Bitfarms Ltd. EBITDA

EBITDA of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including EBITDA growth rates and interactive chart. Earnings before interest, tax, depreciation and amortization (EBITDA) is a measure of a company's operating performance. Essentially, it's a way to evaluate a company's performance without having to factor in depreciation, interest expenses (debt), writedowns or other accounting measures and taxes. EBITDA, however, can be misleading because it strips out the cost of capital investments like property, plant, and equipment. To calculate EBITDA, take operating profit (also called EBIT) and add back depreciation and amortization.

Highlights and Quick Summary

  • EBITDA for the quarter ending September 29, 2021 was $40.4 Million (a 1328.3% increase compared to previous quarter)
  • Year-over-year quarterly EBITDA increased by 1096.6%
  • Annual EBITDA for 2020 was $6.2 Million (a -24.81% decrease from previous year)
  • Annual EBITDA for 2019 was $8.24 Million (a -251.23% decrease from previous year)
  • Twelve month EBITDA ending September 29, 2021 was $66.1 Million (a 156.55% increase compared to previous quarter)
  • Twelve month trailing EBITDA increased by 966.77% year-over-year
Trailing EBITDA for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
$66.1 Million $25.8 Million $24.2 Million $6.2 Million
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Historical EBITDA of Bitfarms Ltd.

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

Interactive Chart of EBITDA of Bitfarms Ltd.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $40.42 $2.83 $19.48
2020 $3.38 $0.08 $1.27 $1.47 $6.2
2019 $3.05 $3.68 $1.87 $-0.36 $8.24
2018 $-5.45

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.