Bitfarms Ltd. Net Income Common

Net Income Common of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Net Income Common growth rates and interactive chart. Net income to common (NIC), also called net profit to shareholders, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses incuding preferred dividends. It is a useful number for investors to assess how much revenue exceeds the expenses of an organization.


Highlights and Quick Summary

  • Net Income Common for the quarter ending June 29, 2021 was $-3.68 Million (a -51.68% decrease compared to previous quarter)
  • Year-over-year quarterly Net Income Common decreased by -22.81%
  • Annual Net Income Common for 2020 was $-16.3 Million (a -661.88% decrease from previous year)
  • Annual Net Income Common for 2019 was $2.9 Million (a -130.96% decrease from previous year)
  • Twelve month Net Income Common ending June 29, 2021 was $-21.4 Million (a -0.26% decrease compared to previous quarter)
  • Twelve month trailing Net Income Common increased by 118.74% year-over-year
Trailing Net Income Common for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$-21.4 Million $-21.5 Million $-16.3 Million $-9.79 Million
Visit stockrow.com/BITF for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Net Income Common of Bitfarms Ltd.

Most recent Net Income Commonof BITF including historical data for past 10 years.

Interactive Chart of Net Income Common of Bitfarms Ltd.

Bitfarms Ltd. Net Income Common for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-3.68 $-7.61
2020 $-5.37 $-4.76 $-3.73 $-2.42 $-16.29
2019 $1.13 $3.9 $-0.83 $-1.29 $2.9
2018 $-9.36

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.