Bitfarms Ltd. Average Receivables

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

Highlights and Quick Summary

  • Average Receivables for the quarter ending September 29, 2021 was $1.32 Million (a -19.7% decrease compared to previous quarter)
  • Year-over-year quarterly Average Receivables decreased by -33.28%
  • Annual Average Receivables for 2020 was $1.98 Million (a 5.08% increase from previous year)
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Historical Average Receivables of Bitfarms Ltd.

Most recent Average Receivablesof BITF including historical data for past 10 years.

Interactive Chart of Average Receivables of Bitfarms Ltd.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $1.32 $1.64 $1.68
2020 $1.98 $1.17 $1.98
2019 $1.88

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.