Bitfarms Ltd. Income from Continuous Operations

Income from Continuous Operations of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Income from Continuous Operations growth rates and interactive chart.


Highlights and Quick Summary

  • Income from Continuous Operations for the quarter ending June 29, 2021 was $-3.68 Million (a -51.68% decrease compared to previous quarter)
  • Year-over-year quarterly Income from Continuous Operations decreased by -22.81%
  • Annual Income from Continuous Operations for 2020 was $-16.3 Million (a -873.09% decrease from previous year)
  • Annual Income from Continuous Operations for 2019 was $2.11 Million (a -111.55% decrease from previous year)
  • Twelve month Income from Continuous Operations ending June 29, 2021 was $-21.4 Million (a -0.26% decrease compared to previous quarter)
  • Twelve month trailing Income from Continuous Operations increased by 118.74% year-over-year
Trailing Income from Continuous Operations 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 Income from Continuous Operations of Bitfarms Ltd.

Most recent Income from Continuous Operationsof BITF including historical data for past 10 years.

Interactive Chart of Income from Continuous Operations of Bitfarms Ltd.

Bitfarms Ltd. Income from Continuous Operations 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.