Bitfarms Ltd. (BITF.TO)

CAD 2.6

(-12.75%)

Operating Income Summary of Bitfarms Ltd.

Bitfarms Ltd.'s latest annual operating income in 2023 was -72.12 Million USD , up 74.6% from previous year.
Bitfarms Ltd.'s latest quarterly operating income in 2024 Q2 was -23.57 Million USD , up 0.55% from previous quarter.
Bitfarms Ltd. reported an annual operating income of -284.02 Million USD in 2022, down -860.47% from previous year.
Bitfarms Ltd. reported an annual operating income of 37.34 Million USD in 2021, up 501.33% from previous year.
Bitfarms Ltd. reported a quarterly operating income of -23.57 Million USD for 2024 Q2, up 0.55% from previous quarter.
Bitfarms Ltd. reported a quarterly operating income of -25.17 Million USD for 2023 Q2, down -75.29% from previous quarter.

Annual Operating Income Chart of Bitfarms Ltd. (2023 - 2017)

Historical Annual Operating Income of Bitfarms Ltd. (2023 - 2017)

Year	Operating Income	Operating Income Growth
2023	-72.12 Million USD	74.6%
2022	-284.02 Million USD	-860.47%
2021	37.34 Million USD	501.33%
2020	-9.3 Million USD	-462.95%
2019	2.56 Million USD	114.25%
2018	-17.99 Million USD	-143.52%
2017	41.35 Million USD	0.0%

Year	Operating Income	Operating Income Growth
2024 Q1	-23.7 Million USD	-86.13%
2024 Q2	-23.57 Million USD	0.55%
2023 Q2	-25.17 Million USD	-75.29%
2023 FY	-72.12 Million USD	74.6%
2023 Q4	-12.73 Million USD	31.66%
2023 Q3	-18.63 Million USD	25.95%
2023 Q1	-14.35 Million USD	28.28%
2022 Q1	3.87 Million USD	-74.17%
2022 Q4	-20.02 Million USD	-33.93%
2022 Q3	-14.94 Million USD	91.36%
2022 Q2	-173.09 Million USD	-4565.71%
2022 FY	-284.02 Million USD	-860.47%
2021 FY	37.34 Million USD	501.33%
2021 Q2	-2.09 Million USD	-112.69%
2021 Q3	34.09 Million USD	1731.1%
2021 Q1	16.47 Million USD	2804.94%
2021 Q4	15 Million USD	-55.99%
2020 FY	-9.3 Million USD	-462.95%
2020 Q4	567 Thousand USD	119.96%
2020 Q3	-2.84 Million USD	-91.7%
2020 Q2	-1.48 Million USD	1.85%
2020 Q1	-1.51 Million USD	-1347.93%
2019 Q1	-1.71 Million USD	92.56%
2019 FY	2.56 Million USD	114.25%
2019 Q4	121 Thousand USD	-94.26%
2019 Q3	2.1 Million USD	269.0%
2019 Q2	571 Thousand USD	133.37%
2018 Q4	-22.99 Million USD	-1274.18%
2018 Q2	-1.71 Million USD	-120.53%
2018 Q1	8.36 Million USD	0.0%
2018 Q3	-1.67 Million USD	2.62%
2018 FY	-17.99 Million USD	-143.52%
2017 FY	41.35 Million USD	0.0%

Peer Operating Income Comparison of Bitfarms Ltd.

Name	Operating Income	Operating Income Difference
Canaccord Genuity Group Inc.	- CAD	Infinity%
Canaccord Genuity Group Inc.	- CAD	Infinity%
Pinetree Capital Ltd.	5.9 Million CAD	1321.697%
Goldmoney Inc.	14.71 Million CAD	590.02%