Bitcoin Well (TSXV:BTCW) Operating Margin %: -2.88% (As of Mar. 2026)


What is Bitcoin Well Operating Margin %?

Bitcoin Well TSXV:BTCW Operating Margin % is -2.88% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 664 Capital Markets companies, Bitcoin Well ranks worse than 65.81% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bitcoin Well's Operating Income for the three months ended in Mar. 2026 was C$-1.0 Mil. Bitcoin Well's Revenue for the three months ended in Mar. 2026 was C$34.9 Mil. Therefore, Bitcoin Well's Operating Margin % for the quarter that ended in Mar. 2026 was -2.88%.

The historical rank and industry rank for Bitcoin Well's Operating Margin % or its related term are showing as below:

TSXV:BTCW' s Operating Margin % Range Over the Past 10 Years
Min: -8.91   Med: -3.07   Max: 3.73
Current: -2.08


TSXV:BTCW's Operating Margin % is ranked worse than
65.81% of 664 companies
in the Capital Markets industry
Industry Median: 6.955 vs TSXV:BTCW: -2.08

Bitcoin Well's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Bitcoin Well's Operating Income for the three months ended in Mar. 2026 was C$-1.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$-2.8 Mil.

Warning Sign:

Bitcoin Well Inc had lost money in 92% of the time over the past 12quarters.


Bitcoin Well  (TSXV:BTCW) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Bitcoin Well Operating Margin % Related Terms


Bitcoin Well Operating Margin % Historical Data

* Premium members only.

The historical data trend for Bitcoin Well's Operating 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.

Bitcoin Well Operating Margin % Chart

Bitcoin Well Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -8.04 -8.91 -4.29 -3.07 -1.91

Bitcoin Well Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 -2.27 0.04 -3.75 -1.60 -2.88

TSXV:BTCW vs MS, GS, SCHW: Operating Margin % Comparison

For the Capital Markets subindustry, Bitcoin Well's Operating Margin %, along with its competitors' market caps and Operating 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.


Bitcoin Well Operating Margin % vs Capital Markets Industry

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

* The bar in red indicates where Bitcoin Well's Operating Margin % falls into.



Bitcoin Well Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Bitcoin Well's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-2.545 / 132.959
=-1.91 %

Bitcoin Well's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-1.006 / 34.915
=-2.88 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -2.88% mean?
Bitcoin Well (TSXV:BTCW) has a Operating Margin % of -2.88% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bitcoin Well and its competitors. According to the industry distribution chart, Bitcoin Well ranks #437 out of 664 companies in the Capital Markets industry, placing it in the top 65.8%.
Is Bitcoin Well's Operating Margin % too high?
Bitcoin Well's current Operating Margin % is -2.88%. Based on the distribution chart, Bitcoin Well ranks #437 out of 664 companies in the Capital Markets industry, which is below the industry midpoint.
How does Bitcoin Well's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Bitcoin Well ranks #437 out of 664 companies for Operating Margin %. This places Bitcoin Well in the lower half of its industry. The industry median Operating Margin % is 6.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Bitcoin Well and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Well's current Operating Margin % is -2.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Well stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Well (TSXV:BTCW) is currently considered Significantly Undervalued. The stock's GF Value™ is C$0.12, compared to a current price of C$0.04 — trading 70.8% below its estimated fair value. The current Operating Margin % is -2.88%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Bitcoin Well (TSXV:BTCW), the current Operating Margin % is -2.88% as of Mar. 2026. 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.

Bitcoin Well Business Description

Other Exchanges BCNWF:USABH9:Germany
Address 10175 - 101 Street NW, Suite 1700, Enbridge Centre, Edmonton, AB, CAN, T5J 0H3
Bitcoin Well Inc offers ways to buy and sell bitcoin and other cryptocurrencies through a Bitcoin ATM network and suite of web-based transaction services. The company operates in three operating business segments: Bitcoin ATMs, Online Bitcoin Portal and Bitcoin Well Infinite. It derives maximum revenue from the Bitcoin ATM segment, which comprises sales and expenses related to the company's Bitcoin ATMs placed and operating throughout Canada. The Online Bitcoin Portal segment includes sales and expenses related to the company's online bitcoin platform. The Bitcoin Well Infinite segment includes sales and expenses related to large bitcoin transactions for high net worth individuals and businesses.