Bitfarms Ltd. EBIT

EBIT of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including EBIT growth rates and interactive chart. Earnings before interest and taxes is an indicator of a company's profitability. One can calculate it as revenue minus all expenses, excluding tax and interest. EBIT is also referred to as operating earnings, operating profit, and profit before interest and taxes. It is the amount of profit that a company earns before interest on debt and taxes are paid.

Highlights and Quick Summary

  • EBIT for the quarter ending September 29, 2021 was $34.2 Million (a -1734.45% decrease compared to previous quarter)
  • Year-over-year quarterly EBIT increased by 6179.41%
  • Annual EBIT for 2020 was $-5.29 Million (a -478.06% decrease from previous year)
  • Annual EBIT for 2019 was $1.4 Million (a -107.77% decrease from previous year)
  • Twelve month EBIT ending September 29, 2021 was $49.1 Million (a 306.2% increase compared to previous quarter)
  • Twelve month trailing EBIT decreased by -1028.06% year-over-year
Trailing EBIT for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
$49.1 Million $12.1 Million $12.7 Million $-5.29 Million
Visit for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical EBIT of Bitfarms Ltd.

Most recent EBITof BITF including historical data for past 10 years.

Interactive Chart of EBIT of Bitfarms Ltd.

Bitfarms Ltd. EBIT for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $34.16 $-2.09 $16.47
2020 $0.54 $-2.84 $-1.48 $-1.51 $-5.29
2019 $0.42 $2.11 $0.58 $-1.71 $1.4
2018 $-18.0

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.