Bitfarms Ltd.

BITF · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$192,881$146,366$142,428$169,491
% Growth31.8%2.8%-16%
Cost of Goods Sold$225,240$167,868$131,910$58,371
Gross Profit-$32,359-$21,502$10,518$111,120
% Margin-16.8%-14.7%7.4%65.6%
R&D Expenses$0$0$0$0
G&A Expenses$72,661$38,801$51,173$43,064
SG&A Expenses$73,382$39,292$51,506$43,238
Sales & Mktg Exp.$721$491$333$174
Other Operating Expenses$1,822$11,335$243,034$4,242
Operating Expenses$75,204$50,627$294,540$47,480
Operating Income-$107,563-$72,129-$284,022$63,640
% Margin-55.8%-49.3%-199.4%37.5%
Other Income/Exp. Net$39,210-$37,194$90,966-$21,003
Pre-Tax Income-$68,353-$109,323-$193,056$42,637
Tax Expense-$14,290-$401-$17,412$20,507
Net Income-$54,063-$108,922-$175,644$22,130
% Margin-28%-74.4%-123.3%13.1%
EPS-0.13-0.42-1.150.14
% Growth69%63.5%-921.4%
EPS Diluted-0.13-0.42-1.150.13
Weighted Avg Shares Out414,670262,237207,776157,652
Weighted Avg Shares Out Dil414,670262,237207,776169,392
Supplemental Information
Interest Income$6,037$1,420$456$0
Interest Expense$1,738$4,079$14,221$3,420
Depreciation & Amortization$140,967$84,785$72,420$24,476
EBITDA$74,352-$17,413-$106,415$70,533
% Margin38.5%-11.9%-74.7%41.6%