BTOG (Bit Origin) Gross Profit: $0.04 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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BTOG Bit Origin Ltd BTOG
24 GF Score
Price $0.78
GF Value $0.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bit Origin Gross Profit?

Bit Origin BTOG -4.87% 24 Gross Profit is $0.04 Mil as of Dec. 2025. GuruFocus rates BTOG with a GF Score™ of 24/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Bit Origin's gross profit for the six months ended in Dec. 2025 was $0.00 Mil. Bit Origin's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was $0.04 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bit Origin's gross profit for the six months ended in Dec. 2025 was $0.00 Mil. Bit Origin's Revenue for the six months ended in Dec. 2025 was $0.00 Mil. Therefore, Bit Origin's Gross Margin % for the quarter that ended in Dec. 2025 was N/A%.

Bit Origin had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Bit Origin was 14.30%. The lowest was -109.90%. And the median was -12.36%.


Bit Origin  (NAS:BTOG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bit Origin had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Bit Origin Gross Profit Related Terms


Bit Origin Gross Profit Historical Data

* Premium members only.

The historical data trend for Bit Origin's Gross Profit 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.

Bit Origin Gross Profit Chart

Bit Origin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.21 -4.57 -0.95 0.04

Bit Origin Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Profit 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 -0.95 0.00 0.00 0.04 0.00

BTOG vs MWAI, PWCM, IPST: Gross Profit Comparison

For the Financial Data & Stock Exchanges subindustry, Bit Origin's Gross Profit, along with its competitors' market caps and Gross Profit 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 Origin Gross Profit vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Origin's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bit Origin's Gross Profit falls into.


BTOG
24GF Score
Bit Origin Ltd BTOG
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Bit Origin Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Bit Origin's Gross Profit for the fiscal year that ended in Jun. 2025 is calculated as

Gross Profit (A: Jun. 2025 )=Revenue - Cost of Goods Sold
=0.039 - 0
=0.04

Bit Origin's Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.04 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Bit Origin's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $0.04 Mil mean?
Bit Origin (BTOG) has a Gross Profit of $0.04 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Bit Origin and its competitors.
Is Bit Origin's Gross Profit too high?
Bit Origin's current Gross Profit is $0.04 Mil. Overall, Bit Origin has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bit Origin's Gross Profit compare to MWAI and PWCM?
Bit Origin's Gross Profit of $0.04 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Capital Markets company?
A good Gross Profit depends on the Capital Markets industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Bit Origin and its competitors. Bit Origin's current Gross Profit is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Origin stock overvalued right now?
Based on GuruFocus' analysis, Bit Origin (BTOG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.78 — trading 680% above its estimated fair value. The current Gross Profit is $0.04 Mil. Bit Origin's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Bit Origin (BTOG), the current Gross Profit is $0.04 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bit Origin (BTOG) Overvalued in 2026?

Based on GuruFocus' analysis, Bit Origin stock appears to be overvalued. The current stock price of $0.78 is trading 680% above its estimated GF Value™ of $0.10. GuruFocus considers Bit Origin to be Significantly Overvalued.

Key valuation signals for BTOG:

  • Gross Profit: $0.04 Mil
  • GF Value™: $0.10 vs. price of $0.78 (680% above fair value)
  • GF Score™: 24/100 with 7 warning signs

No single metric tells the full story. See the BTOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bit Origin Business Description

Address 160 Robinson Road, 12th Floor, SBF Center, Singapore, SGP, 068914
Bit Origin Ltd is seeking opportunities in deploying new technologies, crypto asset mining and blockchain technologies in Singapore. The company has focused on building the Bitcoin mining ecosystem through incubations, strategic investments, and acquisitions. It derives all of its revenue from Bitcoin mining.
24GF Score

Get the complete analysis for BTOG

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.78
Price
$0.10
GF Value