Bitfarms (Bitfarms) EBITDA Margin % : -59.47% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Bitfarms EBITDA Margin %?

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Bitfarms's EBITDA for the three months ended in Dec. 2023 was $-27.5 Mil. Bitfarms's Revenue for the three months ended in Dec. 2023 was $46.2 Mil. Therefore, Bitfarms's EBITDA margin for the quarter that ended in Dec. 2023 was -59.47%.

Bitfarms EBITDA Margin % Historical Data

The historical data trend for Bitfarms'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.

Bitfarms EBITDA Margin % Chart

Bitfarms Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBITDA Margin %

Get a 7-Day Free Trial

29.69

4.24

41.61

-72.65

-5.28

Bitfarms Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBITDA Margin %	Get a 7-Day Free Trial															272.76	64.93	-7.73	12.37	-59.47

Competitive Comparison of Bitfarms's EBITDA Margin %

For the Capital Markets subindustry, Bitfarms'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.

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

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

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

Bitfarms EBITDA Margin % Calculation

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

Bitfarms'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 )
	=	-7.731	/	146.366
	=	-5.28 %

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

EBITDA Margin %	=	EBITDA (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-27.498	/	46.241
	=	-59.47 %

Bitfarms (NAS:BITF) 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.

Bitfarms EBITDA Margin % Related Terms

Thank you for viewing the detailed overview of Bitfarms's EBITDA Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bitfarms (Bitfarms) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

1B2:Germany 1B2:Germany BITF:Canada

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.