Bitfarms (FRA:1B2) 3-Year Revenue Growth Rate : 12.70% (As of Sep. 2024)

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What is Bitfarms 3-Year Revenue Growth Rate?

Bitfarms's Revenue per Share for the three months ended in Sep. 2024 was €0.09.

During the past 12 months, Bitfarms's average Revenue per Share Growth Rate was -2.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.60% 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 7 years, the highest 3-Year average Revenue per Share Growth Rate of Bitfarms was 17.10% per year. The lowest was 12.70% per year. And the median was 15.70% per year.

Competitive Comparison of Bitfarms's 3-Year Revenue Growth Rate

For the Capital Markets subindustry, Bitfarms'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.

Bitfarms's 3-Year Revenue Growth Rate Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitfarms's 3-Year Revenue Growth Rate distribution charts can be found below:

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

Bitfarms 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.

Bitfarms (FRA:1B2) 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.

Bitfarms 3-Year Revenue Growth Rate Related Terms

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Bitfarms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (FRA:1B2) » Definitions » 3-Year Revenue Growth Rate

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Traded in Other Exchanges

BITF:USA BITF:Canada

Address

110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4

Website

https://bitfarms.com

Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina, and Paraguay. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.

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