Bitfarms Ltd. Depreciation & Amortization

Depreciation & Amortization of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Depreciation & Amortization growth rates and interactive chart.


Highlights and Quick Summary

  • Depreciation & Amortization for the quarter ending September 29, 2021 was $6.26 Million (a 27.26% increase compared to previous quarter)
  • Year-over-year quarterly Depreciation & Amortization increased by 120.92%
  • Annual Depreciation & Amortization for 2020 was $11.5 Million (a 67.85% increase from previous year)
  • Annual Depreciation & Amortization for 2019 was $6.84 Million (a -45.47% decrease from previous year)
  • Twelve month Depreciation & Amortization ending September 29, 2021 was $17 Million (a 24.4% increase compared to previous quarter)
  • Twelve month trailing Depreciation & Amortization increased by 48.21% year-over-year
Trailing Depreciation & Amortization for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
$17 Million $13.7 Million $11.5 Million $11.5 Million
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Historical Depreciation & Amortization of Bitfarms Ltd.

Most recent Depreciation & Amortizationof BITF including historical data for past 10 years.

Interactive Chart of Depreciation & Amortization of Bitfarms Ltd.

Bitfarms Ltd. Depreciation & Amortization for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $6.26 $4.92 $3.01
2020 $2.83 $2.92 $2.75 $2.98 $11.49
2019 $2.63 $1.57 $1.3 $1.35 $6.84
2018 $12.55 $12.55

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.