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Bitfarms (BITF)
NASDAQ:BITF
US Market

Bitfarms (BITF) Income Statement

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Bitfarms Income Statement

Last quarter (Q3 2024), Bitfarms's total revenue was $44.85M, an increase of 29.65% from the same quarter last year. In Q3, Bitfarms's net income was $-36.65M. See Bitfarms’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 146.37M$ -8.38M$ 169.20M$ 34.79M$ 32.42M
Gross Profit
$ -21.50M$ -140.29M$ 110.83M$ -1.90M$ 5.44M
Operating Expenses
$ 50.63M$ 49.34M$ 48.10M$ 3.39M$ 4.29M
Depreciation and Amortization
$ 84.78M$ 72.42M$ 24.48M$ 11.49M$ 6.84M
EBITDA
$ -7.73M$ -103.47M$ 70.53M$ 1.47M$ 9.63M
Operating Income
$ -72.13M$ -284.02M$ 37.35M$ -9.31M$ 2.56M
Other Income/Expenses
$ -32.31M$ 90.97M$ 5.29M$ -9.39M$ -3.05M
Pretax Income
$ -104.44M$ -256.46M$ 42.64M$ -16.12M$ -484.00K
Net Income
$ -104.04M$ -239.05M$ 22.13M$ -16.29M$ 2.11M
Per Share Metrics
$ ―$ ―$ ―$ ―$ ―
Basic EPS
$ -0.40$ -1.15$ 0.14$ -0.19$ 0.03
Diluted EPS
$ -0.40$ -1.15$ 0.14$ -0.19$ 0.03
Weighted Average Shares Outstanding
262.24M 207.78M 169.39M 84.92M 71.06M
Weighted Average Shares Outstanding (Diluted)
262.24M 207.78M 169.39M 84.92M 71.06M
Currency in USD

Bitfarms Earnings and Revenue History

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