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Bitfarms (TSE:BITF)
TSX:BITF
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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
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 182.96M$ 146.37M$ 142.43M$ 169.20M$ 34.79M$ 32.42M
Cost of Revenue
$ 214.95M$ 167.87M$ 131.91M$ 88.70M$ 36.69M$ 26.98M
Gross Profit
$ -31.99M$ -21.50M$ 10.52M$ 111.12M$ 2.87M$ 5.44M
Operating Expense
$ 68.58M$ 42.50M$ 52.78M$ 17.77M$ 3.39M$ 3.98M
Operating Income
$ -103.31M$ -64.00M$ -42.27M$ 62.73M$ -5.29M$ 1.46M
Net Non Operating Interest Income Expense
$ 7.79M$ 13.40M$ -137.11M$ 23.86M$ 10.12M$ 1.84M
Other Income Expense
$ -21.89M$ -27.04M$ 148.64M$ 3.77M$ -707.00K$ -97.00K
Pretax Income
$ -141.64M$ -104.44M$ -424.08M$ 42.64M$ -16.12M$ -484.00K
Tax Provision
$ -4.96M$ -401.00K$ -17.41M$ 20.51M$ 172.00K$ -2.59M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ -126.60M$ -104.04M$ -175.64M$ 22.13M$ -16.29M$ 2.90M
Basic EPS
$ -0.37$ -0.40$ -0.85$ 0.14$ -0.19$ 0.04
Diluted EPS
$ -0.37$ -0.40$ -0.85$ 0.13$ -0.19$ 0.04
Basic Average Shares
$ 1.49B$ 262.24M$ 207.78M$ 157.65M$ 84.92M$ 67.04M
Diluted Average Shares
$ 1.49B$ 262.24M$ 207.78M$ 169.39M$ 84.92M$ 71.06M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 283.53M$ 210.37M$ 184.69M$ -106.47M$ -40.08M$ -30.97M
Net Income From Continuing And Discontinued Operation
$ -126.60M$ -104.04M$ -175.64M$ 22.13M$ -16.29M$ 2.90M
Normalized Income
$ -146.71M$ -92.59M$ -348.38M$ 30.43M$ -8.96M$ -2.40M
Interest Expense
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EBIT
$ -121.78M$ -92.52M$ -423.45M$ 46.06M$ -10.01M$ 2.78M
EBITDA
$ -5.37M$ -7.73M$ -103.47M$ 70.53M$ 1.47M$ 9.63M
Currency in USD

Bitfarms Earnings and Revenue History

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