Bitfarms Ltd. Consolidated Net Income/Loss

Consolidated Net Income/Loss of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Consolidated Net Income/Loss growth rates and interactive chart.


Highlights and Quick Summary

  • Consolidated Net Income/Loss for the quarter ending June 29, 2021 was $-3.68 Million (a -51.68% decrease compared to previous quarter)
  • Year-over-year quarterly Consolidated Net Income/Loss decreased by -22.81%
  • Annual Consolidated Net Income/Loss for 2020 was $-16.3 Million (a -873.09% decrease from previous year)
  • Annual Consolidated Net Income/Loss for 2019 was $2.11 Million (a -111.55% decrease from previous year)
  • Twelve month Consolidated Net Income/Loss ending June 29, 2021 was $-21.4 Million (a -0.26% decrease compared to previous quarter)
  • Twelve month trailing Consolidated Net Income/Loss increased by 118.74% year-over-year
Trailing Consolidated Net Income/Loss for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$-21.4 Million $-21.5 Million $-16.3 Million $-9.79 Million
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Historical Consolidated Net Income/Loss of Bitfarms Ltd.

Most recent Consolidated Net Income/Lossof BITF including historical data for past 10 years.

Interactive Chart of Consolidated Net Income/Loss of Bitfarms Ltd.

Bitfarms Ltd. Consolidated Net Income/Loss for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-3.68 $-7.61
2020 $-5.37 $-4.76 $-3.73 $-2.42 $-16.29
2019 $1.13 $4.31 $-1.32 $-2.01 $2.11
2018 $-18.24

Business Profile of Bitfarms Ltd.

Sector: Financial Services
Industry: Capital Markets
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.