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Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. The company was founded in 2017 and is based in Toronto, Canada. more
Time Frame | BITF | Sector | S&P500 |
---|---|---|---|
1-Week Return | -2.84% | 1.03% | -0.48% |
1-Month Return | -4.65% | 6.16% | 1.19% |
3-Month Return | -13.87% | 14.5% | 5.36% |
6-Month Return | 9.63% | 18.9% | 11.14% |
1-Year Return | 79.82% | 42.76% | 30.4% |
3-Year Return | -72.45% | 26.74% | 26.28% |
5-Year Return | 406.17% | 68.86% | 90.48% |
10-Year Return | 126.52% | 155% | 186.38% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 32.42M | 34.79M | 169.20M | (8.38M) | 146.37M | [{"date":"2019-12-31","value":19.16,"profit":true},{"date":"2020-12-31","value":20.56,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-4.95,"profit":false},{"date":"2023-12-31","value":86.5,"profit":true}] |
Cost of Revenue | 26.98M | 36.69M | 58.37M | 131.91M | 167.87M | [{"date":"2019-12-31","value":16.07,"profit":true},{"date":"2020-12-31","value":21.86,"profit":true},{"date":"2021-12-31","value":34.77,"profit":true},{"date":"2022-12-31","value":78.58,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Profit | 5.44M | (1.90M) | 110.83M | (140.29M) | (21.50M) | [{"date":"2019-12-31","value":4.91,"profit":true},{"date":"2020-12-31","value":-1.72,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-126.58,"profit":false},{"date":"2023-12-31","value":-19.4,"profit":false}] |
Gross Margin | 16.77% | (5.47%) | 65.50% | 1673.73% | (14.69%) | [{"date":"2019-12-31","value":1,"profit":true},{"date":"2020-12-31","value":-0.33,"profit":false},{"date":"2021-12-31","value":3.91,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-0.88,"profit":false}] |
Operating Expenses | 4.29M | 3.39M | 48.10M | 49.34M | 50.63M | [{"date":"2019-12-31","value":8.48,"profit":true},{"date":"2020-12-31","value":6.69,"profit":true},{"date":"2021-12-31","value":95.01,"profit":true},{"date":"2022-12-31","value":97.46,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Income | 2.56M | (9.31M) | 37.35M | (284.02M) | (72.13M) | [{"date":"2019-12-31","value":6.87,"profit":true},{"date":"2020-12-31","value":-24.92,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-760.47,"profit":false},{"date":"2023-12-31","value":-193.13,"profit":false}] |
Total Non-Operating Income/Expense | (4.90M) | (19.51M) | (18.57M) | 126.18M | (45.70M) | [{"date":"2019-12-31","value":-3.88,"profit":false},{"date":"2020-12-31","value":-15.46,"profit":false},{"date":"2021-12-31","value":-14.72,"profit":false},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-36.22,"profit":false}] |
Pre-Tax Income | (484.00K) | (16.12M) | 42.64M | (256.46M) | (104.44M) | [{"date":"2019-12-31","value":-1.14,"profit":false},{"date":"2020-12-31","value":-37.8,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-601.5,"profit":false},{"date":"2023-12-31","value":-244.94,"profit":false}] |
Income Taxes | (2.59M) | 172.00K | 20.51M | (17.41M) | (401.00K) | [{"date":"2019-12-31","value":-12.63,"profit":false},{"date":"2020-12-31","value":0.84,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-84.91,"profit":false},{"date":"2023-12-31","value":-1.96,"profit":false}] |
Income After Taxes | 2.11M | (16.29M) | 22.13M | (239.05M) | (104.04M) | [{"date":"2019-12-31","value":9.52,"profit":true},{"date":"2020-12-31","value":-73.61,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-1080.21,"profit":false},{"date":"2023-12-31","value":-470.11,"profit":false}] |
Income From Continuous Operations | 2.11M | (16.29M) | 22.13M | (239.05M) | (104.04M) | [{"date":"2019-12-31","value":9.52,"profit":true},{"date":"2020-12-31","value":-73.61,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-1080.21,"profit":false},{"date":"2023-12-31","value":-470.11,"profit":false}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 2.11M | (16.29M) | 22.13M | (239.05M) | (104.04M) | [{"date":"2019-12-31","value":9.52,"profit":true},{"date":"2020-12-31","value":-73.61,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-1080.21,"profit":false},{"date":"2023-12-31","value":-470.11,"profit":false}] |
EPS (Diluted) | 0.02 | (0.24) | 0.38 | (1.36) | (0.33) | [{"date":"2019-12-31","value":5.71,"profit":true},{"date":"2020-12-31","value":-64.24,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-357.89,"profit":false},{"date":"2023-12-31","value":-86.84,"profit":false}] |
These ratios help you determine the liquidity of the company. Higher is better.
BITF | |
---|---|
Cash Ratio | 2.85 |
Current Ratio | 3.70 |
Quick Ratio | 3.68 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
BITF | |
---|---|
ROA (LTM) | -13.00% |
ROE (LTM) | -31.07% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
BITF | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.13 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.87 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
BITF | |
---|---|
Trailing PE | NM |
Forward PE | 84.03 |
P/S (TTM) | 5.76 |
P/B | 2.06 |
Price/FCF | NM |
EV/R | 5.06 |
EV/Ebitda | 56.30 |
Bitfarms Ltd (BITF) share price today is $2.05
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Yes, you can purchase fractional shares of Bitfarms Ltd (BITF) via the Vested app. You can start investing in Bitfarms Ltd (BITF) with a minimum investment of $1.
You can invest in shares of Bitfarms Ltd (BITF) via Vested in three simple steps:
The 52-week high price of Bitfarms Ltd (BITF) is $3.91. The 52-week low price of Bitfarms Ltd (BITF) is $1.01.
The price-to-earnings (P/E) ratio of Bitfarms Ltd (BITF) is
The price-to-book (P/B) ratio of Bitfarms Ltd (BITF) is 2.06
The dividend yield of Bitfarms Ltd (BITF) is 0.00%
The market capitalization of Bitfarms Ltd (BITF) is $1.05B
The stock symbol (or ticker) of Bitfarms Ltd is BITF