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Bit Digital (MEX:BTBT) EBITDA Margin % : -28.37% (As of Sep. 2024)


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What is Bit Digital EBITDA Margin %?

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Bit Digital's EBITDA for the three months ended in Sep. 2024 was MXN-127 Mil. Bit Digital's Revenue for the three months ended in Sep. 2024 was MXN447 Mil. Therefore, Bit Digital's EBITDA margin for the quarter that ended in Sep. 2024 was -28.37%.


Bit Digital EBITDA Margin % Historical Data

The historical data trend for Bit Digital's EBITDA 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.

Bit Digital EBITDA Margin % Chart

Bit Digital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only - 21.10 27.25 -34.25 -27.40

Bit Digital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.25 -38.15 26.99 28.71 -28.37

Competitive Comparison of Bit Digital's EBITDA Margin %

For the Capital Markets subindustry, Bit Digital's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


Bit Digital's EBITDA Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Bit Digital's EBITDA Margin % falls into.



Bit Digital EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Bit Digital's EBITDA Margin % for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-208.936/762.415
=-27.40 %

Bit Digital's EBITDA Margin % for the quarter that ended in Sep. 2024 is calculated as

EBITDA Margin %=EBITDA (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-126.865/447.147
=-28.37 %

* 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.


Bit Digital  (MEX:BTBT) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Bit Digital EBITDA Margin % Related Terms

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Bit Digital Business Description

Traded in Other Exchanges
Address
33 Irving Place, New York, NY, USA, 10003
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries.. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. It generates revenue from digital asset mining and ETH staking business.