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 |
$142.43 M |
$169.49 M |
$34.70 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
|
$31.83 M
|
$20.98 M
|
$22.93 M
|
$1.40 M
|
| Gross Profit |
-$32.36 M
|
-$21.50 M
|
$10.52 M
|
$111.12 M
|
$2.87 M
|
$11.44 M
|
$10.88 M
|
$7.58 M
|
| Gross Profit Ratio |
-0.17
|
-0.15
|
0.07
|
0.66
|
0.08
|
0.35
|
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
|
$51.17 M
|
$43.06 M
|
$8.21 M
|
$9.87 M
|
$8.54 M
|
$0.00
|
| Selling & Marketing Expenses |
$721.00 K
|
$491.00 K
|
$333.00 K
|
$174.00 K
|
$38.00 K
|
$110.00 K
|
$272.00 K
|
$0.00
|
| Selling, General & Administrative Expenses |
$73.38 M
|
$39.29 M
|
$51.51 M
|
$43.24 M
|
$8.25 M
|
$9.98 M
|
$8.82 M
|
$177.15 K
|
| Other Expenses |
$1.82 M
|
$11.34 M
|
$243.03 M
|
$4.24 M
|
$1.35 M
|
$56.00 K
|
$20.06 M
|
$0.00
|
| Operating Expenses |
$75.20 M
|
$50.63 M
|
$294.54 M
|
$47.48 M
|
$9.60 M
|
$10.04 M
|
$28.88 M
|
$177.15 K
|
| Cost And Expenses |
$300.44 M
|
$218.50 M
|
$426.45 M
|
$105.85 M
|
$41.43 M
|
$31.02 M
|
$51.80 M
|
$1.57 M
|
| Interest Income |
$6.04 M
|
$1.42 M
|
$456.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$1.74 M
|
$4.08 M
|
$14.22 M
|
$3.42 M
|
$6.10 M
|
$3.27 M
|
$63.00 K
|
$0.00
|
| Depreciation & Amortization |
$140.97 M
|
$84.79 M
|
$72.42 M
|
$24.48 M
|
$11.49 M
|
$6.84 M
|
$12.55 M
|
$1.15 M
|
| EBITDA |
$74.35 M |
-$17.41 M |
-$106.42 M |
$70.53 M |
$1.47 M |
$9.63 M |
-$5.57 M |
$8.29 M |
| EBITDA Ratio |
0.39
|
-0.12
|
-0.75
|
0.42
|
0.04
|
0.3
|
-0.16
|
0.92
|
| Operating Income Ratio |
-0.56
|
-0.49
|
-1.99
|
0.38
|
-0.19
|
0.04
|
-0.53
|
0.82
|
| Total Other Income/Expenses Net |
$39.21 M
|
-$37.19 M
|
$90.97 M
|
-$21.00 M
|
-$9.39 M
|
-$1.88 M
|
-$179.00 K
|
-$264.17 K
|
| Income Before Tax |
-$68.35 M
|
-$109.32 M
|
-$193.06 M
|
$42.64 M
|
-$16.12 M
|
-$484.00 K
|
-$18.18 M
|
$7.14 M
|
| Income Before Tax Ratio |
-0.35
|
-0.75
|
-1.36
|
0.25
|
-0.46
|
-0.01
|
-0.54
|
0.8
|
| Income Tax Expense |
-$14.29 M
|
-$401.00 K
|
-$17.41 M
|
$20.51 M
|
$172.00 K
|
-$2.59 M
|
$59.00 K
|
$2.05 M
|
| Net Income |
-$54.06 M
|
-$108.92 M
|
-$175.64 M
|
$22.13 M
|
-$16.29 M
|
$2.90 M
|
-$9.36 M
|
$5.08 M
|
| Net Income Ratio |
-0.28
|
-0.74
|
-1.23
|
0.13
|
-0.47
|
0.09
|
-0.28
|
0.57
|
| EPS |
-0.13 |
-0.42 |
-1.15 |
0.14 |
-0.19 |
0.0314 |
-0.16 |
0.0891 |
| EPS Diluted |
-0.13 |
-0.42 |
-1.15 |
0.13 |
-0.19 |
0.0297 |
-0.16 |
0.0891 |
| Weighted Average Shares Out |
$414.67 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 |
$414.67 M
|
$262.24 M
|
$207.78 M
|
$169.39 M
|
$84.92 M
|
$71.06 M
|
$56.92 M
|
$57.05 M
|
| Link |
|
|
|
|
|
|
|
|
