59 Million 59 Thousand
Earnings before Tax -104.43 Million -256.46 Million 42.63 Million -16.11 Million -484 Thousand -18.17 Million
Net Income -104.03 Million -239.05 Million 22.13 Million -16.28 Million 2.1 Million -9.36 Million
Earnings Per Share Basic -0.40 -1.15 0.14 -0.19 0.03 -0.16
Earnings Per Share Diluted -0.40 -1.15 0.13 -0.19 0.03 -0.16
Weighted Average Shares Outstanding 262.23 Million 207.77 Million 157.65 Million 84.91 Million 67.04 Million 56.91 Million
Weighted Average Shares Outstanding (Diluted) 262.23 Million 207.77 Million 169.39 Million 84.91 Million 71.05 Million 56.91 Million
Gross Margin -0.15 16.74 0.66 -0.05 0.17 0.32
EBIT Margin -0.11 11.36 0.37 0.06 0.29 0.43
Profit Margin -0.71 28.52 0.13 -0.47 0.06 -0.28
EBITDA -15.85 Million -102.19 Million 70.82 Million 1.69 Million 10.06 Million -5.17 Million
Earnings Before Tax Margin -0.49 33.88 0.22 -0.27 0.08 -0.53

Income Statement Charts