Bitfarms Ltd. Free Cash Flow

Free Cash Flow of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Free Cash Flow growth rates and interactive chart. Free cash flowis calculated as operating cash flow minus of capital expenditures. Interest payments are excluded from the generally accepted definition of free cash flow. Free cash flow is the cash flow available to all the investors in a company, including common stockholders, preferred shareholders, and lenders. Some investors prefer FCF or FCF per share over earnings and earnings per share as a measure of profitability. However, because FCF accounts for investments in property, plant, and equipment it can be lumpy over time. Free cash flow is usually used in discounted cash flow models to determine a company's intrinsic value.

Highlights and Quick Summary

  • Free Cash Flow for the quarter ending June 29, 2021 was $-30.8 Million (a 101.05% increase compared to previous quarter)
  • Year-over-year quarterly Free Cash Flow decreased by -25520.66%
  • Annual Free Cash Flow for 2020 was $3.65 Million (a -122.5% decrease from previous year)
  • Annual Free Cash Flow for 2019 was $-16.2 Million (a 91.1% increase from previous year)
  • Twelve month Free Cash Flow ending June 29, 2021 was $-42.2 Million (a 242.46% increase compared to previous quarter)
  • Twelve month trailing Free Cash Flow increased by 1431.65% year-over-year
Trailing Free Cash Flow for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$-42.2 Million $-12.3 Million $3.65 Million $-2.76 Million
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Historical Free Cash Flow of Bitfarms Ltd.

Most recent Free Cash Flowof BITF including historical data for past 10 years.

Interactive Chart of Free Cash Flow of Bitfarms Ltd.

Bitfarms Ltd. Free Cash Flow for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-30.76 $-15.3
2020 $3.69 $0.12 $-0.85 $0.69 $3.65
2019 $-2.71 $-10.53 $-2.39 $-0.59 $-16.22
2018 $-8.49 $-8.49

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.