Bitfarms Ltd. EBT

EBT of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including EBT growth rates and interactive chart. Earnings before tax (EBT) measures a company's financial performance. Its calculation is revenue minus expenses, excluding taxes. EBT is a line item on a company's income statement. It shows company earnings with the cost of goods sold (COGS), interest, depreciation, general and administrative expenses, and other operating expenses deducted from gross sales.

Highlights and Quick Summary

  • EBT for the quarter ending June 29, 2021 was $-3.07 Million (a -55.72% decrease compared to previous quarter)
  • Year-over-year quarterly EBT decreased by -35.5%
  • Annual EBT for 2020 was $-16.1 Million (a 3229.96% increase from previous year)
  • Annual EBT for 2019 was $-484 Thousand (a -97.34% decrease from previous year)
  • Twelve month EBT ending June 29, 2021 was $-19.9 Million (a -3.23% decrease compared to previous quarter)
  • Twelve month trailing EBT increased by 59.15% year-over-year
Trailing EBT for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$-19.9 Million $-20.5 Million $-16.1 Million $-12.5 Million
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Historical EBT of Bitfarms Ltd.

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

Interactive Chart of EBT of Bitfarms Ltd.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-3.07 $-6.94
2020 $-5.09 $-4.76 $-3.73 $-2.53 $-16.12
2019 $-1.45 $4.29 $-1.32 $-2.01 $-0.48
2018 $-18.18

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.