How much did Bitfarms achieve in EBIT for the current year?
In the current year, Bitfarms has achieved an EBIT of 127.67 M USD.
Bitfarms EBIT 2024
Bitfarms EBIT
127.67 M USD
Ticker
BITF.TO
ISIN
CA09173B1076
WKN
A2PMY9
In 2024, Bitfarms's EBIT was 127.67 M USD, a -310% increase from the -60.79 M USD EBIT recorded in the previous year.
The Bitfarms EBIT history
| YEAR | EBIT (undefined USD) |
|---|---|
| 2029e | - |
| 2028e | 328.44 |
| 2027e | 475.32 |
| 2026e | 242.76 |
| 2025e | 221.73 |
| 2024e | 127.67 |
| 2023 | -60.79 |
| 2022 | -40.99 |
| 2021 | 67.88 |
| 2020 | -5.38 |
| 2019 | 1.15 |
| 2018 | 2.06 |
| 2017 | 6.89 |
Bitfarms Revenue, EBIT, Net Income CA09173B1076 · A2PMY9
3 years
5 years
10 years
Max
Revenue
EBIT
Net Income
Details
Revenue, EBIT and Profit
ⓘUnderstanding Revenue, EBIT, and Income
Gain insights into Bitfarms, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Bitfarms from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Bitfarms’s net earnings, an ultimate measure of its financial health and profitability.
Yearly Analysis and Comparisons
Observe the yearly bars to understand the annual performance and growth of Bitfarms. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.
Utilizing Expectations for Investment
The expected values for the forthcoming years offer investors a glimpse into Bitfarms’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.
Investment Insights
Leveraging the comparison between Revenue and EBIT helps in assessing Bitfarms’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Bitfarms’s growth potential.
Bitfarms Revenue, Profit, and EBIT History
| Date | Bitfarms Revenue | Bitfarms EBIT | Bitfarms Net Income |
|---|---|---|---|
| 2029e | 862.92 M undefined | 0 undefined | 0 undefined |
| 2028e | 578.34 M undefined | 328.44 M undefined | 0 undefined |
| 2027e | 806.82 M undefined | 475.32 M undefined | 0 undefined |
| 2026e | 670.14 M undefined | 242.76 M undefined | 207.34 M undefined |
| 2025e | 467.43 M undefined | 221.73 M undefined | 227.67 M undefined |
| 2024e | 280.63 M undefined | 127.67 M undefined | -2.95 M undefined |
| 2023 | 146.37 M undefined | -60.79 M undefined | -104.04 M undefined |
| 2022 | 142.43 M undefined | -40.99 M undefined | -239.05 M undefined |
| 2021 | 169.49 M undefined | 67.88 M undefined | 22.13 M undefined |
| 2020 | 34.7 M undefined | -5.38 M undefined | -16.29 M undefined |
| 2019 | 32.42 M undefined | 1.15 M undefined | 2.9 M undefined |
| 2018 | 33.81 M undefined | 2.06 M undefined | -9.36 M undefined |
| 2017 | 8.66 M undefined | 6.89 M undefined | 4.91 M undefined |
| Revenue | EBIT | Net Income | |
|---|---|---|---|
| 2017 | 8.66 M USD | 6.89 M USD | 4.91 M USD |
| 2018 | 33.81 M USD | 2.06 M USD | -9.36 M USD |
| 2019 | 32.42 M USD | 1.15 M USD | 2.9 M USD |
| 2020 | 34.7 M USD | -5.38 M USD | -16.29 M USD |
| 2021 | 169.49 M USD | 67.88 M USD | 22.13 M USD |
| 2022 | 142.43 M USD | -40.99 M USD | -239.05 M USD |
| 2023 | 146.37 M USD | -60.79 M USD | -104.04 M USD |
| 2024e | 280.63 M USD | 127.67 M USD | -2.95 M USD |
| 2025e | 467.43 M USD | 221.73 M USD | 227.67 M USD |
| 2026e | 670.14 M USD | 242.76 M USD | 207.34 M USD |
| 2027e | 806.82 M USD | 475.32 M USD | 0 USD |
| 2028e | 578.34 M USD | 328.44 M USD | 0 USD |
| 2029e | 862.92 M USD | 0 USD | 0 USD |
Bitfarms stock margins CA09173B1076 · A2PMY9
The Bitfarms margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Bitfarms. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Bitfarms.
3 years
5 years
10 years
Max
Gross margin
EBIT margin
Profit margin
Details
Margin
ⓘUnderstanding Gross Margin
The gross margin, expressed as a percentage, delineates the gross profit made from the Bitfarms's sales revenue. A higher gross margin percentage indicates that the Bitfarms retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.
EBIT Margin Analysis
EBIT margin represents the Bitfarms's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.
Revenue Margin Insights
The revenue margin demonstrates the Bitfarms's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Bitfarms's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.
Interpreting Expectations
The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Bitfarms. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.
Comparative Analysis
Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Bitfarms's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.
Bitfarms Margin History
| Bitfarms Gross margin | Bitfarms Profit margin | Bitfarms EBIT margin | Bitfarms Profit margin |
|---|---|---|---|
| 2029e | -14.69 % | 0 % | 0 % |
| 2028e | -14.69 % | 56.79 % | 0 % |
| 2027e | -14.69 % | 58.91 % | 0 % |
| 2026e | -14.69 % | 36.23 % | 30.94 % |
| 2025e | -14.69 % | 47.44 % | 48.71 % |
| 2024e | -14.69 % | 45.49 % | -1.05 % |
| 2023 | -14.69 % | -41.54 % | -71.08 % |
| 2022 | 7.38 % | -28.78 % | -167.84 % |
| 2021 | 65.56 % | 40.05 % | 13.06 % |
| 2020 | 8.28 % | -15.49 % | -46.94 % |
| 2019 | 35.28 % | 3.53 % | 8.94 % |
| 2018 | 32.18 % | 6.1 % | -27.7 % |
| 2017 | 84.43 % | 79.56 % | 56.62 % |
| Gross margin | EBIT margin | Profit margin | |
|---|---|---|---|
| 2017 | 84.43 % | 79.56 % | 56.62 % |
| 2018 | 32.18 % | 6.1 % | -27.7 % |
| 2019 | 35.28 % | 3.53 % | 8.94 % |
| 2020 | 8.28 % | -15.49 % | -46.94 % |
| 2021 | 65.56 % | 40.05 % | 13.06 % |
| 2022 | 7.38 % | -28.78 % | -167.84 % |
| 2023 | -14.69 % | -41.54 % | -71.08 % |
| 2024e | -14.69 % | 45.49 % | -1.05 % |
| 2025e | -14.69 % | 47.44 % | 48.71 % |
| 2026e | -14.69 % | 36.23 % | 30.94 % |
| 2027e | -14.69 % | 58.91 % | 0 % |
| 2028e | -14.69 % | 56.79 % | 0 % |
| 2029e | -14.69 % | 0 % | 0 % |
Bitfarms Aktienanalyse
What does Bitfarms do?
Bitfarms Ltd is a Canadian company that was founded in 2017 and operates in the cryptocurrency mining sector. The company's business model involves generating cryptocurrencies with specially designed computers. Bitfarms operates mining facilities in Canada, Iceland, and Russia, where the climatic conditions and energy supply are favorable. Bitfarms specializes in mining Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The company operates its mining operations exclusively in Canada to ensure a secure and stable power supply and increase security standards. Bitfarms' foundation is a combination of experience and technology. The company has a team of experts in data analysis, hardware and electrical engineering, and finance who work to maximize the potential of the cryptocurrency mining industry. Bitfarms has multiple divisions. The company operates mining facilities in Canada, Iceland, and Russia. The mining facilities in Canada are located in Sherbrooke, Farnham, and Saint-Hyacinthe. Bitfarms also operates its own mining farms and invests in mining equipment. Bitfarms also offers a cloud mining service, allowing customers to rent mining equipment and generate corresponding cryptocurrencies. Bitfarms covers the costs of maintenance and power supply. Customers can choose from various contracts depending on the cryptocurrency they want to generate and the preferred contract duration. Another main offering from Bitfarms is the sale of high-efficiency mining rigs. The company specializes in developing and manufacturing rigs with a high hash rate. These rigs are easy to set up and operate for cryptocurrency generation. Bitfarms has its own production facilities and also offers customized solutions. In recent years, Bitfarms has continuously expanded and grown its business. The company has invested in new technologies and innovative solutions to improve mining efficiency. For example, Bitfarms has developed advanced cooling technology that reduces heat output from mining hardware and lowers energy consumption. Bitfarms has also been involved in several mergers and acquisitions in recent years to strengthen its market position and resources. For example, the company has announced the acquisition of blockchain infrastructure firm Backbone Hosting Solutions Inc. to expand its services in blockchain hosting. Overall, Bitfarms Ltd is a leading company in the cryptocurrency mining industry. The company specializes in the development and operation of mining facilities and offers a wide range of services and products. Bitfarms has continuously invested in improving its technologies and mining efficiency to provide its customers with the best mining experience. Bitfarms ist eines der beliebtesten Unternehmen auf Eulerpool.com.EBIT Details
Analyzing Bitfarms's EBIT
Bitfarms's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.
Year-to-Year Comparison
A yearly comparison of Bitfarms's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.
Impact on Investments
Bitfarms's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.
Interpreting EBIT Fluctuations
Fluctuations in Bitfarms’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.
Frequently Asked Questions about Bitfarms Stock
What is EBIT?
EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Bitfarms.
How has the EBIT of Bitfarms developed in recent years?
The EBIT of Bitfarms has increased by -310.004% decreased compared to the previous year.
What does EBIT mean for investors?
EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.
Why is EBIT an important indicator for investors?
Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.
Why do EBIT values fluctuate?
EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.
What role does tax burden play in EBIT?
Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.
How is EBIT presented in the balance sheet of the company Bitfarms?
The EBIT of Bitfarms is listed in the income statement.
Can EBIT be used as a single indicator for evaluating a company?
EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.
Why is EBIT not equal to net profit?
The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.
How much dividend does Bitfarms pay?
Over the past 12 months, Bitfarms paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Bitfarms is expected to pay a dividend of 0 USD.
What is the dividend yield of Bitfarms?
The current dividend yield of Bitfarms is .
When does Bitfarms pay dividends?
Bitfarms pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Bitfarms?
Bitfarms paid dividends every year for the past 0 years.
What is the dividend of Bitfarms?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Bitfarms located?
Bitfarms is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Bitfarms kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bitfarms from 6/25/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/25/2024.
When did Bitfarms pay the last dividend?
The last dividend was paid out on 6/25/2024.
What was the dividend of Bitfarms in the year 2023?
In the year 2023, Bitfarms distributed 0 USD as dividends.
In which currency does Bitfarms pay out the dividend?
The dividends of Bitfarms are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Bitfarms
Our stock analysis for Bitfarms Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bitfarms Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.