Equities

Bitfarms Ltd

Bitfarms Ltd

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TechnologyTechnology Hardware and Equipment
  • Price (CAD)2.96
  • Today's Change0.09 / 3.14%
  • Shares traded6.17m
  • 1 Year change+86.16%
  • Beta3.2046
Data delayed at least 15 minutes, as of Nov 22 2024 21:00 GMT.
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Financials data is unavailable for this security.

Inc stmt in USDIncome statement in USDView more

Year on year Bitfarms Ltd had relatively flat revenues (142.43m to 146.37m), though the company grew net income from a loss of 239.05m to a smaller loss of 104.04m. A reduction in the selling, general and administrative costs as a percentage of sales from 36.16% to 26.85% was a component in the net income growth despite flat revenues.
Gross margin-17.48%
Net profit margin-69.20%
Operating margin-56.80%
Return on assets-27.54%
Return on equity-31.67%
Return on investment-30.19%
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Cash flow in USDView more

In 2023, Bitfarms Ltd increased its cash reserves by 172.08%, or 53.15m. Cash Flow from Financing totalled 87.88m or 60.04% of revenues. In addition the company generated 23.60m in cash from operations while cash used for investing totalled 58.34m.
Cash flow per share0.0476
Price/Cash flow per share73.63
Book value per share1.58
Tangible book value per share1.57
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Balance sheet in USDView more

Bitfarms Ltd has a strong Balance Sheet and has consistently grown its cash reserves over the last Four years to total 84.04m.
Current ratio3.70
Quick ratio3.68
Total debt/total equity0.0468
Total debt/total capital0.0447
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Growth rates in USD

Year on year, growth in earnings per share excluding extraordinary items increased 65.52%.
EPS growth(5 years)--
EPS (TTM) vs
TTM 1 year ago
-37.95
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