BIT Mining (BIT Mining) 3-Year Revenue Growth Rate : 295.80% (As of Sep. 2023)

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What is BIT Mining 3-Year Revenue Growth Rate?

BIT Mining's Revenue per Share for the three months ended in Sep. 2023 was $6.93.

During the past 12 months, BIT Mining's average Revenue per Share Growth Rate was -82.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 295.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 118.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 14 years, the highest 3-Year average Revenue per Share Growth Rate of BIT Mining was 295.80% per year. The lowest was -77.70% per year. And the median was 11.25% per year.

Competitive Comparison of BIT Mining's 3-Year Revenue Growth Rate

For the Information Technology Services subindustry, BIT Mining's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 Mining's 3-Year Revenue Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, BIT Mining's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where BIT Mining's 3-Year Revenue Growth Rate falls into.

BIT Mining 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

BIT Mining (NYSE:BTCM) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

BIT Mining 3-Year Revenue Growth Rate Related Terms

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BIT Mining (BIT Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BIT Mining Ltd (NYSE:BTCM) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

50C0:Germany

Address

428 South Seiberling Street, Akron, OH, USA, 44306

Website

https://www.btcm.group

BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.