Market closedNon-fractional
Bitfarms/BITF
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Bitfarms
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.
Ticker
BITF
Sector
Technology
Trading on
NASDAQ
Industry
Software
Headquarters
Toronto, Canada
Employees
170
Website
www.bitfarms.com
Bitfarms Metrics
BasicAdvanced
$1.1B
Market cap
-
P/E ratio
-$0.37
EPS
3.33
Beta
-
Dividend rate
Price and volume
Market cap
$1.1B
Beta
3.33
Financial strength
Current ratio
3.017
Quick ratio
1.522
Long term debt to equity
3.742
Total debt to equity
4.365
Interest coverage (TTM)
-17.43%
Management effectiveness
Return on assets (TTM)
-8.15%
Return on equity (TTM)
-33.32%
Valuation
Price to revenue (TTM)
4.471
Price to book
3.47
Price to tangible book (TTM)
3.51
Price to free cash flow (TTM)
-7.256
Growth
Revenue change (TTM)
26.09%
Earnings per share change (TTM)
-56.41%
3-year revenue growth (CAGR)
45.66%
3-year earnings per share growth (CAGR)
17.93%
What the Analysts think about Bitfarms
Analyst Ratings
Majority rating from 4 analysts.
Bitfarms Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$50M
8.87%
Net income
-$5.9M
-89.70%
Profit margin
-11.72%
-90.55%
Bitfarms Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$0.06
-$0.07
-$0.20
-$0.02
-
Expected
-$0.04
-$0.05
-$0.02
-$0.02
-$0.11
Surprise
40.03%
35.10%
780.79%
33.33%
-
Bitfarms News
AllArticlesVideos
Bitfarms Announces Toronto Stock Exchange Deferral of Consideration of Shareholder Rights Plan
GlobeNewsWire·8 hours ago
Bitfarms Issues Statement Regarding Decision by Capital Markets Tribunal of the Ontario Securities Commission
GlobeNewsWire·2 days ago
Tribunal terminates Bitfarms' 'poison pill' against Riot
Reuters·2 days ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Bitfarms stock?
Bitfarms (BITF) has a market cap of $1.1B as of July 27, 2024.
What is the P/E ratio for Bitfarms stock?
The price to earnings (P/E) ratio for Bitfarms (BITF) stock is 0 as of July 27, 2024.
Does Bitfarms stock pay dividends?
No, Bitfarms (BITF) stock does not pay dividends to its shareholders as of July 27, 2024.
When is the next Bitfarms dividend payment date?
Bitfarms (BITF) stock does not pay dividends to its shareholders.
What is the beta indicator for Bitfarms?
Bitfarms (BITF) has a beta rating of 3.33. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
Buy or sell Bitfarms stock
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