Education
About Us
Working with TipRanks
Follow Us
Bit Digital (BTBT)
NASDAQ:BTBT
Total Valuation
Bit Digital has a market cap or net worth of $338.10M. The enterprise value is $322.56M.
Market Cap$338.10M
Enterprise Value$322.56M
Share Statistics
Bit Digital has 182,758,040 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding182,758,040
Owned by Insiders0.09%
Owned by Institutions0.02%
Financial Efficiency
Bit Digital’s return on equity (ROE) is 0.06 and return on invested capital (ROIC) is 4.95%.
Return on Equity (ROE)0.06
Return on Assets (ROA)0.05
Return on Invested Capital (ROIC)4.95%
Return on Capital Employed (ROCE)0.06
Revenue Per Employee3.03M
Profits Per Employee524.18K
Employee Count54
Asset Turnover0.30
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Bit Digital is 14.53. Bit Digital’s PEG ratio is -0.06.
PE Ratio14.53
PS Ratio9.46
PB Ratio0.89
Price to Fair Value0.89
Price to FCF-3.84
Price to Operating Cash Flow-31.66
PEG Ratio-0.06
Income Statement
In the last 12 months, Bit Digital had revenue of 163.76M and earned 28.31M in profits. Earnings per share was 0.20.
Revenue163.76M
Gross Profit101.38M
Operating Income27.56M
Pretax Income32.28M
Net Income28.31M
EBITDA59.87M
Earnings Per Share (EPS)0.20
Cash Flow
In the last 12 months, operating cash flow was -12.99M and capital expenditures -94.00M, giving a free cash flow of -106.99M billion.
Operating Cash Flow-12.99M
Free Cash Flow-106.99M
Free Cash Flow per Share-0.59
Dividends & Yields
Bit Digital pays an annual dividend of ―, resulting in a dividend yield of ―
Dividend Per Share―
Dividend Yield―
Payout RatioN/A
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta2.08
52-Week Price Change-16.67%
50-Day Moving Average2.33
200-Day Moving Average3.28
Relative Strength Index (RSI)40.78
Average Volume (3m)15.19M
Important Dates
Bit Digital upcoming earnings date is Apr 24, 2025, TBA Not Confirmed.
Last Earnings DateMar 14, 2025
Next Earnings DateApr 24, 2025
Ex-Dividend Date―
Financial Position
Bit Digital as a current ratio of 5.39, with Debt / Equity ratio of 2.98%
Current Ratio5.39
Quick Ratio5.39
Debt to Market Cap0.03
Net Debt to EBITDA-1.36
Interest Coverage Ratio0.00
Taxes
In the past 12 months, Bit Digital has paid 3.98M in taxes.
Income Tax3.98M
Effective Tax Rate0.12
Enterprise Valuation
Bit Digital EV to EBITDA ratio is 5.51, with an EV/FCF ratio of -3.08.
EV to Sales2.01
EV to EBITDA5.51
EV to Free Cash Flow-3.08
EV to Operating Cash Flow-25.40
Balance Sheet
Bit Digital has $98.16M in cash and marketable securities with $0.00 in debt, giving a net cash position of -$84.35M billion.
Cash & Marketable Securities$98.16M
Total Debt$0.00
Net Cash-$84.35M
Net Cash Per Share-$0.46
Tangible Book Value Per Share$3.07
Margins
Gross margin is 57.73%, with operating margin of 16.83%, and net profit margin of 17.28%.
Gross Margin57.73%
Operating Margin16.83%
Pretax Margin19.71%
Net Profit Margin17.28%
EBITDA Margin36.56%
EBIT Margin16.83%
Analyst Forecast
The average price target for Bit Digital is $6.25, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$6.25
Price Target Upside237.84% Upside
Analyst ConsensusStrong Buy
Analyst Count3
Revenue Growth Forecast140.56%
EPS Growth Forecast―