Bitfarms (TSX:BITF) FCF Margin % : -22.98% (As of Dec. 2023)

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What is Bitfarms FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Bitfarms's Free Cash Flow for the three months ended in Dec. 2023 was C$-14.3 Mil. Bitfarms's Revenue for the three months ended in Dec. 2023 was C$62.0 Mil. Therefore, Bitfarms's FCF Margin % for the quarter that ended in Dec. 2023 was -22.98%.

As of today, Bitfarms's current FCF Yield % is -7.15%.

The historical rank and industry rank for Bitfarms's FCF Margin % or its related term are showing as below:

TSX:BITF' s FCF Margin % Range Over the Past 10 Years
Min: -139.58 Med: -43.68 Max: 7.89
Current: -32.5

During the past 7 years, the highest FCF Margin % of Bitfarms was 7.89%. The lowest was -139.58%. And the median was -43.68%.

TSX:BITF's FCF Margin % is ranked worse than
68.73% of 777 companies
in the Capital Markets industry
Industry Median: -0.38 vs TSX:BITF: -32.50

Bitfarms FCF Margin % Historical Data

The historical data trend for Bitfarms's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bitfarms FCF Margin % Chart

Bitfarms Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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-54.77

7.89

-139.58

-111.44

-32.59

Bitfarms Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Margin %	Get a 7-Day Free Trial															34.07	-23.55	-54.78	-30.56	-22.98

Competitive Comparison of Bitfarms's FCF Margin %

For the Capital Markets subindustry, Bitfarms's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bitfarms's FCF Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitfarms's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Bitfarms's FCF Margin % falls into.

Bitfarms FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Bitfarms's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-64.004	/	196.365
	=	-32.59 %

Bitfarms's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-14.255	/	62.037
	=	-22.98 %

Bitfarms FCF Margin % Related Terms

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Bitfarms (TSX:BITF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (TSX:BITF) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

BITF:USA 1B2:Germany 1B2:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.bitfarms.com

Bitfarms Ltd is a publicly traded Bitcoin company. It develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The company's proprietary data analytics system delivers best-in-class operational performance and uptime. The group has around 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina. It is Powered by predominantly environmentally friendly hydroelectric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure.

Executives